The Latest Breaking News from Meta

People are mysteriously disappearing off WhatsApp

Meta-owned messaging app says it will try to fix problem deletions as ‘as quickly as possible’

The Independent UK · Aug 4

Mark Zuckerberg's wife Priscilla Chan invested $125 mn in a school for poor kids. Now she is shutting it down to invest in AI

A free school for underprivileged children will close after the 2025-26 academic year. The Chan Zuckerberg Initiative is redirecting funds towards artificial intelligence and research. This decision impacts approximately 540 students who relied on its comprehensive services. The school demonstrated strong academic performance and provided essential health support. Families are…

The Economic Times · Aug 4

WhatsApp down: App stops sending photos in major outage

The Meta-owned app says it has more than three billion users globally

The Independent UK · Aug 4

TikTok settling three teen social media lawsuits ahead of trial

TikTok has agreed to settle three lawsuits concerning addictive platform designs. Young plaintiffs alleged social media platforms harmed their mental health and well-being. These cases are part of thousands consolidated in California state court. Claims against Meta, Google's YouTube, and Snap's Snapchat will continue. Attorneys are using these bellwether trials…

The Economic Times · Aug 4

'China Controls 99%': Jeff Bezos Backs $2.6bn AI Startup as Chipmakers Face Gallium Shortage

Jeff Bezos has invested in Cambridge start-up CuspAI, a $2.6 billion AI firm working with Nvidia and Meta to tackle looming shortages of critical chip materials such as gallium.

International Business Times UK · Aug 3

Valve's Steam Frame price leaks and I don't think Meta has much to worry about

A report suggests the Steam Frame is imminent, although you might not like the price

T3 · Aug 3

Amazon, Alphabet Lead 'AI Debt Tsunami' Now Blamed for 20-Year-High Rates

Long-term interest rates have climbed to their highest levels in two decades, and hyperscaler debt issuance is emerging as a key culprit.

Benzinga · Aug 3

Kmart sells out of low-cost rival to Meta camera glasses across Australia amid warnings of ‘privacy nightmare’

Expert says people face being filmed without their consent as $89 Anko smartglasses sell out in stores and online

The Guardian - AU · Aug 3

Mark Zuckerberg should apologise for removal of PM Modi's video from Facebook: IT panel chief Nishikant Dubey

A parliamentary panel demanded an apology from Meta's Mark Zuckerberg for removing Prime Minister Modi's video. Members also sought legal action and accountability for the platform's actions. Meta officials expressed regret and offered an apology for the incident. The panel questioned Meta about algorithmic bias and content moderation practices. They…

The Economic Times · Aug 3

Surging Short Interest in SpaceX Stock Sends Strong Signal to Wall Street

SpaceX's short interest has jumped to $24.6 billion ahead of earnings and a massive share unlock. Here is what it means for investors.

Barchart · Aug 3