CoreWeave Just Scored a New 'Buy' Rating. Here's Why. CoreWeave stock inches higher as Truist initiates coverage with a 'Buy' rating. Here’s why the investment firm is bullish on CRWV shares. Barchart · Jul 22
Instagram was down — Live updates on massive outage affecting DMs There seems to be an issue with Instagram, as users are reporting problems on the popular social network. Tom’s Guide · Jul 22
Meta’s Latest AWS Hire Makes Wedbush Bullish on Its Cloud Ambitions. How to Play META Stock Here. Dave Brown was with Amazon for close to two decades and is now on his way to Meta to bolster its AI and cloud plans. Barchart · Jul 22
Instagram down: Users report outage, messaging issues and app glitches worldwide, what is the reason? Is Instagram Facebook Down Today 22 July Downdetector: Instagram and other Meta platforms are facing reported outages, with thousands of users flagging app glitches, messaging failures and loading issues. Downdetector recorded a sharp rise in complaints, while Meta has not yet confirmed the cause of the disruption. Users worldwide are… The Economic Times · Jul 22
Meta shadow-bans Delhi protest content, throttles reach, complain users Multiple users noted that Meta had marked Cockroach Janta Party (CJP) and politician Anish Gawande's posts as 'sensitive content'. For the past two days, social media has been filled with videos and photos of the clashes that broke out at the protest site with police using tear gas and lathicharges… The Economic Times · Jul 22
France Just Took on TikTok, Facebook, Instagram and X With Europe’s Toughest Social Media Ban for Kids France became the first European Union country to approve a blanket social media ban for children under 15 on Tuesday, as lawmakers moved to curb young users’ exposure to addictive design and harmful content. Benzinga · Jul 22
The Engineers Who Built AI Are Losing Their Jobs to It: More Than 800,000 Tech Jobs Lost Since 2022 AI advancements are displacing high-earning tech workers, even as industry revenues grow. driving concerns about job security, economic impacts, and the need for workforce reskilling. International Business Times UK · Jul 22
AI tech companies have ‘hidden debt’ worth around $1.65 trillion, report claims — amount is 122% of debt reflected on the balance sheets of Alphabet, Amazon, Meta, Microsoft, and Oracle Five tech giants have $1.65 trillion in data center obligations that are listed off their balance sheets. These liabilities are added as footnotes in their quarterly statements but will become due and payable once these data centers start operating. Tom’s Hardware · Jul 22
I just went hands-on with the new Samsung smart glasses — here’s why I’d pick them over Meta I went hands-on with the new Samsung smart glasses launching this fall from Warby Parker and Gentle Monster and got the scoop on their design, durability, battery life and privacy protections from Samsung EVP James Choi. Tom’s Guide · Jul 22
'If, because of that, we stop innovation, we don’t go anywhere': we got a first look at Samsung Intelligent Eyewear, the smart glasses entering a fraught market worried about privacy TechRadar got a first look at Samsung's new Intelligent Eyewear — its answer to the Meta Smart Glasses — and some insight into how the company approached the big privacy question. TechRadar · Jul 22
Meta to use custom AMD Instinct MI400 accelerators with 144GB of HBM4 for select workloads, report claims — could dramatically reduce cost at the expense of versatility Meta will reportedly use a custom version of AMD's Instinct MI400-series accelerators with a memory system cut to 144GB of HBM4, allegedly for select workloads only. Tom’s Hardware · Jul 22
Meta employees' lawsuit shows that if AI fires you, proving it is the hard part A Meta Platforms lawsuit claims AI tools unfairly targeted employees for layoffs. Workers face difficulties proving AI discrimination due to limited access to internal processes. Arbitration agreements often prevent collective legal action and public scrutiny of workplace disputes. These hurdles explain the scarcity of high-profile AI employment lawsuits. Meta denies… The Economic Times · Jul 22
US Stock Market: Big tech's AI spending boom raises cash flow concerns despite early returns America's biggest technology companies are beginning to generate meaningful AI-driven revenue, but surging infrastructure spending is putting free cash flow under pressure. Reuters' analysis of LSEG estimates shows capital expenditure is expected to outpace free cash flow by 2027, shifting investor focus toward AI monetisation and long-term returns. The Economic Times · Jul 22
Meta’s automated system mistakenly banned CJP spokesperson Saurav Das’ account: Sources Meta has restored the account of Cockroach Janta Party (CJP) spokesperson Saurav Das after it was mistakenly blocked by the company's automated moderation systems, ET has learnt. Sources said the suspension was an error triggered by automation, and the account was reinstated after the issue was identified on Wednesday. The Economic Times · Jul 22
Player One · Jul 22 Meta Horizons+ Subscriptions Now Include Xbox Game Pass Starter Edition—Here's What It Brings Meta Horizons+ subscriptions will now include Xbox Game Pass Starter Edition. What does this mean for gamers and users of Meta Horizons+?
The Economic Times · Jul 22 US lawmakers urge Donald Trump to act against EU tech rules, suggest trade probes In a letter, the lawmakers focused on the European Union's Digital Markets Act aimed at reining in the power of Amazon, Apple, Booking Holdings, TikTok owner ByteDance, Google, Meta Platforms and Microsoft. The lawmakers cited European businesses' unfettered access to the U.S. market as a comparison. The Commission said a…
Windows Central · Jul 21 Microsoft and Meta are teaming up to offer Xbox Game Pass with the Quest VR Horizon+ subscription — Xbox VR controller improvements coming too For all 6 Meta Quest owners reading Windows Central today, Microsoft and Xbox have a new offering for you.
Android Central · Jul 21 Xbox Game Pass joins Meta Horizon Plus, and to be honest, I'm thrilled Meta Horizon Plus welcomes the Xbox Game Pass for its Quest VR users, opening the doors to a huge library of additional games.
MarketBeat · Jul 21 Alphabet Is Planning a New AI Chip. Here's Why It Matters Ahead of Earnings Alphabet is reportedly developing a new AI chip, Frozen v2, to boost Gemini efficiency amid a cloud capacity crunch, ahead of its Q2 earnings report on Wednesday, July 22.
International Business Times UK · Jul 21 Meta Manager Who Built 'Digital Experiences for Kids' Is Charged After Trying to 'Sext' a 13-Year-Old A Meta engineering manager is charged with child endangerment after a vigilante group exposed alleged explicit communications with a decoy posing as a minor.
Tom’s Hardware · Jul 21 Anthropic hit with largest-ever $1.5 billion penalty in copyright lawsuit — court says training AI on published material is fair use, but startup’s pirated library infringes on authors’ rights The settlement was finally approved by a U.S. federal judge, with a majority of the plaintiffs accepting the amount. A few members of the group refused, citing the small amount compared to the number of infringed titles, and are pursuing a separate lawsuit of their own.
Barchart · Jul 21 AMD Is Expected to Unveil New AI Customers. One Detail Matters Most for AMD Stock. AMD's upcoming AI event could reveal whether the company can attract major AI customers on the strength of its chips rather than equity incentives.
GamesRadar · Jul 21 The stage seems set for the Steam Frame's arrival as VR headset shipments are sitting in warehouses, but Valve is apparently still working on its "gamepad mode" The Steam Frame's arrival could be imminent, as shipment manifests show the company preparing to launch. That said, a delay could be seen due to gamepad mode.
The Guardian - US · Jul 21 Headaches for Silicon Valley as China chips away at the US’s lead in the AI race Google’s AI struggles scream trouble as new Chinese models (again) throw US tech dominance into question
The Guardian - US · Jul 21 How AI may drive union-resistant tech workers to the bargaining table Tech workers are increasingly unionizing, trading Silicon Valley’s myth of exceptionalism for collective bargaining to contest the corporate deployment of artificial intelligence