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The Latest Breaking News from Meta

PM celebrates Australian journalism the same day regional news bulletin is cut in half

The government insists the future of regional media is critical to democracy, as nightly news bulletin cut in half.

Newcastle Herald

Meta weighs big equity raising to finance AI infrastructure: FT

The report comes after Alphabet ‌moved to ⁠raise $84.75 billion ⁠in upsized equity offerings, as Big Tech competes to build data centers and capitalize on growing demand for AI.

The Economic Times

Fifa expanding AI use at World Cup to reduce amount of abuse seen by players

Fifa will expand the use of AI at the World Cup to reduce the amount of abusive messages that teams and players are exposed to on social media

The Guardian - UK

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Anthropic's bizarre call for everyone to slow down on AI is a pipe dream — here's why that will never happen

Anthropic's fears about recursive development are well-founded, but its idea for how to control it is laughable.

TechRadar

Meta’s smart glasses feature hidden surveillance code within its app

Facial recognition software can identify people you look at, but it’s yet to be activated

The Independent UK

Broadcom’s AI Backlog Is Becoming Too Big to Ignore. Here’s Why AVGO Is a Buy Now.

If Broadcom's earnings were so strong, why did the stock crash?

Barchart

Amazon, Apple and Meta Donated Millions to Trump's Ballroom Before Their Federal Investigations Were Quietly Dropped

A Public Citizen report says donors to Trump's White House ballroom project received billions in federal contracts, raising conflict-of-interest concerns.

International Business Times UK

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Meta putting up tents across the US to house AI servers, like ‘a scene out of the movie Mad Max’ — structures take three months to build and use jet engines for power

Meta is reportedly building more tents that house expensive data centers across the U.S., as it reportedly cuts construction time from two to three years to just a few months. It's also bringing its own power instead of relying on electricity from the grid.

Tom’s Hardware

‘Let it be their undoing’: Instagram Plus is rolling out globally, and users aren’t happy about the idea of paying for an app that’s always been free

Instagram Plus bulks up the app with numerous new and improved features for those prepared to pay, and early reactions haven't been positive.

TechRadar

Modders are turning Meta Ray-Bans into spy glasses — it’s not cool, it’s creepy, and I hate it

I love my Ray-Ban smart glasses, but creeps are disabling a major safety feature, and now I’m worried they’ll get banned.

TechRadar

‘Big Tech is desperate’: Amazon engineers are calling out the tech giant for its $200 billion in data center spending after slashing 30,000 workers

A group of Amazon employees spoke out against unfettered AI infrastructure expansion at a Seattle Land Use and Sustainability Committee hearing this week.

Fortune

Tech companies invoke possibility of Trump’s wrath in fight against Labor’s media laws

Tech giants claim Australia’s free trade agreement with US will be violated as they try to kill a proposal to force them to pay news companies

The Guardian - AU

Thai watchdog to sue Meta over Facebook scam ads targeting users

In previous cases, the company has said it invests in measures to detect and remove scam content and works with regulators and law enforcement to combat misuse of its platforms.

The Economic Times

Meta AI chief sees opportunity in models’ giving health advice

The 29-year-old founder of data-labeling startup Scale AI joined Meta after Chief Executive Officer Mark Zuckerberg overhauled his company’s AI efforts, including through a $14 billion investment in Scale that was widely viewed as a bid to recruit Wang.

The Economic Times

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Barchart

Snowflake Stock Jumps Over 40% on Strong Earnings and Amazon Deal. Its AI Strategy Is at an Inflection Point.

Snowflake delivered a blockbuster quarter, and SNOW stock is rallying higher. Here's why this data cloud giant is becoming one of the most compelling AI plays in the market right now.

Barchart

Shocking Math: How Nvidia Generates $1 Million of Revenue Every 129 Seconds

There's an insane claim doing the rounds on social media that Nvidia now earns $1 million every 129 seconds. If you really examine the numbers, it looks like that might actually be a conservative estimate.

Barchart

How Dell’s Hardware Boom Will Resurrect Meta Platforms Stock

Dell’s record earnings prove that the corporate AI hardware buildout is finally in full swing. As new localized data centers plug in, they will inevitably need open-source "brains" to protect corporate data, making Meta's Llama the default and setting up META stock for a long-term breakout.

TechRadar

Meta AI's recent hack is a terrifying wake-up call for anyone who puts their trust in AI systems

AI is now so human it can fall victim to social engineering — and I wonder if we should ever trust AI enough to keep our information safe.

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news in one place.

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Android Central

Meta killed its most popular workout app, but Supernatural is coming back, and this time Meta isn't in charge

Supernatural has been the biggest VR workout app since its 2020 launch, and its original founders are bringing it back from the dead after Meta's big betrayal.

The Independent UK

I’ve worn Ray-Ban Meta’s smart glasses for weeks – here’s my verdict

The latest Meta eyewear can record in 3K and has a much longer battery life

Barchart

Broadcom’s Q2 Results Brings Fails to Bring Optimism to AVGO Stock. Options Data Predicted It.

Broadcom reported a double beat in its latest quarterly results.

Barchart

As AI Semiconductor Revenue Swells, AVGO Stock is Destined to Trend Higher

Broadcom delivered Q2 earnings beat and provided an optimistic Q3 guidance.

International Business Times

OpenAI's Sam Altman Says AI Costs Have Become a 'Huge Issue' For Companies

OpenAI CEO Sam Altman said AI spending has become a "huge issue" for companies.

The Independent UK

Meta agrees to let employees take 30-minute breaks from ‘dystopian’ tracking software

IN FULL

TechRadar

'We have heard your concerns': Meta workers can request pauses in computer activity tracking, but only in temporary, half-hour increments

Workers can ask Meta to pause monitoring software, but only if they think the data on screen should be hidden.

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