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The Latest Breaking News from Meta

Five giant hyperscalers—and Nvidia—share a surprising trait: female CFOs

How female finance chiefs rose to the top at the most consequential moment for AI spending.

Fortune

AI rally: SK Hynix, Micron Technology join trillion-dollar club; Taiwan bourse overtakes India in market value

The AI boom is fueling a surge in chipmakers like SK Hynix, Samsung, and Micron, pushing them into the $1 trillion market-cap club. This global tech rally has propelled Taiwan past India in market value, highlighting the dominance of AI-driven semiconductor giants.

The Economic Times

Meta layoffs hit India; Local VCs eye Wispr Flow funding

Happy Wednesday! Tech major Meta has quietly axed a dozen India roles as part of its latest global AI-era reset. This and more in today's ETtech Morning Dispatch.

The Economic Times

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Stop Looking at Earnings: The Real Threat to AI Stocks Is the Collapse of Compute Prices

The real threat to the tech sector isn't a lack of AI ideas, but a classic economic shock. The overproduction of computing power.

Barchart

Supreme Court rejects Meta's appeal in Vermont social media addiction case

The Supreme Court has rejected a push to avoid a lawsuit alleging Facebook and Instagram harmed young users, a decision that comes as social-media companies increasingly face legal scrutiny

The Independent UK

1 Mega-Cap Tech Stock With 35% Upside Just Dropped a Reddit-Like App

Meta’s soaring AI spending has pressured shares, but analysts believe long-term monetization opportunities remain significant.

Barchart

Chinese AI experts in private firms now required to secure approval before international travel — Beijing enforces policy to secure top-tier talent, expands measures beyond government

The Chinese government has imposed travel restrictions on key AI experts, requiring them to secure an approval before they can leave the country. Beijing is reportedly doing this to secure talent, which it now considers as a strategic resource, as it competes with the U.S. to gain supremacy in artificial…

Tom’s Hardware

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US Supreme Court declined to hear Meta's challenge to Vermont social media addiction lawsuit

The US Supreme Court has refused to hear Meta's appeal. This allows a lawsuit against Meta's Instagram to proceed. Vermont's attorney general claims the app is designed to be addictive for young users. This is part of a larger trend of lawsuits targeting social media companies. Meta faces increasing legal…

The Economic Times

Meta CEO Mark Zuckerberg makes two promises after 8,000 layoffs, one on future job cuts

Meta CEO Mark Zuckerberg has assured employees that there will be no more company-wide layoffs this year following a major restructuring that affected around 8,000 workers. The announcement comes after widespread job cuts linked to Meta’s increased investment in artificial intelligence. Zuckerberg also acknowledged shortcomings in communication during the process,…

The Economic Times

Mumbai executive reveals adult website ad experiment after Meta ads became expensive

A Mumbai marketing executive has revealed that his company experimented with running advertisements on adult websites after rising costs on Meta platforms. While the ads delivered strong impressions and clicks at a fraction of the price, initial conversions were low. A later shift in product positioning based on user timing…

The Economic Times

Meta Layoffs 2026: Mark Zuckerberg May Have Given The Best Severance Package For The 8,000 Employees Fired Recently

Meta is laying off 8,000 employees globally as it restructures to focus on AI. The company offers generous severance packages amid concerns over AI reliance.

International Business Times UK

‘A tsunami of harm’: views on tackling online safety for under-16s in the UK

Campaigners, teenagers, legislators and experts give their opinions on the government’s social media consultation

The Guardian - UK

ETtech Explainer: Everything to know about Meta’s Forum and Instants apps

Forum is Facebook Groups reimagined as a Reddit-style discussion platform with AI-powered search and recommendations, while Instants turns Instagram into a more spontaneous, Snapchat and BeReal-like space for ephemeral photo sharing.

The Economic Times

3 Reasons Why Nebius Stock Is Reaching New Highs

Nebius stock is soaring as the company aggressively expands its AI cloud empire.

Barchart

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MarketBeat

SpaceX Gets the Attention, But These 4 Stocks Could Get the Returns

InvestorPlace's Luke Lango argues the SpaceX IPO signals a broader AI empire play, naming RDW, HSAI, ARM, and CRWV as his top positioned stocks.

Newslaundry

Video on people displaced for Vizag Google data centre blocked by Meta after govt notice

Environmental Reporting Collective (ERC)—an international network of journalists —has issued a statement against Meta, the parent company of Instagram, for reportedly restricting their video story in India, which addressed the forced displacement of Dalits in Andhra Pradesh’s Visakhapatnam to accommodate a Google data centre, without offering any clarification.

International Business Times UK

Leaked Video Shows Departing Meta Engineer Mocking AI Layoff Culture in Viral 'American Pie' Parody Farewell

Meta's AI-driven layoffs led to a creative farewell from David Frenk, who used a parody video to critique the company's shift, highlighting the impact on human workers.

International Business Times UK

'Axe Everybody, Rehire Where There's Pain': Ex-Meta Employee Rejects Job Offer, Calls Layoff Culture 'Unbelievably Toxic'

Former Meta engineer Zach Wilson's viral post exposes how the company pursued him for a role while cutting 8,000 jobs during its $145 billion AI pivot.

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news in one place.

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International Business Times UK

Did Meta Target Non-Chinese Workers in Mass Layoffs? Ex-Engineer Makes Explosive Discrimination Claims

Meta's recent layoffs, linked to its AI transition, have sparked controversy with allegations of racial discrimination. A former employee claims non-Chinese workers were disproportionately affected.

Bangkok Post

Minister doubts Meta’s explanation for sex videos spread on Facebook

Digital Economy and Society Minister Chaichanok Chidchob doubts Meta's algorithm excuse for the prolonged and repeated dissemination of sex videos on Facebook over the weekend.

AAP

MP's messaging account hacked by 'foreign state actor'

Foreign government-sponsored hackers are targeting Australian parliamentarians in what has been described as "a genuine global issue".

Evening Standard

Big tech earning £200k per person from data of each internet user in UK, report finds

Amazon, Microsoft, Meta and Alphabet extract up to £1,000 annually from a single user’s personal data, according to the report

Barchart

Wall Street Is Warming Back Up to CoreWeave Stock. Long-Term Demand Is Helping.

The firm expects the company to reach profitability by 2028.

The Economic Times

Meta layoffs: ‘I asked to be laid off’ during company-wide 8,000 job cuts, says ex-employee

A former Meta employee voluntarily sought to be part of recent layoffs. Her personal career goals no longer matched the company's direction. She had worked at Meta for six years. The company is undergoing restructuring and focusing on artificial intelligence. She learned AI tools but believes worker protections need collective…

The Times of India

'AI impact on Indians abroad is highest': How H-1B workers are struggling after Meta, Amazon layoffs

For thousands of Indian tech workers in US, losing a job now means more than just unemployment. It can also trigger a 60-day countdown that may decide whether they can continue living in the country with their families.

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