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The Latest Breaking News from Meta

The Broadcom Stock Paradox: Why a $2 Trillion Valuation Ignores the Base Economics of Custom Chips

Broadcom's nearly $2 trillion valuation is built on a dangerous misconception. While the market prices the company like a high-margin product monopoly similar to NVIDIA, its custom AI chip business may dilute overall profitability as the segment grows.

Barchart

Managers Who Survived Meta's Massive AI Layoff Forced to Switch to Individual Contributor Roles

Meta's recent restructuring sees engineering managers reassigned to technical roles amid AI-focused job cuts, raising fears on career progression.

International Business Times UK

The Smart Glasses Gold Rush Is Leaving Old-School Eyewear Behind

Alphabet and Samsung's entry into smart glasses signals a hardware supercycle, challenging Meta's early market lead with EssilorLuxottica.

MarketBeat

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Cyber police probe live-sex livestream on Facebook

Cyber police are investigating the source of a URL linked to a social media livestream featuring obscene content, while warning that people who like or share such material could also face legal action.

Bangkok Post

BofA says you'll be 10x more productive with AI. Ignore the 0.1% result so far

The bank sees a productivity boom and an implementation gap. Here's the argument for why it will close — and why the bubble may pop before that.

Fortune

Instagram's new 'instants' feature is driving users crazy. Here's how to disable it

Learn how to snooze Instagram's 'instants', the latest feature by Meta that literally no one asked for.

Tom’s Guide

Ex-Meta employee shares viral post claiming non-Chinese workers felt targeted during mass layoffs

Meta Layoffs: A former Meta engineer has detailed feelings of social and professional isolation within certain teams, claiming non-Chinese employees were excluded due to colleagues predominantly speaking Mandarin. He contrasted this with a positive experience in South Korea, where English was used to include him. The engineer emphasized he is…

The Economic Times

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Designer sues Australian Shopify over alleged ghost stores he claims copied his work 3,929 times

Court action represents rare attempt to hold global platforms to account for allegedly hosting scam digital shopfronts

The Guardian - AU

I protect my privacy while using Meta smart glasses with these 3 settings — and you can too

Meta isn't exactly known for being the most protective of user data, but you can keep yours safe with three simple settings.

Android Central

Can Google and Samsung redefine smart eyewear with Android XR, or will history repeat with a new generation of 'Glassholes'?

Samsung's Android XR glasses are launching later this year, but let's hope Google can avoid another 'Glassholes' moment.

Android Central

Europe races Meta and Japan to launch first Petabit-class submarine cable before 2030 as AI demand explodes

IOEMA-1 advances Northern European subsea cable development while Japan and Meta explore high-capacity systems for global internet expansion.

TechRadar

AI cost crisis hits tech giants as employee 'tokenmaxxing' backfires, sparking corporate pullback at Microsoft, Meta, and Amazon — agentic AI eats up to 1000x more tokens than standard AI

Agentic AI is consuming so many tokens that it's draining AI budgets way faster than expected. Jevons Paradox rings true 161 years after it was coined.

Tom’s Hardware

Meta 'Forum' App Targets Reddit: Pseudonyms Hide Nothing From Group Admins

Meta launched a new app called Forum, and it emulates Reddit to give Facebook Groups a dedicated platform.

International Business Times

Who killed US President Donald Trump's AI order? Musk says it wasn't him

President Donald Trump's executive order on powerful AI models has collapsed. Allies in Silicon Valley reportedly convinced the president to pull the plug. The order aimed to implement new AI cybersecurity measures. This development highlights Washington's struggle to agree on AI guardrails. The United States lags behind Europe and Asia…

The Economic Times

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The Economic Times

Quote of the Day by Mark Zuckerberg amid Meta layoffs: "People don't care about what you say, they care about..."

Quote of the Day by Mark Zuckerberg: Meta CEO Mark Zuckerberg's quote, 'People don't care about what you say, they care about what you build,' gains prominence. This comes as Meta initiates significant layoffs. The company's aggressive pivot towards AI highlights the importance of tangible creation and measurable results. Employees…

International Business Times

Meta Settles Closely Watched Youth Mental Health Lawsuit With Kentucky District

Meta has reached a settlement with a Kentucky school district that accused the company and other major social media platforms of contributing to a youth mental health crisis through addictive product design.

Tom’s Hardware

Meta data center allegedly muddies Georgia town's drinking water, investigation underway — EPA promises immediate investigation after congresswoman brings dirty jars of water to hearing

Morgan County residents are complaining about dirty water coming out of their faucets ever since Meta began constructing a data center near the area.

The Guardian - UK

Meta and Snapchat blocking Saudi dissidents’ accounts

US social media firms acting on orders from Middle East kingdom accused of being ‘instruments of repression’

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International Business Times UK

Mark Cuban Says AI Won't Replace Most People — It Will Change What Entry-Level Jobs Look Like

Mark Cuban argues that AI will transform job structures rather than eliminate them, suggesting a future in which human oversight remains crucial despite advances in automation.

The Independent UK

Trump cancels AI executive order over China fears

US president calls off plan to add safety guardrails amid pressure from Elon Musk and Mark Zuckerberg

Whats Hot

Meta Layoffs and Zuckerberg’s Reported “Beach Water Person” Job Sparks Debate

On May 20, Meta, the parent company owned by Mark Zuckerberg, announced another significant round of global workforce reductions, impacting roughly 10% of its employees in the first major wave. Alongside the layoffs, the company also stated that approximately 7,000 employees would be reassigned to new artificial intelligence-focused initiatives as…

The Independent UK

Social media giants settle claims they fueled kids’ anxiety crisis

IN FULL

The Economic Times

‘She helped build the AI that replaced her’: Viral Meta layoff post sparks fear over future of white-collar jobs

Meta layoffs: Meta's recent 8,000 job cuts coincide with a significant shift of over 7,000 employees to AI roles. A viral post alleges employees were first tasked with building internal AI tools before layoffs, sparking widespread concern about AI replacing white-collar jobs. This development highlights growing anxieties across various professional…

The Guardian - US

Meta settles major social media addiction lawsuit with school district

Kentucky is one of about 1,200 school districts across the US that have each sued Meta, TikTok, Snap and YouTube

The Texas Tribune

WhatsApp, Meta can access Texans’ private messages, AG Ken Paxton claims in lawsuit

The attorney general’s office argues WhatsApp and parent company Meta are deceiving users by claiming the companies can’t view their encrypted messages.

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