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The Latest Breaking News from Meta

Antler CEO Magnus Grimeland says Silicon Valley doesn't have a monopoly on tech: 'People can innovate from almost anywhere'

Antler positions itself as a “day zero” investor, meaning it backs founders from the very start, before they’ve even started building their businesses.

Fortune

Massive Layoffs at Meta Platforms Are Now Underway. What That Means for META Stock.

Meta Platforms is beginning a multi-batch layoff program on May 20, 2026, expected to initially affect about 10% of its workforce, as the company accelerates its pivot toward AI, robotics, and massive infrastructure spending of $125–145 billion in 2026.

Barchart

Meta chops 8,000 in May layoff spree, and it's only getting worse

Reports say Meta has axed 8,000 employees this week, and it looks like the company really wants AI by this point.

Android Central

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Digital bottleneck: How Iran wants to use internet access as leverage in the war

Tehran is floating the idea of charging the world’s largest tech companies – including Google, Meta, Microsoft and Amazon – for using the undersea internet cables crossing the Strait of Hormuz in a new attempt to exploit its control over the critical waterway to ratchet up economic pressure on the…

France 24

The one number that will actually move Nvidia's stock Wednesday night

A beat is almost a given—Nvidia has beaten expectations 21 of the last 23 quarters. Whether the stock rallies or falls depends on a number below the fold.

Fortune

Google's AI Makeover, Return of Smart Glasses Could Signal the End of Traditional Browsing as We Know It

Google announced the return of its smart glasses at its annual product conference, with early reactions to the revived wearable technology largely positive.

International Business Times UK

Meta CEO tells employees he does not expect more company-wide layoffs this year

He made the announcement on the same day the Facebook owner carried out a far-reaching restructuring of ‌the company, laying off 10% of its workforce ⁠globally and transferring 7,000 other employees to new AI-related teams.

The Economic Times

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Google's AI glasses are here – except they aren't

Android XR's roll-out creeps closer

Nykaa seeks to include Meta in music copyright fight with Zee

Zee Entertainment has sued Nykaa for allegedly using its copyrighted songs in Instagram reels to promote its products, seeking $210,000 in damages, Reuters reported this month.

The Economic Times

Steven Soderbergh’s AI-assisted John Lennon documentary is already dividing Cannes — and some critics say the visuals overwhelmed the emotion

Steven Soderbergh’s AI-assisted John Lennon documentary has turned into one of Cannes’ biggest controversies.

TechRadar

Meta Layoffs 2026: Why Zuckerberg's AI bet is eliminating 7,900 jobs — and what it means for every tech worker

Meta layoffs 2026 hit Silicon Valley hard as nearly 10% workforce reduction begins at Meta Platforms amid rising AI restructuring and cost pressure. Reports show employees were told to work remotely as job cuts roll out in waves. Led by Mark Zuckerberg, the company is shifting toward lean teams, faster…

The Economic Times

CEOs are getting ruthless about worker performance

Corporate leaders are increasingly prioritizing results over employee comfort, with CEOs like Unilever's Fernando Fernandez demanding "volume growth, positive mix, consistent growth margin expansion." This shift towards "performance cultures" involves tougher accountability, potential layoffs, and a focus on tangible outcomes, signaling a departure from the more empathetic approach of the…

The Economic Times

British Land H2 Earnings Call Highlights

British Land (LON:BLND) said strong leasing momentum across its London campuses and retail parks is supporting earnings growth, as executives pointed to tight supply, resilient occupier demand and active asset management as key drivers of performance. Chief Executive Simon Carter told investors tha

MarketBeat

6-year-old boy finds ‘rusty metal’ on Norway school trip; it turns out to be 1,300-year-old pre-Viking sword

A six-year-old boy in Norway discovered a 1,300-year-old pre-Viking sword during a school trip. The rare single-edged weapon, found in a ploughed field, is now being studied at the Museum of Cultural History in Oslo. This significant find offers insights into life in Norway before the Viking Age.

The Economic Times

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Tom’s Guide

I tested Google’s “Intelligent Eyewear,” and found the smart glasses that will defeat Ray-Ban Meta

I went eyes-on with Google’s Intelligent Eyewear at I/O. With Warby Parker styles and Gemini Live conversation, these Android XR glasses are ready to beat Meta.

The Economic Times

Tech leaders favoured by hedge funds last month: Hazeltree report

Hedge funds maintained their focus on companies with strong fundamentals in April, particularly in technology and semiconductors, as the S&P 500 saw a significant jump. Meta and another unnamed mega-cap stock experienced increased fund holdings, while Nvidia, despite a slight decline, remained a top semiconductor pick.

International Business Times UK

Meta First Asked Employees to Work From Home — Then Sent Cold Layoff Emails at 4 AM: Internal Memo Leaked

Meta began cutting 8,000 jobs on 20 May, sending termination emails at 4 a.m. in Singapore. A leaked memo ties the layoffs to its $145 billion AI pivot.

The Economic Times

LinkedIn layoffs: Over 600 employees to lose jobs as company restructures operations

LinkedIn has laid off 606 employees, impacting roles across marketing, engineering, and product. This restructuring, aimed at creating agile teams and boosting AI infrastructure, follows CEO Daniel Shapero's call to 'reinvent how we work.' The cuts occur amidst broader tech industry shifts and parent Microsoft's own workforce adjustments.

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The Economic Times

Meta told employees to work from home, then sent 4 am layoff emails to US staff, leaked memo reads: 'We’re now at the stage where...'

Meta Layoffs: Meta has laid off approximately 8,000 employees globally, with many receiving termination emails early Wednesday. This move is part of a significant restructuring to prioritize AI development, reassigning thousands to AI-focused teams. Severance packages are being offered, but further cuts are anticipated as the company invests heavily in…

AAP

Zithara.AI Forays into Australia

SYDNEY, May 20, 2026 /PRNewswire/ -- Zithara.AI, an AI first consumer intelligence platform build for B2C Brands (Retail, D2C, real-estate, automobile, consumer internet etc.) announced its strategic entry into the Australian market with the onboarding of Ernesto Buono Fine Jewellery , as its first customer in the region. The expansion…

Tom’s Guide

Meta has five months to fix these 3 things before its Ray-Bans get smoked by Google's Intelligent Eyewear

Based on what I saw from the Google I/O presentation, Meta needs to add these three things to its smart glasses before Intelligent Eyewear launches this fall.

International Business Times UK

Meta Layoffs: 1 In 10 Workers Face Axe as Zuckerberg Launches Massive Jobs Cull

Meta plans to cut 10% of its workforce, leaving employees in a month-long state of uncertainty. The layoffs, affecting thousands, highlight the challenges in the tech job market.

The Economic Times

Google unveils smart glasses, taking on Meta

Google is re-entering the smart glasses market with new audio glasses featuring a microphone, camera, and speaker, allowing calls, music, photos, and AI interaction. These glasses, designed in collaboration with Warby Parker and Gentle Monster, aim to overcome past privacy concerns and compete with Meta's established offerings.

The Economic Times

Meta begins 8,000 global job cuts in Asian hub of Singapore

Meta Platforms is laying off approximately 8,000 employees globally as part of a restructuring to boost efficiency and reduce costs, while simultaneously investing heavily in artificial intelligence. This latest round of cuts primarily impacts engineering and product teams, with some workers are being reassigned to new AI-focused initiatives.

The Economic Times

Sacked H-1B staff asked to do more B-2 paperwork

Tech giants such as Amazon, Oracle, and Meta have laid off thousands of employees in the past few months, and a large number of the affected people are estimated to be from India on H-1B visas. The visa rules give them 60 days to find new employment, or they must…

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