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The Latest Breaking News from Meta

Meta’s $2bn deal to buy AI startup Manus is blocked by China

IN FULL

The Independent UK

Meta Platforms Earnings Preview: What to Watch in Q1 2026 Report

Meta Platforms will soon report its Q1 2026 financial results. As the company looks to post its highest growth in years, these are the factors to watch.

MarketBeat

Option Volatility and Earnings Report for April 27 – May 1

It’s a mammoth week of earnings with loads of big names due to report this week. We have Amazon, Apple, Microsoft, Meta Platforms, Alphabet, Robinhood Markets and Caterpillar all reporting in what shapes as a busy and pivotal week for stocks.

Barchart

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China blocks $2bn Meta takeover of AI agent developer Manus

Beijing says domestic tech companies must seek explicit government approval for accepting US investment

The Guardian - UK

China blocks Meta from acquiring AI startup Manus

China has banned a planned acquisition of the AI startup Manus following a probe into Meta’s planned purchase of the firm

The Independent UK

Brianna Ghey’s mother ‘devastated’ Keir Starmer met tech bosses before families campaigning for online safety

Esther Ghey says she hoped that she and other families would be the PM’s priority

The Independent UK

Two thirds of Australian teens still using social media despite under-16s ban

Most children still using restricted platforms say it’s ‘easy’ to circumvent ban

The Independent UK

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Mega-Cap Earnings, FOMC and Other Key Things to Watch this Week

Markets enter a pivotal week with key Mega-Cap earnings and Fed policy the main tings to watch along with any news from Iran.

Barchart

The Tech Purge: Why Nike Is Cutting 1,400 More Jobs Despite Their New 'Win Now' Promise

Nike is cutting around 1,400 jobs worldwide, mostly in its technology ranks, as part of a 'Win Now' turnaround push under CEO Elliott Hill.

International Business Times UK

Follow the Flow: 3 Stocks Absorbing the Market's Biggest Rotation

Larry Benedict identifies NVIDIA, D.R. Horton, and Oracle as top rotation targets as market volatility drives institutional money into Mag 7, housing, and software sectors.

MarketBeat

'You feel radicalized': A Meta AI exec watched agents beat her top workers. Now she's built a nonprofit to help Gen Z find jobs before they disappear

Gen Z is facing AI-driven layoffs and fewer entry-level jobs. Former Meta and Salesforce AI head Clara Shih says young workers can future-proof their careers by learning how to use AI agents.

Fortune

Is AI Replacing Tech Jobs in 2026? Here's What the Meta and Microsoft Cuts Mean

Meta and Microsoft are cutting over 20,000 jobs, citing AI efficiency. This reflects a broader trend of tech layoffs and restructuring amid AI advancements.

International Business Times UK

Meta Platforms Will Close 6,000 Open Positions in Addition to Major Layoffs as META Stock Investors Worry That AI Spend Is Just Too Much

Meta has tightened hiring and reduced its workforce while accelerating AI investments, prompting investors to weigh rising costs against future returns.

Barchart

Utility giant Duke Energy plans to spend industry record $103 billion on growth as data centers and affordability take center stage

Amazon, Microsoft, Google, and Meta are all expanding in the Duke service footprint.

Fortune

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The Independent UK

AI smart glasses will help visually impaired runners take on the London Marathon

Visually impaired runners in London are using AI powered smart glasses to support marathon training and everyday life

International Business Times UK

Intel's 20% Explosion: Why 'AI Agents' Just Saved the Most Famous Chipmaker in History

Intel's stock surged over 25% following strong earnings and AI-driven growth, surpassing Wall Street expectations. The company anticipates continued revenue growth despite ongoing chip shortages.

Barchart

AMD Stock Just Hit Yet Another All-Time High. It Can Thank Intel for Making the CPU Relevant Again.

AMD stock just surged above $340 as Intel leads a broad-based rally in chip stocks.

Barchart

Michael Burry Takes a Break from Warning on Hyperscalers to Buy Microsoft Stock, Signaling Shares Are Too Cheap to Ignore

Burry’s Microsoft purchase sits alongside newly initiated positions in PayPal and planned positions in Salesforce and MSCI, all of which share a common thread: established companies with deep competitive moats trading at significant discounts to recent highs.

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news in one place.

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Fortune

Meta executive says he gets stressed only five times a year and that it’s actually ‘a useful signal’

Meta chief technology officer Andrew Bosworth says being busy with important matters on the table is his stress “trigger”: He calms down with exercise and deep breathing.

Fortune

Gen Alpha can't write emails to grandma without ChatGPT. It's time for a 'Digital Harm Tax'

I nearly lost my own life to social media. Phone bans and lawsuits aren't enough.

Evening Standard

Risk of ‘significant upheaval’ in jobs market, Irish premier warns

It comes as Meta said it plans to cut around 10% of its global workforce.

The Guardian - US

‘Superhighways for child sexual abuse’: California lawmakers seek tougher rules for big tech

Online exploitation ‘inflicting profound trauma on a staggering number of children’, Democrats say

The Conversation

You probably wouldn’t notice if an AI chatbot slipped ads into its responses

Hundreds of millions of people consult artificial intelligence chatbots on a daily basis for everything from product recommendations to romance, making them a tempting audience to target with potentially below-the-radar advertising. Indeed, our research suggests AI chatbots could easily be used for covert advertising to manipulate their human users.

The Guardian - UK

First Thing: Microsoft and Meta cut thousands of staff as they bet big on AI

Meta to lay off 10% of its staff and Microsoft to offer retirement to 7% of US workforce. Plus, Iron Maiden at 50

Barchart

As Meta Platforms Preps to Lay Off 10% of Its Staff, Should You Buy, Sell, or Hold META Stock?

Meta’s layoffs reflect efficiency, not distress, but expensive AI bets and pricing leave limited margin for error.

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