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The Latest Breaking News from Meta

A Journalism Tax Is a New Front in Australia's War on American Tech

A new bill would compel Meta, Google, and TikTok to pay for Australian journalism.

Reason

Florida cancer patient heartbroken after discovering support puppy she bought during treatment was a scam

Danielle Garcia-Culp

The Independent UK

Tesla's former HR chief: the AI layoff panic Is built on a false premise—here's what most workers need to know

The hyperscaler math driving cuts at Meta and Microsoft does not apply to the companies where most Americans actually work.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Zuckerberg blames Meta layoffs on AI costs, says “compute and infrastructure” and “people oriented things” are biggest financial drain right now

Meta's capex rises as the company spends big on AI data centers, and it's having to reduce headcount to become more agile.

TechRadar

Meta Cuts Off 1,000 Kenyan Contractors After They Reportedly Saw People Have Sex on Ray-Ban Glasses

Meta has terminated its contract with a Kenyan firm after reports of privacy breaches involving Ray-Ban smart glasses footage, raising concerns about data handling and AI training practices.

International Business Times UK

Mark Zuckerberg says Meta is cutting 8,000 jobs to pay for AI infrastructure — insatiable compute demand means the company can't rule out further headcount reductions

Meta spent $72.2 billion on capex in all of 2025. The midpoint of its new 2026 guidance would nearly double that figure in a single year.

Tom’s Hardware

Top tech of the month: the best new gadgets we've tested for May 2026

Including a 'fantastic' OLED TV, and some five-star speakers that are 'crystal clear, fathoms deep and sound at least twice their size'.

TechRadar

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Meta wants to spend more even after it lost $80 billion on the Metaverse and over 20 million users

Meta increased its capital spending by $10 billion because it “continued to underestimate” its compute needs, said its CFO.

Fortune

Making tech giants pay for news was a success the first time around. It can be done again

With the release this week of the government’s News Bargaining Incentive, it’s worth reconsidering the origins and achievements of its predecessor, the News Media Bargaining Code.

The Conversation

Meta raises raises specter of shutting down service to New Mexico in legal clash over child safety

The social media conglomerate Meta is raising the prospect of shutting down social media services in New Mexico in response to a push by state prosecutors for fundamental changes to platforms including Instagram to protect the mental health and safety of children

The Independent UK

Meta’s threat to quit New Mexico ‘is showing the world how little it cares about child safety,’ AG says

On May 4, Meta and New Mexico square off in court over injunctive relief requested by the NM Attorney General.

Fortune

Meta threatens to shut down social networks in New Mexico over child safety court case

Company asserts in court filing that the state’s proposed remedies would be too onerous to comply with

The Guardian - US

Stocks Reach New Record As Nasdaq Composite Climbs Over 15% In April

Stocks reached a new record on Thursday, with the tech-heavy Nasdaq Composite also seeing its biggest monthly gain since April 2020.

International Business Times

China Just Blocked Meta’s $2 Billion Acquisition of Manus. Why Does It Seem Like Investors Don’t Care?

China put a stop to the Manus acquisition, but investors appear more focused on Meta's advertising strength, AI spending capacity, and capex guidance.

Barchart

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Reason

China Blocks Tech Acquisitions To Weaken America. The U.S. Shouldn't Follow Suit.

China ordered Meta to roll back its acquisition of AI startup Manus on Monday.

Barchart

Meta Stock Drops on Capex Increase. Should You Buy the Dip?

Meta shares sink as capex guidance dampens a strong Q1 earnings beat. JPMorgan downgrades META stock to “Neutral” due to rising capital expenditures.

Kiplinger

Dow Adds 790 Points on Caterpillar Earnings: Stock Market Today

The Dow, S&P 500 and Nasdaq closed out April with impressive gains on strong earnings from Google parent Alphabet and economic bellwether Caterpillar.

Fortune

Big Tech is about to spend $700 billion on AI this year. No one knows where the buildout ends.

The hyperscalers are pouring unprecedented capital into chips, data centers, and power—but investors remain split on how long the surge can last.

Get all your
news in one place.

100's of premium titles.
One news app.

International Business Times

Meta Stock Slides As JPMorgan Downgrade Highlights Mounting AI Spending Risks

Meta Platforms is facing fresh skepticism on Wall Street after a major downgrade flagged concerns over the company's ability to generate meaningful returns from its escalating artificial intelligence investments.

Barchart

Stocks Rally as Nasdaq 100 Posts a New Record High on Tech Earnings

The S&P 500 Index ($SPX ) (SPY ) today is up +0.39%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.17%. June E-mini S&P futures (ESM26 ) are up +0.35%, and June E-mini Nasdaq futures...

Barchart

Broadcom Just Reached a 3-Year AI Chip Deal with Meta. Does That Make AVGO Stock a Buy?

Broadcom’s long-term Meta deal signals strong demand, but investors face a premium entry point.

MarketBeat

Meta Posted Its Best Sales Growth Since 2021—So Why Did Shares Fall?

Meta posted robust beats during Q1 2026, but this wasn't enough to overcome increased spending forecasts and a lack of clarity around AI products.

International Business Times

Buy or Sell Meta Stock in 2026? Wall Street Bullish on AI Surge and Ad Recovery

Meta Platforms Inc. stock has delivered strong gains in 2026, leaving investors debating whether to buy more shares or lock in profits as the company bets heavily on artificial intelligence while its core advertising business continues to rebound.

Barchart

Stocks See Support from Lower Crude Prices, While Mega-Cap Tech Earnings are Mixed

The S&P 500 Index ($SPX ) (SPY ) today is up +0.08%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.73%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.18%. June E-mini S&P futures (ESM26 ) are up +0.11%, and June E-mini Nasdaq futures...

The Guardian - UK

Careless People by Sarah Wynn-Williams audiobook review – the insider story that Meta tried to stifle

The author reads her account of her time as a senior executive at Facebook with a mixture of dark humour and astonishment at the working culture in which she finds herself

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People

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