Meta is rumored to be working on an AI pendant, and smart glasses different to what we've seen before We've got a couple of Meta hardware rumors to sort through, and AI is of course central to them. TechRadar · May 31
'Insane bubble and bigger than 1999': Zoho founder Sridhar Vembu has a scary warning about the future of AI Zoho founder Sridhar Vembu warns of a potential market bubble driven by AI enthusiasm, citing high price-to-sales ratios for tech giants like Nvidia, Apple, and Microsoft. He argues these valuations are disconnected from fundamentals, drawing parallels to the dot-com era and suggesting the current bubble could be even larger. The Economic Times · May 31
Meta Platforms Investors Reject Proposals as Zuckerberg Bets Big on AI Meta Platforms (NASDAQ:META) shareholders rejected a slate of outside investor proposals at the company’s 2026 annual meeting, while Chairman and CEO Mark Zuckerberg outlined what he described as four major opportunities tied to artificial intelligence: improving Meta’s core apps and advertising, pe MarketBeat · May 31
AI Hyperscalers Are Taking on Debt, But the Broader Market Looks More Leveraged Despite ramping up debt to fund massive AI investments, hyperscalers still carry lower net leverage than the broader S&P 500. Barchart · May 30
As part of her Citi turnaround, Jane Fraser cut management layers from 13 to 8. But the ‘great flattening’ doesn’t always work as intended From Meta's 50-to-1 reporting ratios to Coinbase's latest layoffs, CEOs are racing to flatten their org charts. The results aren't always what they expect. Fortune · May 30
Is the AI Bet Starting to Crack? Big Tech's AI Gamble Shows Negative Returns Despite Surge in Spending Major US tech firms face negative returns on AI investments by 2030, with only Amazon showing positive outcomes. International Business Times UK · May 30
IAC Conference: Cost Cuts, People Inc. Rebrand Aim to Close Valuation Gap IAC (NASDAQ:IAC) executives said the company’s recent consolidation plan is intended to simplify its structure, reduce corporate expense and narrow what management views as a discount in the company’s share price. Speaking at a TD Cowen fireside chat, Christopher Halpin, IAC’s chief operating offic MarketBeat · May 30
ICYMI: the 8 biggest tech stories of the week, from Oura's new smart ring to the Pope's take on AI It's been a frenetic week of tech — here are some of the major stories we published over the past seven days. TechRadar · May 30
Social media companies pay $27 million to settle Kentucky school district's lawsuit over social media harms, records show Meta settled the case brought by Breathitt County School District on May 21, a few weeks before a planned June trial, following earlier settlements by co-defendants Snap Inc , YouTube parent Alphabet and TikTok parent ByteDance. Terms of the deals had not been disclosed in court. The Economic Times · May 30
AI Costs Are Forcing Big Companies to Put Limits on Workers: Report Some of the country's biggest companies are beginning to ration access to AI for employers, track their usage more aggressively, and steer tem toward cheaper tools as costs rise faster than expected. International Business Times · May 29
Meta Platforms Is Testing AI Chatbot Subscriptions. What to Know. Meta Platforms reveals plans of testing paid tiers for its AI chatbot. But does that warrant buying META shares at current levels? Let’s find out. Barchart · May 29
The world is becoming training data for AI, for which everyone is unprotected Pronto, a home services startup, is facing criticism for using body-camera footage from workers inside customers’ homes to train AI and robotics systems. The company says customers can opt in for discounts, but critics argue the real business is collecting valuable in-home data for humanoid robots. The Economic Times · May 29
Meta tool to track employee mouse clicks on collision course with EU privacy rules Meta's AI training tool, Model Capability Initiative (MCI), is reportedly capturing extensive U.S. employee computer usage, including non-U.S. data from communications. This extensive data collection could lead to new European privacy violations under GDPR, as employees express concerns about the tool's scope and impact on their internet usage and sensitive… The Economic Times · May 29
The 180-Day Lease Holding Up SpaceX's $2 Trillion IPO SpaceX's reported $2 trillion valuation is being propped up by a 180-day lease to Anthropic. Barchart · May 29
International Business Times · May 29 Anthropic Surpasses OpenAI In Valuation After Massive $65 Billion Funding Round Anthropic has overtaken OpenAI as the world's most valuable artificial intelligence startup after raising $65 billion in a new funding round.
MarketBeat · May 29 Meta's Manus Mess: Why China Blocked the Deal and What It Means The Chinese government just threw a wrench in Meta's AI strategy, blocking its purchase of the startup Manus. See why and what it means for Meta's future.
International Business Times UK · May 29 One Firm Reportedly Spent Over $500 Million on Claude in Just 30 Days — A Basic Safeguard Was Missing Unrestricted AI use can lead to unexpected costs for companies. Learn strategies to set boundaries and monitor AI, balancing benefits with financial risks.
International Business Times UK · May 29 Iran Targets Google, Meta, Amazon & Microsoft: Plans to Charge Fees for Undersea Internet Cables in Strait of Hormuz Iranian media propose charging Google, Meta, Amazon and Microsoft fees for undersea internet cables in the Strait of Hormuz to generate major revenue amid tensions
Fortune · May 28 Tokenmaxxing is dead. It didn't produce the AI ROI companies wanted. Token usage is a poor proxy for firm-wide productivity gains. Those only come with workflow redesign.
Android Central · May 28 Meta unveils app subscriptions: 'Plus' plans precede 'Meta One' tests for AI and creators Meta announced a series of "Plus" plans for its main apps and teased a "Meta One" test for creators, businesses, and AI.
The Economic Times · May 28 Elon Musk defends AI ambitions as IPO reveals trouble Elon Musk insists that his artificial intelligence venture xAI remains a serious competitor, pushing back against mounting doubts after revelations that the supercomputing facilities built to power his own AI models are being rented out to a rival. It has also landed a Pentagon contract worth up to $200 million…
The Economic Times · May 28 Karan Johar unfollows almost everyone from Bollywood, from Shah Rukh Khan to Kareena Kapoor, except Priyanka Chopra Filmmaker Karan Johar has surprised fans by reportedly unfollowing numerous Bollywood celebrities and close friends on Instagram, including Shah Rukh Khan, Kajol, and Alia Bhatt. This sudden social media activity, which includes actors he launched, has left netizens speculating about the reasons, with some suggesting a possible technical glitch.
The Independent UK · May 28 Meta asks users to pay for WhatsApp, Instagram and Facebook Users asked to pay monthly fee for extra features
Fortune · May 28 Costco CEO Ron Vachris says tech is ‘elevating’ workers,’ not replacing them—as IBM and Delta bosses make the same bet on humans As companies like Meta and Amazon use AI to justify headcount reductions, Costco is doubling down on $1.50 hot dogs and humans at the cash register.
Barchart · May 28 Nvidia and Micron Stocks Are Almost Exclusively Driving S&P Earnings Strength. These 3 Very Real Risks Could End It All. Goldman Sachs data shows that together, Micron and Nvidia are responsible for one-third of all S&P 500 earnings growth in 2026.