The Latest Breaking News from Meta

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…

AAP · May 20

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.

Tom’s Guide · May 20

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.

International Business Times UK · May 20

Warby Parker and Gentle Monster finally showed us their Samsung XR glasses — but forgot to tell us when they’ll release, or how much they’ll cost

Samsung has lifted the lid on its premium Android XR glasses — and some familiar fashion brands have lent a hand.

TechRadar · May 19

Meta is rapidly reorganizing its workers’ jobs around AI: ‘Transfers aren’t optional’

Some employees will be moved to new teams focused on AI agents and cloud infrastructure

The Guardian - US · May 19

The AI blindspot: Layoffs are piling up, but where are the returns?

Companies are cutting jobs to fund AI, but this strategy may not work. A global survey shows that reducing staff does not guarantee better returns on AI investments. Instead, businesses that invest in their people to guide and scale AI systems see greater financial success. The future of work involves…

The Economic Times · May 19

Ackman and Berkshire Are Betting Against Each Other on AI

Bill Ackman's Pershing Square made big moves in top AI hyperscaler stocks in Q1, with several standing in clear contrast to Berkshire Hathaway's changes.

MarketBeat · May 19

Meta Fires 8,000 Employees to Fund $145B AI Surge After Spying on Their Workday Data to Train Models

Meta plans to lay off 8,000 employees as it increases AI investments, leaving 6,000 roles unfilled. The move reflects a shift towards capital expenditure over payroll.

International Business Times UK · May 19

Nebius Group Pulls Back 9% After a Downgrade Despite Strong Earnings

Nebius Group fell nearly 9% after a DA Davidson downgrade, despite reporting 684% revenue growth and reiterating its 2026 guidance of $3B to $3.4B.

MarketBeat · May 19

ChatGPT Can Now Access Your Bank Account — As OpenAI Expands Into Personal Finance

OpenAI launches personal finance tools for ChatGPT Pro users in the US, enabling bank account connections for personalised financial insights. Privacy concerns arise over sensitive data handling.

International Business Times UK · May 19