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The Latest Breaking News from Meta

Meta Set To Begin Thousands Of Layoffs With More Expected Later This Year

Meta is set to begin conducting a round of layoffs potentially impacting 8,000 people, and more are expected later this year, according to a new report.

International Business Times · May 18

Trump's 'Insane' $750M Stock Portfolio Exposed After 3,700 High-Speed Trades Trigger Conflict Panics

Donald Trump's extensive trading activity, revealed in ethics filings, raises concerns about potential conflicts of interest during his presidency, despite claims of independent management.

International Business Times UK · May 18

As fears of renewed war increase, Iran eyes terrifying point of leverage that will ensure ‘no one will dare attack them again’

Yet more leverage for Iran to use against Trump.

We Got This Covered · May 18

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Revealed: The Facebook accounts using AI to promote fake ‘good news’ stories about politicians

Exclusive: Posts which ‘weaponise empathy’ are garnering hundreds of thousands of reactions online – as fact checkers warn false narratives are being ‘churned out at an industrial scale’

The Independent UK · May 18

Citadel Advisors Cut Stakes in Nvidia, Microsoft and Amazon Despite AI Rally — But Held Onto Tesla and Meta

US hedge funds, including Citadel Advisors, adjusted their portfolios in Q1 amid market volatility, selling stakes in major tech stocks.

International Business Times UK · May 18

Mutual funds cut technology sector exposure to 8-year low in April. Is AI disruption reshaping sentiment?

Mutual funds have significantly reduced their technology sector exposure to an eight-year low, driven by concerns over AI disruption, slowing global IT spending, and muted earnings. This strategic shift reflects investor caution amid a transition phase for the IT sector, with a preference for domestic sectors like financials and defence.

The Economic Times · May 18

Meta’s new tools allow parents to better supervise their kids’ social media accounts. Will they work?

Tech giant Meta recently announced a set of new features to give parents greater oversight of how their children use Facebook, Instagram, Messenger and Horizon.

The Conversation · May 18

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Elon Musk Faces Sexism Accusations After Mocking Men on Instagram, Promotes X as More Serious Alternative

Elon Musk's jibe that Instagram is 'for girls' has sparked accusations of sexism and revived scrutiny of his fraught family ties and combative rivalry with Meta's social platforms.

International Business Times UK · May 17

Behind the ‘LinkedInferno’: How tech workers are navigating Silicon Valley layoffs

Tech workers are reeling as AI and mass layoffs upend their formerly dependable and lucrative career path, Josh Marcus reports

The Independent UK · May 17

‘Nobody’s negotiating for the people here’: comedian Charlie Berens takes on AI datacenters

Known for his ‘Manitowoc Minute’ skits and midwestern humor, the journalist turned comedian is speaking out against the AI datacenter boom in Wisconsin

The Guardian - US · May 17

Meta layoffs trigger panic as employees stuff bags with free snacks, drinks and chargers, says ex-employee

A former Meta employee shared a chilling account of the company's atmosphere before significant job cuts. Workers reportedly took free snacks and chargers, viewing the eve of layoffs as 'doomsday'. This sentiment persists as Meta prepares for further job eliminations. Many employees remain anxious about their future, with some hoping…

The Economic Times · May 17

Steven Soderbergh used AI in a documentary about John Lennon. And he wants to talk about it

The day John Lennon was shot in 1980, he and Yoko Ono gave an interview to a San Francisco radio crew from their home in New York’s Dakota Apartments

The Independent UK · May 17

AXT Turned the AI Data Center Boom Into an 8,436% 1-Year Return

AI infrastructure spending is reshaping the semiconductor supply chain in unexpected ways. AXT emerged as one of the market’s top performers by supplying materials essential to modern data centers.

Barchart · May 16

What Is Broadcom? The Unknown Company Building the AI Chips Powering Google, Anthropic, OpenAI and Meta

Broadcom (AVGO) is the company building custom AI chips for Google, Anthropic, OpenAI and Meta. With $100 billion in AI chip revenue targeted for 2027 and a $73 billion backlog, here's everything you need to know about the most powerful tech company most people have never heard of.

International Business Times · May 16

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Fortune · May 16

We watched social media concentrate. The same thing is happening in AI, only at a deeper layer

We watched Snap lose to Meta's platform dominance and see the same pattern repeating in AI—only this time, the stakes aren't market share.

Tom’s Hardware · May 16

AI data centers require 36 times more fiber than designs with standard servers — severe glass shortages push cable lead times out to a full year

Major Chinese optical fiber manufacturers have booked orders stretching into 2027, as AI data center construction drives demand growth that the supply chain can't match.

MarketBeat · May 16

MarketBeat Week in Review – 05/11 - 05/15

Stocks were mostly higher this week as investors were reminded that earnings are the signal; inflation and geopolitics is noise

Fortune · May 16

The prophet of the 'Wired Belt' says capitalism is finally eating itself

Tufts' Bhaskar Chakravorti predicted AI would destroy the jobs business needs most — in the exact cities where business lives.

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Digital Camera World · May 16

Oakley Meta HSTN review: smarter than the average glasses – a whole lot smarter!

The Oakley Meta HSTN are ‘performance AI glasses’, typifying the brand’s fusion of sports equipment, eyewear and apparel, with a flourish of fashion

Android Central · May 15

Meta's Ray-Ban Display build for the future, opens its doors to developers

Meta revealed that it will deliver a Developer Preview and access for developers to begin creating mobile and web apps for the Ray-Ban Display.

Roll Call · May 15

Social media CEOs called to Senate Judiciary hearing

The Senate Judiciary Committee has called on the executives of major social media companies to testify before the panel next month regarding child online safety. Chairman Charles E. Grassley, R-Iowa, sent letters to the heads of Meta, Google, Snap and TikTok earlier this month seeking attendance at a hearing on…

PC Gamer · May 15

Another metaverse is set to die in June

Holoearth, which just launched in 2024, is the latest proof that PC Gamer's Wes Fenlon was right.

The Economic Times · May 15

America's most powerful CEOs don't have much to show from their China trip so far

The presence of a group of some of the most powerful U.S. corporate leaders - representing companies like Apple, Meta, Boeing, Cargill and Goldman Sachs - underscores the importance of the Chinese market, even as political leaders navigate strained ties over trade, artificial intelligence and broader geopolitical tensions.

Barchart · May 15

Oracle Went From Tech Dinosaur to AI Heavyweight

Oracle’s legacy became its biggest AI advantage.

The Guardian - US · May 15

‘I didn’t want to be the guinea pig’: inside tech’s AI-fueled manager purge

Tech workers say AI-driven restructurings are eroding mentorship, support and paths to promotion across Silicon Valley

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