Latest News, Updates & Breaking Headlines
President Donald Trump is making all technology companies betting big on AI make a promise to Americans. Trump administration wants Google, Microsoft, Meta, Amazon and all the other technology companies planning to build or invest in data centers to commit that Americans will not have to pay for their rising energy consumption. According to a…
Newly-available court documents have revealed that senior executives at Facebook-parent company Meta internally warned the company that its plan to encrypt Facebook Messenger was “irresponsible” because it would lead to a massive drop in the detection of child exploitation and terrorism material on the platform. The internal communications, made public in a New Mexico state…
Investor Michael Burry is questioning Big Tech’s $660 billion AI infrastructure spending spree, warning that companies like Amazon, Google, Meta, and Microsoft are burning through cash, piling on debt, and using aggressive depreciation schedules to mask the earnings impact. Drawing parallels to the early electricity boom—where the technology was real but investors still got wiped…
Meta is changing its metaverse strategy once again. The social media giant is now making a major change to the Horizon Worlds VR-exclusive app, originally designed for Meta Quest headsets. Meta said it will separate its Quest VR ecosystem from the free, social 3D virtual experience and shift its focus largely to mobile users to…
Meta has reportedly reduced the equity-based awards for most of its employees for the second consecutive year, as CEO Mark Zuckerberg channels unprecedented resources into artificial intelligence and data center expansion. According to a report by Financial Times, people familiar with the matter revealed that Meta trimmed its annual distribution of stock options by about…
Meta employees are embracing the title “AI Builder,” reflecting a significant shift in how products are developed. This change, highlighted by a product manager’s new focus on AI-driven creation, aligns with CEO Mark Zuckerberg’s vision of AI dramatically altering work. Companies like LinkedIn are also redefining roles, empowering individuals to code, design, and manage products…
Facebook parent Meta is reportedly planning its largest-ever election-related spending effort to date this year. The Mark Zuckerberg-led social media giant may have plans to spend $65 million to support state-level political candidates who support the artificial intelligence (AI) industry. According to a report quoting officials from the companies, Meta’s lobbying efforts are soon going…
Meta CEO Mark Zuckerberg has testified in Los Angeles Superior Court on Wednesday (February 18). According to a report by CNBC, Zuckerberg informed that court that he had reached out to Apple CEO Tim Cook in 2018 to discuss the ‘well being of teens and kids’. The comments from Meta CEO came after the defense…
A casual moment in San Francisco has gone viral after an Indian-origin tech founder joked about being mistaken for a DoorDash delivery worker, referring to couriers for the popular US food delivery app, despite wearing what many would consider classic startup status symbols. The founder, dressed in a Y Combinator jacket, carrying a Carnegie Mellon…
Meta has confirmed it will not repeat last year’s company-wide performance purge, assuring employees that the bottom 5% cull is not an annual initiative. This comes after recent layoffs in its Reality Labs division, which has incurred significant losses. The company is now shifting its focus and investment towards AI research. Meta has told employees…
