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The Latest Breaking News from Meta

Meta, Amazon, Palantir Fuel AI Data Center Boom — ETFs Are The Sleeper Bet

AI isn’t just consuming the world; it’s poised to devour the power grid. Big tech companies such as Meta Platforms (NASDAQ:META), Amazon (NASDAQ:AMZN) and Palantir (NASDAQ:PLTR) are going all-in on artificial intelligence, fueling a historic development of data center infrastructure. For ETF investors, that implies it’s time to move beyond…

Benzinga

Pico's next XR headset could be lighter and smaller than ever, but I hope it just skips to AR glasses instead

TikTok’s parent company, ByteDance, is reportedly developing a brand new XR device, but not the one I want.

TechRadar

Wall Street's Big 7 Are Now Bigger Than China's Entire Economy

The combined market capitalization of America's seven largest corporations has now overtaken the entire economic output of China, the world's second-largest economy.

Benzinga

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Settlement reached in investors’ lawsuit against Meta CEO Mark Zuckerberg and other company leaders

A settlement has been reached in a class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders over claims stemming from the privacy scandal involving the Cambridge Analytica political consulting firm

The Independent UK

Zuckerberg Settles Lawsuit Over Cambridge Analytica Scandal

Meta chief Mark Zuckerberg and other company board members settled a shareholder lawsuit on Thursday concerning decisions made in the wake of the Cambridge Analytica privacy scandal.

International Business Times

Meta AI was leaking chatbot prompts and answers to unauthorized users

Meta AI has fixed a security flaw that made it possible for users to view the prompts and their subsequent answers put forth by others to its chatbot.

Tom’s Guide

Meta Flexes Ad Strength, Analyst Cites Travel Trends And Weak US Dollar

Keybanc analyst Justin Patterson reiterated an Overweight rating for Meta Platforms (NASDAQ:META) and raised the price forecast from $655 to $800 on Wednesday, citing strong second-quarter ad trends, stable macro conditions, and momentum in AI.

Benzinga

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I spent the week at ICML. Here's what is sticking with me.

At ICML, the AI research elite gather to present papers, chase jobs, and quietly shape the future of the field.

Fortune

Meta, Palantir, Amazon Are All-In On AI—Can Datacenters Keep Up?

A global buildout of datacenter infrastructure is charging ahead to meet the immense computing power needed for AI ambitions by tech giants like Meta Platforms Inc. (NASDAQ:META), Palantir Technologies Inc. (NASDAQ:PLTR), Amazon.com Inc. (NASDAQ:AMZN) and others.

Benzinga

Meta is using its own blend of AI-optimised, low-carbon 'green concrete' in one of its honking great data centers

There's something here about oceans and small amounts of liquid, I reckon.

PC Gamer

Labour spent 30% more than Tories in 2024 general election, figures show

Labour spent £30m compared with the Conservatives’ £23m, according to Electoral Commission data

The Guardian - UK

Scale AI lays off 200 employees, one month after Meta's $14 billion investment — says it scaled up too quickly

Just one month on from Meta investing an alleged $15 billion in data annotation firm, Scale AI, and it's letting go of 200 of its employees, claiming that it scaled up its generative AI teams too quickly.

Tom’s Hardware

Why Apple CEO Tim Cook’s AI struggles serve as a warning for C-suite leaders

A Fortune report examines the dilemma Cook is facing.

Fortune

Dan Ives Picks 5 Stocks For 2nd Half Of 2025: Nvidia, Palantir, Microsoft And More: 'Golden Age Of Tech Is Here With AI Revolution'

Tech bull Daniel Ives has listed his top five picks for the second half of 2025, reiterating that the “golden age of tech” was here with the artificial intelligence (AI) revolution to the fore.

Benzinga

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Fortune

The changing nature of startup employment, OpenAI’s e-commerce ambitions, and Powell’s future

It has been, to say the least, a wild week in the private markets. I’m taking you briefly inside my reporter’s notebook.

Benzinga

Ex-OpenAI Exec Mira Murati Lands $2 Billion Seed Round For AI Startup Backed By Andreessen Horowitz, Nvidia, AMD, Other Tech Giants

Former OpenAI Chief Technology Officer Mira Murati has secured a record-breaking $2 billion seed round for her artificial intelligence startup, Thinking Machines Lab.

Benzinga

Meta, AWS Roll Out $6 Million Startup Program To Counter OpenAI, Make Llama The Go-To AI Model For Builders

Meta Platforms Inc. (NASDAQ:META) and Amazon Web Services are launching a $6 million initiative to attract 30 U.S. startups to build AI applications using Meta’s open-source Llama model, positioning the partnership as a strategic counter to OpenAI‘s closed-source dominance.

The Guardian - UK

AI firms ‘unprepared’ for dangers of building human-level systems, report warns

Future of Life Institute says companies pursuing artificial general intelligence lack credible plans to ensure safety

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Euronews

Tech giants can easily check age of child users, says Danish minister

Online platforms are facing increasing pressure to implement the tools to protect children from harmful content online.

Benzinga

Meta Shareholders Sue Mark Zuckerberg, Peter Thiel For $8 Billion Over Privacy Violations Linked To Cambridge Analytica Scandal

On Wednesday, a trial began in Delaware, where Meta Platforms, Inc. (NASDAQ:META) shareholders are seeking $8 billion in damages from top executives, including Mark Zuckerberg, Peter Thiel and Sheryl Sandberg, over alleged failures to protect user data following the Cambridge Analytica scandal.

The Guardian - AU

Meta argues its AI needs personal information from social media posts to learn ‘Australian concepts’

Tech giant says posts from Australian Facebook and Instagram users are ‘vital learning’ about ‘concepts, realities, and figures’

AAP

Cut privacy red tape to boost innovation: tech giants

Tech giants are warning Australia against introducing privacy rules that are "overly restrictive" for businesses working in cutting edge AI development.

Benzinga

Elizabeth Warren Has The Receipts: 'Bribery In Plain Sight' Funding Trump's Library

Sen. Elizabeth Warren (D-Mass.) is raising the stakes after accusing Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA) of potential bribery in its settlement with President Donald Trump.

Benzinga

Scale AI Slashes 14% Of Workforce After Meta's $14 Billion Investment

Scale AI, a San Francisco startup, recently celebrated a $14.3 billion investment from Meta Platforms, Inc. (NASDAQ:META). Shortly afterward, it laid off 14% of its total staff.

Fortune

Tech layoffs 2025: How Microsoft, Google, and Meta are plotting for the AI era

As tech giants like Microsoft, IBM, and Google shed thousands of workers, experts weigh in on the motivations behind these layoffs.

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