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The Latest Breaking News from Meta

Freshworks and Coinbase announce more than 1 in 10 jobs to go as companies replace workforce with AI technologies — tech company layoffs near 100K in 2026 alone

Freshworks and Coinbase are joining the list of companies laying off employees due to AI in 2026

TechRadar

Louisiana Says Men Are Spiking Women's Drinks With Abortion Pills. There's Scant Evidence of That.

Mail-order mifepristone is how countless women bypass abortion bans. That could soon change if Louisiana gets its way before the Supreme Court.

Reason

Years in the Making, AMD’s Upside Movement Has Just Begun

Advanced Micro Devices upside is yet to be seen as its CPU and GPU strengths have just been revealed; expect acceleration to continue.

MarketBeat

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10% Layoffs Won’t Be the End as Zuckerberg Says AI Will Drive More Job Cuts Later This Year

Zuckerberg confirmed a 10% layoff and signaled deeper cuts ahead.

Barchart

Meta's 'Age Assurance AI' Detects Underage Users, But Could Lock Accounts Until ID Or Facial Scan Are Provided

Meta is using AI to identify underage users on Facebook and Instagram, raising privacy concerns amid regulatory pressure for enhanced child safety.

International Business Times UK

AMD posts record first-quarter results, driven by skyrocketing data center CPU demand — company expects consumer andgaming revenue to decline in Q2 over rising memory and component costs

AMD sets record data center revenue as demand for CPUs from the AI sector skyrockets and is poised to increase even further as agentic AI gains momentum.

Tom’s Hardware

Axios interview: Scale AI CEO Jason Droege pushes "reliability" reality

Mission-critical AI needs fewer failures.

Axios

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Mark Zuckerberg personally authorised Meta’s AI copyright infringement, lawsuit alleges

Five publishing houses and one author claim Meta pirated millions of their copyrighted works to train its AI

The Independent UK

New Mexico proposes $3.7bn fine for Meta and sweeping changes to its social platforms

State’s attorney general petitions for overhaul of how Meta’s child safety protocol in second phase of landmark case

The Guardian - US

Mark Zuckerberg and Meta sued by authors claiming he approved AI training with their books

IN FULL

The Independent UK

New Xbox CEO replaces 24-year Microsoft employees with former CoreAI, Meta, Instacart execs to "evolve how we work"

Xbox continues to change

GamesRadar

Cathie Wood Remains Convinced on CoreWeave After 78% YTD Rally in CRWV Stock

Wood invested and divested CoreWeave, as the stock is up 78.65% this year.

Barchart

Mark Zuckerberg ‘personally authorized’ Meta AI copyright infringement, major publishers allege in new lawsuit

Five publishing houses and author Scott Turow are suing Meta and CEO Mark Zuckerberg for copyright infringement

The Independent UK

AI costs are coming to consumers

A slew of tech earnings predict an expensive future for everyday electronics buyers, and big developments in the UK tech world

The Guardian - US

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MarketBeat

Atomic Dividends: Big Tech's New Energy Bet

The surging power demands from AI and big tech are catalyzing a multi-decade investment cycle in American nuclear energy infrastructure.

Barchart

As Meta Platforms Buys Assured Robot Intelligence, META Stock Becomes a Bet on Humanoids

Betting on humanoid robotics with a new acquisition, META positions its stock around future AI-driven machines.

Fortune

The Met Gala raised a record $42 million as Silicon Valley picked up the tab—and as celebs protested Jeff Bezos' sponsoring of the event

The Met Gala raised a record $42 million this year, powered by Silicon Valley sponsors. Other usual regulars decided to skip because of their presence.

MarketBeat

Nebius Breaks Out to All-Time Highs—Here's What's Driving It.

Nebius hit an all-time high of $176.42 after announcing a $643 million acquisition of AI inference specialist Eigen AI, with Q1 2026 earnings due May 13.

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Barchart

Why Meta Stock Is Objectively Cheap at Current Levels

Meta is currently trading at a P/E of 20, a valuation typical of mature industrial firms rather than tech leaders. While the market focuses on massive capex, it ignores the company's unprecedented distribution power and its potential to dominate AI for mainstream users.

Barchart

Nebius Stock Could Be a Buy in May as the Company Makes a Big Bet on U.S. Expansion

Nebius agreed to acquired Eigen AI to expand its U.S presence and aid its Token Factory.

Digital Camera World

This optional Instagram “AI creator” label is a step in the right direction – but I think it should be enforced

Instagram is testing the ability for AI content accounts to label themselves as an “AI creator” but I think the platform needs to enforce it

MusicRadar

“I asked Sean and he said, ‘Oh, he would’ve wanted to engage’”: Steven Soderbergh on his John Lennon doc and its use of AI

It won’t try to bring Lennon back to life, he insists

Creative Bloq

From Vine to Friendster, why is retro social media coming back?

The resurrection of vintage platforms is about more than just nostalgia.

Euronews

Two years of DMA: is it really 'fit for purpose'?

On 28 April, the European Commission's first formal review of the Digital Markets Act (DMA) found it “fit for purpose”, noting its positive impact on consumers and competition. The Parliament calls for fast-tracking stronger enforcement amid external pushback.

The Guardian - AU

Big tech wants to punish Australia over Albanese’s media bargaining code – and Trump might be inclined to listen

The president’s contempt for the media is explosive and his ‘disappointment’ with Australia apparent. For Meta, Google and Oracle, it’s a powerful combination

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