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The Latest Breaking News from Meta

Eminem vs Meta: Rapper sues Facebook parent for $109million after using his hits on its platform

The ‘Lose Yourself’ rapper’s music publishing company, Eight Mile Style, accused Meta – the parent company of Facebook, Instagram and WhatsApp – of copyright infringement.

The Independent UK

Reddit sues AI company Anthropic for allegedly 'scraping' user comments to train chatbot Claude

Social media platform Reddit has sued the artificial intelligence company Anthropic, alleging that it is illegally “scraping” the comments of Reddit users to train its chatbot Claude

The Independent UK

Meta basically just bought a nuclear power plant

Meta signs 20-year deal to keep the lights on at Clinton Clean Energy Center in Illinois.

TechRadar

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Heavy Unusual Option Volume in META Shows That It is Worth More

Today, unusual volume in Meta Platforms options highlights the underlying value of META stock. The company's strong free cash flow could lead to a higher stock price, at least one-third higher or $910 per share.

Barchart

YouTube, Meta, TikTok reveal misinformation tidal wave

More than 25,000 Australian videos featuring misinformation have been removed from YouTube and TikTok as tech giants turn to AI tools to identify issues.

AAP

Meta halts phone and browser tracking tools after researchers expose user snooping

Researchers spotted covert data extraction and tracking, but the apps responsible quickly removed the script.

TechRadar

Broadcom Isn’t Getting ‘Enough Credit.’ Why Analysts Think You Should Buy AVGO Stock Now.

With Broadcom’s AI power play hiding in plain sight, analysts at Redburn Atlantic believe it’s time to pay attention to AVGO stock.

Barchart

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Constellation Energy and Meta Strike Nuclear Deal, Shares Whipsaw

Constellation Energy shares soared in pre-market trading after the company announced a deal with Meta. However, what does this actually mean for both companies?

MarketBeat

Meta becomes latest tech giant to turn to nuclear to power AI with new 20-year energy deal

Meta is the latest tech giant to strike a deal with a US energy corporation to power its next-generation artificial intelligence (AI).

Euronews

Meta Clinches Nuclear Deal to Turbocharge Its AI Ambitions: What This Means For The Company

Meta's 20-year deal with Constellation Energy secures nuclear power for its AI data centres, ensuring clean, reliable energy from 2027. Can this spark a tech industry shift to nuclear?

International Business Times UK

Dear Broadcom Stock Fans, Mark Your Calendars for June 5

The AI chip specialist is getting ready to lift the curtain on its next earnings report.

Barchart

Constellation Energy Just Landed a Major Meta Platforms Deal. How Should You Play the Nuclear Energy Stock Here?

Meta announced a 20-year power purchase agreement with Constellation Energy. UBS says it’s reason enough to load up on CEG shares.

Barchart

Meta's nuclear deal signals AI's growing energy needs

Meta’s 20-year deal with Constellation Energy follows similar maneuvers from Amazon, Google and Microsoft, but it will take years before nuclear energy can meet the tech industry’s insatiable demand for new sources of electricity

The Independent UK

Meta Quest 4 reportedly delayed until 2027 – and we could see a whole new kind of Meta VR headset

And maybe Asus and Lenovo's VR efforts will break cover

TechRadar

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The Guardian - US

Meta signs deal with nuclear plant to power AI and datacenters for 20 years

Facebook and Instagram parent’s deal follows other big tech companies signing agreements with power companies

The Independent UK

Meta becomes the latest big tech company turning to nuclear power for its AI needs

Facebook parent company Meta is partnering with Constellation Energy to expand the output of an Illinois nuclear plant to help meet surging demand for artificial intelligence and other computing needs

Barchart

Meta’s Mark Zuckerberg Says Most Physical Things We Have ‘Aren’t Going To Need To Be There in the Future’; It Will All Be Holograms

Mark Zuckerberg shares his insights on the future, saying pretty soon everything will be holograms.

The Guardian - US

Will AI wipe out the first rung of the career ladder?

Generative AI is reshaping the job market, and it’s starting with entry-level roles

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The Guardian - AU

Instagram account dedicated to masturbation suspended after allegedly infringing University of Melbourne’s trademark

One now-deleted post described the ‘best room to goon in on all of campus’ and received more than 12,000 likes

Fortune

Meta wants to replace its human workers with AI to review privacy and societal risks

Up to 90% of risk assessments could become automated. Other companies like Klarna, Salesforce, and Duolingo are looking at job shifts in the face of AI.

The Guardian - UK

Facebook and Instagram owner Meta to enable AI ad creation by end of next year

Move sends shock waves through traditional media industry by posing threat to advertising agencies

Fortune

24 founders are still CEOs of their Fortune 500 companies—none are women

From Nvidia to Airbnb, many of today’s top-performing companies are led by founders who’ve stayed in power for over a decade.

Laptop

An internal OpenAI doc reveals exactly how ChatGPT may become your "super-assistant" very soon.

The document also reveals how OpenAI thinks about its more established competitors — and how to defeat them.

International Business Times UK

Ex-Meta Executive Says Requiring Artist Consent to Train AI Could 'Kill' UK's Tech Sector Overnight

Former Meta executive Nick Clegg warns the UK's AI industry faces ruin if tech companies must seek artists' consent to use their work for model training, citing the vast data needed.

Barchart

Meta, Amazon and Microsoft Shareholders All Overwhelmingly Reject Strategic Bitcoin Reserve

Meta is the latest corporate giant to reject a strategic Bitcoin reserve, signaling widespread adoption might not be as sought after as initially believed.

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Sebastian Siemiatkowski

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