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The Latest Breaking News from Meta

'This case is about two of the richest corporations who have engineered addiction in children’s brains' — lawsuit against Meta and YouTube could decide the fate of social media

As one lawyer labels social media platforms “digital casinos” that create dopamine addiction in children, Meta and YouTube dispute the claim.

TechRadar

Revealed: 95 billion scam adverts shown to Britons on social media last year

One in ten social media ads is a scam, the latest research shows

The Independent UK

Is it possible to develop AI without the US?

Tech giants Alphabet, Amazon, Microsoft and Meta to collectively invest $600bn on artificial intelligence this year

The Guardian - US

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Social media 'addicting the brains of children,' plaintiff's lawyer argues in landmark trial

The world’s biggest social media companies face several landmark trials this year that seek to hold them responsible for harms to children who use their platforms

The Independent UK

Oakley Meta's camera glasses took center stage at last night's Super Bowl – but did they give a blinkered of what they can do?

The 60-second TV advertisement for Oakley's HSTN and Vanguard smart glasses starred Spike Lee and Marshawn Lynch – but did it give a rose-tinted view of what this tech actually does?

Digital Camera World

As billionaires bail, Mark Zuckerberg doubles down on California with $50 million donation

The Meta founder’s donation to Sacramento State will help build “state-of-the-art STEM facilities” and a dedicated AI center.

Fortune

EU threatens to act over Meta blocking rival AI chatbots from WhatsApp

Firm accused of ‘abusing’ its dominant position for messaging in what appears to be breach of antitrust rules

The Guardian - UK

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EU warns Meta over blocking rival AI chatbots from WhatsApp

The European Commission said Meta’s policy risked “irreparably harming competition in Europe”.

Evening Standard

New Meta Quest and next-gen AR glasses leak – here's what they could look like

We're in the era of tethered headsets again

Meta’s expanding its already massive Louisiana data center project

Last week, my colleague Sharon Goldman learned that Meta has bought about 1,400 acres, next to its already massive 2,250-acre Hyperion AI data center site in Louisiana.

Fortune

Meta faces trial over child sexual exploitation claims as wave of lawsuits targets Big Tech

Built on undercover accounts posing as children, the case is the first stand-alone state trial in a widening legal fight over social media’s impact on minors.

Euronews

Is the EU really censoring Americans, interfering in elections and targeting conservative content?

A report by Republican lawmakers in the US has slammed the European Commission for allegedly posing as a 'foreign censorship threat', claiming it unfairly targets conservative and populist views and tries to manipulate elections in EU member states. The Cube takes a look at the allegations.

Euronews

Landmark social media trials begin across the US this week. Here’s what to know

Executives, including Meta CEO Mark Zuckerberg, are expected to testify at the trial, which will last six to eight weeks

The Independent UK

Trial against Meta in New Mexico focuses on dangers of child sexual exploitation on social media

A trial focused on whether Meta misrepresented the safety of its platforms when it comes to the dangers of child sexual exploitation is set to start in New Mexico

The Independent UK

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The Guardian - US

Social media companies are being sued for harming their users’ mental health – but are the platforms addictive?

Experts say the term ‘addiction’ is be overused and, for social media use, could be difficult to prove

MarketBeat

Google and Meta Just Rewrote Broadcom’s AI Story—While Shares Drop

While Broadcom shares fall, customers like Alphabet and Meta are greatly boosting their AI spending forecasts; creating positive implications for AVGO stock.

Fortune

Meta’s multimillion-dollar Super Bowl ad may not just be about its smart glasses—but about selling Wall Street on Zuckerberg’s AI future

Meta’s pricey Super Bowl ad may be aimed at investors, not just consumers, said one expert.

Fortune

Next-gen nuclear sees a tipping point as Meta and hyperscalers start dealmaking with Bill Gates’ TerraPower, Sam Altman-backed Oklo and more

Meta, Google, Amazon, and more all hope to lean on a nuclear construction boom to power AI.

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Barchart

Apple Stock Is Steady as a Rock Amid AI Selloff: How to Play AAPL Stock

Apple stock is outperforming its Big Tech peers this year, which have sold off as the AI rally has reversed course. Here's how to play AAPL stock now.

Fortune

Big Tech’s $630 billion AI spree now rivals Sweden’s economy, unsettling investors: ‘We’ve never invested this much on anything before’

Big Tech’s $630 billion AI spending spree now rivals Sweden’s economy, unsettling investors: “We’ve never invested this much on anything before.”

Barchart

A $680 Billion Headwind Faces These 4 Tech Stocks. Should You Sell Them Now?

Echoing Michael Burry, Morgan Stanley warns that hyperscalers face huge depreciation costs. This puts ORCL, GOOGL, MSFT, and META back in the spotlight.

Tom’s Hardware

Big Tech stocks take a $1 trillion tumble as projected AI spending continues to outweigh revenue — investors are antsy about long-term planning becoming never-ending spending

Big Tech stocks take a $1 trillion tumble as projected AI spending continues outweighing revenue

Fortune

Larry Ellison and Jeff Bezos have seen more than $66 billion swiped from their net worths since the start of this year as AI-driven slump sees tech billionaires’ wealth free-fall

AI bubble fears have led to billions erased from tech CEOs’ net worth overnight—and Oracle founder Larry Ellison has been hit the hardest this year.

Fortune

Moltbook is the talk of Silicon Valley. But the furor is eerily reminiscent of a 2017 Facebook research experiment

As Fortune’s Jeremy Kahn points out, we’ve seen this film before.

Android Central

Whether Meta ends up as the Atari of VR is TBD, but the 2026 parallels to 1983 are becoming clearer for one big reason

Games like Dimensional Double Shift are reporting record numbers of players, but there's no telling what VR gaming is going to look like a few years from now.

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