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The Latest Breaking News from Meta

Google Slashes Over A Third Of Managers Leading Small Teams Over Past Year: Report

Alphabet Inc.’s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google has reportedly eliminated 35% of managers overseeing teams of three employees or fewer over the past year.

Benzinga

TikTok Parent Overtakes Meta In Revenue, Valuation Soars To $330 Billion Despite US Sale Pressure, Ban Threats: Report

ByteDance, the Chinese tech giant behind TikTok, is reportedly preparing a new employee share buyback program that will value the company at more than $330 billion, even as it faces intense political scrutiny in the U.S. and pressure to divest TikTok's U.S. operations.

Benzinga

With market on edge over AI bubble, chip stocks shudder as investors send Nvidia down 3% despite 56% growth in data center revenue

Investors had extremely high expectations for Nvidia’s data center division, with forecasts set at $41.3 billion.

Fortune

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What's Going On With Meta Platforms Stock?

Meta Platforms Inc (NASDAQ:META) shares are traded lower on Wednesday as the company’s massive spending on artificial intelligence comes into sharper focus. Here’s what investors need to know.

Benzinga

Meta reportedly has low sales expectations around Project Hypernova smart glasses

Reports claimed that Meta isn't too confident in its sales projections for its Hypernova smart glasses.

Android Central

Trump Spills Meta's $50-Billion Secret—And Wall Street Is Asking This

When Donald Trump talks, secrets don't stay secret for long. In a cabinet meeting, Trump casually disclosed that Meta Platforms Inc.'s (NASDAQ:META) highly touted Louisiana data center, Hyperion, carries a $50 billion price tag. That figure—never shared publicly by Meta—is a bombshell, not only because it dwarfs the original $10…

Benzinga

Mark Zuckerberg's AI Bidding War: Lovable CEO Anton Osika Says 'He's Paying More For That Knowledge Than For These People'

Mark Zuckerberg is paying NFL-style salaries to secure the few experts who can train large foundation models, but not every founder believes those recruits guarantee success.

Benzinga

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Meta Doubles Down On AI With $50 Billion Data Center, Faces Backlash Over Energy Demands

Meta Platforms' (NASDAQ:META) multibillion-dollar bet on artificial intelligence is drawing attention from Wall Street, Washington, and consumer advocates.

Benzinga

Elon Musk's Legal Team Fights To Block OpenAI's Access To Meta's Bid Documents

Elon Musk’s legal team has filed a motion to prevent OpenAI from obtaining documents related to a previous $97.4 billion bid for its assets, according to court filings.

Benzinga

Why investors are on tenterhooks for Nvidia’s latest earnings report

The US chip giant is considered a bellwether for both the AI industry and Wall Street.

Al Jazeera

Meta Might Be Accessing Your Camera Roll Without Permission — Here's the Fix

Meta has found a new way to invade your privacy. Here's how to opt-out of giving camera roll access on Facebook.

Tom’s Guide

Meta's $800 Hypernova Glasses Will Be An 'Experimental Product' And This One Thing Will Be 'Most Important Selling Point,' Says Analyst

Meta Platforms' (NASDAQ:META) upcoming Hypernova AI-powered smart glasses are being positioned as a bold step toward augmented reality adoption, but TF International Securities analyst Ming-Chi Kuo says the device will likely be an "experimental product" with limited market share.

Benzinga

I Got a Sneak Peek of IFA 2025 — CEO Leif Lindner Told Me Everything There Is To Know

IFA 2025 is just around the corner, and I chatted with IFA CEO Leif Lindner to find out what's in store at the largest consumer and tech event. Here's what you need to know.

Tom’s Guide

Alphabet Stock's All-Time High Could Supercharge Communications ETFs

Alphabet Inc. Class A (NASDAQ:GOOGL) and Class C (NASDAQ:GOOG) reached record highs of $210.52 and $211.09 on Aug 25, thanks to AI-powered products, a surging Google Cloud business, and fresh partnerships. For ETF investors, the action is bringing a few communication services funds with substantial Alphabet exposure into the spotlight.

Benzinga

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TechRadar

These impressive new smart glasses with a screen put Meta on notice

Rokid Glasses are launching internationally at a cheaper price, but later than Meta's rumored smart glasses with a display.

The Independent UK

Nvidia launches ‘robot brain’ for ultra-powerful AI humanoid machines

Nvidia boss Jensen Huang describes Jetson AGX Thor chip as the ‘ultimate supercomputer’

The Guardian - US

Is the AI boom finally starting to slow down?

Stocks of firms with big AI pushes tumbled this week, Meta announced an AI hiring freeze, and the first big test of an AI reality check looms

Euronews

EU defends sovereign right to regulate tech against Trump's latest tariff threat

The European Commission has defended its sovereign right to regulate in reaction to Donald Trump's threat of retaliation against Big Tech laws.

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International Business Times

EU Claims 'Sovereign Right' To Regulate Tech After Trump Threat

The European Commission Tuesday asserted the "sovereign right" to regulate the activities of tech giants within the bloc and rejected claims by President Donald Trump that its rules unfairly harm US firms.

Fortune

Mark Zuckerberg gifted noise-canceling headphones to his Palo Alto neighbors because of the non-stop construction around his 11 homes

This isn’t the first time Zuckerberg has clashed with neighbors over real estate projects.

Benzinga

Elon Musk's xAI, X Sue Apple And OpenAI, Seek Billions In Damages, Say ChatGPT Partnership Is A 'Tale Of Two Monopolists Joining Forces'

Elon Musk's artificial intelligence company xAI and social media platform X have filed a lawsuit against Apple Inc. (NASDAQ:AAPL) and artificial intelligence giant OpenAI, alleging the companies favored ChatGPT over xAI's Grok and others.

Tom’s Guide

A new Facebook feature could secretly be scanning your phone's camera roll — here's how to turn it off

Meta is testing a new Facebook feature that can scan your camera roll and all of your saved photos without you even knowing.

Benzinga

Alphabet Stock Hits New All-Time High On AI, Cloud Momentum

Shares of Google parent Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) hit a new all-time high Monday, buoyed by a string of positive developments in its artificial intelligence and cloud computing divisions coupled with a favorable macroeconomic environment. Here’s what investors need to know.

Barchart

As Meta Overhauls Its AI Team, What Does That Mean for META Stock?

As Zuckerberg splits Meta’s AI team, Wall Street is left to ask: Does this move strengthen META stock — or weaken its AI ambitions?

Barchart

Nvidia Q2 Earnings Preview: Can Jensen Huang Lead NVDA Stock, Broader Market to New Highs?

Nvidia is set to report its fiscal Q2 earnings on Aug. 27. The company’s earnings will be the most important event this week.

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