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The Latest Breaking News from Meta

Congressman Invests $6.4 Million In Magnificent 7 Stocks—Top Pick Inside

A member of Congress recently disclosed millions of dollars in stock purchases, including big bets on six of the Magnificent Seven stocks.

Benzinga

Meta Stock Hits New High As Threads Rockets Past 400 Million Users

Meta Platforms Inc.’s (NASDAQ:META) Threads has surpassed 400 million monthly active users, just two years after launching as a rival to Twitter (now X), Instagram’s Adam Mosseri announced on Tuesday. The company’s stock price crossed the 52-week high of $784.75 on Tuesday after the update.

Benzinga

In the time of tariffs, Nvidia and AMD cut unusual deals with Trump

Two chipmakers make revenue-sharing pledges, OpenAI reveals GPT-5 and AOL bids dial-up adieu

The Guardian - US

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ChatGPT-5 underwhelming you? Here's what it can do that older models couldn't—and where other AI chatbots still shine

OpenAI had glowing things to say about ChatGPT-5. Users aren't as convinced.

Fortune

Meta AI takes first step to superintelligence — and Zuckerberg will no longer release the most powerful systems to the public

The Meta CEO believes that AI with the capacity to improve itself is the first step towards a technology that will transform humanity.

LiveScience

Myomo Shares Plunge Over 42% Pre-Market Despite Q2 Revenue Beat Amid Weak Outlook, Rising Losses

Myomo Inc. (NYSE:MYO) shares tumbled 42.05% in pre-market trading to $1.02 despite reporting second-quarter revenue that exceeded expectations, as investors focused on the medical robotics company’s significantly reduced full-year guidance and widening losses.

Benzinga

Mark Zuckerberg's Costly Metaverse Gamble, AI Spending Spree Could Deal 'Lethal' Blow To Meta, Warns Lawrence McDonald

Lawrence McDonald, founder of the Bear Traps Report, issued a stark warning on Monday about Meta Platforms Inc. (NASDAQ:META), writing on X: “Imagine (Zuck) losing billions on a metaverse bet, and then going all in AI capex? Testosterone can be lethal.”

Benzinga

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Watering down Australia’s AI copyright laws would sacrifice writers’ livelihoods to ‘brogrammers’

Our Productivity Commission is considering to include an exemption for text and data mining into our Copyright Act. This extractive industry may well put us out of business

The Guardian - AU

This 'Netflix Of AI' Lets You Create Shows In Seconds—Amazon Just Funded It, But Some Ask Who Even Wants To Watch It

Amazon (NASDAQ:AMZN) has invested in Bay Area startup Fable, the company behind Showrunner, a new AI-powered service pitched as the "Netflix of AI" that allows anyone to generate television episodes with just a few keywords, Bloomberg reports.

Benzinga

This Meta prototype is a seriously upgraded Meta Quest 3 – and you can try it for yourself

Tiramisu and Boba 3 are two Meta prototype VR headsets people can demo if they're lucky.

TechRadar

GitHub Just Got Assimilated—CEO Out, Copilot In, Microsoft All Over It

Microsoft is bringing GitHub into its CoreAI group as CEO Thomas Dohmke announces his resignation, marking a major change for the developer platform.

Windows Central

Meta revamps business protection tools, bringing a more seamless user interface

Meta updated its Brand Rights Protection tools for businesses on all platforms, including those in Canada.

Android Central

Snowflake Nears 52-Week High On AI Boom, Big Tech Spending Spree

Cloud-based data platform Snowflake Inc. (NYSE:SNOW) climbed Monday, fueled by growing adoption of its AI-focused data cloud tools and a wave of multi-billion-dollar artificial intelligence spending commitments from tech giants.

Benzinga

Trump’s AI czar plants flag in ‘doomer’ debate. Here’s why he thinks humans are still in control of the Pandora’s Box they’ve opened

“Right now the current situation is Goldilocks,” says David Sacks, special adviser to the White House for AI and crypto.

Fortune

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TechRadar

Instagram’s new Maps feature has sparked major privacy worries – here’s how to make sure it’s turned off

Meta recently announced the new Instagram Maps feature, but it's bee met with an angry response from users online.

TechRadar

Meta CTO teases ‘big wearables announcements’ for later this year but makes no VR headset promises

Meta’s CTO is already hinting at what we’ll see at Meta Connect 2025, and therefore what we won't see.

MarketBeat

Why Trade Desk Crashed 40% Despite a Q2 Sales Beat

Trade Desk tanked despite solid Q2 results versus Wall Street forecasts. The stock's big gain recently shows that elevated expectations hid beneath the surface.

Benzinga

Micron Stock Jumps After Boosting Sales And Profit Outlook On Soaring AI Chip Demand

Micron Technology (NASDAQ:MU) stock gained on Monday after the company lifted its fourth-quarter fiscal 2025 guidance, citing stronger-than-expected pricing, particularly in DRAM, and solid operational execution.

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MarketBeat

Worried About a Fading Rally? Consider These 3 Dividend Stocks

Volatility is back in the markets, and jobs data points to a weakening labor market. Is it time to get defensive? Consider these 3 dividend stocks for income.

Benzinga

S&P 500 Or Just Mag 7: Here's Why Mega Cap Stocks Keep Rising Despite All Odds

The stock market’s resilience in recent years, particularly the SP 500’s historic run, has perplexed many, with some experts now suggesting that the index’s performance is driven by a handful of mega-cap companies rather than the broader economy.

Benzinga

Meta Taps PIMCO, Blue Owl For $29 Billion Louisiana Data Center Buildout As AI Infrastructure Race Heats Up

Meta Platforms Inc. (NASDAQ:META) has reportedly enlisted the services of PIMCO and Blue Owl Capital to finance its $29 billion data center expansion project in rural Louisiana.

The Guardian - US

TikTok to replace trust and safety team in Germany with AI and outsourced labor

TikTok workers in Berlin are striking over mass layoffs amid company’s global push to replace moderators with AI

Fortune

Sam Altman says the AI talent war is a bet that a 'medium-sized handful of people' will make superintelligence breakthroughs

“I’m not totally sure what’s gonna happen, but it is a crazy intense comp for a very small number of people right now.”

The Guardian - UK

‘It’s missing something’: AGI, superintelligence and a race for the future

As US and Chinese tech giants chase artificial general intelligence, experts warn the hype may be outrunning the science

MarketBeat

MarketBeat Week in Review – 08/04 - 08/08

Stocks were higher for the week as investors overlooked tariff uncertainty, but the bulls may get tested by next week's data on inflation and retail sales

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