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The Latest Breaking News from Meta

Who Is Kunal Shah? The Indian Founder Meta Bet $900 Million on to Lead WhatsApp

Kunal Shah, founder of CRED, appointed as global head of WhatsApp by Meta, following a £680 million investment in his startup. Miten Sampat steps in as interim CEO of CRED.

International Business Times UK

Meta hires Indian fintech start-up founder as new WhatsApp chief

Kunal Shah’s appointment comes after Meta invests $900m in his company

The Independent UK

UK considers forcing social media firms to prioritise trusted news

The culture department said on Monday it was considering requiring platforms such as Meta's Facebook, Alphabet-owned YouTube and TikTok to make content from public ‌service media - including ⁠the ⁠BBC, ITV and Channel 4 - and other trusted news providers easier to find in users' feeds and searches.

The Economic Times

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Beyond Jio IPO: 5 triggers Mukesh Ambani has lined up to revive Reliance shares for 44 lakh investors

Reliance Industries is charting a new course to boost its stock for 44 lakh investors, moving beyond a potential Jio IPO. Billionaire Mukesh Ambani has unveiled five key growth drivers, including revitalizing the O2C business, scaling up new energy ventures, building India's AI backbone, expanding FMCG operations to a Rs…

The Economic Times

Meta to pause internal mouse-tracking tech while examining data security issues

The company's announcement follows revelations that sensitive employee data, intended to monitor ‌digital interactions within ⁠Meta's ⁠internal systems, was accessible to all Meta staffers, according to documents reviewed by Reuters.

The Economic Times

Kunal Shah heads to Meta; New-age IPO playbook

Happy Tuesday! Kunal Shah has taken over as WhatsApp's chief, while Meta backs Cred in a major funding deal. This and more in today’s ETtech Morning Dispatch.

The Economic Times

UK considers forcing social media to prioritise news

Britain could impose regulations on technology companies in a bid to help trusted news broadcasters compete with streaming platforms and shift viewing habits.

AAP

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Arm servers capture over 45% of data center market revenue — GPU clusters and high-end AI infrastructure fuel a tectonic shift away from x86

Arm-based servers accounted for nearly half of server revenue in Q1 2026, challenging x86. But in the coming years, they might catch up unit wise as well.

Tom’s Hardware

In honor of our heroes, Meta says it's donating Ray-Ban glasses to legally blind veterans

Meta announced partnerships and preparations to begin donating Ray-Ban AI smart glasses to legally blind veterans.

Android Central

Kunal Shah's WhatsApp appointment underscores India's expanding Big Tech footprint

Kunal Shah, CRED founder, is set to lead WhatsApp globally, joining a distinguished line of Indian-origin tech leaders. This appointment highlights the increasing influence of Indian talent in steering major global technology firms. Recent moves include Asha Sharma at Microsoft Gaming and Rahul Patil at Anthropic, building on the legacies…

The Economic Times

Centrus Agreement Strengthens Oklo Stock’s Nuclear AI Power Thesis

Oklo reaches agreement with Centrus Energy for HALEU fuel supply starting 2029.

Barchart

Meet Kunal Shah, serial entrepreneur and Meta's pick to lead WhatsApp

Indian tech entrepreneur Kunal Shah is set to lead WhatsApp, the world's largest messaging platform, succeeding Will Cathcart. Shah, the founder of fintech unicorn CRED and pioneer of digital payments with FreeCharge, brings extensive experience in building successful tech ventures. Meta's investment in CRED and Shah's deep understanding of user…

The Economic Times

'Kunal was the clear choice': Meta's Chris Cox on WhatsApp leadership change

WhatsApp's long-serving chief, Will Cathcart, is moving to a new product development role at Meta after nearly seven years. Cred founder Kunal Shah has officially taken the reins as WhatsApp's new leader, bringing his builder mentality and global perspective to the world's largest messaging app. This transition coincides with Meta's…

The Economic Times

Who is Kunal Shah? CRED founder who sold FreeCharge for ₹2,800 crore, built CRED into a $325M fintech giant, and now set to lead WhatsApp

Kunal Shah, the visionary behind CRED, is set to lead WhatsApp globally following Meta's substantial investment. Renowned for scaling CRED and previously selling FreeCharge for ₹2,800 crore, Shah's journey from humble beginnings to a fintech titan is remarkable. He will transition from CRED's CEO to Meta's global leadership, marking a…

The Economic Times

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Barchart

1 Company, 1.4 Billion People: How Nvidia’s Record Run Has Made the Company Higher Valued Than the Entire Country of India

There's a new viral claim going around that Nvidia is worth more than India's entire economy. That's not a totally accurate comparison, but it does tell us a lot about investor confidence in the AI revolution.

The Economic Times

Who is Will Cathcart? WhatsApp leader exits after steering it through privacy battles, monetisation push

Cathcart’s departure comes at a time when WhatsApp is in the middle of a transition. Under him, the platform recently rolled out Meta’s AI assistant powered by its latest model, Muse Spark, alongside privacy-focused features such as “incognito chat” built on confidential computing infrastructure using chips from AMD and Nvidia.

The Economic Times

Cred’s Kunal Shah is WhatsApp’s new CEO

Cred founder Kunal Shah will join WhatsApp as its global head after Meta announced a nearly $900 million investment in the fintech firm. This and more in today’s ETtech Top 5.

The Economic Times

Kunal Shah named WhatsApp global CEO as Meta takes $900 million stake in Cred

Meta enters the cap table of fintech co-valued at $4.5 billion post-money; Miten Sampat is interim CEO. The funding comprises about $400 million in secondary sale of shares by existing shareholders, while the remaining $500 million will be ploughed into the company.

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International Business Times UK

The Roman Colosseum Wanted $150 Million To Host Mark Zuckerberg Vs Elon Musk Fight, Dana White Claims

Dana White disclosed that hosting a Zuckerberg-Musk fight at the Roman Colosseum would have cost $150 million, highlighting the challenges of modern events at historic sites.

International Business Times UK

The Musk-Zuckerberg Fight at the Colosseum Almost Happened: Dana White Reveals $150 Million Rome Plan

Dana White said negotiations for a UFC fight between Elon Musk and Mark Zuckerberg at the Colosseum were real, and the tech titans would have put up $150 million of their own money.

Fortune

Exclusive: Upscale AI wants to be the next Cisco—and it just raised another $190 million

The AI networking startup has now raised $500 million in under 18 months as investors bet the next infrastructure giant will emerge from the race to connect the world's AI chips.

International Business Times UK

X Offers 'Neglected Meta Employees' Better Snacks as Zuckerberg Battles a Morale Crisis

Nikita Bier's recruitment strategy at X leverages Meta's morale issues and AI talent investments, turning office snacks into a competitive advantage.

The Economic Times

11,983% profit! HFCL promoter’s Rs 10/share Jio bet may turn into Rs 5,800 crore windfall

Jio Platforms has formally kicked off its IPO journey by filing its DRHP with SEBI, highlighting the extraordinary wealth creation generated for early investors. Among the biggest beneficiaries is HFCL founder Mahendra Nahata, whose investment at ₹10 per share has appreciated nearly 121 times, translating into a staggering 11,983% valuation…

International Business Times UK

Meta Floats Bigger Snack Budget After AI Shakeup Tanks Employee Morale

Meta's CTO reveals low employee morale amid AI restructuring and layoffs. The company boosts office perks to rebuild confidence, while competitors target its workforce.

The Economic Times

As new tech shines, market takes rest on old cushions: Devina Mehra

Forget the hype around tech giants like Mag 7 and MANGOS. Current market data reveals a shift, with US small-cap and old-economy stocks like transportation surging. While semiconductors are booming due to AI investments, history warns of their cyclical nature. Investors should look beyond popular narratives, as market themes constantly…

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