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The Latest Breaking News from Meta

Snap Specs are official, and they're a bold mash-up of Ray-Ban Metas and Apple Vision Pro — with a sky-high $2,200 price

Snap revealed its new Specs augmented reality glasses at AWE 2026. Here's what they offer.

Tom’s Guide

Snap Specs LIVE — $2,200 augmented reality smart glasses announced, along with availability and specs

Snap unveiled a consumer-facing version of its augmented reality smart glasses, called Snap Specs, at the AWE event in California today.

Tom’s Guide

Mark Zuckerberg Orders Surviving Meta Staff to Have Fun Following Brutal Job Cuts

Meta's hackathon proposal met resistance from employees still reeling from recent layoffs, highlighting tensions between company restructuring and morale.

International Business Times UK

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AI Boom Drives Fast-Tracked Approval of Natural Gas Powerplants With Little Oversight: Report

An investigation found that dozens of large natural gas power plants designed exclusively for data centers are moving through permitting processes at unprecedented speed.

International Business Times

Banned but still paid: How disinformation accounts keep monetising on Facebook

A new study shows that Facebook pages flagged more than 10 times for fake content by fact-checkers still make money off their content, including after suspension.

Euronews

As Meta Stock Pulls Back, It’s Valuation Becomes Harder to Ignore

The recent pullback has made Meta's valuation hard to ignore. Meanwhile, its ad and subscription revenue continue to grow at a healthy pace.

Barchart

Snap bets on AR glasses in post-smartphone race

Snap, the parent company of social network Snapchat, on Tuesday launched its Specs augmented reality glasses, a major bet by a struggling company to stake out ground in the post-smartphone era. Unveiled at the Augmented World Expo in Long Beach, California, the Specs are the first standalone augmented reality glasses…

The Economic Times

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Qualcomm CEO Says AI Agents Will Replace Apps As The Next Computing Platform

Qualcomm is developing more than 40 artificial intelligence-powered device designs spanning multiple wearable categories, according to CEO Cristiano Amon.

International Business Times

UFC 250’s Guest List At The White House Tells Us Everything We Should Know About 2026

America is turning 250, and what better way to celebrate than a battle of the brawn on the White House lawn? Celebs from every walk of fame showed up, some raising more eyebrows than others. Read the full article to see who showed up, who said 'no thanks,' and who…

Bored Panda

Trump's unusual stock frenzy: Portfolio shows 3,600 trades in 90 days

Trump's investment accounts saw thousands of trades totaling hundreds of millions of dollars between January and March. This feverish activity, dominated by tech stocks, has drawn scrutiny from lawmakers and ethics experts over potential conflicts of interest, though the Trump Organization denies the president's direct involvement.

The Economic Times

Investors look beyond the 'Magnificent 7' as Wall Street embraces the 'FAB 10'

SpaceX's record-breaking market debut has pushed Wall Street to widen its favourite shorthand of the so-called 'Magnificent 7', with strategists folding Elon Musk's firm, OpenAI and Anthropic into a new 'FAB 10' label that captures the next phase of the AI trade.

Euronews

Fast-tracked power plants fuel AI boom, with little public scrutiny

New power plants are being built at an unprecedented speed to meet the growing demand of tech companies. These facilities, often fueled by natural gas, are being approved with minimal public notice and environmental review. Residents are raising alarms about potential health and climate impacts. This trend is reshaping energy…

The Economic Times

Meta Humiliated in Court Over Claims It Mass-Downloaded 2,300 Pirated X-Rated Movies to Train Its AI

Meta is embroiled in a lawsuit over claims it illegally downloaded adult films to train AI models, with a judge allowing the case to proceed, intensifying scrutiny on tech data practices.

International Business Times UK

Nvidia Plans Massive $20 Billion Debt Offering to Fuel AI Expansion

Nvidia is returning to the U.S. investment-grade bond market for the first time since June 2021, when it raised $5 billion through a debt offering.

International Business Times

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Barchart

Nebius Stock Gets a Boost From Nasdaq-100 Inclusion. What to Know.

Nebius stock rallies ahead of inclusion in the Nasdaq-100 index on June 22. Here’s why NBIS shares are worth owning in 2026.

Barchart

Famed Short Seller Jim Chanos Calls SpaceX IPO Fueled by Hopes and Dreams, Not Reality

Famed short seller Jim Chanos criticized the SpaceX IPO just days before, calling the ~$1.75 trillion valuation at $135 per share driven more by “hopes and dreams” than realistic financial assumptions.

Barchart

Meta Is Unwinding Its $2 Billion Deal With Manus. What That Means for META Stock.

Meta stock inches down as the company begins unwinding Manus acquisition. Here’s how you should play META shares following the announcement.

The National (Scotland)

Keir Starmer's social media ban 'about saving his own skin', charity boss says

KEIR Starmer’s ban on social media for everyone under 16 is not supported by experts or evidence but is being done to save his own skin, according…

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International Business Times UK

Meta's 8000 Layoffs: Unhappy Staff Hope To Be Axed Despite Record Profits

Meta is cutting 8,000 jobs despite record profits, causing employee frustration. The layoffs coincide with heavy AI investment, raising concerns about company priorities and job security.

International Business Times UK

Fired by Meta, Then Detained by ICE: Ex-Colleagues Raised Alarm Over Missing Worker

A Meta-linked worker's detention by ICE has sparked internal discussions on immigration enforcement and the vulnerability of support staff in tech industry labour networks.

Barchart

Meta Leases Massive Data Center From Reliance to Boost AI Infrastructure. All That Money Is Buying Muscle for META Stock.

Meta Platforms is planting a bigger flag in India as its AI spending climbs into the hundreds of billions.

International Business Times

UK Bans Social Media Use For Anyone Younger Than 16

The British government announced age restrictions for social media, saying that platforms disrupt childhoods and are designed to be addictive.

AAP

UK bans under-16s from using social media apps including TikTok and YouTube

Prime Minister Keir Starmer said Britain will ban children under 16 from using social media apps like Snapchat, TikTok, and YouTube from early next year

International Business Times UK

After Axing 8,000 Jobs, Mark Zuckerberg Admits Meta 'Made Mistakes' In AI Overhaul

Meta CEO Mark Zuckerberg admits to mistakes in the company's AI transition, following major restructuring and job cuts. He reassures employees of stability while planning further AI investments.

International Business Times UK

'It's Literally the Gulag': Furious Meta Employees Speak Out on 'Soul-Crushing' AI Jobs

Meta Platforms is facing employee unrest as it cuts jobs and expands its AI unit, with workers expressing dissatisfaction over new roles and intrusive monitoring practices.

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