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The Latest Breaking News from Meta

Social media firms cast doubt on effectiveness of Starmer’s social media ban

Leading tech firms warned that a blanket ban on social media for under-16s could drive them into unregulated online spaces.

Evening Standard

Meta to Follow Alphabet's Footsteps? What an Equity Raise Could Mean

After Alphabet's large equity funding round, see what an equity raise could mean for Meta Platforms as both firms rabidly pursue AI growth.

MarketBeat

BBC Layoffs: Around 2,000 jobs at risk as broadcaster plans 10% cost cuts; Who may lose their jobs and why

BBC Layoff 2026: The BBC is preparing to cut approximately 2,000 jobs, equivalent to around 10% of its workforce costs, as part of a wider plan to reduce spending by £500 million over the next two years. The broadcaster's news division is expected to be among the hardest hit, with…

The Economic Times

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SpaceX FOMO Hits Investors After Record IPO: These 3 AI Stocks Offer Better Value

A Motley Fool analyst believes Amazon, Meta, and Nebius offer better long-term AI investment opportunities than SpaceX, despite its record-breaking IPO debut.

International Business Times UK

Gina Rinehart makes ‘significant investment’ in Elon Musk’s SpaceX

Australian billionaire says investment reflects her confidence in world’s first trillionaire after his record-breaking IPO

The Guardian - AU

Trump celebrates 80th birthday with Iran deal and UFC cage fight on the White House South Lawn

Trump delayed his attendance to the French region of Evian where leaders of the Group of Seven – or G7 – are set to meet to host his UFC fight birthday event.

Euronews

Big-name celebrities were invited to Trump’s UFC White House event. Very few turned up

Adam Sandler, Guy Ritchie and Tom Brady were rumored to be invited by UFC boss Dana White, but they appeared to snub the unprecedented birthday bash

The Independent UK

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Trump celebrates 80th birthday with Iran peace deal and White House cage fights

British boxing star, Tyson Fury, was among the guests in Washington, wearing a Donald Trump for prime minister baseball hat.

Evening Standard

‘I lost my job to AI’: 24-year-old Meta data scientist says layoff was more relief than pain, big tech jobs are no longer safe

Layoff news: A 24-year-old Meta data scientist, Moyan Chen, believes AI contributed to her layoff after less than a year. The experience has led her to question the security of big tech jobs and rethink her career path, recognizing AI's profound impact on the future of work.

The Economic Times

Social media is stealing our kids' lives. We need to steel ourselves

The emotions of teens blocked from social media are real.

The Canberra Times

Why is the UK launching an ‘Australia plus’ social media ban and how will it work?

Government wants to back parents against tech companies though some feel the process has been rushed

The Guardian - UK

Corning’s Amazon Deal Validates the AI Optics Boom. What That Means for GLW Stock.

Corning’s latest Amazon agreement strengthens the case that fiber optics demand is becoming a major AI infrastructure growth driver.

Barchart

Amazon says its data centers consume only 0.075% of the water Americans use for watering their lawns and gardens — company also boasts of its improvements in water efficiency

Amazon says that it uses 2.5 billion gallons of water annually for data center cooling but compares it to the 3.3 trillion gallons of water used for watering lawns and gardens in the U.S. every year.

Tom’s Hardware

Two phones and an app: How Russians skirt Putin's digital iron curtain

Since the Kremlin ratcheted up control over the internet this year, Russians have been turning to increasingly convoluted technical solutions to circumvent state monitoring and restrictions on popular foreign apps like Meta Platforms' WhatsApp and the Telegram messenger.

The Economic Times

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The Economic Times

Mag 7? MANGOS? SpaceX forces name rethink on Wall Street's tech-stock moniker

SpaceX's massive $2 trillion IPO has challenged the 'Magnificent Seven' moniker, as its valuation now surpasses Tesla and Meta. With other tech giants like OpenAI and Anthropic poised for public debuts, market strategists are scrambling for new labels. While some propose 'MANGOS' or 'Magna Atoms', others believe the 'Magnificent Seven'…

Barchart

TSMC Revenue Surges 30% in May on Relentless AI Demand. TSM Stock Is Still Undervalued Here.

The world's most important chipmaker just gave investors another reason to believe the AI boom is far from over.

Barchart

Amazon Just Made Its Graviton5 Processor Generally Available to Customers. What This Means for AMZN Stock.

Amazon's Graviton5 processor can advance its custom silicon strategy designed to deliver better performance and lower costs for AWS workloads and AI infrastructure.

Barchart

Nvidia CEO Jensen Huang Isn’t Worried About the Chip Rout. The Numbers Back Him Up on NVDA Stock.

Huang views the ongoing semiconductor selloff as a prime buying opportunity.

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news in one place.

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Barchart

Why Wells Fargo Is Warning That Surging AI Token Costs Is a Death Knell for Hyperscaler Stocks Like Meta and Microsoft

As AI token costs surge, Wells Fargo warns that hyperscalers like Meta and Microsoft could face growing pressure on the very technology driving their explosive growth.

The Economic Times

SpaceX IPO: Biggest Initial Public Offering in U. S history draws new grouping name at Wall Street. Check latest social media offerings

SpaceX IPO has set off a race to devise the next cool acronym. These groupings are not formal market categories, but shorthand labels coined by strategists.

The Economic Times

Mark Zuckerberg says Meta made 'mistakes' in AI workforce shift

Meta's chief Mark Zuckerberg admits the company made errors during its AI shift. He is investing heavily in artificial intelligence to reshape Meta's operations. Zuckerberg assures employees there will be no more company-wide layoffs this year. He is focused on providing organizational stability. Meta will also increase team-building initiatives and…

International Business Times UK

'Am I Hacked?' Mass Logout Sparks Panic During Facebook, Messenger Outage; Meta Silent on Cause

A widespread Facebook and Messenger outage triggered mass logouts worldwide, leaving users fearing hacked accounts as Meta Platforms offered little explanation beyond acknowledging disruptions

International Business Times UK

Why is Instagram Down Today? What We Know So Far

A global outage affected Facebook and Instagram, leaving users locked out and frustrated. The disruption coincides with geopolitical tensions involving Iran's threats against US tech companies.

International Business Times

Meta Begins Unwinding $2 Billion Manus Deal After Beijing Orders Breakup

Meta has reportedly completed an operational separation from Manus and halted data sharing between the two companies as it works to comply with a directive issued by Chinese authorities.

The Guardian - UK

UK to ban under-16s from ‘high risk’ social media apps

Measures to include restrictions on ‘safe’ social media apps, with some fearing banning some platforms and not others will lead to legal challenges

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People

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