Meta Platforms
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techEU Escalates Probe Into Meta's Addictive Design, Raising the Specter of a $7 Billion Fine
European regulators are moving toward preliminary findings that Facebook and Instagram use addictive features to hook users, especially children, under the Digital Services Act. A potential fine of up to 6% of global turnover looms.
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techOriginal Investors Negotiate $2 Billion Buyback of Manus AI From Meta
Chinese investors are repurchasing AI startup Manus from Meta for $2 billion following a government-mandated divestiture, despite the company quadrupling revenue since acquisition.
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techMeta Raises Capex to $145B for Superintelligence Amid Stock Dip
Meta reported $56.3B Q1 revenue but shares fell after raising capex guidance to $145B for AI infrastructure. The pivot impacts energy markets and signals potential stablecoin integration.
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cryptoProShares Accelerates MANGOS ETF Filings Amid Surging AI Investment Demand
ProShares filed four MANGOS ETFs in 72 hours, targeting Meta, Nvidia, and SpaceX. The move signals sustained institutional confidence in capital-intensive AI infrastructure.
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techCoreWeave Joins Nasdaq-100 Index Following Rapid Post-IPO Growth
GPU cloud provider CoreWeave enters the Nasdaq-100, triggering mandatory ETF buying. The move follows a massive Meta deal and strong revenue projections.
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techJudge Denies New Trial for Google and Meta in Youth Addiction Case
A California judge upheld a $6 million verdict against Google and Meta, ruling Section 230 does not shield harmful platform design choices affecting youth mental health.
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financeMeta Eyes $125B Equity Raise Following Record Alphabet Sale for AI War Chest
Meta Platforms is considering a multi-billion dollar share sale, following Alphabet's $85 billion record, to fund an AI-driven capex surge to $145 billion.
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techMeta Eyes Major Stock Sale to Fund AI Infrastructure Race
Meta explores a multi-billion dollar equity offering for AI expansion, following Alphabet's $85 billion raise as big tech competes for capital.