Meta
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techTexas AG Sues Meta, Claims WhatsApp Encryption Is a Sham
Texas Attorney General Ken Paxton sues Meta, alleging WhatsApp misleads users about end-to-end encryption. Experts question the lawsuit's evidence.
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techMeta Enlists “Momfluencers” to Polish Child Safety Reputation
Report reveals Meta’s use of parenting influencers to promote Instagram Teen Accounts amid lawsuits over child safety failures.
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techZuckerberg Defends Layoffs of 8,000, Doubles Down on AI Spending
Meta cuts 10% of workforce, redirects thousands to AI roles in a massive strategic pivot toward superintelligence.
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techNvidia Blows Past Expectations, Shares Still Slide
Nvidia's record Q1 revenue of $81.6B beat estimates, but shares fell 1.6% as investors brace for competition and slower growth.
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techActivist Investors Target Amazon, Google, Meta Over AI Energy Usage
Shareholders demand transparency as AI boom threatens Big Tech's climate pledges, highlighting risks for investors.
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techNvidia Forecasts $91 Billion Quarter as AI Arms Race Intensifies
Nvidia projects $91B in quarterly revenue, signaling hyperscalers like Alphabet, Meta, Microsoft are accelerating AI infrastructure spending.
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techMeta Cuts 14,000 Jobs in Pivot from Metaverse to AI
Meta lays off 8,000, cancels 6,000 hires, and redirects billions to AI infrastructure, abandoning its metaverse vision.
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techMeta Lays Off 8,000 as AI Spending Surges
Meta cuts 8,000 jobs and 6,000 open roles to fund AI, signaling a strategic shift away from metaverse priorities.