Meta Platforms is planning sweeping layoffs that could affect 20% or more of the company, three sources familiar with the matter have said, as Meta seeks to offset costly AI infrastructure bets and prepare for greater efficiency brought about by AI-assisted workers. No date has been set for the cuts and the magnitude has not…
So potentially fraught is the outcome that Mark Zuckerberg, the billionaire co-founder and chief executive of Meta, which owns Instagram, Facebook and WhatsApp, appeared in person to defend his platforms. It was the first time he had ever given such testimony before a court, despite his company being sued hundreds of times in the past.
AI rivals will be allowed on WhatsApp for a year, Meta Platforms said, aiming to head off a possible temporary order from EU antitrust regulators after complaints from competitors shut out of the messaging service. The European Commission, the EU’s competition enforcer, last month threatened interim measures to prevent potential serious and irreparable harm to…
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc., displays an AMD Instinct MI455X GPU during the 2026 CES event in Las Vegas, Jan. 5, 2026. Bloomberg | Bloomberg | Getty Images A week after Meta committed to using millions of Nvidia’s processors to power its AI expansion, the social media company…
Meta Platforms plans to release its first smartwatch this year, The Information reported on Wednesday, citing two people familiar with the matter. The company has revived its “Malibu 2” smartwatch project, the report said, adding that the device, set for release later this year, will feature health tracking and a built-in Meta AI assistant. Meta…
Meta is preparing a new push into the wearables market by reviving its long-rumoured smartwatch project. According to The Information, the initiative (internally codenamed “Malibu 2”) is slated for release later this year. The device is expected to integrate Meta AI alongside standard health-tracking features, positioning it as a direct competitor to the Apple Watch…
Meta CEO Mark Zuckerberg said in a Wednesday court testimony that he reached out to Apple CEO Tim Cook to discuss the “wellbeing of teens and kids.” The comments came after the defense lawyer Paul Schmidt pointed to an email exchange between Zuckerberg and Cook from February 2018. “I thought there were opportunities that our…
Meta Platforms, TikTok and YouTube will face courtroom scrutiny this week over allegations that their platforms are fuelling a youth mental health crisis, as a debate about kids’ screen time enters a new phase. The trial in California is a test case for thousands of other lawsuits seeking damages for social media harms, in a…
Meta CEO Mark Zuckerberg wears the Meta Ray-Ban Display glasses, as he delivers a speech presenting the new line of smart glasses, during the Meta Connect event at the company’s headquarters in Menlo Park, California, U.S., Sept. 17, 2025. Carlos Barria | Reuters Meta is acquiring artificial intelligence wearable startup Limitless, the companies said Friday….
Jensen Huang, NVIDIA founder and CEO, has a Q&A session at a press conference during the APEC CEO summit on October 31, 2025 in Gyeongju, South Korea. Woohae Cho | Getty Images News | Getty Images Nvidia shares fell on Tuesday after The Information reported that Meta is considering using chips designed by Google. Shares…
