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Mark Zuckerberg Doubles Down on AI Investments: “The Returns Are Already Showing”

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Meta CEO Mark Zuckerberg has once again defended the company’s aggressive push into artificial intelligence, saying that heavy spending now will drive massive long-term gains for the tech giant. During Meta’s third-quarter earnings call, Zuckerberg addressed the company’s soaring AI expenditures — including a $14.3 billion investment in Scale AI — part of a broader […]

Meta Slashes 600 Jobs in AI Division as Alexandr Wang Strengthens Control Over Company’s Artificial Intelligence Vision

Meta Slashes 600 Jobs in AI Division as Alexandr Wang Strengthens Control Over Company’s Artificial Intelligence Vision

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Meta is laying off around 600 employees from its artificial intelligence division as part of a major restructuring aimed at streamlining operations and accelerating innovation. A company spokesperson confirmed that the move is part of CEO Mark Zuckerberg’s broader plan to make the organization leaner and more efficient. The job cuts were announced in a […]

From Dropout to Design Mogul: How Dylan Field Built Figma Into a $70B Powerhouse

Tesla Misses Earnings, Meta Slashes Jobs, and U.S. Tightens Oil Sanctions on Russia — Your Morning Market Brief

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1. Tesla Hits a Speed Bump All eyes were on Tesla yesterday as it kicked off the new earnings season among the “Magnificent Seven” tech giants. Despite a slight recovery in revenue after two declining quarters, earnings per share fell short of market expectations due to rising capital expenditures. During the company’s earnings call, Elon […]

Tesla Fights $243M Autopilot Crash Verdict, Seeks Dismissal or New Trial

EU Accuses TikTok and Meta of Violating Transparency Rules Under Landmark Tech Law

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The European Commission, which serves as the executive branch of the European Union, announced on Friday that it has preliminarily found Meta and TikTok in breach of key transparency requirements set under the Digital Services Act (DSA) — the EU’s groundbreaking technology regulation. According to the Commission, the two U.S.-based tech giants failed to provide […]

TikTok Faces U.S. Blackout as Commerce Chief Demands American Control Over App

Meta Shuts Down Facebook Group Accused of Targeting ICE Agents After DOJ Pressure

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Meta has taken down a Facebook group in Chicago that was allegedly being used to dox and target U.S. Immigration and Customs Enforcement (ICE) agents, following outreach from the Department of Justice (DOJ). Attorney General Pam Bondi announced the takedown on X, emphasizing that the DOJ will “continue engaging with tech companies to remove platforms […]

AI Turbocharges Big Tech’s Ad Revenue, While Smaller Players Struggle to Keep Pace

Shaq & Sam Altman-Backed Startup Campus Names Ex-Meta AI Chief Jerome Pesenti as CTO After Sizzle AI Acquisition

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Campus, the fast-growing college startup backed by Sam Altman and NBA legend Shaquille O’Neal, has appointed Jerome Pesenti, Meta’s former Vice President of Artificial Intelligence, as its new Chief Technology Officer. As part of the deal, Campus will acquire Sizzle AI, Pesenti’s personalized learning platform, for an undisclosed amount. Sizzle AI already serves more than […]

Trump’s $100K H-1B Visa Fee: What It Means for Tech, Finance, and Skilled Workers

California Passes Landmark AI and Social Media Laws Aimed at Protecting Kids — What It Means for Big Tech

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California Governor Gavin Newsom has signed a sweeping set of bills into law, making the state the first in the U.S. to enforce strict safeguards on AI chatbots and social media platforms in a bid to protect children online. “We can continue to lead in AI and technology, but we must do it responsibly — […]

Report Reveals Meta’s Ties With National PTA Amid Rising Concerns Over Child Safety

Instagram Adopts PG-13 Rules to Shield Teen Users from Adult Content

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Meta has announced new safety measures on Instagram that restrict what teenage users can view, aligning content guidelines with PG-13 movie standards. Under the updated rules, Instagram will limit exposure to accounts that share sexualized material or content related to drugs and alcohol. Posts containing explicit language will no longer appear in recommendations for teens, […]

Instagram’s New Map Feature Sparks Privacy Panic Over Location Sharing

Instagram Hits 3 Billion Monthly Users, Joining Facebook and WhatsApp at the Top

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Instagram has officially surpassed 3 billion monthly active users, according to Meta CEO Mark Zuckerberg. Celebrating the milestone, Zuckerberg shared on his Instagram channel, “What an incredible community we’ve built here.” This achievement marks a significant moment for the photo and video-sharing app, which was acquired by Meta in 2012 for $1 billion. The last […]

Report Reveals Meta’s Ties With National PTA Amid Rising Concerns Over Child Safety

Trump’s $100K H-1B Visa Fee: What It Means for Tech, Finance, and Skilled Workers

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WASHINGTON — President Donald Trump has announced a dramatic change to the H-1B visa program, raising the fee for employers to $100,000 per application, a steep increase from the previous $2,000–$5,000 range. The new policy, effective immediately, requires companies to provide payment proof before filing an H-1B petition. Petitions will remain restricted for 12 months […]

Big Tech Soars: Google Antitrust Win, Apple Boost & $10B AI Deals Drive Market Value to $21 Trillion