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META PLATFORMS INC.
AI data-centre race builds $1 trillion lease burden for Big TechThe commitments show that a substantial part of Big Tech's AI spending spree has already been locked in, without yet appearing as debt-like...- After Meta reply to its notice, Child protection panel to probe alleged violation of rules concerning sexual contentAmid growing concerns highlighted in a BBC Eye report, the NCPCR will begin an inquiry into the contested CSEAM ads. Meta responded to the ...
- Anthropic inks $10 billion computing deal with new cloud startup Volta InfraAnthropic has secured ten billion dollars in computing capacity from Volta Infra Holdings. This deal aims to meet the growing demand for An...
- TikTok settling three teen social media lawsuits ahead of trialTikTok has agreed to settle three lawsuits concerning addictive platform designs. Young plaintiffs alleged social media platforms harmed th...
- AI isn’t a catch-all trade for stocks in this earnings seasonInvestors are becoming more selective about AI-linked stocks, rewarding companies such as Microsoft and Amazon for showing clear returns fr...
- How the quick fall from grace of a fund run by 'Nostradamus of AI' triggered a 24-hour race to salvage itLeopold Aschenbrenner's hedge fund incurred significant losses and a forced sale of investments. Billionaire Ken Griffin's Citadel acquired...
- Global Market Today: Asian stocks mixed, bonds slip after Fed decisionAsian stocks fluctuated on Thursday as semiconductor shares declined. Treasury yields reached multi-decade highs following the Federal Rese...
- Global Market Today: Oil jumps on renewed Middle East tension, US stock futures dipCrude oil prices surged and US equity futures declined following renewed Middle East conflict. American crude oil jumped nearly five percen...
- Nasdaq 100 heads for correction as AI worries rattle investorsThe benchmark reached the correction threshold in just 38 trading days, versus more than 100 sessions during its previous decline.
- Global Market Today: Asian stocks fall on AI jitters, oil extends dropAsian equities dropped as artificial intelligence spending concerns fueled chipmaker selloffs. Crude oil extended its decline, with Brent s...
- Global Market Today: Oil falls, Asian stocks rise as Iran tensions easeGlobal markets saw oil prices fall and stocks rise as US and Iran paused retaliatory strikes. The dollar weakened against peers while Treas...
- Fear and hate force Rohingya refugee schools to shut in MalaysiaRohingya children in Malaysia are now afraid to attend school after receiving threats. At least nine refugee schools have shut nationwide d...
- Global Market Today: Asian stocks fall on tech selloff, oil trades above $100Asian stocks declined following a Wall Street tech selloff and investor doubts about artificial intelligence returns. Oil prices held their...
- Tesla short sellers mint $4 billion profit as shares nosediveTesla shares plunged up to 15% after weak quarterly earnings, triggering about $4.1 billion in one-day gains for short sellers. Concerns ov...
- Global Market Today: Asian shares rise as chipmakers gain, oil climbsAsian shares advanced as regional chipmakers gained on artificial intelligence buildout expectations. Oil extended its rally after Houthi m...
- Teen plaintiff suing Meta over mental health harms drops his claims against company days before trialThe lawsuit, brought by a 15-year-old boy known as R.K.C., originally named four defendants, Google's YouTube, Meta's Instagram, Snap Inc...
- InMobi appoints JPMorgan, Jefferies for nearly $1 billion IPOThe SoftBank Group Corp.-backed firm is likely to seek a valuation of $5 billion to $6 billion in a share offering, Bloomberg News reported...
- Global Market Today: Asian stocks recover as chips rebound, oil dipsAsian stocks advanced, recovering from recent losses as chip shares stabilized. Megacap technology earnings are anticipated this week, infl...
- Meta faces Tennessee trial over allegations Instagram was designed to be addictiveTennessee accuses the company of violating the state's consumer protection law by knowingly designing a product that drives teens to compul...
- US judge won't block Meta from laying off workers who filed AI discrimination lawsuitDistrict Judge William Orrick in Oakland, California, in a written order said he would not stop Meta from carrying out the layoffs beginnin...
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