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META AI ACQUISITION
Elon Musk Net Worth: From $788,800,000,000 today to a possible $1,000,000,000,000 after SpaceX IPO— How much would each of his 14 children get?Elon Musk Net Worth June 2026: According to Forbes, Elon Musk’s fortune stood at approximately $788.8 billion on June 8, 2026. Some project...- India's new drama is about the fight for your 1-minute attentionIndia streaming platforms microdramas: Platforms are rapidly adopting microdramas, short, vertically shot melodramas. These bite-sized show...
- China adds data and AI to trade secret rules to block leaksEffective Monday, the Regulations on Trade Secret Protection mark the first time Chinese law protects such digital assets as proprietary se...
- China tightens oversight of overseas investments amid tech rivalry with USChina has introduced new rules to tighten control over overseas investments. This directive aims to enhance national security reviews for c...
- Oracle to complete 30,000 job cuts by June 15: What's the reason, which team is impacted the most and what Oracle workers could be giving up when they sign severance agreementsOracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despi...
- China toughens rules on outbound investment after Meta-Manus contentionThe rules, published by the State Council, or cabinet, will take effect from July 1. One of the most significant requires authorisation fo...
- Meta plans AI pendant, 'wearables for work' in hardware boost: ReportThe Facebook and Instagram owner plans to significantly expand its selection of AI glasses and add a business-focused service called "Weara...
- Mark Zuckerberg's philanthropic venture unveils AI world model for drug discoveryBiohub, a venture by Mark Zuckerberg and Priscilla Chan, has launched a protein biology world model. This advanced AI tool aims to speed up...
- China expands travel curbs to top AI talent at private firmsChina is now restricting top AI professionals in private companies from traveling abroad. This move aims to protect its advanced technology...
- New York, California pension leaders oppose 'extreme' SpaceX control structureUS pension funds are raising significant red flags regarding SpaceX's imminent entry into the stock market. Leaders from California and New...
- AI cloud firm Nebius reports near eightfold revenue jump, shares surgeNebius Group reported an impressive revenue increase to $399 million, marking an almost eightfold rise driven by soaring demands for AI inf...
- Tech companies tap debt markets to fund AI and cloud expansionLast month, Alphabet, Amazon, Microsoft and Meta signaled that spending on AI would not slow down, with the tech giants' combined spending ...
- InMobi acquires AI platform MobileAction to drive growth in iOS ecosystemInMobi, a Softbank-backed firm, has acquired MobileAction. This move strengthens InMobi's presence in Apple's iOS advertising space. Mobile...
- Pinterest forecasts upbeat quarterly revenue on resilient ad spending, shares surgePinterest anticipates strong second-quarter revenue, exceeding analyst expectations. The image-sharing platform's shares surged on the news...
- Meta acquires robotics company Assured Robot Intelligence to help build humanoid technologyMeta has acquired Assured Robot Intelligence, a startup specialising in AI models for robots, to bolster its humanoid technology initiative...
- Meta stock price, earnings and capital spending forecast: Meta revenue, layoffs, workforce changes, China deal setback, future outlook and investor concernsMeta stock price, earnings and capital spending forecast stayed in focus after Meta raised its capital spending outlook and reported strong...
- Meta lifts capital expenditure forecast, doubling down on AI pushMeta Platforms is significantly increasing its capital expenditure forecast to between $125 billion and $145 billion by 2026, doubling down...
- Blocking of Meta's AI startup buy raises risk for cross-border China tech dealsChina has blocked Meta's acquisition of AI startup Manus. This move signals increased risk for global investors in advanced tech firms link...
- Meta to backtrack acquisition of AI firm Manus after China block: reportMeta is reportedly reversing its acquisition of AI startup Manus. China has banned the deal, citing national security. The AI agent was fou...
- China orders Meta to unwind $2 billion buy of AI startup ManusChina's top economic planner has blocked Meta's acquisition of AI startup Manus, citing a prohibition on foreign investment in the project....
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