Meet Mahmoud Felfel and Hammad Syed, two Egyptian founders who built a text-to-speech tool; their voice AI startup was later acquired by MetaMahmoud Felfel and Hammad Syed are the founders of PlayAI. Both of them Egyptian entrepreneurs who had previously worked at Dubai-based cla...
24 Oct, 2026, 05.58 PM IST
Explained: Why is Meta creating a new class of non-voting shares amid its AI growth?Meta plans to create a new class of publicly traded non-voting stock, known as Class C shares, and distribute one Class C share for each ex...
23 Oct, 2026, 07.00 PM IST
Steep bill for AI buildout punishes Meta, other tech favoritesInvestors sold shares of Meta Platforms and a wealth of companies central to the AI trade, a day after Meta -- one of the so-called hypersc...
23 Oct, 2026, 12.47 AM IST
Meta stock price: Why are Meta shares down today? Facebook, Instagram parent may witness USD 50 billion wipe out from company's market value despite strong quarterly revenueMeta share price: Facebook, Instagram parent is spending heavily to support its AI plans, with an expected annual capital expenditure forec...
22 Oct, 2026, 06.14 PM IST
Meta falls as investors balance Muse growth with rising AI costsShares of Meta Platforms fell about 3% in premarket trading on Thursday, as investors weighed the benefits of the company's fast-growing AI...
22 Oct, 2026, 06.09 PM IST
87 million Facebook users & political targeting: What was the Cambridge Analytica scandal that is back in focus as Meta faces a $25 billion hitMeta Platforms has been ordered to pay $25 billion for misleading consumers about data privacy in New Mexico. The ruling follows a jury fin...
22 Oct, 2026, 05.59 PM IST
Meta falls as investors balance Muse growth with rising AI costsShares of Meta Platforms declined in premarket trading as investors evaluated costs against growth in the AI sector and faced legal hurdles...
22 Oct, 2026, 05.45 PM IST
Akash Ambani takes centre stage as Jio IPO shines a spotlight on Reliance’s next generationIn a significant chapter for Jio Platforms, Akash Ambani is stepping into a leading role with the company preparing for an IPO. The event s...
22 Oct, 2026, 04.14 PM IST
X Community Notes 'failed' to flag US election falsehoods, study saysA crowd-sourced verification system used by Elon Musk's X failed to flag a vast majority of false claims related to the US midterm election...
22 Oct, 2026, 08.40 AM IST
Meta strikes deal to keep Mark Zuckerberg in California after wealth tax concernsBy Carlos Me- Meta Platforms has struck a deal with Mark Zuckerberg to keep him living in California after the CEO warned he was considerin...
22 Oct, 2026, 08.00 AM IST
Global Market Today: Asian stocks mixed as oil rally, AI concerns weigh on sentimentContracts for the Nasdaq 100 Index slipped 0.6% and those for the S&P 500 dropped 0.4% in early Asian trading following a split set of resu...
22 Oct, 2026, 06.27 AM IST
Meta stock: Facebook, Instagram parent stock price rises after tech giant announces new types of shares. All you may want to knowMeta posted diluted earnings per share of $3.83 in the quarter, a figure that would have been $7.40, had it not been for a $9.89 billion ch...
22 Oct, 2026, 02.28 AM IST
Meta raises AI spending forecast to $145 billion, plans new share issue; Q3 revenue beats estimatesMeta raised its 2026 capital expenditure forecast to $135 billion-$145 billion to accelerate AI expansion and announced plans for non-votin...
22 Oct, 2026, 01.42 AM IST
Meta ordered to pay New Mexico $25 billion after jury finds it deceived Facebook users about privacyJurors in September found Meta liable for over 43 million violations of New Mexico consumer protection laws when a political consulting fir...
21 Oct, 2026, 11.00 PM IST
Rs 30,213 crore, 100 minutes, Rs 2.5 lakh crore: How Jio IPO broke 3 records even before listingReliance Industries’ Jio Platforms has set new IPO records, with its Rs 30,213 crore issue becoming India’s largest-ever public offering an...
21 Oct, 2026, 01.01 PM IST
Jio IPO: Meta, Google sit on nearly ₹1 lakh crore paper profit & neither is sellingMeta Platforms and Google are poised to realize significant gains from their Jio investment made in 2020. To bolster its growth, Jio Platfo...
16 Oct, 2026, 09.44 AM IST
Jio IPO Bonanza: How global investors’ stakes have grown since 2020Meta-backed Jaadhu Holdings, which acquired a 9.98% stake in Jio Platforms for around Rs 43,574 crore in 2020, now holds shares valued at a...
16 Oct, 2026, 06.05 AM IST