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META FINANCIAL RESULTS
US stocks: Musk's SpaceX prices record $75 billion IPO at $135 a shareSpaceX has priced its record-breaking U.S. IPO at $135 per share, raising $75 billion and valuing the company at $1.77 trillion. This makes...- SpaceX’s IPO success may rub off on AmbaniInvestor interest in major tech offerings remains strong. Mukesh Ambani's Jio Platforms is preparing for a significant IPO in India. Howeve...
- Reliance Industries-led consortium wins bid for 101-acre Mumbai slum redevelopment projectA Reliance-led consortium has secured the bid for the massive Juhu Galli slum redevelopment in Mumbai. This project will build over 28,000 ...
- Epstein accusers face relentless harassment; threats and intimidation escalate after identities exposed in Justice Department filesVictims of Jeffrey Epstein face severe threats and harassment. Their identities were exposed in government files, leading to online abuse a...
- Apollo wraps up $35 billion debt to buy AI chips for AnthropicThe package, one of the biggest private credit transactions in history, highlights the race by top-tier financiers to fund data center cons...
- Alphabet stock price jumps as Google parent plans $80 billion fundraising for AI expansionAlphabet stock price remained in focus after Google parent Alphabet announced plans to raise up to $80 billion to expand artificial intelli...
- 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...
- SpaceX needs to get to $5 quadrillion to rival mag seven magicUpcoming trillion-dollar IPOs from SpaceX, OpenAI, and Anthropic are set to redefine market valuations, asking investors to wager heavily o...
- Social media companies pay $27 million to settle Kentucky school district's lawsuit over social media harms, records showMeta settled the case brought by Breathitt County School District on May 21, a few weeks before a planned June trial, following earlier set...
- Quote of the Day by Vincent Van Gogh: "The beginning is perhaps more difficult than anything else, but..."Quote of the Day: Starting new ventures often feels uncertain and overwhelming. World's greatest painter, Vincent van Gogh's words remind u...
- Over 114,000 jobs cut in tech so far in 2026 as AI drives layoffs at Amazon, LinkedIn, othersTech companies are implementing significant workforce reductions, with 114,210 roles cut in early 2026, driven by AI and automation. Major ...
- Top-level rejig hits mid-cap ITs; Fintechs wary of RBI wallet rulesHappy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Mo...
- CEOs are getting ruthless about worker performanceCorporate leaders are increasingly prioritizing results over employee comfort, with CEOs like Unilever's Fernando Fernandez demanding "volu...
- The AI blindspot: Layoffs are piling up, but where are the returns?Companies are cutting jobs to fund AI, but this strategy may not work. A global survey shows that reducing staff does not guarantee better ...
- New Mexico seeks $3.7 billion, changes to Meta platforms in youth harm trialNew Mexico is suing Meta Platforms, accusing it of harming young users. The state wants a judge to declare Meta's Facebook, Instagram, and ...
- Meta faces New Mexico trial that could force changes to Facebook, other platformsA New Mexico trial could force Meta to overhaul its social media platforms. The state accuses Meta of addicting young users and failing to ...
- Meta’s Q1 earnings show AI driving engagement, ad gains across platformsMeta's AI advancements are boosting user engagement and ad revenue significantly. Higher video consumption on Instagram and Facebook, coupl...
- Facebook, Instagram, WhatsApp to undergo massive changes? Here's what Meta's latest court trial could doFacebook, Instagram, WhatsApp parent Meta said in court filings New Mexico plans to ask for $3.7 billion in damages to fund a 15-year menta...
- US Stock Market: Meta raises $25 billion via bond sale to fund AI expansionMeta Platforms has secured $25 billion in investment-grade bonds to fuel its aggressive expansion in artificial intelligence infrastructure...
- Meta shares fall on concerns over AI spending, legal scrutinyMeta Platforms is significantly increasing its investment in artificial intelligence infrastructure. This comes as the social media giant f...
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