Social media
Mark Zuckerberg comes to his senses on metaverse spending, and we’re thrilled
Is the “year of efficiency” Mark Zuckerberg back at Meta Platforms ? Shares of the social media giant rallied more than 5% to $676 each at Thursday’s highs after Bloomberg reported that Zuckerberg is set to reduce metaverse spending up to 30%. The metaverse group, which works on the company’s virtual “Horizon World” environment and […]
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Meta stock climbs 4% on report of planned metaverse cuts
Meta CEO Mark Zuckerberg has repositioned the social media giant as an AI company. Vincent Feuray | AFP | Getty Images Meta Platforms shares popped about 4% higher on Thursday after Bloomberg reported that CEO Mark Zuckerberg was looking to make significant cuts to the company’s metaverse resources. Bloomberg said that executives have considered budget […]
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Truth Social operator Trump Media settles legal dispute with co-founders
Trump Media said on Tuesday that it had reached an “amicable settlement” of a legal dispute with the co-founders of the social media company, which operates the Truth Social app. Trump Media did not provide details of that settlement with United Atlantic Ventures, the partnership of Trump Media’s co-founders, Andy Litinsky and Wes Moss. Litinksy […]
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Sabrina Carpenter blasts Trump admin for ‘evil’ ICE video that uses her song ‘Juno’
Sabrina Carpenter performs during her “Short n’ Sweet” tour at Madison Square Garden on October 26, 2025 in New York, New York. Kevin Mazur | Getty Images Pop star Sabrina Carpenter on Tuesday blasted the Trump administration for using her hit 2024 song “Juno” as the soundtrack for a TikTok video showing Immigration and Customs […]
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Meta’s Instagram orders employees back to the office 5 days a week
Instagram has installed a new privacy setting which will default all new and existing underage accounts to an automatic private mode. Brandon Bell | Getty Images Instagram will require U.S.-based employees to work five days a week in an office, Meta confirmed on Monday. The new return-to-office policy will take effect on Feb. 2 and […]
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Musk’s xAI to close $15 billion funding round in December: sources
Elon Musk attends the U.S.-Saudi Investment Forum in Washington, D.C., U.S., November 19, 2025. Evelyn Hockstein | Reuters Elon Musk’s artificial intelligence startup xAI is expected to close a $15 billion round at a $230 billion pre-money valuation next month, sources familiar with the matter told CNBC’s David Faber. The deadline for allocation is the […]
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OpenAI temporarily blocked from using ‘Cameo’ after trademark lawsuit
OpenAI will not be allowed use the word “cameo” to name any products or features in its Sora app for a month after a federal judge placed a temporary restraining order for the term on the AI startup. U.S. District Judge Eumi K. Lee granted a temporary restraining order on Monday, blocking OpenAI from using […]
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Meta halted internal research suggesting social media harm, court filing alleges
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during a dinner with tech leaders in the State Dining Room of the White House in Washington, DC, US, on Thursday, Sept. 4, 2025. US President Donald Trump said he would be imposing tariffs on semiconductor imports “very shortly” but spare goods from companies like Apple […]
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Google launches Nano Banana Pro, an updated AI image generator powered by Gemini 3
Sopa Images | Lightrocket | Getty Images Google on Thursday rolled out Nano Banana Pro, its latest image editing and generation tool, continuing the company’s momentum after launching its new Gemini artificial intelligence model earlier this week. The product is built on Gemini 3 Pro, which was announced on Tuesday and contributed to record-breaking stock […]
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Nvidia says there’s ‘no assurance’ of final agreement with OpenAI despite $100 billion pact
Two months ago Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman stood side by side in San Jose, California, to announce a historic agreement between the two leaders in artificial intelligence. Nvidia would invest $100 billion over a number of years, starting in 2026, as OpenAI’s AI supercomputing facilities come online, the duo said. […]
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