META
How this man, who failed to crack IIT & faced Microsoft rejection, landed a job at Google & then a high-paying role at Meta in London
The story of Amit Dutta highlights how failure in competitive exams like IIT does not define one’s future. After failing to clear the IIT entrance in 2018 and facing further setbacks such as a Microsoft internship rejection, he chose to focus on building his skills and improving consistently. His persistence led to a full-time role at Google in 2022 and later a high-paying opportunity at Meta in London. His journey from a lesser-known college to global success has gone viral, offering an inspiring message to students that resilience, hard work and self-belief matter more than a single exam outcome.
Meta layoffs: 16,000 jobs on the line as Mark Zuckerberg plans major cuts in looming workforce shake-up
Meta is set to cut 16,000 jobs soon. The first phase begins May 20, affecting 8,000 workers. This major restructuring follows the company's strong push into Artificial Intelligence. Mark Zuckerberg's firm is reshaping its workforce for a more automated future. Other companies like Disney and Oracle are also undertaking significant layoffs.
Meta targets May 20 for first wave of layoffs; additional cuts later in 2026
The Facebook and Instagram owner will lay off about 10% of its global workforce, or close to 8,000 employees, in that initial round.
Australian tycoon battles Meta over fake ads
Australian mining magnate Andrew Forrest is suing Meta in a US court. He claims Meta should be responsible for scam advertisements featuring his image. Forrest's legal team is challenging Meta's protection under Section 230 of the Communications Decency Act. This legal battle could set a precedent for social media accountability. A judge's ruling is expected soon.
SpaceX IPO 2026: $1.5T valuation— will history’s biggest listing reward investors or repeat past mega-IPO disappointments? Here’s how they performed
The SpaceX IPO could become the biggest IPO in history, targeting a massive $2 trillion valuation and a $75 billion raise. That number alone is rewriting global market expectations in 2026. Investors are searching: is the SpaceX IPO a smart investment or a high-risk entry point? Data gives a clear signal. Most mega-IPOs have struggled after listing despite strong hype. The SpaceX IPO valuation looks extremely high compared to revenue. Smart investors may wait for price correction instead of chasing early momentum driven by market excitement.
Meta to raise Quest VR headset prices in US on rising component costs
Meta Platforms is raising prices for its virtual reality headsets starting April 19 in the United States. This move is driven by increasing costs for memory chips. The entry-level Quest 3S and higher-end Quest 3 models will see price adjustments. Other tech companies are also increasing device prices due to similar component supply issues.
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Former Meta contractor Sama to lay off more than 1,000 workers in Kenya
Facebook's parent company Meta has ended its contract with Kenyan firm Sama. This decision will lead to over 1,000 workers being laid off from Sama's Nairobi office. The company provided content moderation services for Meta. A lawsuit filed by former moderators over poor working conditions and mental health support is ongoing.
Unstoppable surge: AMD hits all-time high in best run in nearly two decades - what's fueling the drive?
AMD stock is rising very fast and hitting new highs after many days of gains. Strong demand for AI chips and servers is helping the company grow. A big deal with Meta is also boosting future hopes. Many analysts are positive, but some say the stock price is already high. Investors are now waiting for upcoming earnings results.
Meta poaches another founding member from Mira Murati’s Thinking Machines Lab
Meta has recruited Joshua Gross, a founding member of Mira Murati's AI startup, Thinking Machines Lab. Gross joins Meta's engineering leadership team, marking the fifth founding member to depart the startup recently. This follows other high-profile departures to companies like OpenAI and Meta itself.
Facebook Messenger down? Meta users report problems - Downdetector
Facebook Messenger down: Meta's instant messaging platform users are facing problem, reported Downdetector.
EU rejects Meta's pay-for-access remedy in WhatsApp AI chatbots probe
The EU told Meta Wednesday that charging rival AI chatbots for access to its WhatsApp platform runs against the bloc's antitrust rules, rebuffing the measure taken by the US giant in response to a probe. Meta started charging a fee as redress in March after an EU probe found it had "effectively" barred third-party artificial intelligence assistants from the messaging platform - in breach of competition rules.
Gujarat HC issues notices to Meta, X, Google over PIL seeking curb on misuse of AI
The Gujarat High Court has called upon major tech players including Meta, Google, X, Reddit, and Scribd to address the growing concern of AI-generated deepfake media. The court demands a solid regulatory framework to prevent misuse, urging these platforms to register with the Sahyog portal for efficient removal of harmful content.
Mark Zuckerberg's surprising move inside Meta AI labs to take on rivals OpenAI and Google. Here's what the tech billionaire is doing
Tech billionaire Mark Zuckerberg has made a surprising move inside the Meta AI labs to take on OpenAI and Google. He is now sitting next to Meta AI chief Alexandr Wang and former GitHub CEO Nat Friedman and is busy coding all day. It shows how seriously he is taking Meta's bid to compete with rivals in the generative AI race.
Meta extends custom chips deal with Broadcom to power AI ambitions
As part of the deal, Broadcom CEO Hock Tan would leave Meta's board and move to an advisory role on its custom chip strategy, the companies said in a joint statement. That custom chip boom has made Broadcom one of the biggest winners of generative AI. The company works with clients to develop custom processors and supplies infrastructure software.
Moving up the value chain proves costly as tech majors and GCCs slash jobs
Global layoffs are intensifying across large tech firms and global capability centres in India, as companies like Oracle, Cisco, Amazon and Meta trim headcounts amid AI-driven strategies. Having moved from offshore support to core global roles, Indian workers are now more exposed to strategic restructuring and AI-led workforce changes.
Meta poised to surpass Google in digital ad revenue for first time, report says
The Instagram-owner's global net ad revenues are expected to reach $243.46 billion in 2026, ahead of Google's projected $239.54 billion, the market research firm said.
Is Meta building an AI version of Mark Zuckerberg that employees can actually talk to? Here's what we know so far
Meta AI Mark Zuckerberg clone: Meta is reportedly developing a photorealistic AI version of Mark Zuckerberg that employees could interact with, designed to mirror his voice, tone, and ideas. The project aims to make workers feel more connected to leadership and is part of Meta’s broader push into AI, alongside concerns over safety and ethics.
Mark Zuckerberg 2.0: Meta is creating an AI version of CEO to take his place
The Financial Times reports that he is personally involved in training and testing this digital character. The idea is that it could hold conversations with employees, offer feedback, and share thoughts in a way that reflects how Zuckerberg himself might speak.
Former OpenAI Stargate leaders plan to join Meta Platforms
Three key players in OpenAI’s massive effort to set up hundreds of billions of dollars’ worth of artificial intelligence data center capacity are joining Meta Platforms. Peter Hoeschele, who played a critical role in OpenAI’s Stargate initiative, is one of the new hires.
Meta pulls ads aimed at recruiting plaintiffs for social media addiction lawsuits
At the end of March, a Los Angeles jury found Meta and Alphabet's Google liable for a young woman's depression and suicidal thoughts after she said she became addicted to Instagram and Google's YouTube at a young age, ordering them to pay a combined $6 million in damages.
Meta transfers top engineers into new AI tooling team
The reorganisation comes as Meta plans sweeping layoffs that could eliminate tens of thousands of jobs at the company, as it seeks to offset costly artificial intelligence infrastructure bets and prepare for greater efficiency brought about by AI-assisted workers.
ETtech Explainer: How Meta's Muse Spark fares against Anthropic's Opus, OpenAI's GPT, Google's Gemini models
Muse Spark is the first model from the Meta Superintelligence Labs. It is a natively multimodal, reasoning-focussed AI model, designed to power the next generation of Meta AI products. While the model stands out in multimodal use cases and real-world integrations, it lags in core reasoning and agentic coding benchmarks.
Meta, CoreWeave deepen AI cloud partnership with fresh $21 billion deal
Meta Platforms and CoreWeave have signed a new $21 billion deal for additional cloud computing capacity. This is to enhance Meta's AI model development. Meta plans to spend up to $135 billion on its AI buildout this year.
From OpenAI to Nvidia, tech firms channel billions into AI infrastructure as demand booms
Tech giants are making massive investments in artificial intelligence. CoreWeave and Meta have expanded their cloud capacity agreement to $21 billion. OpenAI is securing significant funding and partnerships with Amazon, Disney, Broadcom, AMD, Nvidia, and Oracle. Meta is also forging deals with AMD, Manus, CoreWeave, Oracle, and Google. Nvidia is investing heavily in Anthropic and acquiring Groq's assets.
Why Meta stock is rallying after Muse Spark launch? Here's what investors need to know about Meta's new AI model
Muse Spark AI model impact on Meta stock: Meta Platforms shares surged following the unveiling of its new AI model, Muse Spark. The company is investing heavily, with significant capital expenditures planned, aiming to enhance its AI capabilities across its platforms.
Meta unveils first AI model from costly superintelligence team
In a bold leap into the future, Meta Platforms has introduced Muse Spark, the first artificial intelligence model crafted by its advanced superintelligence team. This launch is a clear signal of Meta's intention to stand toe-to-toe with competitors in the accelerating AI arena. The company's substantial financial commitment to AI innovation aims to transform user engagement across its services.
Meta unveils first AI model from superintelligence team
Meta Platforms on Wednesday unveiled Muse Spark, the first artificial intelligence model from a team it assembled last year through a costly talent war and sweeping internal restructuring to catch up with rivals in the AI race.
Meta to release open source versions of its upcoming AI models
Meta plans to release new AI models under Alexandr Wang, with some versions open source but certain parts kept private for safety and competitive reasons. Unlike OpenAI and Anthropic, Meta aims to provide widely accessible, US-made models for developers and consumers, reflecting a broader industry trend toward cautious openness.
Meta layoffs affected employees and regions: Who will be affected and when? Job cuts timeline, impacted teams, roles, hiring plans
Meta layoffs affected employees and regions as Meta prepares to cut about 200 jobs in Silicon Valley in late May. The layoffs target sales, recruiting, and Reality Labs teams while the company continues hiring for critical roles. The move follows earlier job cuts and forms part of a wider shift toward artificial intelligence, including large investments in infrastructure, data centers, and long-term workforce restructuring plans.
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