META
Mag 7? MANGOS? SpaceX forces name rethink on Wall Street's tech-stock moniker
The IPO, the biggest in US history, vaulted SpaceX's value above two Mag 7 members: CEO Elon Musk's other company, Tesla , and Meta Platforms. With trillion-dollar contenders such as OpenAI and Anthropic waiting in the IPO wings, the club may soon need a name change, analysts said.
Google Gemini Smart Glasses Set for Fall Launch as Warby Parker and Gentle Monster Challenge Meta
Google is preparing to enter the smart glasses market this fall through partnerships with Warby Parker and Gentle Monster. Powered by Gemini AI and deep Android integration, the new wearable devices aim to compete directly with Meta's popular Ray-Ban smart glasses. While the first generation will not feature in-lens displays, Google is betting on advanced AI capabilities, seamless app integration, and stylish designs to carve out a place in the rapidly growing smart eyewear segment.
Mark Zuckerberg says Meta made 'mistakes' in AI workforce shift
Meta's chief Mark Zuckerberg admits the company made errors during its AI shift. He is investing heavily in artificial intelligence to reshape Meta's operations. Zuckerberg assures employees there will be no more company-wide layoffs this year. He is focused on providing organizational stability. Meta will also increase team-building initiatives and scale back manager oversight.
Meta Platforms hit by outage as Instagram, Facebook see surge in user complaints
Meta Platforms experienced a significant outage on Thursday evening, impacting both Instagram and Facebook. Users reported widespread issues with accessing feeds, posting content, and loading the applications. Instagram saw a sharp surge in complaints, indicating a broad service disruption affecting multiple Meta services.
Facebook not working today? Why are users reporting face login failures as Meta apps face outage
Thousands of Facebook users reported widespread issues accessing the platform on Friday morning, with over 100,000 complaints logged on Downdetector. Users experienced login failures and difficulties loading content across Facebook, Instagram, and Messenger. Meta acknowledged the disruption, stating they were working to resolve the problem.
Why is Instagram down today? Users report widespread outage across Meta platforms. Check outage reason
Is Instagram down today?: Instagram, Facebook, and Messenger experienced widespread disruptions on Friday, leaving users unable to refresh feeds or access the platforms. Similar access problems were reported for WhatsApp, all operated by Meta. The cause of the sudden outage remains unclear, with Meta yet to issue an official statement.
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WhatsApp web down today? Users face login issues, message sync problems; check status and reason for outage
WhatsApp Web users reported widespread login failures on Thursday, with many encountering blank screens and being unable to access chats. The disruption appeared to affect users across several countries and was accompanied by issues on other Meta-owned platforms, including Facebook and Instagram. The outage triggered a surge in complaints online as users struggled to access services during the disruption.
Facebook Instagram messenger Down? Why users faced Facebook query error and Instagram outage during Meta disruption
Facebook down reports created a major online disruption as users faced query errors, login failures, and loading problems. The outage affected Facebook, Instagram, and Messenger, showing how deeply people rely on digital platforms. Thousands searched for updates while Meta services struggled. The incident highlights the importance of stable online communication networks today.
Inside Jamnagar: How Meta and Reliance are building India’s AI infrastructure backbone
Meta and Reliance Industries are expanding their partnership beyond connectivity to build an AI-enabled data centre in Jamnagar, Gujarat, marking a major step in India’s AI infrastructure journey. The collaboration underscores India’s growing role as a global AI hub while placing sustainability and renewable energy at the centre of the next wave of digital growth.
Tap-and-pay takes off; ADIA to trim Lenskart stake
Happy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch.
Meta partners with Reliance to set up its first data centre in India
Meta Platforms is significantly boosting its India investments with a new 168 MW data center in Jamnagar, Gujarat, in partnership with Reliance Industries. This facility will support Meta's global AI infrastructure and is powered by renewable energy. Additionally, Meta has expanded its renewable energy collaboration with Clean Max to over 900 MW, developing new solar and wind projects across India.
Reliance, Meta announce Jamnagar data centre; CleanMax to supply over 900 MW renewable energy capacity
Meta Platforms is investing heavily in India's digital future. The company is partnering with Reliance Industries to build a new data center in Gujarat. This facility will support Meta's global AI needs. Additionally, Meta is expanding its renewable energy partnership with CleanMax. This collaboration will add over 900 MW of solar and wind power capacity.
Meta-Reliance AI hub; SAP CEO on India's AI edge
Meta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.
Meta partners with Reliance to lease 168 MW AI data centre in Jamnagar
Meta has deepened its India bet by partnering with Reliance Industries to build its first AI-ready data centre in the country, leasing 168 MW of capacity at Reliance's upcoming hyperscale campus in Jamnagar, Gujarat. The deal marks a significant milestone in the long-standing Meta-Reliance relationship and highlights India's emergence as a major hub for AI data centres. Roughly $270 billion cumulative investment has been committed by global hyperscalers and Indian conglomerates in data centres.
Meta launches business agent AI to automate customer service, sales and business operations
Meta has unveiled Meta Business Agent, an AI-powered assistant designed to help businesses automate customer support, sales, scheduling and other operational tasks. The launch signals Meta’s growing ambitions in enterprise AI and highlights the rise of agentic AI, where intelligent systems move beyond chatbots to manage workflows, customer relationships and business operations autonomously.
CleanMax shares soar 15% to record high on Meta partnership
CleanMax Enviro Energy Solutions shares surged 15% to a 52-week high after announcing a 900 MW renewable energy partnership with Meta Platforms. The projects include solar and wind assets, with Meta purchasing 100% of environmental attributes. The deal strengthens Meta’s clean energy goals and reinforces CleanMax’s position in India’s C&I renewable energy market, backed by strong long-term customer contracts.
Meta to launch America's workforce academy for guaranteed job placement with $115 million first year investment
Meta is launching America's Workforce Academy (AWA), a nationwide program designed to fast-track individuals into long-term careers in skilled trades, backed by an initial USD 115 million investment in its first year. The cost-free initiative supports all participants during their training and guarantees a job for every graduate.
EU order against Meta may last until June 2029, EU antitrust chief says
A key EU order for Meta Platforms to allow rival AI chatbots access to its WhatsApp messaging app will continue. This decision stands as the European Union investigates competition concerns. The order could remain effective for several years, potentially until 2029. EU antitrust chief Teresa Ribera stated Meta's proposals to resolve these issues were unconvincing.
EU orders Meta to open WhatsApp to rival AI chatbots for free
The EU ordered Meta on Tuesday to give rival AI chatbots access to its WhatsApp platform for free within five working days as it carries out an antitrust probe, or risk a heavy fine. The EU had warned Meta it faced interim measures if it did not open WhatsApp to rival AI assistants in February.
EssilorLuxottica to start smart glasses production in Italy by early 2027
EssilorLuxottica will begin manufacturing smart eyewear in Italy by early 2027. This move is part of a strategic initiative to position Italian plants as innovation hubs. The company partners with Meta Platforms for smart glasses under Ray-Ban and Oakley brands. Currently, flagship Ray-Ban Meta smart glasses are made in Asia.
Meta funds skilled trades jobs program for AI data center buildout
The cost-free program, America's Workforce Academy, will end in guaranteed job offers to graduates, the company said in a statement. A Meta spokesperson said the program will provide generalist training for data center technicians. Jobs on offer will be full-time roles with general contractors working on Meta's data center buildout.
Italy regulator drops investigation into Meta's WhatsApp AI bot
Italy's competition watchdog has closed its inquiry into Meta Platforms. The investigation concerned allegations of Meta abusing its dominant position. This involved installing its artificial intelligence tool on the WhatsApp messaging service. The Italian regulator, AGCM, decided to halt its probe. This action was taken because the European Commission has broadened its own investigation.
Meta to take legal action against Israeli spyware firm NSO, foils phishing attacks
Meta has filed a federal court contempt order against NSO Group for violating a permanent injunction barring it from targeting WhatsApp. The spyware firm's new spear-phishing attempts, similar to previous "1-click" campaigns, were disrupted by WhatsApp.
Techie quits high-paying 'boring' Meta job to sell noodles for a living. He has a message for everyone: 'If this does not work out...'
A former Meta software engineer has left his high-paying job to become a Hokkien Mee hawker. He found software engineering boring and sought a more fulfilling career. Despite earning significantly less, he is passionate about the culinary craft. He advises others to pursue their passions while prioritizing wellbeing. His journey highlights unconventional career choices.
Meta weighs big equity raising to finance AI infrastructure: FT
The report comes after Alphabet moved to raise $84.75 billion in upsized equity offerings, as Big Tech competes to build data centers and capitalize on growing demand for AI.
Meta AI chief sees opportunity in models’ giving health advice
The 29-year-old founder of data-labeling startup Scale AI joined Meta after Chief Executive Officer Mark Zuckerberg overhauled his company’s AI efforts, including through a $14 billion investment in Scale that was widely viewed as a bid to recruit Wang.
Meta repeatedly pushes back new AI model release for developers
Meta's new Muse Spark AI model API launch is nearing. While plans were pushed back, the company is now testing with early partners. Meta AI Chief Alexandr Wang confirmed the API is coming soon. This move signals Meta's strong ambition to compete with AI leaders like OpenAI and Google. The release is anticipated this month.
Meta lashes Australia's bid to make tech giants pay for news
Tech giant Meta on Thursday attacked Australia's "grossly unfair" bid to make social media companies pay for news, saying it is vehemently opposed to the draft laws. " this law is poorly designed, grossly unfair, and will fail to deliver a diverse and sustainable news industry," said Meta, the parent company of Facebook and Instagram.
Meta enters enterprise AI race with new business agent
Meta Platforms has unveiled a cutting-edge AI assistant crafted to streamline daily operations for businesses. This innovative tool is capable of handling tasks such as scheduling appointments and finalizing sales transactions. You'll find it integrated into Meta's widely used platforms like WhatsApp, Messenger, and Instagram.
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