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FOUND: 16 | Mind Blowing Facts

Meta Severance Revealed: US Staff To Get 16 Weeks Base Pay Amid 8,000 Job Cuts

Meta plans to cut 8,000 jobs globally starting May 20, focusing on AI-driven restructuring. Severance packages vary by region, with US employees receiving at least 16 weeks' pay.

International Business Times UK

Dear Nebius Stock Fans, Mark Your Calendars for May 13

Nebius has become one of AI’s hottest infrastructure trades, but May 13 may decide whether the rally holds.

Barchart

Amazon employees admit to using AI unnecessarily to pump up internal usage scores — workers complain of intense pressure to use AI tools

Amazon is the latest hyperscaler where employees have been caught inflating AI token consumption to hit internal usage targets.

Tom’s Hardware

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Trump heads to China to spread the gospel of American tech

Tim Cook and Elon Musk, among other tech CEOS, will accompany the US president on a trip to Beijing

The Guardian - US

Meta loses court fight over compensation to Italian publishers

Meta Platforms has faced a significant setback in Europe as the EU's highest court mandated that they pay publishers for utilizing snippets from news articles. This landmark ruling reinforces the directive from Italian regulators, marking a victorious moment for journalism and allowing publishers to reclaim their investments.

The Economic Times

WhatsApp Chat Export and Group Contact Saving for Business Growth

A sourcing manager I know in Guangzhou once spent a Tuesday night copying phone numbers out of a 487-member supplier group, one row at a time, into Google Sheets. She finished around 2 a.m. and discovered she'd missed a column halfway through. That's the workflow most B2B teams are running…

inkl

US CEOs seek China business gains from Trump-Xi summit

American business leaders are heading to China for a summit with President Xi Jinping. They aim to resolve ongoing business challenges and secure new opportunities. Companies like Mastercard, Visa, Tesla, and BlackRock are seeking regulatory approvals and market access. The visit is seen as a political opening to accelerate discussions…

The Economic Times

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TikTok challenges EU 'gatekeeper' status at Europe's top court

TikTok is fighting its EU 'gatekeeper' status in court. The company argues it does not meet the strict criteria set by the Digital Markets Act. This case could significantly impact how Europe regulates big tech firms. A ruling is expected in the coming months.

The Economic Times

92,000 Layoffs Later, Tech Workers Fear What’s Coming Next

For years, people believed technology would create endless opportunities. Learn coding, join a big tech company, work hard, and your future would stay secure. That dream now feels shakier than ever. In 2026 alone, more than 92,000 tech workers have already lost their jobs. Giants like Meta , Microsoft, Amazon,…

MyLifeXP

Meta to lay off 8,000 employees on May 20: What will be the severance package for staff by Mark Zuckerberg's company?

Meta layoffs: Meta is set to lay off approximately 8,000 employees, about 10% of its global workforce, on May 20. Meta said the company is offering a “generous severance package,” which includes 16 weeks' base pay plus two weeks for every year of employment and will also cover the cost…

The Economic Times

California county sues Meta over scam ads

Santa Clara County has filed a lawsuit against Meta Platforms, claiming that the company profited from deceptive advertisements circulating on Facebook and Instagram. According to the lawsuit, Meta's conduct violates California's regulations related to false advertising and unfair competition.

The Economic Times

Sarah Wynn-Williams and Virginia Giuffre jointly win freedom to publish prize at British book awards

In a rare public appearance, Meta whistleblower Sarah Wynn-Williams warned of ‘networks of powerful elites’ using wealth and influence to silence dissenting voices

The Guardian - UK

CoreWeave Stock Falls as the AI Growth Story Slows Down

CoreWeave’s red-hot AI rally cooled sharply as investor concerns over Q2 outlook and spending plans overshadowed explosive growth.

Barchart

Cannes Festival signs up Meta as sponsor amid AI fears

The Cannes Film Festival has secured a new multi-year sponsorship deal with Meta. This partnership replaces TikTok and will see Meta promote its video-enabled glasses. The festival will also showcase Meta's AI video technology. Director Steven Soderbergh is using this AI for his latest film, a documentary on John Lennon.

The Economic Times

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The Economic Times

Tech companies tap debt markets to fund AI and cloud expansion

Last month, Alphabet, Amazon, Microsoft and Meta signaled that spending on AI would not slow down, with the tech giants' combined spending now set to exceed $700 billion this year, up from about $600 billion previously.

MarketBeat

Meta Platforms’ Wild Post-Earnings Swings: Where Analyst Price Targets Stand Now

After seeing a disappointing reaction to its Q1 2026 earnings report, Wall Street analysts continue to point to solid upside ahead for Meta Platforms' stock.

Tom’s Hardware

AI data center developers target rural territory to bypass city construction bans and regulations — rural locations allow sites to bypass city council approvals, rezoning votes, land-use reviews, and reduce public scrutiny

Data center projects are increasingly being put on unincorporated land to reduce the regulatory friction brought about by municipal level permits. These rural sites also offer larger parcels, giving more spaces to build various building and could potentially affect less people.

MyLifeXP

75% of Google’s Code Is AI-Written What Happens Next?

For decades, coding was considered one of the most human skills in technology. Engineers spent years mastering programming languages, solving bugs, and building software line by line. But inside Google, something dramatic is happening now. According to CEO Sundar Pichai, artificial intelligence is already writing most of the company’s new…

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The Economic Times

SK Hynix flooded with unprecedented offers from big tech firms to secure chip supplies

Global tech giants are making unprecedented offers to SK Hynix. They want to invest in new production lines and fund expensive equipment purchases. This is to secure vital memory chips. Demand for these chips is surging due to the artificial intelligence boom. SK Hynix is cautious about these deals. The…

The Economic Times

HC protects MP Shashi Tharoor's personality rights, directs removal of deepfake video

The Delhi High Court has protected Congress MP Shashi Tharoor's personality rights. The court ordered X to remove an AI-generated deepfake video showing him praising Pakistan. It also restrained the misuse of his name, image, and voice for any purpose. Meta was asked to keep certain Instagram reels inaccessible. This…

International Business Times

Iran's Push for Fees on the World's Internet Cables Turns the Strait of Hormuz Into a 20% Global Traffic Weapon

Iran plans to charge fees on undersea internet cables in the Strait of Hormuz, aiming to leverage this digital bottleneck for revenue and political influence.

MarketBeat

Virtuix Maps VR Growth Push as CEO Addresses Sharp Stock Slide

Virtuix (NASDAQ:VTIX) executives outlined the company’s consumer, enterprise and defense strategy during an investor webinar, while also addressing recent volatility in the company’s share price. Founder, CEO and Chairman Jan Goetgeluk said the stock’s recent decline was “gut-wrenching,” noting tha

The Economic Times

ETtech Explainer: AI is writing most of the code for companies — what this means

AI is now writing a large part of code for tech companies. Google, Microsoft, Meta, and Indian firms like Meesho and Freshworks are using AI extensively. This shift boosts productivity. Developers are focusing on complex tasks and quality.

TechRadar

'This is not facial recognition' — Meta wants to scan kids' height and bone structure to verify their age

Meta is enhancing its technology for detecting users under 13 who shouldn't be on Facebook or Instagram.

Barchart

‘Every Company Is an AI Company Today,’ Billionaire Bill Ackman Says. Here’s What’s Driving Pershing Square’s Big Bet on Meta Platforms.

Bill Ackman believes that companies not integrating AI into their business models will be left in the dust. That's why he's betting big on Meta.

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