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HISTORICAL FACTS: 63 | History Defined

The 10 richest people in the world: Elon Musk, Larry Page and Jeff Bezos lead the global wealth race

The richest people in the world have become even richer than ever before due to the ongoing emergence and development of artificial intelligence, cloud computing, and infrastructure technologies. The combined wealth of the world’s richest people has increased to around $2.9 trillion. This rise mainly occurred during the past month,…

The Times of India

Strique unveils self-learning AI platform that optimises D2C growth, revenue and ROAS at Meta day

Strique has launched an autonomous performance marketing execution platform for D2C brands, addressing the gap between knowing what to change and implementing it. This AI-powered system connects to various platforms to audit, reallocate budgets, generate creatives, and execute campaigns, aiming to continuously optimize revenue and performance by learning from every…

The Economic Times

Obama White House Instagram Hack Exposes Why Your Social Media Accounts Are Now Targets in a Real Cyberwar

Iranian hackers breached the dormant Obama White House Instagram, posting AI-generated propaganda. Here's why your social media accounts could be next.

International Business Times UK

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Malaysia bans social media for children under 16

Malaysia enforced a sweeping ban on Monday, barring children under 16 years of age from owning social media accounts, the latest move in aworldwide effort to tighten online protections for young users.

The Times of India

Malaysia Bans Under-16s From Social Media: New Age Verification Rules Enforced

Malaysia has begun enforcing new rules. Children under 16 are now banned from social media accounts. Platforms must implement age verification. This move aims to protect young users from harmful content and cyberbullying. Other countries are also considering similar measures. The government hopes to reassure parents about online risks and…

The Economic Times

Malaysia enforces ban on social media for children

Malaysia has implemented an Australian-style ban on social media for children under 16, with hefty penalties for tech companies that fail to comply.

AAP

Malaysia enforces ban on social media accounts for children younger than 16

Malaysia has begun enforcing its ban on children under 16 having social media accounts

AAP

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'What About OnlyFans?': Katie Price Insiders Blast Meta's Hypocrisy After Irreversible Instagram Ban

Katie Price has reportedly lost her 2.6 million‑follower Instagram account after a Meta probe into a CBD post, prompting insiders to question the platform's stance on adult content.

International Business Times UK

Meta Has a Plan to Monetize Its AI Investments. Its Underperforming Stock Needs It Badly.

Meta Platforms is rolling out subscriptions for its family of apps as well as AI services. The subscriptions could drive its long-term growth and help the company monetize its AI capex.

Barchart

Meta legal action forces Facebook whistleblower to sit in silence at Hay festival

Sarah Wynn-Williams did not speak during event after lawyers warned of possible sanctions from tech firm

The Guardian - UK

Meta is rumored to be working on an AI pendant, and smart glasses different to what we've seen before

We've got a couple of Meta hardware rumors to sort through, and AI is of course central to them.

TechRadar

'Insane bubble and bigger than 1999': Zoho founder Sridhar Vembu has a scary warning about the future of AI

Zoho founder Sridhar Vembu warns of a potential market bubble driven by AI enthusiasm, citing high price-to-sales ratios for tech giants like Nvidia, Apple, and Microsoft. He argues these valuations are disconnected from fundamentals, drawing parallels to the dot-com era and suggesting the current bubble could be even larger.

The Economic Times

Meta Platforms Investors Reject Proposals as Zuckerberg Bets Big on AI

Meta Platforms (NASDAQ:META) shareholders rejected a slate of outside investor proposals at the company’s 2026 annual meeting, while Chairman and CEO Mark Zuckerberg outlined what he described as four major opportunities tied to artificial intelligence: improving Meta’s core apps and advertising, pe

MarketBeat

AI Hyperscalers Are Taking on Debt, But the Broader Market Looks More Leveraged

Despite ramping up debt to fund massive AI investments, hyperscalers still carry lower net leverage than the broader S&P 500.

Barchart

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Fortune

As part of her Citi turnaround, Jane Fraser cut management layers from 13 to 8. But the ‘great flattening’ doesn’t always work as intended

From Meta's 50-to-1 reporting ratios to Coinbase's latest layoffs, CEOs are racing to flatten their org charts. The results aren't always what they expect.

International Business Times UK

Is the AI Bet Starting to Crack? Big Tech's AI Gamble Shows Negative Returns Despite Surge in Spending

Major US tech firms face negative returns on AI investments by 2030, with only Amazon showing positive outcomes.

MarketBeat

IAC Conference: Cost Cuts, People Inc. Rebrand Aim to Close Valuation Gap

IAC (NASDAQ:IAC) executives said the company’s recent consolidation plan is intended to simplify its structure, reduce corporate expense and narrow what management views as a discount in the company’s share price. Speaking at a TD Cowen fireside chat, Christopher Halpin, IAC’s chief operating offic

TechRadar

ICYMI: the 8 biggest tech stories of the week, from Oura's new smart ring to the Pope's take on AI

It's been a frenetic week of tech — here are some of the major stories we published over the past seven days.

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The Economic Times

Social media companies pay $27 million to settle Kentucky school district's lawsuit over social media harms, records show

Meta settled the case brought by Breathitt County School District on May 21, a few weeks before a planned June trial, following earlier settlements by co-defendants Snap Inc , YouTube parent Alphabet and TikTok parent ByteDance. Terms of the deals ‌had not been disclosed ⁠in court.

International Business Times

AI Costs Are Forcing Big Companies to Put Limits on Workers: Report

Some of the country's biggest companies are beginning to ration access to AI for employers, track their usage more aggressively, and steer tem toward cheaper tools as costs rise faster than expected.

Barchart

Meta Platforms Is Testing AI Chatbot Subscriptions. What to Know.

Meta Platforms reveals plans of testing paid tiers for its AI chatbot. But does that warrant buying META shares at current levels? Let’s find out.

The Economic Times

The world is becoming training data for AI, for which everyone is unprotected

Pronto, a home services startup, is facing criticism for using body-camera footage from workers inside customers’ homes to train AI and robotics systems. The company says customers can opt in for discounts, but critics argue the real business is collecting valuable in-home data for humanoid robots.

The Economic Times

Meta tool to track employee mouse clicks on collision course with EU privacy rules

Meta's AI training tool, Model Capability Initiative (MCI), is reportedly capturing extensive U.S. employee computer usage, including non-U.S. data from communications. This extensive data collection could lead to new European privacy violations under GDPR, as employees express concerns about the tool's scope and impact on their internet usage and sensitive…

Barchart

The 180-Day Lease Holding Up SpaceX's $2 Trillion IPO

SpaceX's reported $2 trillion valuation is being propped up by a 180-day lease to Anthropic.

International Business Times

Anthropic Surpasses OpenAI In Valuation After Massive $65 Billion Funding Round

Anthropic has overtaken OpenAI as the world's most valuable artificial intelligence startup after raising $65 billion in a new funding round.

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