#meta

Meta’s Whistleblower Was Silent Onstage. But Her Tell-All Keeps Selling Facebook whistleblower Sarah Wynn-Williams sat in silence onstage at the Hay Festival in the United Kingdom after Meta obtained a legal order barring her from promoting her memoir. The incident occurred as she was seated between investigative journalist Carole Cadwalladr and Columbia University law professor Tim Wu, with the author remaining motionless for an hour without acknowledging the audience. The event marked a pivotal moment in the ongoing legal battle between Wynn-Williams and Meta, which owns Facebook, Instagram, and WhatsApp. Wynn-Williams, former Director of Global Public Policy at Facebook, authored the bestselling memoir Careless People: A Cautionary Tale of Power, Greed, and Lost Idealism, which details her six years at the company. The book alleges widespread misconduct, including sexual harassment and other potentially illegal behavior by CEO Mark Zuckerberg and other top executives. She describes her experience as akin to “watching a bunch of 14-year-olds who’ve been given superpowers and an ungodly amount of money” navigating global power dynamics. Meta’s legal actions against Wynn-Williams began after the book’s publication, with the company securing an emergency legal order to prevent her from publicly promoting it. The order, enforced through a binding arbitration agreement she signed during her 2017 severance, prohibits her from disparaging the company. Meta’s spokesperson confirmed that Wynn-Williams had signed such an agreement, which includes a non-disparagement clause. The company also filed a motion arguing that she violates the order “any time she appears in public in a place where she should know that her book is available for sale.#meta #sarah_wynnwilliams #carole_cadwalladr #tim_wu #hay_festival

Meta's Quest for Revenue Beyond Advertising: AI Subscriptions and Cloud Ambitions Meta, the parent company of Facebook, Instagram, and WhatsApp, has long relied on digital advertising as its primary revenue stream. For nearly two decades, the company has dominated the online ad market, with nearly 98% of its $56.3 billion in first-quarter revenue coming from ads. However, CEO Mark Zuckerberg is now pushing the company to diversify, betting that artificial intelligence could unlock new sources of income. This strategy marks a significant shift for a company that has struggled to monetize services beyond ads, despite repeated attempts to expand into other areas. This week, Meta announced the launch of two subscription services for its AI-powered Meta AI app and website, initially available in Singapore, Guatemala, and Bolivia. The offerings, priced at $7.99 and $19.99 per month, align with the rollout of premium subscription plans for Instagram, Facebook, and WhatsApp, as well as higher-tier versions of its verification service for businesses. Zuckerberg also hinted at the potential for a cloud computing business during Meta’s annual shareholder meeting, positioning the company to compete with Amazon, Microsoft, and Google in the sector. The push into AI subscriptions comes amid a broader effort to reduce reliance on advertising. Meta’s recent earnings report highlighted its fastest quarterly growth since 2021, underscoring the resilience of the ad market. However, the rapid rise of AI has raised concerns about how users might shift away from traditional screen-based interactions, potentially reducing ad exposure. Analysts note that Meta’s attempts to monetize non-ad services have historically faced resistance.#whatsapp #facebook #instagram #meta #mark_zuckerberg

Meta Launches Subscription Plans for Instagram, Facebook, and WhatsApp with AI Expansion Meta has announced the global rollout of subscription plans for its flagship apps, Instagram, Facebook, and WhatsApp, marking a significant expansion of its monetization strategy. The company is also beginning tests for new subscription tiers tailored to businesses, creators, and AI users, signaling a broader push into premium services. The new plans, branded as “Plus,” offer enhanced features for individual users while maintaining separate offerings for verification and security through Meta Verified. The consumer-focused Plus plans—Instagram Plus ($3.99/month), Facebook Plus ($3.99/month), and WhatsApp Plus ($2.99/month)—provide users with additional tools to customize their experience. Instagram and Facebook Plus users gain access to profile customization, super reactions, and story insights, while WhatsApp Plus includes features like app themes, custom ringtones, and advanced messaging options. These plans are designed to appeal to both casual users and creators aiming to grow their online presence. Meta’s head of product, Naomi Gleit, emphasized that the Plus plans are just the beginning, with more “fun features” planned for future updates. The company is also testing professional subscription tiers under the “Meta One” umbrella, which will consolidate all subscription offerings. These include the Meta One Essential plan ($14.99/month), which combines Meta Verified benefits with enhanced analytics and tools for creators and businesses. Features like expanded linksheets, improved audience insights, and integrated website traffic tracking are highlighted as key advantages for professionals. Separately, Meta is expanding its AI subscription models, starting with limited tests in Singapore, Guatemala, and Bolivia.#whatsapp #facebook #instagram #meta #naomi_gleit

No More Layoffs This Year as Meta Announces Restructuring Plans Mark Zuckerberg, CEO of Meta, has announced that the company will not conduct any further layoffs in 2024 following the recent decision to cut 8,000 jobs. The announcement came after a series of internal communications and public statements aimed at addressing concerns among employees and stakeholders. While the exact details of the 8,000 layoffs remain undisclosed, the move has sparked significant discussion about the company’s strategic direction and its response to evolving market conditions. The layoffs, which affected approximately 10% of Meta’s global workforce, were part of a broader restructuring effort to streamline operations and adapt to technological shifts. Around 7,000 employees were reassigned to new teams, while others were let go. Zuckerberg emphasized that the decision to halt further layoffs was a deliberate choice to stabilize the company’s workforce and focus on long-term growth. In a memo shared with employees, he stated, “We are not planning to conduct additional layoffs at the company level this year.” The restructuring has been driven by Meta’s pivot toward artificial intelligence (AI) and its efforts to remain competitive in a rapidly changing tech landscape. Zuckerberg acknowledged that AI is reshaping the global economy and that Meta must adapt to ensure its continued success. He noted, “AI is becoming the most critical technology of our time, and we need to ensure we are positioned to lead in this transformation.” The company’s investment in AI is expected to account for a significant portion of its projected $125 billion to $145 billion annual spending, reflecting its commitment to innovation.#layoffs #artificial_intelligence #meta #mark_zuckerberg #employee_relations

60 Days to Find a Job or Leave the US: Tech Layoffs in America Threaten Indian IT Professionals The ongoing wave of layoffs in major U.S. tech companies has created a crisis for Indian IT professionals, forcing them to confront not just job insecurity but also the threat of losing their residency rights. Companies like Meta, Amazon, and LinkedIn have announced mass layoffs, driven by the rapid adoption of artificial intelligence and automation. These cuts have left thousands of Indian workers in a precarious situation, as they now face a strict 60-day window to secure a new job or risk being forced to leave the United States. Under U.S. immigration rules, H-1B visa holders—many of whom are Indian IT professionals—must find a new employer within 60 days of their job ending. This grace period begins on the last day of employment, not the day the job is lost, leaving little room for error. If they fail to secure a new position, they must either leave the country or risk losing their legal status. This stringent requirement has turned the job search into a high-stakes gamble, with professionals scrambling to navigate a competitive market while balancing personal and financial obligations. For many, the stakes extend far beyond employment. Indian professionals in the U.S. have often built lives here, purchasing homes, raising families, and establishing careers. The sudden threat of displacement has created immense stress, as they face the possibility of uprooting their families or losing access to healthcare, education, and other essential services. The uncertainty has also intensified anxiety about long-term residency, with many waiting years for green cards while relying on temporary visas to sustain their livelihoods. The crisis is exacerbated by the broader shift toward automation and AI in the tech industry.#amazon #meta #h1b_visa #linkedin #indian_it_professionals

Layoffs Continue at Meta as 8,000 Jobs Cut, AI Investments to Cost Billions Meta has announced the continuation of its global layoffs, cutting nearly 8,000 positions across its operations. The restructuring began in Singapore, with affected employees notified via email on May 20, 2026. The company is focusing on reducing costs and increasing investment in artificial intelligence (AI), which is expected to drive significant financial commitments. The layoffs primarily target engineering and product teams, with further cuts anticipated in the coming months. The decision to reduce workforce is part of Meta’s broader strategy to reallocate resources toward AI development. The company plans to invest over $100 billion in AI this year, aiming to enhance efficiency and maintain competitiveness against rivals like Google and OpenAI. This shift has led to concerns among employees, as the restructuring includes streamlining management layers and integrating AI tools into daily operations. Meta’s head of people, Jenelle Gal, stated in an internal memo that the changes are essential for the company’s growth. The layoffs are expected to save approximately $3 billion annually, though experts argue the savings may not fully offset the costs of AI investments. Employees have expressed frustration, with some writing letters to the company to voice their concerns. The restructuring also involves reducing open positions, which has raised fears of further job cuts. Mark Zuckerberg has prioritized AI as Meta’s primary focus, pushing the company to compete in the rapidly evolving tech landscape. The changes include redefining roles and responsibilities, with engineers encouraged to adopt AI tools for coding and other tasks.#ai #meta #singapore #mark_zuckerberg #jenelle_gal

Alexandr Wang Disputes 'Money-Driven' Narrative Behind Meta's AI Hiring Spree Alexandr Wang, Meta’s highest-paid employee, has publicly rejected the notion that his team’s decision to join the company was driven solely by financial incentives. Speaking on the "Core Memory" podcast, Wang emphasized that the perception of his team as "money-motivated" is a mischaracterization. He argued that while compensation was a factor, it was not the primary reason researchers and engineers left their previous roles at companies like OpenAI, Apple, DeepMind, and Anthropic. Wang highlighted that many of the individuals Meta recruited were already earning substantial salaries at their former employers, suggesting that other factors played a more significant role in their decision to join Meta. The hiring spree, which saw Meta poach top talent from rival firms, was marked by extravagant offers. Reports indicated that the company extended $100 million sign-on packages to researchers, with some deals reaching up to $300 million over four years. The New York Times likened the competition for AI talent to an NBA free agency period, complete with informal agents and group chats where offers were debated. Wang’s lab, which he leads as head of Meta’s SuperIntelligence Lab, became a focal point of this talent war. The lab’s promise of computational resources, creative freedom, and a high concentration of expertise attracted key figures such as former GitHub CEO Nat Friedman, ex-Apple foundation models head Ruoming Pang, and former OpenAI researcher Trapit Bansal. Wang attributed the success of Meta’s recruitment strategy to three core elements: access to vast computational power, a collaborative environment, and the ability to pursue bold research without bureaucratic constraints.#meta #openai #mark_zuckerberg #alexandr_wang #scale_ai

20k Job Cuts at Meta, Microsoft Raise Concerns About AI Labor Crisis The tech industry is facing a significant shift as major companies like Meta and Microsoft announce large-scale layoffs, raising alarms about an impending labor crisis driven by the rapid adoption of artificial intelligence. Meta revealed plans to cut 10% of its workforce, equivalent to approximately 8,000 jobs, while Microsoft introduced voluntary buyouts for the first time in its 51-year history. These moves, which come amid a broader trend of job reductions across the sector, signal a fundamental restructuring of corporate operations rather than a temporary adjustment. The combined job cuts from Meta and Microsoft—exceeding 20,000—mark the latest in a series of layoffs that have already affected over 92,000 tech workers in 2026, bringing the total since 2020 to nearly 900,000. This surge in layoffs has sparked fears among economists and industry experts that AI is accelerating a permanent transformation in how work is organized and executed. Anthony Tuggle, an executive coach and former AI industry professional, described the shift as a “fundamental structural shift,” emphasizing that the changes are not merely a reaction to market fluctuations but a redefinition of labor dynamics. The layoffs are occurring even as companies invest heavily in AI infrastructure. Meta, Microsoft, Amazon, and Alphabet are collectively expected to spend nearly $700 billion this year on AI development, despite the simultaneous reduction of thousands of jobs. Meta’s CEO, Mark Zuckerberg, cited efficiency as the primary reason for the cuts, stating that the reductions are part of efforts to streamline operations and offset other investments. Similarly, Microsoft’s CEO, Satya Nadella, announced voluntary buyouts for about 7% of U.S.#microsoft #meta #anthropic #mark_zuckerberg #satya_nadella

Meta Layoffs Loom As HR, CEO Mark Zuckerberg Address Staff Concerns Meta’s leadership confirmed plans to lay off approximately 10% of its workforce in the coming weeks, with the company indicating it is not ruling out further cuts. The announcement came during an internal meeting where Janelle Gale, the company’s chief people officer, addressed staff concerns about the impact of the layoffs. Gale acknowledged that morale has been affected by the restructuring but emphasized that the business remains strong. She stated, “While the business is strong, priorities change, competition is fierce, and we will continue to manage our costs responsibly.” Gale also noted that some departments would be more significantly impacted than others, though she did not specify which teams. Mark Zuckerberg, Meta’s CEO, participated in the meeting and clarified that AI automation is not the primary driver behind the layoffs. Instead, he highlighted the efficiency gains achieved through AI, which have allowed smaller teams to operate more effectively. Zuckerberg also addressed the company’s plan to monitor employees’ keystrokes and mouse movements to enhance its AI models. He assured staff that human supervisors are not directly observing their activities, and the data collected is anonymized and used solely to improve AI systems. The layoffs are part of a broader restructuring effort, with Reuters reporting earlier this year that Meta aims to cut around 20% of its total workforce this year. Gale acknowledged the emotional toll of such decisions, stating that the company strives to handle difficult situations “the best version possible.” To support affected employees, Meta has tripled its COBRA healthcare coverage to 18 months.#meta #mark_zuckerberg #susan_li #janelle_gale #applied_ai

Stifel Resets AMD Price Target for Rest of 2026 Advanced Micro Devices (AMD) is facing renewed optimism from Wall Street as Stifel upgraded its price target for the stock, signaling confidence in the chipmaker’s ability to capitalize on growing demand for AI-driven computing. The investment bank raised its price target to $320 from $280, maintaining its “buy” rating, which implies a potential 17% upside from current levels over the next 12 months. This move positions Stifel’s target well above the broader analyst consensus of $291.52, making it one of the more aggressive calls among the 37 analysts currently recommending a buy on AMD shares. The upgrade is driven by two key factors: surging AI-driven compute demand and AMD’s secured customer commitments. Stifel analyst Ruben Roy, ranked eighth among Wall Street analysts, highlighted that AI-driven demand is outpacing forecasts across both accelerated and general-purpose architectures. He noted that AMD’s strategic partnerships with major clients like Meta and OpenAI are critical to the outlook, citing multi-gigawatt commitments from these firms as a key support for the higher target. Roy also pointed out that AMD’s long-term earnings target of $20+ per share may now be conservative, given the recent Meta deal, which he described as a “floor rather than a ceiling” for the company’s growth potential. Stifel’s aggressive stance contrasts with the broader market, though it is not alone in its optimism. Bank of America also raised its AMD target to $310 from $280, with analyst Vivek Arya estimating that every gigawatt of installed AI capacity could generate $15 to $20 billion in net revenue for AMD. Arya projected data-center growth to exceed 60% year over year in both 2026 and 2027.#meta #openai #advanced_micro_devices #stifel #ruben_roy

Meta Is Launching An Easy Button For CAPI Meta has introduced a simplified method for advertisers to implement its Conversions API (CAPI), aiming to reduce the technical complexity associated with the tool. The update, unveiled on April 15, 2026, allows users to activate CAPI with a single click through Meta’s Events Manager, eliminating the need for server configuration and ongoing maintenance. This change is designed to lower the barrier to entry for smaller businesses and advertisers who have struggled with the traditional setup of CAPI, which requires coordination of infrastructure, partners, and data flows. The new feature is part of Meta’s broader effort to streamline performance marketing by making CAPI more accessible. While the company has long advocated for pairing the Meta pixel with CAPI to improve campaign performance, implementation has remained a challenge. The simplified approach targets small and medium-sized businesses (SMBs), which Meta claims works with millions of advertisers. Larger brands may also benefit by freeing up engineering resources to focus on other projects. In addition to the CAPI update, Meta is enhancing its Meta pixel with an AI-powered enrichment feature. This tool automatically extracts product and business information from web pages, such as product names, prices, availability, and business details like location and name. The AI analyzes common patterns in product displays to capture these fields without manual annotation, which previously required advertisers to manually tag pages for the pixel to recognize elements like product categories or pricing. Advertisers retain control over which data is shared, with the ability to disable specific categories.#meta #conversions_api #events_manager #meta_pixel #ai_enrichment

Bank of America Revamps AMD Stock Price Target Advanced Micro Devices (AMD) has seen its stock price surge 42% over the past month, significantly outperforming the S&P 500, which gained less than 6% during the same period. The sharp rise has sparked renewed interest from financial analysts, with Bank of America revising its price target for AMD shares. The bank’s analysts, led by Vivek Arya, have highlighted the growing importance of CPUs in AI data centers as a key driver of AMD’s growth prospects. The stock’s recent performance has been fueled by AMD’s expanding role in the AI infrastructure market. CPUs, which are central to AMD’s operations, are increasingly critical for sequential and latency-sensitive workloads in AI data centers. Arya and his team emphasized that CPUs are an integral part of the overall AI infrastructure, with the server CPU market expected to grow substantially. They estimate that CPUs will account for approximately 5% of the $1.4 trillion AI data center total addressable market (TAM), with a projected compound annual growth rate (CAGR) of 21% through 2030. This would push the TAM to over $70 billion by 2030, up from $28 billion in 2025. Bank of America’s analysts also noted that the server CPU market is becoming increasingly competitive, with AMD positioned as a leader in cloud server offerings. The bank highlighted AMD’s strong product pipeline, including its current-gen Turin CPUs and the upcoming Venice line, as key strengths. Additionally, AMD’s partnership with Meta has played a role in boosting investor confidence, leading Bank of America to reset its forecast for the stock. The bank’s research note reiterated a “buy” rating for AMD, raising the price target to $310 from $280.#bank_of_america #meta #ai_data_centers #advanced_micro_devices #vivek_arya

Instagram Users Can Now Edit Comments Within 15 Minutes, Meta Unveils New Feature Meta has introduced a new feature for Instagram users, allowing them to edit their comments within 15 minutes of posting. The update enables users to refine their messages, correct mistakes, and improve their communication on the platform. This change aims to enhance user experience by making interactions more flexible and efficient. The feature is part of Meta’s ongoing efforts to refine its social media platforms and address user feedback. The editing function is accessible for 15 minutes after a comment is posted. To use it, users can tap the "Edit" option beneath their comment. A pop-up box will appear, allowing them to modify their text and save the changes by clicking the blue checkmark. The 15-minute window provides ample time for users to review and adjust their comments, ensuring clarity and accuracy. This flexibility is particularly beneficial for those who may need to revise their messages before they are publicly visible. The new feature extends beyond regular posts, as comments can now be edited on Stories and other interactive content formats. This expansion means users can refine their messages across multiple platforms, improving the overall quality of their interactions. The ability to edit comments on Stories, for instance, allows creators to adjust their captions or responses in real-time, making the platform more dynamic. This update is expected to encourage more thoughtful and precise communication among users. Meta has been actively enhancing user experience on its platforms, with this comment-editing feature being the latest addition. Recently, the company removed end-to-end encryption from direct messages (DMs), a move that sparked debate among privacy advocates.#instagram #meta #user_experience #comment_editing #direct_messages

Meta Debuts Muse Spark, First AI Model Under Alexandr Wang Meta announced on Wednesday the launch of Muse Spark, its first AI model developed under the leadership of Alexandr Wang, marking a significant step in the company’s efforts to compete with industry leaders like OpenAI and Anthropic. The model, code-named Avocado during its development phase, was built over nine months by a dedicated team and is positioned as a major advancement over Meta’s previous Llama 4 series. The release comes as Meta seeks to strengthen its position in the rapidly evolving AI landscape, where models from competitors have set high benchmarks for performance. Muse Spark is designed to power queries in the Meta AI app and Meta.ai website immediately, with plans to expand its integration across Facebook, Instagram, and WhatsApp in the coming months. The model accepts inputs in the form of voice, text, or images but generates only text-based outputs. A key differentiator for Muse Spark is its planned open-source release, a move that aligns with Meta’s strategy to foster collaboration and innovation while maintaining control over its intellectual property. The model’s capabilities are further enhanced by its ability to operate in multiple modes, including a fast mode for casual interactions and specialized reasoning modes tailored for specific tasks. One notable feature is the “shopping mode,” which leverages Meta’s vast user data to provide personalized recommendations and insights. This mode is intended to highlight how Muse Spark can integrate user behavior and preferences into its responses, offering a more tailored experience compared to generic AI systems.#meta #anthropic #openai #alexandr_wang #muse_spark

Meta Debuts New AI Model, Attempting to Catch Up to Google, OpenAI Meta has unveiled its first major artificial intelligence model since the high-profile hiring of Scale AI’s Alexandr Wang nine months ago, as the company seeks to reclaim its footing in the rapidly evolving AI landscape. The new model, named Muse Spark and previously codenamed Avocado, marks the debut of Meta’s Muse series, developed by the company’s Meta Superintelligence Labs, which Wang now leads. The announcement comes amid a broader industry shift, with Meta aiming to compete against dominant players like OpenAI, Anthropic, and Google. The launch of Muse Spark follows a significant setback for Meta in its AI ambitions. Last April, the company’s Llama 4 family of models failed to generate the expected enthusiasm among developers, prompting CEO Mark Zuckerberg to reassess the company’s strategy. Llama had previously been positioned as an open-source alternative to proprietary models, but its shortcomings highlighted the challenges of balancing accessibility with performance. The new Muse Spark, however, represents a departure from that approach, as Meta has opted for a proprietary model instead of open-source licensing. The company expressed hope that future iterations of the model could be open-sourced, but for now, the focus is on delivering a competitive product. Alexandr Wang, who joined Meta in June as part of a $14.3 billion investment in Scale AI, has been central to the development of Muse Spark. His leadership at Meta Superintelligence Labs has been instrumental in rebuilding the company’s AI infrastructure from the ground up. In a blog post announcing the model, Meta emphasized that the development cycle for Muse Spark was faster than any previous project, reflecting the urgency of the competition.#google #meta #openai #alexandr_wang #meta_superintelligence_labs

Facebook Removes Page After William Shatner Condemns AI-Generated 'Fake News' Posts About Him William Shatner, the iconic Star Trek actor, has publicly criticized Facebook for failing to remove a page that spread AI-generated fake news stories about him. The page, operated by The Beanstalk Functions Group, was accused of creating misleading content that included fabricated claims about the actor’s health, personal relationships, and alleged demise. Shatner revealed that he had contacted Facebook’s support team to address the issue but was met with resistance, as the platform allegedly refused to take action. The controversy unfolded after Shatner posted on X (formerly Twitter) on Thursday, warning his followers about the deceptive content circulating on Meta’s platforms. He described the page as using artificial intelligence to generate “horrible fake news” stories, which he claimed were monetized. Among the alleged falsehoods were reports that Shatner had stage 4 brain cancer, had been involved in a fight with Erika Kirk (a former co-star from his TV series Boston Legal), and was dying. Shatner emphasized that none of these stories were true, yet they appeared credible enough to gain traction among fans. Shatner detailed his attempts to resolve the issue, stating that he had reached out to Facebook’s parent company, Meta, and also contacted the CEO of Next.js, a web development platform, after noting that the fake posts linked to a website hosted by the company. He argued that the page’s content was violating Meta’s policies, but the platform’s support team reportedly did not act. A Meta representative later confirmed that the page had been removed for policy violations, and as of Thursday afternoon, the Beanstalk Functions Group page was no longer accessible on Facebook.#facebook #meta #william_shatner #the_beanstalk_functions_group #next_js

Big Tech's Second Quarter Faces Major Challenges Amid AI Investments and Market Uncertainty The second fiscal quarter of the year has begun, but Big Tech is already grappling with a wave of challenges that threaten its growth trajectory. Companies across the sector are contending with the high costs of AI infrastructure, declining stock prices, and external geopolitical factors that are clouding investor sentiment. The Magnificent Seven stocks—Amazon, Google, Microsoft, Meta, and others—have all seen declines following their recent earnings reports, despite many posting better-than-expected results. Analysts warn that the sector’s outlook remains uncertain as it navigates the complexities of AI development and broader macroeconomic pressures. The massive investments in AI data centers are at the heart of the current challenges. Major hyperscalers, including Amazon, Google, Microsoft, and Meta, are projected to spend $650 billion in 2026 on capital expenditures, with the majority allocated to building AI infrastructure and developing large-scale models. This spending has raised concerns among investors, who are questioning whether the returns will materialize in the near term. Gartner’s John-David Lovelock drew a parallel between the current AI build-out and the cloud infrastructure boom of the late 2000s, predicting that the market will eventually consolidate into a few dominant players. “The mechanics of the market are very similar to infrastructure as a service,” he said. “Two, maybe three players, will dominate this market in the end.” Despite the optimism around AI’s potential, the sector is facing immediate financial strain. Microsoft, for example, has seen its stock price plummet by 22% since the start of the year, with a 20% drop since its January 28 earnings report.#microsoft #google #amazon #meta #magnificent_seven

ARK Invest Exits Meta and Roku Positions While Increasing Stake in Tempus AI Cathie Wood’s ARK Invest executed a strategic portfolio rebalancing on Wednesday, March 25, reducing exposure to Meta and Roku while significantly increasing its position in healthcare artificial intelligence firm Tempus AI. The investment firm sold 3,578 Meta shares valued at approximately $2.1 million across three funds, bringing its remaining holdings in the ARK Innovation ETF to roughly 105,000 shares, currently worth about $63 million. This represents roughly 1% of the fund’s total assets. ARK also divested 95,090 Roku shares, generating proceeds of around $9.1 million through its ARKK, ARKW, and ARKF funds. This sale follows a prior significant Roku divestment on March 24, continuing a trend of reducing exposure to the streaming company. Additional disposals included 30,174 Teradyne shares valued at $9.7 million and 205,019 Bullish shares totaling about $7.7 million across three ETFs. The firm has been systematically reducing its Bullish position over the past week. Simultaneously, ARK purchased 84,939 Tempus AI shares during Wednesday’s trading session, investing approximately $4.1 million through its ARKK and ARKG ETFs. Tempus AI, which has seen its stock decline 21% year-to-date in 2026, now constitutes the third-largest holding in the ARK Innovation ETF, representing about 5% of the fund’s total assets. The firm’s acquisition appears timed as a value-buying opportunity amid the stock’s recent pullback. Meta faced multiple challenges on Wednesday, including a jury ruling that found the company and Google’s YouTube negligent for operating platforms that harmed minors in a landmark social media addiction lawsuit. Both firms plan to appeal the verdict.#ark_invest #meta #roku #cathie_wood #tempus_ai

The least surprising chapter of the Manus story is what’s happening right now The U.S. and China are locked in an intense competition to dominate the AI landscape, with Beijing pouring billions into domestic projects while its top talent increasingly migrates to American firms. Amid this rivalry, Manus — a once-prominent Chinese AI startup — quietly shifted its operations to Singapore and sold itself to Meta for $2 billion, a move that has sparked significant scrutiny from Chinese authorities. Manus had already established itself as a major player, boasting millions of users and over $100 million in annual recurring revenue by late 2025. Its decision to pivot to Singapore, however, was far from incidental. The company relocated its headquarters and core team from Beijing, restructured its ownership, and actively distanced itself from Chinese regulatory oversight. Meta’s acquisition of Manus, announced in early 2026, marked a dramatic shift, with the U.S. tech giant vowing to sever ties with Manus’s Chinese investors and shut down its operations in China. This move did not go unnoticed. In Beijing, the situation has been met with strong opposition. Chinese officials have long viewed the exodus of AI startups to foreign markets as a betrayal of national interests, using the phrase “selling young crops” to describe companies that leave before reaching maturity, taking their intellectual property and talent with them. The Chinese government has historically taken a hard line against such actions, as seen in the case of Jack Ma’s Ant Group, whose 2020 IPO was abruptly halted after regulatory scrutiny, leading to a $2.8 billion fine and the dismantling of China’s tech sector.#us #china #meta #manus #national_development_and_reform_commission

Sebi Chief Warns of Growing Threat from Fake Apps, Calls for Tech Collaboration Sebi Chairman Tuhin Kanta Pandey has highlighted the increasing danger posed by fake applications, warning they could cause significant financial harm to investors. Speaking at an event to launch the verified app label initiative in collaboration with Google, Pandey urged technology companies like Google and Meta to work closely with financial regulators to safeguard investor interests. Pandey noted that the next phase of heightened investor participation is imminent, emphasizing the importance of protecting stakeholder trust in the market. He cited statistics showing that the number of unique Indian investors has reached 140 million, with the overall market capitalization surpassing Rs 423 lakh crore. The verified app label initiative, launched on Wednesday, aims to ensure that apps on Google’s Play Store display a verified badge, allowing users to transact securely after confirming the badge. The initiative begins with 600 apps from stock brokers, with plans to include registered investment advisors and online bond platforms in the future. Pandey described the effort as pioneering, stating that other global jurisdictions will likely follow this model. He also advised investors to adopt a "pause, verify, and proceed" strategy to protect their interests. Sebi has already taken down over 1.3 lakh pages of harmful content across platforms and removed 66 fake trading apps. Pandey stressed that regulators, intermediaries, and tech firms must share responsibility for investor protection. At the event, Sebi’s whole-time member KC Varshney echoed this sentiment, calling for measures to prevent app stores from hosting fraudulent applications.#google #meta #sebi_chairman_tuhin_kanta_pandey #verified_app_label_initiative #sebi_whole_time_member_kc_varshney