Teachers in Richland Parish, Louisiana, will receive bonuses up to $50,935, a huge increase from last year's $10,200, funded by a surge in sales-tax revenue linked to Meta's $10 billion Hyperion data center construction. The tax boost comes from a 1% sales tax on Meta's construction purchases, with the local school district receiving over half the proceeds. While the data center has created thousands of temporary construction jobs and boosted local business, permanent jobs will be fewer once construction ends. Meta will continue paying property taxes at a discounted rate, supporting ongoing local revenue for schools despite some community concerns about data center impacts.
Meta is investing heavily in future technologies with a 2026 capital budget up to $145 billion, causing current profit and cash flow pressures. Despite a 14% drop in shares over the past year, revenue grew 28% year-over-year in Q2 2026. Analysts see ...
Investors are rotating capital into frontier tech stocks such as SpaceX, Anthropic, and OpenAI, anticipating their upcoming IPOs and signaling a shift from legacy tech giants. The FAB 10 and MANGOS baskets highlight this trend, with SpaceX's $75 bill...
A Utah mother, Kalie Robins, discovered that Meta AI surfaced sensitive personal information about her young daughters after she posted a video on Facebook. The AI revealed their names, birth details, deleted photos, and even attempted to pinpoint th...
Meta's $18 billion child safety settlement requires TikTok and YouTube to adopt similar protections and pay $5.3 billion combined. Meta tried running ads on TikTok urging them to join the deal, but TikTok rejected the ads citing a ban on political co...
Meta Platforms remains a Buy recommendation as it focuses on AI and personal intelligence for growth. The recent $18 billion settlement over social media addiction has a limited financial impact, spread over ten years, minimally affecting free cash f...
