Meta is facing a significant legal trial in California led by Attorney General Rob Bonta, involving 29 states accusing the company of fostering addictive behavior in teens and violating children’s privacy laws. This case follows a recent $1 billion loss in New Mexico and could result in massive penalties and forced changes to Facebook and Instagram’s design, including removing addictive features. The trial is seen as a pivotal moment for social media regulation, potentially reshaping Meta’s business model and impacting its ad revenue, which funds its AI investments. The outcome could set a precedent for nationwide reforms in tech industry practices.
The Asia-Pacific sustainable data center market is projected to grow from $16.74 billion in 2025 to $57.18 billion by 2031, at a CAGR of 22.7%. Growth is fueled by rising demand for AI, cloud computing, and hyperscale infrastructure, prompting invest...
Virtuix Holdings has become an official reseller of Meta products, expanding its collaboration with Meta following the successful launch of Omni One for Quest. Omni One orders have tripled compared to last year, driven by strong consumer demand and a...
Apple is set to unveil new smart-home devices at its "Welcome Home" event, marking a significant push into the smart-home market where it has lagged behind Amazon and Google. This move aims to strengthen Apple's ecosystem by making its hardware centr...
Meta Platforms' stock rose 3.38% following the launch of its new AI model, Muse Wonder, sparking positive investor sentiment and multiple Wall Street price target upgrades. Analysts from Bank of America, Wells Fargo, and Evercore ISI raised their pri...
Meta Platforms announced it will release its third quarter 2026 financial results after market close on October 21, 2026. The company will hold a conference call at 1:30 p.m. PT / 4:30 p.m. ET the same day to discuss the results, accessible via a liv...
