Sabanci Renewables, a subsidiary of Sabanci Holding, has signed a long-term Power Purchase Agreement with Meta to supply 100% of the environmental attributes from its 220 MW solar projects in Texas, expected to be completed in late 2027. These projects, Lucky 7 Solar and Pepper Solar, will support over 600 construction jobs and generate significant local tax revenue, contributing to Texas' renewable energy capacity. This deal marks a key milestone for Sabanci Renewables' expansion in the U.S. renewable market and aligns with Meta's commitment to adding clean energy resources to its operations.
Jim Cramer cautioned that the recent rally in Big Tech stocks like Alphabet, Microsoft, Meta, and Amazon might be more about investor optimism than real improvements in their business fundamentals. Despite positive news such as Warren Buffett's endor...
Meta Platforms faces a lawsuit from 26 employees alleging the company used AI tools and automated metrics to select workers for layoffs, disproportionately affecting those on medical, parental, or family leave. The lawsuit claims Meta's AI-driven per...
TappAlpha introduced the TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF (TMGN), which offers exposure to the Cboe Magnificent 10 Index featuring leading tech companies like Nvidia, Microsoft, and Apple. This ETF applies TappAlpha's options-b...
A group of current and former Meta employees filed a lawsuit claiming the company used artificial intelligence in its recent layoffs in a discriminatory way. The lawsuit alleges Meta's AI systems ignored approved absences like medical or family leave...
Meta faces a lawsuit from 26 employees accusing the company of using AI tools that unfairly targeted workers with disabilities and those on medical leave during recent layoffs. The suit claims Meta's AI system, including an internal bot and activity ...
