Meta

Meta ordered to pay $567 million in New Mexico child safety case

A New Mexico judge has ordered Meta to pay $567 million and implement sweeping new safeguards for young users of Facebook and Instagram, delivering the largest additional financial penalty yet imposed on the tech company in the child-safety litigation.

Meta to lay off 8,000 employees amid surge in AI spending

Meta has announced it will lay off approximately 8,000 employees, about 10% of its global workforce, as part of a broader restructuring driven by its expanding focus on AI

EU hits Apple and Meta with nearly $800 million in fines amid Trump tariff tensions

The European Union has fined Apple and Meta a combined €700 million ($797 million) for breaching the bloc’s Digital Markets Act.

Chinese AI startup DeepSeek outperforms OpenAI and Meta, stuns tech world

A Chinese AI company that rivals ChatGPT, is gaining attention in Silicon Valley with its rapid rise, nearly outperforming leading American AI companies like OpenAI and Meta.
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Catastrophic floods on China-Nepal border kill more than 360, with over 1,400 missing

A massive flood of mud, water and debris swept through villages on both sides of the border between Nepal and China, killing more than 360 people and leaving nearly 1,450 missing as rescue teams raced to reach communities cut off by destroyed roads and bridges.
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