Mark Zuckerberg

Meta to cut 30% of Metaverse budget as layoffs loom in 2026: Report

CEO Mark Zuckerberg has heavily bet on the augmented-reality unit, with the company changing its name to Meta from Facebook in 2021. The unit has burned more than $60 billion since 2020

Best of BS Opinion: Gautam Gambhir and India's selectors must go

Today's columnists write about long-term oil forecasts and wartime 'jugaad' to India's cricket woes, the AI investment frenzy and a new documentary probing US secrecy on non-human intelligence

Cambridge Analytica case: Zuckerberg's Meta settles claims for $190 million

Representatives of Menlo Park, California-based Meta and Zuckerberg didn't immediately return emails seeking comment on the settlement

Amazon set to raise $12 billion in first US bond sale to fuel AI growth

Amazon is returning to the US bond market after three years to raise $12 billion, aiming to fund its growing investments in AI and expand its infrastructure

Zuckerberg slips to fifth on rich list as Meta shares plunge on AI plan

Meta's stock fell 11%, the most since 2022, after it said to issue the biggest investment-grade bond offering of the year to boost spending on AI research, dropping Zuckerberg's net worth

Meta set to raise $25 bn in its biggest-ever bond sale to fund AI expansion

Meta Platforms' $25 billion bond sale, among the biggest US corporate bond offerings of 2025, will help the company to ramp up AI infrastructure and integrating AI services into core products

AI spending spree tests investors' patience at Meta, Microsoft and Alphabet

Three bellwethers from different corners of the technology world - Alphabet Inc, Meta Platforms Inc and Microsoft Corp - together racked up some $78 billion in capital expenditures last quarter up 89%

Indian-origin startup offers jobs to laid-off Meta staff, pay up to ₹5.2 cr

Meta to cut 600 positions from its AI labs; Smallest AI, led by Indian-origin founder Sudarshan Kamath, has offered to hire these affected employees with top salaries of $600,000

Meta to lay off 600 employees amid AI overhaul, top-tier staff retained

Meta's layoffs will hit employees in AI infrastructure, Fundamental Artificial Intelligence Research unit (FAIR) and other AI product teams

Meta, Blue Owl seal $30 bn private capital deal for Hyperion data centre

The financing is set to provide a roadmap for other hyperscalers looking to develop data centre without harming their credit ratings, as firms go on borrowing binges to try to keep up with the costs

Meta launches $799 Ray-Ban smart glasses with built-in display, AI features

In an interview ahead of their launch, Chief Technology Officer Andrew Bosworth called the new glasses "the first serious product" in the space

Fired WhatsApp security head accuses Meta of ignoring major privacy threats

Attaullah Baig said Meta ignored repeated warnings about hacks and data risks on WhatsApp, gave staff wide access to private details and then fired him after he raised concerns

Meta pays $55 an hour to contractors to train AI bots in Hindi, Spanish

Meta is hiring contractors fluent in Hindi, Spanish, Portuguese, and Indonesian to design culturally relevant AI chatbots for Instagram, WhatsApp, and Messenger

Hot mic catches Zuckerberg admitting his $600 bn vow to Trump was a guess

At a White House dinner, Mark Zuckerberg pledged $600 bn US investment but a hot mic later caught him telling Trump he had guessed the number, sparking viral reactions

Trump hosts top tech CEOs at White House dinner, Musk absent from list

US President Donald Trump hosted a high-powered group of tech executives at the White House on Thursday as he showcased research on artificial intelligence and boasted of investments that companies are making around the United States. This is taking our country to a new level, he said at the centre of a long table surrounded by what he described as high IQ people". It was the latest example of a delicate two-way courtship between Trump and tech leaders, several of whom attended his inauguration. Trump has exulted in the attention from some of the world's most successful businesspeople, while the companies are eager to remain on the good side of the mercurial president. While the executives praised Trump and talked about their hopes for technological advancement, the Republican president was focused on dollar signs. He went around the table and asked executives how much they were investing in the country. Meta's Mark Zuckerberg, who sat to Trump's right, said USD 600 billion. Apple

Apple loses key AI talent as robotics researcher jumps ship to join Meta

The fresh exits include robotics lead Jian Zhang and members of the Foundation Models team, triggering concerns about Apple's shift toward external AI and declining staff morale

Reliance AGM highlights: 2026 Jio IPO, AI push with Google, Meta, and more

RIL AGM: Jio Chairman Akash Ambani added that the company has crossed 500 million customers, making it one of the largest telecom operators globally

RIL sets up Reliance Intelligence, partners Google to transform AI in India

Reliance Intelligence will bring global companies to India and deliver trusted and easy-to-use AI solutions for consumers, small businesses, enterprises, Mukesh Ambani said

Zuckerberg raised digital tax concerns with Trump before tariff vow

Trump and Zuckerberg discussed the threat of digital service taxes, which are imposed on the revenue that tech companies get from users in a particular country

Whatever happened to the metaverse dream that was meant to change tech?

Once billed as the next internet, the metaverse is now a patchwork of gaming, AR, and enterprise tools, which is far from the trillion-dollar vision tech giants once promised