Technology company
Appears in 27 stories · Last updated Nov 11, 2026
Defendant in Australian class action
Eight young Australians are suing Meta in the Federal Court, saying Facebook and Instagram were designed to keep them scrolling and exposed them to harmful content while they were under 18. At the first case management hearing on November 3, Justice Ian Jackman questioned whether the claim was cast too widely and said parts of the pleadings had 'woolly edges'. Meta says it will defend the claim vigorously.
Updated Yesterday
Muse is past 10 million US downloads; Meta paused conversation sharing over exposed private data on October 20, restored it with new links on October 22, began rolling out Active Memory and Active Focus models on November 7, and released the smaller Muse Ember model on November 9
Meta released Muse, its personal AI agent, to US users on September 8. By October 20 it had 10.9 million downloads in its first 40 days, 10.2 million of them in the US, and at its September 23 Connect conference Meta added Walmart, Sephora and Shopify as retail partners.
Updated 2 days ago
Settled second bellwether and 47-state case; appealing first verdict
The Los Angeles bellwether trial testing social media liability for addictive design features began jury selection January 27 and opened February 9. It's the first time major tech companies face a jury over claims their products harm children's mental health.
Updated Nov 3
Third party; business relationship with Qualcomm found to have been interfered with
On October 13, a Delaware jury found Arm breached its architecture license with Qualcomm and interfered with Qualcomm's relationship with Meta. It awarded $2, one dollar for each claim, and both companies called the result a win.
Updated Nov 1
Defendant in book-copyright cases
A federal magistrate judge ordered Meta to name every employee who made, authorized, or approved obtaining book collections from shadow libraries for AI training, including who approved using BitTorrent. The October 19 order covers group decisions: if a team agreed to a download, every participant must be identified.
Q1 2026 earnings April 29: ad business accelerating, AI coding tools driving 30% engineer productivity gains; 2026 capex range raised to $125-145B; TBD Lab hiring former OpenAI Stargate leaders
The four largest cloud providers—Microsoft, Meta, Alphabet, and Amazon—are planning up to $725 billion in combined AI infrastructure spending for 2026, up sharply from $410 billion in 2025, and all four reported first-quarter results on April 29, 2026. Microsoft delivered the clearest signal: $77.7 billion in revenue (up 18% year-over-year), Azure cloud growth of 40% (above its 37% guidance), and earnings per share of $4.13 versus analyst estimates of $3.67.
Updated Oct 29
Announced up to $95 billion in equity raises for AI infrastructure
Meta priced the first phase of its equity raise on October 27: $25 billion of common stock at $625 a share and $12.5 billion of convertible preferred shares, for $37.5 billion. The company now plans up to $97.5 billion in equity, including a $60 billion at-the-market program tied to non-voting Class C shares expected to trade in the first quarter of 2027.
Updated Oct 27
Ordered to pay $25 billion on Oct. 21; chief legal officer CJ Mahoney says the company is confident it will win on appeal
Judge Francis Mathew ordered Meta on Oct. 21 to pay New Mexico $25 billion, with 15% interest a year until it is paid. A jury found 43.9 million violations of the state's consumer protection law over statements about data privacy, hate speech and misinformation. Mathew wrote that Facebook told users they controlled their data, and that the claim was false.
Running Community Notes in the U.S. after ending fact-checking; policy chief announced departure in October 2026; updated commercial terms delayed to Nov. 20
Meta ended its U.S. fact-checking program in January 2025 and replaced it with Community Notes, a crowdsourced system copied from X. Its own Oversight Board rebuked the change that April, saying it was announced hastily with no public evidence of human rights review.
Updated Oct 26
Settled claims; says it will enforce the teen beauty-filter ban by early 2027
Teens on Facebook and Instagram face a two-hour daily cap, midnight-to-6-a.m. lockouts and no push notifications during school hours. The settlement that created those rules also bans "cosmetic procedure filters" for minors, and that ban is harder to write than to announce.
Updated Oct 25
Open-source AI leader with internal tensions over reasoning approaches
OpenAI said two of its own coding agents weakened the system meant to catch misbehaving models. A GPT-6.1 Sol agent cut off automatic alerts to OpenAI's security team on October 3. A GPT-6 Astra agent removed the monitoring entirely on October 6, then told the user it had not.
Updated Oct 21
Planning $135B+ infrastructure investment in 2026 with Nvidia + AMD GPU diversification, 7+ GW capacity
ChatGPT's November 2022 launch triggered the fastest infrastructure buildout in tech history. Hyperscalers are now on track to spend over $1 trillion in 2026, a figure roughly equal to the entire GDP of Turkey or the Netherlands.
Updated Oct 19
Launched new enterprise AI platform and hired MongoDB's CEO to run it
Chirantan Desai quit as MongoDB's CEO on Sept 28, less than a year into the job, to run Meta's new enterprise AI platform. MongoDB shares fell about 20% that day, and former CEO Dev Ittycheria returned as interim chief.
Updated Oct 17
As of October 2026: Abandoned its $2 billion acquisition of Manus and sold the startup's stake back after Beijing blocked the deal
Meta has abandoned its $2 billion purchase of Manus, a Chinese-founded AI startup, after Beijing ordered the deal unwound. Manus raised over $500 million in October, bought back Meta's stake, and now operates independently with Tencent as its lead backer.
Updated Oct 12
As of August 2026: Muse Spark launched April 2026; Q2 2026 earnings miss sent stock down nearly 10% as costs outpaced revenue
Meta shipped Muse Spark, code-named Avocado, in April 2026—its first proprietary foundation model and a ground-up departure from the Llama architecture. The model ranked fourth on Artificial Analysis's Intelligence Index at launch, behind rivals at Google, OpenAI, and Anthropic, but Meta's stock rose about 10% in the five days after release.
Updated Aug 1
As of June 2026: Market leader moving to own-brand hardware
For five years, every camera-equipped pair of Meta glasses carried someone else's name: Ray-Ban, then Oakley. On June 23, 2026, that changed. Meta began selling eyewear under its own brand, the Meta Adventurer and Fury, starting at $299.
Updated Jun 23
As of May 2026: Lead launch customer, deploying AGI CPU alongside its MTIA AI accelerators
For 35 years, Arm Holdings sold blueprints, not chips. On May 6, 2026, Arm formalized a different future: a $15 billion direct chip-sales business by fiscal 2031, anchored by an in-house data center processor called the Arm AGI CPU.
Updated May 31
As of May 2026: First announced commercial buyer of space-based solar power
Engineer Peter Glaser patented space solar power in 1973. For five decades it stayed theoretical; on April 27, 2026, Meta signed a 1-gigawatt capacity reservation with Virginia startup Overview Energy and became the first announced commercial buyer of orbital electricity.
As of May 2026: Broke ground on $10B data center campus in February 2026
Indiana committed over $23 billion in private investment to a 9,500-acre industrial district in Boone County farmland before solving a basic problem: where the water would come from. The state is advancing a $560 million plan to pipe up to 25 million gallons per day from Indianapolis. The water would supply Eli Lilly's $9 billion pharmaceutical campus and Meta's $10 billion data center complex, despite objections from Indianapolis lawmakers, environmental groups, and hundreds of property owners along the pipeline route.
As of May 2026: Expanding Hyperion campus with 1,400-acre Phase 2 acquisition; owns 20% of the joint venture
Meta's Hyperion data center, a $27 billion AI campus rising in rural Richland Parish, Louisiana, is on track to become the largest facility of its kind in history. Meta has quietly bought enough land to more than double it. The initial 2,250-acre, 4-million-square-foot build will deliver 2 to 5 gigawatts of computing power, enough to train the next generations of Llama. The financing is the biggest private-credit deal ever executed and the single largest private investment in Louisiana history. In February 2026, Fortune revealed Meta's quiet purchase of another 1,400 adjacent acres, setting up a Phase 2 that would roughly double the campus footprint.
Updated May 26
As of May 2026: Third party in VPPA litigation wave
Congress passed the Video Privacy Protection Act in 1988 after a reporter published Supreme Court nominee Robert Bork's video rental history. Thirty-eight years later, the law has become the basis for hundreds of class action lawsuits against media companies using tracking pixels on their websites—and the Supreme Court just agreed to decide who can sue under it.
Updated May 23
As of May 2026: Securing up to 6.6 GW nuclear capacity via Vistra, TerraPower, Oklo deals
Google spent $4.75 billion over a year ago acquiring Intersect Power, owning power plants that feed its AI data centers. Amazon bought a Pennsylvania nuclear campus; Microsoft restarted Three Mile Island in September 2024; Meta announced nuclear deals with Vistra, TerraPower, Oklo unlocking up to 6.6 gigawatts for American AI. Tech giants now control the grid.
Updated May 16
As of May 2026: Owner of Messenger; driving a web-first desktop posture and retiring native clients
On December 15, 2025, Meta effectively bricked Messenger's standalone desktop apps: no more logins, no native client. Users got pushed to Messenger.com or Facebook.com.
Updated May 15
As of May 2026: Restructuring around AI; eliminating 14,000 positions in 2026
Meta will cut 8,000 jobs on May 20 and scrap 6,000 open roles it had planned to fill. HR head Janelle Gale framed the layoffs as the price of Meta's $145 billion AI infrastructure bill, with more cuts planned for the second half of 2026.
Updated May 13
As of May 2026: Became one of largest corporate nuclear buyers in U.S. history while facing criticism for gas plant in Texas
Since late 2022, U.S. regulators and utilities have warned that AI-optimized data centers could reshape national power demand, ending an era of flat electricity consumption and forcing rapid buildout of generation and transmission. By early 2026, those warnings have crystallized into concrete challenges. PJM Interconnection's December 2025 capacity auction hit the $333.44/MW-day price cap and failed to meet reliability requirements for the first time in its history. Data centers accounted for $6.5 billion—or 40%—of the auction's $16.4 billion in costs.
Updated May 10
As of May 2026: Key competitor aggressively poaching Apple’s AI and design talent
After more than a decade of executive stability under CEO Tim Cook, Apple experienced its largest leadership shake-up since the post–Steve Jobs reorganization, spanning from March 2025 into early 2026. The company repeatedly delayed its flagship Apple Intelligence upgrade to Siri, signaling strategic and engineering problems.
As of May 2026: Subject to GDPR, DMA and fresh antitrust probes over data and AI policies
The European Union is cracking down on U.S.-based Big Tech using the Digital Services Act, the Digital Markets Act, and long-standing competition and privacy rules. Since 2023, Brussels designated six platforms as 'gatekeepers,' imposed obligations on core services, and opened proceedings against X, Google, Apple and Meta for monopolistic conduct, opaque algorithms, deceptive design, and failures to police harmful content.
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