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In January, Meta announced the end of third-party fact checkers on Facebook, Instagram, and Threads. The tech giant is betting on a new, community-driven system called Community Notes that draws on X’s feature of the same name and uses the X’s open algorithm as its basis. Meta is rolling out the feature today. Anyone who wants to write and rate community notes can sign up now. The rollout will be throttled and, initially, notes won’t appear publicly as Meta claims it needs time to feed the algorithm and ensure this system is working properly. The promise is enticing. A more scalable, less biased way to flag false or misleading content, driven by the wisdom of the crow…
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The first Big Tech layoffs of 2026 have happened. This week, Facebook owner Meta Platforms reportedly informed employees that up to 1,500 positions in its Reality Labs division would be eliminated. Here’s what you need to know about the job cuts. What’s happened? Meta this week notified employees in its Reality Labs division that up to 10% of jobs could be lost, according to a Bloomberg report. A day earlier, the New York Times reported that the layoffs were expected. Reality Labs is a division of the social media giant primarily responsible for developing the company’s augmented and virtual reality products. The division was responsible for spearheading Meta’…
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Meta CEO Mark Zuckerberg has long encouraged people to use their phones, whether through the forsaken Poke on Facebook or uploading Reels on Instagram. But the company’s newest idea for how and when to take out your phone might be too big an ask for some cinema lovers: Meta wants people to use their phones in movie theaters, specifically for its chatbot Movie Mate. The chatbot, which Meta has reportedly claimed will “get audiences back in theaters,” works by sending moviegoers trivia, quips, and questions about the movie, according to the New York Times. The catch? All of this happens while the film plays in front of them. Fast Company has reached out to Meta fo…
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Nothing is certain, they say, but death and taxes. But a new idea from Meta could add social media to that list. The tech giant was granted a patent in December that would allow it to simulate a user via artificial intelligence when he or she is absent from the social network for extended periods, including, “for example, when the user takes a long break or if the user is deceased.” The patent covers a bot that could simulate your activity across Meta’s products, including Facebook, Instagram, and Threads—making posts, leaving comments, and interacting with other users. It could even, potentially, communicate directly with people via chats or video calls, the pate…
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Yesterday, shares of Facebook and Instagram owner Meta Platforms (Nasdaq: META) dropped nearly 8% in a single trading session, ending the day at $547.54 per share. Today, the stock price has continued to fall, down about 2.5% in early-morning trading. At its current price of around $533 per share, it has declined more than 32% since META shares reached an all-time high of over $796 per share last August. But why has Meta, led by CEO Mark Zuckerberg, seen its stock fortunes reversed so profoundly since last summer? There are three primary factors at play. Meta loses landmark social media addiction trial The most immediate factor affecting META stock is lik…
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Meta’s fourth-quarter results jumped past Wall Street’s expectations thanks to solid advertising revenue, sending shares sharply higher in after-hours trading Wednesday. The company earned $22.77 billion, or $8.88 per share, in the October-December quarter. That’s up 9% from $20.84 billion, or $8.02 per share, in the same period a year earlier. Revenue grew 24% to $59.89 billion from $48.39 billion. Analysts, on average, were expecting earnings of $8.21 per share on revenue of $58.5 billion, according to a poll by FactSet. “Once again, Meta surpassed analysts’ earnings expectations for the quarter, cementing its position as one of the world’s most dominant…
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Shares of Facebook owner Meta Platforms (Nasdaq: META) are surging in premarket trading this morning after the company announced its fourth-quarter 2025 earnings yesterday afternoon. The earnings not only exceeded investor expectations, but CEO Mark Zuckerberg also laid out his vision for how artificial intelligence is set to transform the company—and personal computing—in the years ahead. Here’s what you need to know. Meta reports strong Q4 2025 earnings Expectations for Meta’s Q4 2025 were relatively high, but when the company announced its latest quarterly earnings after the bell last night, they exceeded what most investors had hoped for. Here are the…
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Shares of Meta Platforms, Inc. (META) rose on Thursday after Bloomberg reported the technology company was planning to cut spending across its division by 10%, with as much as 30% cuts to its virtual reality group, which includes the so-called metaverse. This could potentially include layoffs, which could come as early as January, and are part of the company’s 2026 budget, according to the article. Meta—the owner of Facebook, Instagram, Threads, Messenger, and WhatsApp—develops metaverse technologies, such as the Horizon Worlds platform. Fast Company has reached out to Meta for comment. Meta stock rose 5.7% in early trading Thursday, before settling up a…
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Facebook parent Meta has reached nuclear power deals with three companies as it continues to look for electricity sources for its artificial intelligence data centers. Meta struck agreements with TerraPower, Oklo and Vistra for nuclear power for its Prometheus AI data center that is being built in New Albany, Ohio. Meta announced Prometheus, which will be a 1-gigawatt cluster spanning across multiple data center buildings, in July. It’s anticipated to come online this year. Financial terms of the deals with TerraPower, Oklo and Vistra were not disclosed. The Mark Zuckerberg-led Meta said in a statement on Friday that the three deals will support up to 6.6 gigawatts of …
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Employees at Meta Platforms may soon feel like they’re spilling TMI to their employer’s MCI. The parent company of Facebook, Instagram, and WhatsApp is installing new software—reportedly dubbed Model Capability Initiative (MCI)—on its employees’ computers and workstations that will, among other things, track and capture mouse movements and keystrokes in an effort to train AI models, Reuters first reported on Tuesday. It’s all part of a broader effort to develop autonomous AI agents that can perform specific work tasks. A Meta spokesperson confirmed that the company was, indeed, pushing forward with the measure. “If we’re building agents to help people com…
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Soon, all businesses will be able to use Meta’s AI to power live, 24/7 customer service that can interact with customers on behalf of businesses on Instagram, Facebook, and WhatsApp. Meta announced advancements in business AI—including the customer service AI agent that will make purchases and can respond to voice prompts from a user—at a conference Tuesday morning. “We are at an amazing and historic moment,” said Clara Shih, the VP of Business AI at Meta. “We are on the cusp of AI being in the hands of every consumer and every business.” Over 600 million conversations between a person and a business occur in a day on all of Meta’s social platforms. With its n…
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Meta announced to employees on Thursday that the company is laying off around 10% of the company on May 20—about 8,000 employees out of its workforce of more than 78,000 will be impacted, Bloomberg first reported. The company will also close 6,000 open roles it planned to fill, according to a memo that was sent to staffers today from Meta’s chief people officer, Janella Gale. In the memo, obtained by Business Insider, Gale attributed the cuts to Meta’s “continued effort to run the company more efficiently and to allow us to offset the other investments we’re making.” The memo did not specify what those “other investments” are, but it’s public knowledge that …
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Meta has prevailed over an existential challenge to its business that could have forced the tech giant to spin off Instagram and WhatsApp after a judge ruled that the company does not hold a monopoly in social networking. U.S. District Judge James Boasberg issued his ruling Tuesday after the historic antitrust trial wrapped up in late May. His decision follows two separate rulings that branded Google an illegal monopoly in both search and online advertising, dealing yet another regulatory blow to the tech industry that for years enjoyed nearly unbridled growth. The Federal Trade Commission “continues to insist that Meta competes with the same old rivals it has for…
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Everyone has a favorite moment from Super Bowl LIX. Eagles fans likely will long cherish the decisive victory over the Chiefs. Some will discuss Kendrick Lamar’s game-changing halftime show. Me? I was happy to see Puppy Monkey Baby again. The former Mountain Dew mascot, which made its disturbing debut in 2016 and was widely hated by pretty much everyone, was part of DoorDash’s 2025 Super Bowl commercial, a spot that crammed in more corporate mascots than anyone thought possible. For some reason, that stirred some nostalgic feelings in me and I took to Facebook to post “I, for one, am THRILLED to see the return of Puppy Monkey Baby!!!” That’s when things got weird. …
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Since ChatGPT sparked the generative AI revolution in November 2022, interacting with AI has felt like using a digital confession booth—private, intimate, and shielded from public view (unless you choose to share). That’s about to change dramatically with Meta’s rollout of social features in its stand-alone AI app, released last week. Those quiet queries—“What’s this embarrassing rash?” or “How can I tell my wife I don’t love her anymore?”—could soon be visible to anyone scrolling through the app’s Discover tab. If society is still grappling with how to navigate artificial intelligence, Meta’s changes risk throwing even more confusion into the mix. For tech-savvy …
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Meta Platforms has been spending too aggressively on artificial intelligence (AI) infrastructure and that will affect the tech giant’s profitability, according to a new investor note from Wall Street analyst firm MoffettNathanson. The note, published on Tuesday, points out that Meta’s stock price (Nasdaq: META) has fallen almost 20% over the past month or so, exacerbated by its most recent earnings results, which were released on October 29. MoffettNathanson has been a staunch defender of the Facebook and Instagram parent company, even when its shares have dipped in the past. But on Tuesday, analysts at the firm wrote, “we were obviously too complacent in our inv…
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In a rural corner of Louisiana, Meta is building one of the world’s largest data centers, a $10 billion behemoth as big as 70 football fields that will consume more power in a day than the entire city of New Orleans at the peak of summer. While the colossal project is impossible to miss in Richland Parish, a farming community of 20,000 residents, not everything is visible, including how much the social media giant will pay toward the more than $3 billion in new electricity infrastructure needed to power the facility. Watchdogs have warned that in the rush to capitalize on the AI-driven data center boom, some states are allowing massive tech companies to direct exp…
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Meta is making font design as easy as writing a prompt with its newest AI tool. On March 27, the company rolled out new features within its stand-alone Edits app for editing photos and short-form video, including “AI Style” for fonts, which lets users customize text themselves. It’s like a modern-day version of the classic WordArt style in Microsoft Word, but with AI text prompts. The feature is a bit tucked away within the “Styles” tab, but users can find it when editing text by tapping the “Restyle” icon between the icons to write and choose a font. A list of suggested prompts shows what’s possible. The loading screen shows an animated plus-sign pattern. Sug…
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Forget magical virtual worlds. In its quest to broaden the audience for virtual reality, Meta is now embracing much more familiar surroundings: Owners of Meta’s Quest VR headsets will soon be able to create digital replicas of any room in their house, and then invite others to “visit” them in those spaces. Imagine, for instance, having a spontaneous family reunion in a metaverse version of your living room – perhaps even with an avatar that looks just like you, and not a character that has escaped from a video game. “There is something very magical about scanning a space that you know, bringing someone else who knows that space into it and feeling like you’re there toget…
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It’s game time for Meta’s wearables: The tech giant has bought two ad spots for its Ray-Ban Meta smart glasses during Sunday’s Super Bowl broadcast, including one that has Chris Hemsworth and Chris Pratt wreaking havoc on Kris Jenner’s art collection. The star-studded spot is part of a bigger push to bring AI-powered wearables to the masses. Last week, Mark Zuckerberg revealed that the company had sold more than one million of its high-tech Ray-Bans in 2024, and hinted at plans to sell many more in the near future. “This will be a defining year that determines if we’re on a path towards many hundreds of millions and eventually billions of AI glasses,” he told investor…
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For women reading this article, how old were you when you received your first sexual advance from a man? For men reading, ask any woman you know. Better yet, ask several of them. I bet their answers turn your stomach. In late September, The Guardian reported that Meta used back-to-school photos of teenage girls to advertise the Threads app to fully grown men. Girls as young as 13. These photos were posted by regular moms on Facebook and Instagram, some of whom had their profiles set to private. The photos of girls in their school uniforms appeared in-feed as advertisements resembling organic “suggested” threads posts, or were outright cross-posted without cons…
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