Meta
Technology
Meta cuts 168 jobs as Reality Labs pivots to 'AI builders'
Virtual reality division restructured into AI-native pods as Zuckerberg doubles down on artificial intelligence
AI
Trump Names Zuckerberg, Huang, Ellison to White House AI Council
13 tech CEOs appointed to PCAST, Musk and Altman absent
News
Meta's $280 Billion Wipeout Sparks 'Tobacco Moment' Questions
Child safety verdicts and AI spending concerns send investors fleeing as analysts wonder if the social media giant has become uninvestable
Geopolitics
Trump's War Has Two Problems Money Can't Fix: No Oil, Fewer Missiles
Four weeks into the Iran conflict, the White House faces twin strategic crises that don't care about its messaging.
Geopolitics
Meta and Google Lose $381M in Child Safety Verdicts
Two juries in three days find social platforms liable for harm to minors
AI
Google Backs Anthropic's $5B Texas Data Center in AI Arms Race
Tech giant offers construction financing for 500MW campus as Claude creator locks in compute capacity advantage over smaller rivals
Geopolitics
ASX 200 Set to Drop 65 Points Monday as Wall Street Tumbles, Oil Hits $112
Energy and gold stocks may provide shelter as Middle East tensions escalate
Geopolitics
Google's Agent Smith AI So Popular It Got Throttled
Agent Smith automates coding tasks and works in the background while employees use their phones. Sergey Brin told staff that AI agents will be a 'big focus' for Google this year.
Geopolitics
David Sacks Out as AI Czar, Joins Billionaire Council
The PayPal Mafia veteran's 130-day stint as Trump's crypto and AI czar is over. He moves to PCAST, an advisory body stacked with Jensen Huang, Mark Zuckerberg, Larry Ellison, and Sergey Brin. He'll advise on policy. He won't make it.
Work
Amazon Confirms 16,000 Corporate Job Cuts in 2026 Workforce Restructuring
E-commerce giant announces largest single layoff of 2026 as part of broader corporate downsizing strategy.
Geopolitics
Meta and YouTube Found Liable for Addictive Design in Landmark Child Safety Verdict
A California jury awarded $6 million to a plaintiff who argued that Instagram and YouTube's design features caused mental health harm, opening social media companies to a new category of product liability claims.
Geopolitics
The $650 billion question: Can Big Tech justify the AI spending spree?
Microsoft, Alphabet, Meta, and Amazon are on track to spend $650 billion on AI infrastructure by the end of 2026. Investors are starting to ask where the return is.
Geopolitics
Meta Ordered to Pay $375 Million in New Mexico Over Child Safety Failures
A Santa Fe jury found Meta liable for concealing predator risks on Facebook and Instagram, marking the first time a state has prevailed at trial against a major tech company over child harm.
Geopolitics
Gentlemen Directors Need Not Apply: The Star Judgment and the Death of Passive Oversight
Justice Lee's ruling against Star's executives carries a message for every Australian boardroom: ignorance of risk is no longer a defence.
Work
Trump AI framework tells states to back off as critics warn of accountability gap
The White House wants to preempt state AI laws before they exist. The constitutional and practical problems run deeper than the four-page document suggests.
AI
Rocky and Grace: What Project Hail Mary Gets Right About the Limits of Intelligence
Andy Weir's blockbuster rests on a quietly radical thesis: that all intelligent civilizations hit the same ceiling, discover the same technologies, and face the same existential threats. Two writers argue about what this means for AI.
AI
Best Digital Marketing and Media Buying Agencies in Australia for 2026
A practical guide to Australia's top digital marketing and media buying agencies: performance specialists, full-service firms, and programmatic experts from Sydney to Perth.
Geopolitics
The Heretic of Silicon Valley
When a tech CEO calls for government regulation of his own industry, it tells us something about where the reckoning has arrived.
Geopolitics
Scientists Engineer Probiotic Bacteria to Hunt Tumours and Make Cancer Drugs
Researchers at Shandong University have modified common gut bacteria to infiltrate tumours and produce an FDA-approved cancer drug directly where it is needed. Mouse trials show promising results.
Geopolitics
BTS Returns: 260,000 Fans Descend on Seoul for K-Pop's Biggest Comeback in a Decade
After four years of military service, the world's biggest band reunites at Gwanghwamun Square in a free concert livestreamed globally on Netflix.
Geopolitics
Chuck Norris, the Unkillable Man, Has Died at 86
The martial arts champion, action star and unlikely internet immortal passed away Thursday in Hawaii. He leaves behind a singular legacy: the man too tough to die, who finally did.
Finance
The seven-hour threshold: what this year's data tells us about teens and social media
New data from 47 countries shows teenage girls in English-speaking nations are among the hardest hit by heavy social media use, with Australia's position outside the top 10 happiest countries unchanged.
Geopolitics
Meta abandons end-to-end encryption for Instagram DMs, citing low uptake
The company will remove the privacy feature from Instagram on May 8, opening user messages to potential scanning and third-party access.
Work
8 Signs Your Job Might Be Replaced by AI
Not all automation threats are obvious. Here's what to watch for.
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