Meta Launches Instants, New iPhone App for Ephemeral Sharing
Meta released Instants on May 13, an iPhone app integrated with Instagram that supports ephemeral content sharing, competing with Snapchat.
Meta released Instants on May 13, an iPhone app integrated with Instagram that supports ephemeral content sharing, competing with Snapchat.
Meta smart glasses are criticized as an invasion of privacy, but sales data remains strong.
A New York Times investigation found that Meta’s aggressive AI transformation is driving rising employee dissatisfaction and severely impacting internal morale.
Senator Warren Questions Meta on Stablecoin Plans Senator Elizabeth Warren has pressed Meta over its stablecoin trial, citing risks from the previous Libra project and the company’s planned 2026 integration, according to The Block. Warren’s inquiry highlights ongoing regulatory concerns about major technology companies entering the cryptocurrency space. She has long been one of the most vocal critics of the crypto industry in Congress. The questioning references Meta’s previous attempt to launch the Diem (formerly Libra) stablecoin project, which faced intense regulatory pushback and was ultimately abandoned. Warren expressed concerns about the timeline for integrating stablecoin functionality into Meta’s platforms in 2026. ...
Meta has filed a High Court challenge against the UK communications regulator Ofcom over its fee structure. Meta argues that Ofcom’s charges are unreasonable and may constitute an unfair burden on technology companies. The outcome of this case could have significant implications for the financial framework of UK tech regulation.
Meta announces the acquisition of humanoid robotics startup Assured Robot Intelligence, bolstering its AI capabilities for robotics applications and marking a major push into the embodied intelligence sector.
Meta has completed its acquisition of Assured Robot Intelligence, a company that builds AI models for robots, marking Meta’s formal entry into the humanoid robot space.
Meta reported Q1 2026 revenue of $42.3 billion, up 33% year-over-year, with net income of $26.8 billion. However, the company raised full-year AI capital expenditure guidance to $125-145 billion, sparking investor concern and sending shares down over 6% after hours.
Microsoft, Amazon, Google and Meta all report Q1 earnings. Copilot reaches 20M paid seats, AWS revenue grows 28% to $37.6B, but massive AI spending raises investor concerns.
The European Union has formally charged Meta under the Digital Services Act for failing to effectively prevent children under 13 from using Facebook and Instagram, with potential fines of up to 7% of global revenue.