Meta Spending to Soar on AI, Massive Data Center

Snap’s increased AI spending may push profits even further out

Guggenheim downgraded Snap’s stock, warning that increased AI investments could defer operating profits until 2027.

MarketWatch - 1h

Free agent center Len signs deal with Lakers

Free agent center Alex Len has signed a deal to join the Los Angeles Lakers, providing some much-needed frontcourt depth.

ESPN - 1h

Zuckerberg’s swerve: how diversity went from being a Meta priority to getting cancelled

Meta once invested millions and attracted top talent as tech’s leader in corporate diversity. After those aspirations peaked in 2019, the company scuttled them altogether. In 2019, Facebook set ...

The Guardian - 13h

Who’s using AI the most? The Anthropic Economic Index breaks down the data

Anthropic uncovers AI's true workforce impact: 57% augmentation vs 43% automation across industries, based on 4 million Claude interactions.

VentureBeat - 1d

KEF Q Series Concerto Meta Review: Sweet Sound All Around

KEF’s loaded Concerto speakers pack warm and silky sound with bass to spare.

Wired - 2d

Big Tech Keeps Its A.I. Data Center Spending Boom Alive

An apparent breakthrough in efficiency from the Chinese start-up did not make tech’s biggest companies question their extravagant spending on new data centers.

The New York Times - 3d

Schumer: Democrats will use spending bills to curb Musk

Senate Democratic Leader Chuck Schumer (N.Y.) says Democrats will push for language in the spending bills that need to pass by March 14 that would unwind Elon Musk’s efforts to dismantle government ...

The Hill - 3h

Coinbase’s bonds have soared since Trump’s election victory

A member of the “MAGA Seven,” Coinbase is seeing an increase in interest.

MarketWatch - 5h

A quick way to cut $1 trillion in federal spending

President Trump suggests that state governments should have primary responsibility for handling disasters, and cutting federal taxes would allow states to access more money to address their needs.

The Hill - 12h

Arrests of US citizens for cartel-related crimes in Mexico soared under Amlo

Sixfold rise from days of Peña Nieto suggests Americans have increasingly become pawns for drug gangs, study finds. The number of Americans arrested in Mexico for offenses related to organized ...

The Guardian - 13h

Shot, poisoned and beaten to death: why leopard killings are soaring in Pakistan

A wave of incidents threatens the survival of the species in the country, say conservationists. Inside the Pakistan Museum of Natural History, in Islamabad, two taxidermists work on a leopard skin. ...

The Guardian - 17h

Why Apple may get the ‘last laugh’ in AI as rivals double down on spending craze

Apple will have more free cash flow at its disposal and can “pawn off” AI spending on other big technology companies, one analyst said.

MarketWatch - 21h

How Democrats in Congress are tackling Trump's massive government changes

Democrats in Congress are working on messaging and other moves to confront President Trump's changes as he settles into his second term in the White House. CBS News' Taurean Small reports from ...

CBS News - 1d

US metals prices soar to big premiums ahead of Trump tariffs

Traders pay up to secure copper, steel and aluminium supplies before US president’s levies come into effect

Financial Times - 1d

Super Bowl 2025 winners and losers: Jalen Hurts, Josh Sweat soar for Eagles; Chiefs OL struggles badly

Philadelphia dominated every aspect en route to its second Super Bowl title

CBS Sports - 1d

Massive baked goods recall over possible listeria contamination

CBS News Moneywatch correspondent Kelly O'Grady joins "CBS Mornings" to break down a food safety recall in the U.S. impacting pastries sold across the country that are potentially contaminated with ...

CBS News - 1d

Meta Platforms set to commence layoffs

Yahoo News - 1d

Brady's B'ham, Wrexham drive record spending

Teams in League One have spent record amounts with the influence of American owners such as Ryan Reynolds and Rob McElhenney at Wrexham and Tom Brady's part in Knighthead Capital's ownership of ...

ESPN - 2d

Congress should stop researching data center threats and start protecting them

It’s crucial that data center operators be prepared to counter adverse events.

The Hill - 2d

"Wicked" star Cynthia Erivo on soaring to success

The dynamic vocalist who is up for a best actress Oscar for playing Elphaba in the movie version of "Wicked" discusses what she brought to the role of the Wicked Witch of the West.

CBS News - 2d

Japan’s borrowing costs soar to 14-year high

Investors bet on faster interest rate rises, saying inflation is ‘for real this time’

Financial Times - 2d

Meta Plans Layoffs for Monday

Meta is planning to trim about 5 percent of its lowest performers.

Inc. - 2d

Judges block Musk's efforts to slash federal spending

Federal judges block President Trump and Elon Musk's attempts to slash spending and reshape the federal workforce. NBC News' Aaron Gilchrist reports.

NBC News - 3d

Record Valentine's Day spending expected

Valentine's Day is just a week away, and candy sales are expected to soar. It's a busy time of year for chocolatiers, including Norman Love Confections, a Florida company that produces ...

CBS News - 3d

PlayStation Network experiences massive outage, frustrating gamers nationwide

Sony’s PlayStation Network is experiencing a massive outage, leaving many frustrated users unable to play online games or access its online store.

NBC News - 3d

Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies

Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies.

CNBC - 3d

Trump Says He Will Install Himself as Kennedy Center Chairman

The move by the president, whose authority to make the changes was not clear, is the latest attempt to bring a Washington institution under his control.

The New York Times - 3d

Guardiola denies City spend due to embargo fear

Pep Guardiola has denied that Manchester City's January recruitment drive was motivated by concern within the club that they could be hit with a transfer embargo.

ESPN - 3d

Meta Partners With UNESCO on Indigenous Language Translation

Yahoo News - 3d

Stuart Skinner And Massive Giveaways Cost The Oilers Big Time

The Edmonton Oilers' last game before the 4 Nations Faceoff didn't go as planned.

Yahoo Sports - 3d

Big Tech Keeps Its A.I. Data Center Spending Boom Alive

An apparent breakthrough in efficiency from the Chinese start-up did not make tech’s biggest companies question their extravagant spending on new data centers.

The New York Times - 3d

Trump to fire multiple Kennedy Center board members, name himself chair

President Trump did not say which board members at the Kennedy Center he plans to terminate.

CBS News - 3d

Trump to name himself new Kennedy Center board chair

President Trump said Friday he would end the terms of multiple members of the Kennedy Center board and make himself chair of a new board, putting himself at the helm of the Washington, D.C., ...

The Hill - 4d