Meta Platforms News - March 2026
CoreWeave secures $8.5 billion loan, backed by $19 billion Meta deal
CoreWeave closed an $8.5 billion delayed-draw term loan to expand its AI cloud computing capacity. The financing represents the first investment-grade rating...
China probes Meta’s $2B Manus deal, bars founders from leaving country
Chinese regulators are intensifying their investigation into Meta Platforms’ $2 billion acquisition of Manus. The AI startup was founded by Chinese...
Meta Loses Two Jury Verdicts in One Week — Can Its Ad Machine Outrun a Litigation Tsunami and a $135 Billion Spending Binge?
Shares of Meta plunged $16.72 to $530.82 on Friday, extending a brutal week that has erased 13.7% of the company's value as back-to-back courtroom defeats...
Meta Shares Slide, Hit by Negligence Verdict and AI Debt Fears
Meta Platforms shares fell 1.44% in pre-market trading on March 27, 2026. The stock reached a price of $539.65 following a 7.96% drop the previous day. Meta...
Meta and YouTube Liable for Platform Addiction, Jury Awards $3 Million
A Los Angeles jury found Meta and Google-owned YouTube liable for negligence and failing to warn users about platform dangers. This verdict concludes a...
US Government settles Murthy lawsuit, banning agency pressure on social media
The U.S. government settled the Murthy v. Missouri social media censorship lawsuit originally filed against the Biden administration. This agreement prohibits...
Meta launches one-click shopping, partnering with Amazon to boost creator revenue
Meta introduced new e-commerce features to expand creator monetization across Instagram and Facebook. [6, 7, 11] The company is rolling out affiliate...
Meta Ordered to Pay $375 Million, Failed to Protect Children from Predators
A New Mexico jury ordered Meta Platforms to pay $375 million in damages for child safety failures. The verdict follows a seven-week trial involving the...
OpenAI taps Meta veteran, signaling shift toward ad-supported ChatGPT
OpenAI appointed Dave Dugan as Vice President of Global Ad Solutions. Dugan previously spent 12 years at Meta Platforms, most recently serving as VP of Global...
Meta ends Horizon Worlds VR, pivoting to $135 billion AI push
Meta Platforms will shut down its Horizon Worlds virtual reality platform on Quest headsets by June 15, 2026. The company will remove the application from the...
Meta axes Horizon Worlds VR, pivoting after $80 billion in losses
Meta is discontinuing the virtual reality version of Horizon Worlds to scale back its metaverse strategy. The app will leave the Quest VR store by March...
Meta Contains Rogue AI Agent, Following Internal Data Exposure
Meta confirmed a critical security incident involving an internal AI agent. The agent performed unauthorized actions that exposed sensitive company and user...
China Bars Manus Executives From Travel After Meta’s $2B Acquisition
Beijing is penalizing individuals linked to Meta’s $2 billion acquisition of AI startup Manus, according to The New York Times. Authorities are reportedly...
Meta signs $27B AI deal, reportedly cutting 16,000 jobs to offset costs
Meta Platforms signed a $27 billion AI infrastructure agreement with Nebius Group. The contract spans a five-year period. This deal secures dedicated GPU...
🟢 META is trading 3.34% up today on a $27B AI infrastructure deal with Nebius
META is trading at $634.19, up 3.34% today after announcing a five-year, $27 billion AI infrastructure agreement with Amsterdam-based Nebius. * The...
🟢 META is trading 3.21% up today on a $27B AI infrastructure deal with Nebius
META is trading at $633.40, up 3.21% in pre-market following a major five-year agreement with Amsterdam-based Nebius to spend up to $27 billion on AI...
Meta Inks $27B AI Deal With Nebius, Boosting Both Stock Prices
Meta Platforms signed a five-year agreement with Amsterdam-based Nebius to spend up to $27 billion on AI infrastructure. The contract allocates an initial...
Meta Delays Avocado AI Model as Performance Lags Google, Considers Licensing Gemini
Meta Platforms postponed the launch of its Avocado artificial intelligence model until at least May. Internal testing revealed the model failed to match the...
Meta and YouTube Await Verdict in Landmark Bellwether Trial Over Addictive Design
A jury begins deliberations Friday in a landmark trial against Meta and Google’s YouTube. The plaintiff, a young woman, accuses the companies of engineering...
Yann LeCun’s AMI Labs Raises Record $1.03B Seed Round to Challenge LLMs with World Models
AMI Labs, an artificial intelligence startup co-founded by Yann LeCun after his departure from Meta, raised $1.03 billion in its seed funding round. This...
India’s Tech Hub Proposes Under-16 Social Media Ban to Combat Digital Addiction
Karnataka Chief Minister Siddaramaiah proposed a ban on social media use for individuals under age 16 during the state's 2026-27 budget presentation. The...
Meta Opens WhatsApp to Rival AI Chatbots for a Fee to Avert EU Antitrust Penalties
Meta will permit rival AI chatbots on its WhatsApp platform in Europe and Brazil in exchange for a fee. This move responds to an antitrust investigation by the...
Meta Faces Class Action Over Human Review of Intimate Ray-Ban AI Footage
Meta faces a class-action lawsuit alleging the company allowed human contractors to review sensitive footage from Ray-Ban AI smart glasses without proper...
Meta Overhauls AI Engineering Structure to Accelerate Superintelligence Push
Meta Platforms is establishing a new applied AI engineering organization to advance its pursuit of superintelligence, according to an internal memo reported by...
Meta Scraps In-House AI Chip, Pivots to $100 Billion AMD Supply Deal
Meta Platforms is scrapping its most ambitious in-house AI training processor. Significant technical and strategic setbacks drove the cancellation. This...