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Meta grants executives up to $921 million in stock options on the same day it lays off 700 workers

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Meta disclosed in SEC filings on Tuesday that it had granted stock options to six of its most senior executives, the first such awards since the company’s 2012 IPO. Hours later, it laid off approximately 700 employees across Reality Labs, recruiting, sales, and Facebook. The options are worthless unless Meta’s market capitalisation reaches $9 trillion […]

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Meta gets ready to launch two new Ray-Ban AI glasses

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This is Lowpass by Janko Roettgers, a newsletter on the ever-evolving intersection of tech and entertainment, syndicated just for The Verge subscribers once a week. Meta and its AI glasses hardware partner EssilorLuxottica are getting ready to launch the next generation of their Ray-Ban AI glasses. That’s according to a series of FCC filings for […]

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Meta is laying off hundreds of employees as it pours money into AI

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Meta is laying off hundreds of employees across its company, according to reports from The New York Times, NBC News, and The Information. The job cuts impact workers on Meta’s recruiting, social media, and sales teams, along with Reality Labs, the division that develops the company’s smart glasses and virtual reality headsets. “Teams across Meta […]

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Jury finds Meta and YouTube built ‘addiction machines’ that harmed a child, awards $3 million in landmark trial

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A Los Angeles jury has found Meta and Google liable for intentionally building addictive social media platforms that harmed a young woman’s mental health, awarding her $3 million in compensatory damages in what is the first trial verdict of its kind in the United States. The decision, delivered on Wednesday after a five-week trial, found […]

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Meta and YouTube found negligent in landmark social media addiction case

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The jury in a landmark trial testing claims about social media addiction against Meta’s Instagram and Google’s YouTube determined that the two companies failed to warn users about the risks of using their products. The jury found the companies’ negligence was a substantial factor in harms like the mental health issues sustained by a now […]

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Meta cuts hundreds more jobs across Reality Labs, recruiting, and sales as AI spending doubles

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Meta began cutting hundreds of jobs on Wednesday across Reality Labs, Facebook, recruiting, sales, and global operations, according to people familiar with the matter and LinkedIn posts from affected employees. The layoffs are the latest in a rolling series of workforce reductions that have accelerated sharply in 2026, as the company redirects resources toward artificial […]

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Meta launches new initiative to support entrepreneurship, drive AI adoption

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Meta CEO Mark Zuckerberg said in a memo to staff that small businesses have always been a big part of the company’s business model, and that while tens of millions of entrepreneurs already use its platforms to grow and connect with customers, the company wants to do more in the space.

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Mark Zuckerberg and Jensen Huang are part of Trump’s new ‘tech panel’

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Meta CEO Mark Zuckerberg, Oracle CEO Larry Ellison, Nvidia CEO Jensen Huang, and Google co-founder Sergey Brin will be the first four members of the President’s Council of Advisors on Science and Technology (PCAST), according to the Wall Street Journal. The panel, which will “weigh in on AI policy,” will include 13 members to start, […]

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