Meta Platforms News - April 28, 2026
Meta must reverse $2 billion AI acquisition, citing China export laws
China’s National Development and Reform Commission ordered Meta Platforms Inc. to reverse its acquisition of Singapore-based AI startup Manus on Monday. The...
Australia targets tech giants with 2.25% levy, forcing news content payments
Australia introduced draft legislation for a News Bargaining Incentive scheme. The proposal imposes a 2.25% levy on the local revenues of large digital...
Big Tech slashes thousands of jobs, funding a massive AI arms race
Meta is cutting approximately 8,000 jobs. This reduction represents 10% of its total workforce. Microsoft has launched its first-ever voluntary retirement...
Meta Platforms Inc. Q1 2026 Earnings Preview: What Analysts Expect on April 29, 2026
Meta Platforms is expected to report Q1 2026 revenue of $55.49 billion and EPS of $6.71, as shares trade at approximately $678.62 against an average analyst...