• META

Facebook, Instagram down for thousands of users, Downdetector shows

On Wednesday, Meta's Facebook and Instagram experienced widespread outages, affecting thousands of users across the U.S., with issues acknowledged and being addressed by the company.

• AMZN
• META
• MSFT

Trump picks Andrew Ferguson to chair FTC

Trump appointed Andrew Ferguson as the new FTC Chair, focusing on antitrust issues and safeguarding free speech amid ongoing cases against major tech firms.

• AAPL
• AMZN
• GOOG
• GOOGL
• META
• TTD

Here are the key takeaways from Piper Sandler's annual US Ad Buyer Survey

Piper Sandler's survey shows optimism in US ad spending growth, AI tool adoption, and improved economic confidence, predicting increased budgets for digital ads and connected TV.

• GOOGL
• META
• MSFT

Google invests in Intersect Power in over $800 million funding round amid AI race

Google invests over $800 million in clean energy firm Intersect Power to enhance data center capacity and alleviate power grid constraints amid rising AI-driven cloud demand.

• AMZN
• JPM
• META
• SBUX
• WMT

DOJ v. DEI: Trump's Justice Department likely to target diversity programs

Trump plans to challenge diversity policies in companies and universities, focusing federal investigations on DEI practices deemed discriminatory under anti-discrimination laws.

• GOOGL
• META

EU probes Google-Meta secret ad deal for minors- report

European regulators are investigating Google's past advertising collaboration with Meta, focusing on compliance with online privacy rules for minors after the partnership was discontinued.

• GOOGL
• META

Brussels seeks more information on secret Google-Meta ads deal targeting teens, FT reports

European regulators are investigating Google's abandoned advertising partnership with Meta, which targeted minors on YouTube, for potential violations of youth protection policies.

• GOOGL
• META

OpenAI releases text-to-video model Sora for ChatGPT Plus and Pro users

OpenAI has launched its video generation model, Sora, to ChatGPT Plus and Pro users, enabling video creation from text while implementing measures to prevent misuse.

• META

Italy wraps up probe into two Meta execs on alleged $938 million VAT evasion by Facebook owner

• META
• SNAP

In case of TikTok ban, Meta, Snap set for significant upside, says Deutsche Bank

A possible TikTok ban in the U.S. could significantly benefit Meta and Snap, increasing their stocks and revenues as user engagement shifts from TikTok to these platforms.