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Meta shares tumble 10% as Mark Zuckerberg’s AI spending spree stuns Wall Street
  • Business

Meta shares tumble 10% as Mark Zuckerberg’s AI spending spree stuns Wall Street

  • July 29, 2026

Meta currently has 32 data centers across the globe in operation or under construction, with 28 of them in the US. …

Hims & Hers sent users’ health data to social media giants despite promising privacy, bombshell FTC lawsuit claims
  • Business

Hims & Hers sent users’ health data to social media giants despite promising privacy, bombshell FTC lawsuit claims

  • July 29, 2026

Hims & Hers stock added to losses after the ​news and was trading down around 12%. …

Diamond giant De Beers in talks for $1B sale to consortium – fraction of previous worth due to plummeting demand: report
  • Business

Diamond giant De Beers in talks for $1B sale to consortium – fraction of previous worth due to plummeting demand: report

  • July 29, 2026

The onetime diamond monopoly is reportedly looking at a $1 billion offer from a consortium that wants to take it over…

Fed holds interest rates steady as dissent mounts over whether to hike rates soon
  • Business

Fed holds interest rates steady as dissent mounts over whether to hike rates soon

  • July 29, 2026

Warsh, who took over as chairman from Jerome Powell in May, has repeatedly called for a “good family fight” at the…

Meta’s Mark Zuckerberg blasts AI ‘centralization,’ opposes US ban on Chinese models
  • Business

Meta’s Mark Zuckerberg blasts AI ‘centralization,’ opposes US ban on Chinese models

  • July 29, 2026

Meta CEO Mark Zuckerberg blasted the “centralization” of AI in the hands of a few powerful companies and even opposed potential…

Trump administration bans Chinese robot imports, citing national security threats
  • Business

Trump administration bans Chinese robot imports, citing national security threats

  • July 29, 2026

The Trump administration is banning Chinese robots in an effort to stem national security risks and help the domestic AI industry…

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