Burry Warns Meta's AI Bet Will Crash Returns
Famed investor Michael Burry criticizes Meta's massive AI infrastructure plan, arguing it will destroy the company's asset-light model and crash return on invested capital.
Famed investor Michael Burry criticizes Meta's massive AI infrastructure plan, arguing it will destroy the company's asset-light model and crash return on invested capital.
Gurgaon saw a 6% increase in cybercrime complaints in 2025, but financial losses dropped by Rs 102 crore due to faster police action and bank coordination.
Meta Platforms Inc. appoints former Goldman Sachs exec and presidential advisor Dina Powell McCormick as President & Vice Chairman. She will lead AI infrastructure strategy and global partnerships. Read more.
Meta CTO Andrew Bosworth calls a crucial in-person meeting for Reality Labs on Jan 14, breaking remote culture amid $70B losses. Staff told to prioritise attendance.
A 32-year-old man in Bhopal, burdened by massive share market losses, staged a robbery at his own home, stealing jewellery worth Rs 15 lakh. Police recovered the valuables after his confession.
Meta's CTO calls a crucial all-hands meeting as Reality Labs faces potential layoffs after $70B losses. Will Zuckerberg's hardware vision survive? Read the full report.
Meta announces teleprompter & EMG 'handwriting' input for Ray-Ban Display glasses at CES 2026, but delays international rollout to focus on US supply due to high demand.
Meta postpones international launch of AI-powered Ray-Ban Display glasses due to high US demand. New teleprompter & EMG features unveiled at CES 2026. Read the full story.
A young software engineer in Pune's Hinjewadi died by suicide using a charging wire after suffering financial losses in online betting. Police have registered an accidental death case. Read the full story.
Meta halts global launch of Ray-Ban Display glasses due to overwhelming US demand and limited supply. UK, France, Italy, Canada launch pushed to 2026. Read details.
Meta delays Ray-Ban Display smart glasses launch in UK, France, Italy, Canada due to unprecedented US demand and limited inventory. Get the full story on specs and reasons.
Meta CEO Mark Zuckerberg reveals his cardinal hiring rule and crucial advice for students: your social circle is the most important college decision. Discover his philosophy.
Meta's updated privacy policy, allowing AI training on user data from Facebook, Instagram, and WhatsApp, raises significant privacy alarms for Indian users. Understand the implications and what it means for you.
Meta acquires AI startup Manus for $2.5 billion. Co-founder Ji Yichao shares his journey as a dropout, mirroring Zuckerberg's path. Deal includes $500M retention pool.
Meta acquires Singapore-based AI startup Manus to boost its AI capabilities. Learn about the deal's details, Manus's technology, and what it means for the future of AI.
Meta's Superintelligence Lab is hiring in Singapore after acquiring Manus AI, even as it places 600 employees on non-working notice. Chief AI Officer Alexandr Wang shares the dual strategy.
Meta acquires Singapore-based AI agent developer Manus to accelerate its 'personal superintelligence' ambitions and compete with Google and OpenAI. Details inside.
ICRA sharply revises India's aviation sector loss projection to Rs 17,000-18,000 crore for FY26, driven by IndiGo's operational disruptions in December. Read the full analysis.
Gurgaon's cyber fraud losses fell from Rs 387.96 crore in 2024 to Rs 281.99 crore in 2025. Police credit enhanced surveillance and public awareness. Learn how to protect yourself.
A 24-year-old unemployed man in Hyderabad died by suicide after suffering heavy losses in online betting. Police found his bank accounts empty and seized his phone for analysis. Read the full report.
Lebanon's Cabinet approves a draft 'financial gap law' to return funds to depositors after the 2019 financial collapse. The plan prioritises small depositors and uses bonds for larger sums.
Meta's board sees a change as Dina Powell McCormick steps down. The company also advances new AI tools 'Mango' and 'Avocado' to rival Google and OpenAI. Read the full story.
A Bengaluru businessman died by suicide after jumping in front of a train. Preliminary investigations reveal his logistics business suffered major financial losses. Read the full story.
Stella McCartney's fashion label faces a cash crisis as revenue falls 27% to £16 million. Can the ethical luxury brand survive without new funding? Read the full analysis.
Delhi Transport Corporation plans to lease underused land at five bus depots to warehousing and logistics companies to generate recurring income and address its financial crisis.
Meta is developing new AI image & video tools, codenamed Mango and Avocado, set for 2026 release to compete with Google and OpenAI. Details inside.
Olympic swimmer Ryan Lochte's net worth has crashed to around $300,000 in 2025. Discover the story behind his lost millions, sponsorship fallout, and current struggles.
Meta expands language support for its AI on Ray-Ban Meta and Oakley Meta HSTN glasses in India. Users can now use voice commands in Telugu and Kannada for calls, photos, and more. Learn how to switch languages and see pricing.
Meta is testing a new Facebook paywall that limits free users to sharing just two external links daily. Exceed the cap by subscribing to Meta Verified. Get the full story.
Meta's AI-powered smart glasses now understand Kannada and Telugu, expanding beyond Hindi and English. Discover how this update enhances accessibility for millions of Indian users.