Meta Platforms

Meta Platforms, formerly known as Facebook, is a social media and technology conglomerate that operates various platforms including Facebook, Instagram, WhatsApp, and Oculus VR. Led by CEO Mark Zuckerberg, the company has become a household name and has divisions dedicated to advertising, virtual reality, and more. Competitors in the space include Google, Twitter, TikTok, and Snapchat.

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Art by Clark Miller

Whatnot’s Schlock Empire Shows Digital Live Shopping Can Thrive in America

By Ann Gehan · Dec 12, 2025 9:02am PST

In the weird, wild world of Whatnot, the startup defying Silicon Valley’s dismal track record with live shopping, the merchants speak a unique lingo. Whatnot is a resale market, where sellers auction off items like sports cards, last season’s suede sneakers and off-brand cologne through video livestreams: It’s eBay crossed with TikTok. So if... In the weird, wild world of Whatnot, the startup defying Silicon Valley’s dismal track record...

Photo by Qilai Shen/Bloomberg via Getty Images.

Tencent Poaches ByteDance Researchers as China AI Race Heats Up

By Juro Osawa, Qianer Liu and Jing Yang · Dec 11, 2025 5:00am PST · 1 comment

Throughout the past couple of years, as AI fever swept China’s technology sector, one giant—Tencent—seemed to mostly be sitting on the sidelines. The company, which owns the hugely popular WeChat app, didn’t seem enthusiastic to win a fierce race in the country to develop cutting-edge AI models, competing with the likes of DeepSeek,... Throughout the past couple of years, as AI fever swept China’s technology sector, one...

Oracle co-CEO Clay Magouyrk. Getty Images

Oracle’s Costly AI Expansion Turns Off Wall Street

By Martin Peers · Dec 10, 2025 5:00pm PST

The costs of Oracle’s AI data center expansion is becoming clear—and Wall Street isn’t happy. The software and cloud firm, which until recently was a solid moneymaker, said Wednesday it burned through $10 billion in cash in the November quarter thanks to a big ramp-up in capital expenditures on AI-focused data centers for its cloud business.... The costs of Oracle’s AI data center expansion is becoming clear—and Wall Street isn’t happy. The...