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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Anthropic CEO Dario Amodei. Ruhani Kaur/Bloomberg via Getty Images.
The Briefing

Anthropic’s Contradiction; The Risks of Buying SpaceX Stock Now

By Martin Peers · Jun 14, 2026 3:01pm PDT
What a weekend! Set time aside this coming Thursday for the New York City ticker tape parade celebrating the victorious Knicks. The joy flowing from that game Saturday night tops even the  plaudits flowing from SpaceX’s successful IPO (read down for more on that subject.) Still, SpaceX was quickly supplanted in the business limelight ... What a weekend! Set time aside this coming Thursday for the New York City ticker tape parade ...
Meta CTO Andrew Bosworth. Art by Shane Burke/Getty Images/Shutterstock
Exclusive

Tokenminimizing: Meta Moves to Curb Employee AI Usage as AI Costs Reach Billions

By Jyoti Mann · Jun 12, 2026 11:57am PDT
Meta Platforms plans to clamp down on skyrocketing AI costs inside the company by imposing limits on employees’ token usage, the company told staff in a memo on Tuesday, just weeks after it pushed them to adopt AI tools in their work. The company is building an internal platform to track employee AI usage and spending in real time, set budgets... Meta Platforms plans to clamp down on skyrocketing AI costs inside the company by imposing limits...
Art: Clark Miller
The Big Read

Bootleg Reta is Silicon Valley’s Drug of the Summer

By Jemima McEvoy · Jun 12, 2026 9:01am PDT
For more than a decade, Dr. Molly Maloof has had a front-row seat to Silicon Valley’s ever-evolving health obsessions as a physician and founder of M3 Healthspan, a San Francisco–based concierge medical practice serving the tech elite. Lately, those conversations have focused on one substance perceived as a wonder drug among wonder drugs:... For more than a decade, Dr. Molly Maloof has had a front-row seat to Silicon Valley’s...
Photo via Getty Images
Exclusive

Meta Platforms to Lay Off Hundreds

By Jyoti Mann · Mar 25, 2026 6:36am PDT
Meta Platforms will lay off a few hundred people across the company on Wednesday, according to two people familiar with the matter, part of a broader effort to overhaul the company for work in the AI age. The cuts will affect staffers in Reality Labs — the division behind its hardware platforms and wearables — as well as across its... Meta Platforms will lay off a few hundred people across the company on Wednesday, according to...