Meta
Meta is an American multinational technology conglomerate. It owns Facebook, Instagram, and WhatsApp, among other products and services.
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Meta completes operational separation from Manus and halts data sharing between the two companies
According to Bloomberg, Meta Platforms Inc. has completed its operational separation from Manus and halted data sharing between the two companies. Sources familiar with the matter said that Meta—the parent company of Facebook and Instagram—has effectively erected a firewall between itself and the Chinese firm Manus. The sources said Meta has barred Manus and its employees from accessing the U.S. company’s internal data systems since the beginning of this month. They also said Meta employees can no longer use Manus’ tools for internal projects. Because the matter involves internal decision-making, the sources requested anonymity. An internal memo seen by Bloomberg News shows Meta is phasing out Manus’ business. The memo instructs employees to migrate existing Manus projects onto Meta’s systems and not to initiate new work on AI platforms.
InfoHawk Secures $2.25 Million Pre-Seed Funding Led by Moonshots Capital
Odaily AI-driven anti-fraud infrastructure provider InfoHawk has announced the completion of a $2.25 million Pre-Seed funding round, led by Moonshots Capital, with participation from former U.S. Federal Trade Commission Chairman Jon Leibowitz, AppNexus founder Brian O'Kelley, former Meta advertising executive Rob Goldman, GitHub CTO Vlad Fedorov, and others. The new funds will be used to support the company's application of AI content recognition and deep infrastructure analysis technology to help enterprises detect, analyze, and combat large-scale online fraud, phishing sites, brand impersonation, and Deepfake attacks. (PRNewswire)
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Meta 以 USDC 支付创作者，本地兑换仍存摩擦
Meta 在哥伦比亚和菲律宾试点以稳定币 USDC 向创作者支付报酬，但文章指出稳定币支付在本地货币兑换环节仍存在基础设施碎片化问题。
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U.S. Department of Justice Joins Coinbase, Meta, and Others in Anti-Fraud Campaign, Freezing Over $3.8 Million in Cryptocurrency Assets
According to The Block, the U.S. Department of Justice stated that, as part of a joint anti-fraud operation codenamed “Disruption Week,” private-sector participants froze over $3.8 million worth of cryptocurrency assets linked to fraud.
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The mastermind behind the $245 million Bitcoin theft has admitted to orchestrating a kidnapping plot
Adam Iza, a California cryptocurrency executive, admitted on Monday to orchestrating an attempted kidnapping of Veer Chetal's parents. The case is related to the $245 million Bitcoin theft that Veer Chetal was previously involved in.Adam Iza, 25, also known as Ahmed Faiq, who ran the crypto trading company Zort and called himself the "Godfather," along with Veer Chetal and two others, impersonated technical support staff from Google and crypto exchanges to steal 4,100 Bitcoins from a Washington resident, valued at approximately $245 million at the time. Adam Iza and his accomplices attempted to obtain part of the stolen funds by kidnapping Veer Chetal's parents. Additionally, Adam Iza admitted to fraudulently accessing Meta's business manager accounts and credit lines to steal over $37 million between 2020 and 2022. Federal prosecutors are seeking at least 14 years in prison for his sentence. (fortune)
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Billionaire Dan Loeb Dismisses AI Bubble Theory: AI Is Just Getting Started, Massive Capital Expenditure Will Pay Off
: Billionaire investor and founder of hedge fund Third Point, Dan Loeb, stated in a podcast that current market concerns over an AI "bubble" are greatly exaggerated, and the development phase of the AI industry is completely different from the dot-com bubble era.Loeb pointed out that the combined capital expenditures of tech giants including Alphabet, Microsoft, Amazon, and Meta have already exceeded $700 billion this year, and could reach $1 trillion next year, with the vast majority allocated to AI infrastructure construction. He indicated that not believing these capital expenditures can yield returns is equivalent to believing these companies are "burning cash for nothing," but currently these companies have strong profitability and ample cash flow, allowing them to rely on their own balance sheets to support investments.Loeb emphasized that this is different from the dot-com bubble period when "valuations were detached from fundamentals," and does not constitute a traditional valuation bubble. He also noted that AI companies like Anthropic are experiencing rapid revenue growth and accelerating product deployment, indicating the industry is still in its early expansion phase.According to reports, Anthropic's latest funding round valuation has approached nearly $965 billion, with annualized revenue surging from $14 billion to $47 billion, further strengthening market confidence in the commercialization potential of AI.However, some investors in the market, including Michael Burry, have expressed concerns about AI valuations overheating, believing that massive investments may struggle to generate corresponding returns. Loeb stated, "We haven't even scratched the surface of AI development," and believes it remains in the early stages of long-term growth. (BusinessInsider)
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New Stock God Serenity: SIVE Deeply Tied to Ayar, Benefiting from the Global AI Rack-Scale Optical Interconnect Wave
Serenity, hailed as the "New Stock God," recently commented on its heavily weighted position SIVE. Ayar Labs and Wiwynn announced a partnership today, a move that could profoundly impact Sivers Semiconductors' (SIVE) efforts to drive the implementation of Co-Packaged Optics (CPO) technology at the rack level.Wiwynn services top-tier cloud providers such as Amazon, Meta, and Microsoft, and is also in talks with Google regarding TPU-related deployments. According to the reference architecture, a single rack needs to be equipped with over 512 Supernova light sources. If SIVE successfully becomes the primary laser array supplier, even a medium-scale rack deployment would bring significant revenue growth to the company.Serenity admitted that the current tri-party rack-level commercialization layout is still in its early stages, and related results have not yet been reflected in financial reports. However, this cooperation has already unlocked key pathways for the large-scale application of CPO, serving as a positive signal from the supply chain that deserves continued market attention.SIVE is currently listed on Nasdaq Stockholm in Sweden. The company is evaluating plans for a dual listing on the US Nasdaq and has not yet debuted on the US main board. The stock dropped sharply by 15.49% in the previous trading session. In response, Serenity stated that the pullback in the optical AI sector and SIVE is merely normal volatility during an upward trend, and it continues to increase its holdings.
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Manus Plans to Raise $1 Billion to Withdraw Meta’s Acquisition and Pursue Listing in Hong Kong
According to Bloomberg, the three founders of Manus are exploring multiple options to comply with Beijing’s requirement to unwind Meta Platforms Inc.’s acquisition of the company—including raising approximately $1 billion from external investors to repurchase the China-founded AI firm. Sources familiar with the matter said the three founders are in discussions regarding a funding round valued at no less than the $2 billion Meta paid; the founders may also personally fund the remainder of the transaction. If this plan moves forward, the next step could involve first establishing a China-based joint venture with relevant investors, followed by an IPO in Hong Kong.
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Web3 user-generated content platform Tomoland raises $2 million in funding, led by Sky9 Capital
According to GlobeNewswire, Web3 user-generated content (UGC) platform Tomoland has announced a $2 million funding round led by Sky9 Capital, with participation from WAGMI Ventures, Aureus Dealers, and angel investors from Meta, Depinx Capital, NetEase, and Virtuals. The new capital will support the development of a system that integrates user-generated content with Web3 ownership, and accelerate the convergence of gaming ecosystems with the Web3 economy.
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Meta announces restructuring plan to cut 20% of workforce and reassign 7,000 employees to AI strategy
Meta plans to initiate a major restructuring on May 20, aiming to reduce approximately 20% of its global workforce while reassigning around 7,000 employees to artificial intelligence (AI) projects. This adjustment is part of Meta’s ongoing push for its AI strategy, intended to further concentrate resources on developing AI business. (Cointelegraph)
Cointelegraph
Meta will lay off 10% of its workforce on Wednesday, while 7,000 employees will be reassigned to its AI division.
According to Reuters, Meta’s Chief People Officer Janelle Gale sent an internal memo to employees this Monday disclosing details of the company’s restructuring plan this week. On Wednesday, Meta will cut 10% of its workforce and simultaneously reassign 7,000 employees to AI-related departments—including Applied AI Engineering (AAI) and the Agent Transformation Accelerator (ATA)—while reducing management layers to implement a flatter organizational structure. This round of layoffs and reassignments will collectively affect approximately 20% of Meta’s employees; the company has also eliminated 6,000 open positions. As of the end of March this year, Meta employed roughly 78,000 people. The restructuring aims to accelerate Meta’s full transition to AI-native workflows and develop AI agents capable of autonomously performing human tasks.
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Trump fined $200 again for delayed disclosure of multi-million dollar stock trades
Odaily According to Trump's latest investment disclosure filing, he sold between $5 million and $25 million worth of Microsoft and Amazon stock this February, and repurchased shares in both companies in March. However, he failed to disclose these transactions within the statutory 45-day window, resulting in a $200 fine. This marks the third time this year he has been penalized for the same violation.Notably, Trump also purchased Nvidia stock on February 10th. Just days later, Nvidia announced a multi-year partnership agreement with Meta, causing its stock price to rise by approximately 2.5%. Furthermore, his purchases of Microsoft and Amazon stock preceded the Pentagon's announcement of contracts to deploy confidential computing network technology with both companies by several months. Trump has not sold any of his stock portfolio during his second term; his assets are held in a trust managed by his children, differing from the blind trust arrangements commonly adopted by previous presidents. Although members of both parties in Congress have repeatedly introduced legislation to prohibit officials from trading stocks while in office, progress on such legislation has stalled. (Washington Post)
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Bybit Launches Global Assets “$100 Million Airdrop” Campaign
Bybit today announced a global asset airdrop campaign with a total prize pool of up to $100 million. New users receive NVIDIA tokenized stock as a bonus, while existing users enjoy multiple tokenized asset benefits—including Tesla, NVIDIA, Meta, and gold—plus free U.S. equities for trading U.S. equities, free gold for trading gold, and more rewards the more you trade.
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Trump Discloses At Least $220 Million in Securities Transactions Involving Nvidia, Apple, and Multiple U.S. Public Companies
According to Reuters, two newly released financial disclosure forms published Thursday by the U.S. Office of Government Ethics revealed that Donald Trump filed an ethics disclosure report detailing thousands of transactions involving securities of U.S. companies, with an estimated total value ranging from $220 million to $750 million. The disclosed transactions include holdings in Microsoft, Meta Platforms, Oracle, Broadcom, Bank of America, Goldman Sachs, and municipal bonds. Individual transaction values range from $1 million to $25 million and cover securities such as S&P 500 index funds, Nvidia, and Apple. The filings indicate that some transactions were executed through brokers, but do not specify the accounts used or the types of assets involved. His annual financial disclosure report is expected to be released in the coming months.
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TownSquare Announces $100 Million USD1 Stablecoin Liquidity Program
TownSquare, an infrastructure platform focused on institutional yield and cross-chain lending brokerage services, has announced a $100 million USD1 token liquidity program—a strategic initiative designed to bring institutional-grade and cross-chain yield opportunities to a broader user base via World Liberty Financial’s USD1 stablecoin and institutional yield strategies. Previously, TownSquare collaborated with the World Liberty Financial DeFi team to integrate the USD1 token onto Monad, a high-performance EVM-compatible chain, and received official incentives from the Monad Foundation. The team stated that this new liquidity program marks TownSquare’s continued commitment to expanding DeFi’s real-world applicability and delivering institutional strategy yields to more assets. Currently, the project’s official website has launched its cross-chain lending functionality, while its yield vault product is listed as “Coming Soon.” According to official information, the project has previously completed a funding round backed by Monad, a16z, Aptos, Solana Bonk, and other U.S. and European angel investors and VCs. The founding team includes alumni from Coinbase, Meta, Accenture, and market-making firms. Details about the project’s next funding round have not yet been disclosed.
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AI Cloud Service Provider Nebius’ Q1 Revenue Soars 7x Year-on-Year; Shares Surge 17% Pre-Market
According to TheEnergyMag, AI cloud service provider Nebius (NASDAQ: NBIS) released its first-quarter financial results, reporting revenue of $399 million—more than seven times higher year-on-year and exceeding analysts’ expectations of $371 million. Its adjusted net loss stood at $100.3 million, better than market expectations. Following the earnings release, Nebius’s stock rose approximately 17% in pre-market trading, with its year-to-date gains exceeding 100%. This quarter, the company’s capital expenditures surged to approximately $2.5 billion. It also announced securing 1.2 gigawatts of power capacity and land in Pennsylvania for constructing a new AI factory. CEO Arkady Volozh stated that enterprises are transitioning from the AI experimentation phase to large-scale production deployment, and the company continues to face “unprecedented demand.” Additionally, Nebius recently acquired AI startup Eigen AI for approximately $643 million and signed a five-year, up-to-$27 billion long-term AI compute supply agreement with Meta Platforms.
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AI Giants Intensify Lobbying Efforts in Washington to Unprecedented Levels; OpenAI Establishes Its First Policy Office
According to The New York Times, OpenAI opened its first lobbying office—named “Workshop”—in Washington, D.C., this week, just a few blocks from the White House, aiming to advance policies supporting data center expansion and unrestricted use of copyrighted content. In Q1 2026, OpenAI’s federal lobbying expenditures reached $1 million, doubling year-on-year. Its competitor Anthropic also opened an office in Washington, D.C., in April this year; its lobbying spending last year surged tenfold to $3 million. Meanwhile, Meta, Nvidia, and Alphabet collectively spent $47.8 million on lobbying last year—a 22% increase year-on-year. According to the citizen watchdog group Public Citizen, one-quarter of all federal lobbyists in Washington, D.C. are now engaged in AI-related issues, a sharp rise from 11% in 2023.
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Meta Sued by Santa Clara County, California, for Profiting from Fraudulent Ads on Facebook and Instagram
According to Bloomberg, Santa Clara County in California has filed a lawsuit against Meta, accusing it of “knowingly facilitating and profiting from billions of fraudulent ads” on Facebook and Instagram. The complaint states that these fraudulent ads have defrauded elderly individuals and families, and that Meta tracked such ads. Santa Clara County Counsel Tony LoPresti said Meta earns approximately $7 billion annually from these ads.
U.S. Senators Question Mark Zuckerberg on Meta’s Stablecoin Plans
Odaily报道，美国马萨诸塞州参议员伊丽莎白·沃伦致信Meta首席执行官马克·扎克伯格，要求其就稳定币整合相关事宜作出回应。伊丽莎白·沃伦表示，鉴于Meta此前发行Libra的尝试，其在稳定币计划上缺乏透明度令人不安。她要求马克·扎克伯格在5月20日前提供稳定币试验的细节，包括推出日期、涉及的第三方稳定币及隐私保护机制。Meta已于4月向菲律宾和哥伦比亚的部分创作者推出USDC支付功能。美国参议院银行委员会目前正在审议旨在建立数字资产框架的CLARITY法案。
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U.S. Senator Warren Urges Zuckerberg for Details on Meta’s Latest Stablecoin Plans
U.S. Senator Elizabeth Warren has sent a letter to Mark Zuckerberg requesting that Meta provide more information regarding its latest stablecoin initiative, criticizing the company’s "concerning lack of transparency" in related operations.In the letter, Elizabeth Warren stated that given Meta’s massive global user base, any stablecoin-related business could have significant implications for market competition, user privacy, payment system integrity, and financial stability.Previously disclosed information indicates that Facebook has tested stablecoin payment features with a select group of creators in Colombia and the Philippines. The relevant solution is based on USD Coin (USDC), requiring users to link a third-party crypto wallet address. A Meta spokesperson responded by stating that the company "does not have a Meta stablecoin" and currently merely aims to allow users and merchants to utilize various payment methods on the platform, including third-party stablecoins.It is worth noting that Meta launched the stablecoin project Libra (later renamed Diem) in 2019, but ultimately terminated it in 2022 due to regulatory pressure. Warren has long been one of the toughest crypto critics in the U.S. Congress and has repeatedly raised questions about Meta's stablecoin plans. (Fortune)
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