Core Viewpoint - The Brazilian antitrust body CADE has initiated an investigation into the new terms of Meta's WhatsApp Business tool and has decided to suspend these new terms in Brazil during the investigation process [1] Group 1 - CADE's investigation focuses on the implications of the new terms introduced by Meta for WhatsApp Business [1] - The suspension of the new terms indicates regulatory scrutiny and potential concerns regarding competition and consumer protection in Brazil [1]

Core Insights - Meta is preparing to lay off approximately 10% to 15% of its 15,000 employees in the Reality Labs division, focusing on teams involved in virtual reality headsets and Horizon Worlds [1][2] - The layoffs are expected to be announced this week, coinciding with a significant division-wide meeting called by Meta's CTO and Reality Labs chief Andrew Bosworth [2] - Reality Labs has incurred over $70 billion in losses since 2020, prompting Meta to shift its focus and spending towards artificial intelligence [2] Group 1 - The layoffs will disproportionately affect teams working on virtual reality products [1] - The upcoming meeting is described as the "most important" of the year, indicating potential significant changes within the division [2] - Bosworth has emphasized that 2025 will be a critical year for Reality Labs, which will determine its legacy [3]

Core Insights - Meta plans to reduce its workforce by approximately 10% in the Reality Labs division, which focuses on products related to the metaverse [1] Group 1 - The layoffs will affect employees working on metaverse-related products [1] - The decision reflects ongoing challenges and strategic shifts within Meta's business operations [1]

Group 1 - Meta has appointed Dina Powell McCormick as President and Vice Chair to guide its overall strategy and execution [1] - McCormick will partner with computer and infrastructure teams to ensure multi-billion dollar investments and drive positive economic impact [1] - The executive will focus on building new strategic capital partnerships and expanding Meta's long-term investment strategy [1] Group 2 - UFC CEO Dana White has been named to the board of directors, indicating a close relationship with Donald Trump [2] - The collaboration between Trump and UFC includes hosting a mixed martial arts fight at the White House for America's 250th anniversary [2] Group 3 - McCormick has a background in senior leadership roles at Goldman Sachs and served as a Senior White House Advisor under President George W. Bush [3] - Most recently, she was Vice Chair and Head of Global Client Services at BDT & MSD Partners [3]

Core Insights - Meta Platforms has appointed Dina Powell McCormick as its president and vice chairman to guide strategy and execution, focusing on multi-billion-dollar investments and partnerships [1][6] - The appointment of Powell McCormick, a veteran of two Republican administrations, highlights Meta's commitment to enhancing its AI capabilities and strategic growth [2][3] Company Overview - Meta, owner of Facebook, Instagram, and WhatsApp, has a market capitalization of approximately $1.65 trillion and is part of the S&P 500's "Magnificent Seven" group of major tech stocks [3] - The company is recognized as one of the largest spenders in the U.S. tech sector, particularly in AI technology development [2][3] Strategic Initiatives - Meta has recently secured long-term energy partnerships with three nuclear energy companies to support its data center network, addressing power availability constraints for expansion [4][5] - The company is also focused on developing its smart-glasses business, which is seen as a potential gateway to AI technology, while evolving its approach to online teen safety [5]

Core Insights - Meta is planning to announce layoffs this week, which will impact its metaverse projects as the company reallocates resources towards artificial intelligence development [1] Company Impact - The layoffs are expected to affect Meta's ongoing work on the metaverse, indicating a strategic shift in focus towards artificial intelligence [1]

Meta正集结一支高管团队管理其数十亿美元的数据中心项目，以支撑其追求"超级智能"所需的基础设施投资。此举凸显全球科技巨头在AI竞赛中对基础设施 的激进押注。 美东时间12日周一，Meta宣布，任命曾美国总统特朗普第一个任期的高级顾问Dina Powell McCormick为公司总裁兼副董事长，专注于与政府及投资者就AI 项目展开合作。几小时后，Meta的CEO马克·扎克伯格宣布，提拔两名高管领导名为Meta Compute的内部组织，监督公司全球数据中心及其供应商合作关 系。 特朗普周一在Truth Social上发帖祝贺Powell McCormick的任命，称扎克伯格作出了"绝佳的选择"，称赞她是"出色且极具才华的人士，曾以实力和卓越表现 为特朗普政府服务"。 "华尔街最资深女高管之一"加盟Meta Powell McCormick去年4月加入Meta董事会，8个月后意外辞职。她本周将以总裁兼副董事长的身份重返Meta，直接向扎克伯格汇报工作。Meta的发言人确 认，她将指导公司的整体战略，特别专注于AI基础设施的工作。 Meta周一发布的声明称，McCormick"在全球金融最高层的经验，以及她在全 ...

Meta has appointed new executives to head various aspects of its artificial intelligence (AI) initiatives.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.“Meta is planning to build tens of gigawatts this decade, an ...

Meta Platforms said on Monday that Dina Powell McCormick, who comes from the worlds of international finance and politics, has become the company's president and vice chairman. At the same time, it formed a new internal group devoted to constructing artificial-intelligence infrastructure. ...

Core Insights - Meta Platforms has entered into nuclear power agreements with three providers, including Oklo, to secure carbon-free electricity for its AI infrastructure [1][3] - Oklo's stock rose 8% following the announcement, reflecting investor confidence in its business model [1] - The partnership aims to deliver 6.6 gigawatts of power by 2035, surpassing New Hampshire's total electricity demand [3] Company Developments - Oklo, a small modular reactor developer, went public in 2024 through a SPAC merger and is currently valued at over $600 million [1] - The advanced nuclear technology campus in Pike County, Ohio, is expected to be operational by 2030, marking a significant milestone for Oklo [4] - Oklo's aggressive execution strategy includes leveraging Department of Energy pathways to expedite development and licensing [8] Industry Trends - The announcement aligns with similar nuclear commitments from other tech giants like Amazon and Alphabet, indicating a trend among data center operators to adopt nuclear energy for AI workloads [5] - The nuclear projects are seen as a scalable solution for providing reliable baseload power, which is essential for energy-intensive applications [4] - Oklo's stock has surged over 300% in the past year, driven by investor optimism regarding its multifaceted approach to nuclear energy [9]