Articles about Meta

Top cloud service providers reach combined $710bn capex

The ‘big-eight’ cloud service providers’ capital expenditure will see a year-on-year increase of 61%, says TrendForce.

Tech layoffs surge past 30 000 in first weeks of 2026

The job cuts span 38 US companies, with the largest reductions at Amazon, Meta and fintech group Block.

Oracle eyes $50bn capital raise to drive cloud expansion

The US database software giant plans to achieve its funding objective by using a combination of debt and equity financing.

WhatsApp beefs up security with ‘strict account settings’

The lockdown-style protections are for users who face higher risks of targeted cyber attacks, including journalists and public-facing figures.

Hyperscalers’ $3tn AI bet pushes consumer RAM prices up 250%

The AI data centre boom drives investment, starving consumer memory chip supply and pushing RAM prices up 250%, with no end in sight.

Ericsson announces proposed job cuts

The networking and telecoms firm says about 1 600 positions could be impacted in its home market Sweden.

Meta braces for another round of layoffs

The Facebook owner is reportedly in the process of laying off employees focused on virtual reality within its Reality Labs division.

AI drives record-breaking tech M&A in 2025

Tech giants spent trillions securing AI capabilities in 2025, while SA saw major telco consolidation and fintech IPOs reshape the local landscape.

Mega 2Africa subsea cable finalised

Meta announces the completion of the core 2Africa subsea cable, which it bills as the world’s longest open access subsea cable system.

CompCom wants govt to set up social media ombud

The competition watchdog recommends a regulatory framework for the establishment of a social media ombud.

SABC sees streaming subscriptions, gamification, gaming in its future

The South African Broadcasting Corporation sets its sights on R200 million per annum commercial success for its video streaming platform SABC+, reveals COO Lungile Binza.

CompCom orders social media giants to invest in SA media

YouTube, Meta, TikTok and X must significantly invest in SA’s media sector, as revenue-share compensation, says the watchdog.