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19.06.26 - 18:54
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Famous Wall Street Tech Analyst Names Meta and Amazon the Best Magnificent 7 Stock Buys Today (24/7 Wall St.)
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Evercore ISI's head of internet research Mark Mahaney has a contrarian message for investors who've watched the Magnificent 7 lag the broader market. On CNBC's “Closing Bell Overtime” on June 18, 2026, with host Liz Young and co-host Mike Santoli, Mahaney named Meta Platforms (NASDAQ:META) and Amazon (NASDAQ:AMZN) his top buys inside the group, arguing ... Famous Wall Street Tech Analyst Names Meta and Amazon the Best Magnificent 7 Stock Buys Today...
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19.06.26 - 17:54
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Appeals Court Allows Ohio To Restrict Children′s Use Of Social Media (ZeroHedge)
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Appeals Court Allows Ohio To Restrict Children's Use Of Social Media
Authored by Aldgra Fredly via The Epoch Times,
A federal appeals court on Thursday allowed Ohio to enforce a law requiring social media companies to obtain parental consent before permitting children under 16 to access their platforms.
Instagram, TikTok, Snapchat, YouTube, Facebook, Twitch, and Reddit applications are displayed on a mobile phone on Dec. 9, 2025. Hollie Adams/Reuters
The law, known as the Social Media Parental Notification Act, was passed by the state's legislature in 2023 and took effect in January 2024. NetChoice - a trade group representing TikTok, Meta, and other major tech companies - later filed a lawsuit, alleging that the law was unconstitutional.
In April, U.S. District Judge Algenon Marbley ruled in NetChoice's favor and permanently blocked Ohio from enforcing the law. The state subsequently appealed the ruling.
In a 2-1 decision on June 18, a panel of the Sixth U.S. Circuit Court of Appeals rever...
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19.06.26 - 15:36
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The UK′s social media ban for under-16s has just empowered big tech | Taylor Lorenz (The Guardian)
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Age verification means that the sector's biggest players will now have access to information that will only make them richer and more powerfulThis week, the UK announced a wide-ranging ban on social media that will soon block users from communicating or accessing information on apps such as X, Instagram, YouTube, Facebook, TikTok and Snapchat unless they prove that they're over the age of 16.The prime minister, Keir Starmer, called the policy “a line in the sand”. “Tech giants had their chance and failed,” he said, “but we're stepping in to protect children, back parents and set a new normal for future generations.” All internet users, especially children, should be protected from exploitative systems online, but this new law will only foster more harm and help the largest and most powerful tech companies consolidate power and influence over everyone's lives.Taylor Lorenz is a technology journalist who writes the newsletter User Mag and is the author of the bestselling book Extremely Onlin...
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19.06.26 - 13:24
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Ambani′s Jio Could Be India′s Biggest IPO (Bloomberg)
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Jio Platforms is gearing up for what could become India's biggest IPO ever. The telecom giant serves nearly 525 million subscribers and counts Meta, Alphabet and KKR among its backers. Now, Ambani's digital crown jewel is preparing for its next chapter. (Source: Bloomberg)...
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18.06.26 - 17:18
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Tim Cook Says Apple Is About to Get Swamped By a “100-Year Flood” (24/7 Wall St.)
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The artificial intelligence boom is reshaping more than just software. It is rewriting the economics of the entire technology industry. The four largest hyperscalers — Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG), and Meta Platforms (NASDAQ:META) — are expected to spend roughly $750 billion on AI infrastructure in 2026. That spending spree is consuming enormous amounts ... Tim Cook Says Apple Is About to Get Swamped By a “100-Year Flood”...
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18.06.26 - 16:03
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Architect Labs Raises $24M Seed to Democratize Custom Chip Design (Business Wire)
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A team of frontier AI, systems and silicon researchers from Anthropic, DeepMind, xAI, Meta, Google, and Intel with 80+ collective tape-outs are building an AI system to design custom chips, end-to-endPALO ALTO, Calif.--(BUSINESS WIRE)--Architect Labs, a foundational lab to accelerate custom silicon development, emerged from stealth today with $24 million in seed funding. The round was led by Kindred Ventures, with participation from TQ Ventures, Race Capital, Together Fund, and key figures in modern computing and AI, including Srinivas Narayanan, Lukasz Kaiser, Aravind Srinivas, Kunle Olukotun, Trevor Blackwell, Dr. Alex Wissner-Gross, Shaad Khan and other executives from NVIDIA, Google, OpenAI, and more. Kindred founder and managing partner Steve Jang joined Architect Labs' board.
The world needs more chip designs than we can produce today
The rapid growth of AI has fundamentally changed the economics of hardware infrastructure. Computing has shifted from a basic GPU-CPU-memory configuration into massiv...
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18.06.26 - 15:30
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How Zuckerberg Paid $1 Billion for Zero Revenue and 13 Employees to Save Facebook (24/7 Wall St.)
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In 2012, Meta (NASDAQ:META) was still called Facebook, had just crossed a billion users, and was preparing for one of the most hyped IPOs in history. The business looked invincible. Mark Zuckerberg, then 27, decided the right move was to write a check for a photo-sharing app with zero revenue, 13 employees, and 30 million ... How Zuckerberg Paid $1 Billion for Zero Revenue and 13 Employees to Save Facebook...
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