Direxion Daily NYSE FANG+ Bull 2X Shares(FNGG.US)

Last Updated 19:00:00 ET
longbridge loading
Company Encyclopedia
View More
name
Direxion Daily NYSE FANG+ Bull 2X Shares
FNGG.US
News
View More

Women's, advocacy groups call on Apple, Google to drop X and Grok from app stores

A coalition of women's groups and activists is urging Apple and Google to remove the social media platform X and its chatbot Grok from their app stores. They accuse the apps of generating illegal content that violates the companies' terms of service, particularly concerning sexually explicit and degrading images of women and children. The call for action follows scrutiny over Grok's content, leading to bans in Malaysia and Indonesia, and investigations in Europe and the UK. The American Federation of Teachers has also quit X over concerns about indecent images of children.

Reuters·
US
AAPL
-1.04%
US
GOOG
-0.85%
US
GOOGL
-0.84%
Reuters·
US
AAPL
-1.04%
US
GOOG
-0.85%
US
GOOGL
-0.84%

Meta glasses are selling so well that they plan to double production capacity to meet the surge in demand

According to reports, as the sales momentum of Ray-Ban Meta glasses is strong, Meta has suggested that EssilorLuxottica SA increase its annual production capacity to 20 million pairs or more by the end of 2026. If demand is strong enough, production capacity will be further established to over 30 million pairs

Wallstreetcn·
US
META
-0.09%
Wallstreetcn·
US
META
-0.09%

ROI-Talent, not territory will define AI future: Taosha Wang

In a significant move, Meta acquired Manus, a Chinese-founded AI startup, for over $2 billion, challenging the narrative of U.S.-China tech decoupling. Manus, known for its agentic AI, has seen rapid growth, surpassing $100 million in annual recurring revenue shortly after its launch. The deal signals a thaw in global growth-stage capital for China-linked founders and highlights a shift towards talent-focused strategies in the AI race. The acquisition underscores the importance of talent over territory in the evolving landscape of AI development, as companies navigate geopolitical tensions.

Reuters·
US
META
-0.09%
Reuters·
US
META
-0.09%

Apple-Google AI Pact Sidelines OpenAI, Cementing Gemini’s Ecosystem Lead

Apple has partnered with Google for a multi-year collaboration, utilizing Google's Gemini models and cloud technology to enhance Siri. This partnership is expected to improve Siri's capabilities and solidify Google's position in the AI ecosystem, pushing its market value past $4 trillion. The collaboration marks a shift in Apple's AI strategy, moving away from OpenAI, which may face challenges as Apple develops its own AI solutions. Analysts predict that Apple will launch AI-driven subscription services, potentially impacting ChatGPT's user base.

TradingKey·
US
GOOGL
-0.84%
US
AAPL
-1.04%
US
GOOG
-0.85%
TradingKey·
US
GOOGL
-0.84%
US
AAPL
-1.04%
US
GOOG
-0.85%

Meta Unveils 'Meta Compute' Initiative, Pledging Massive AI Data Center Buildout And Nuclear Power Deals In Push For Superintelligence

Meta Platforms Inc. is launching a new AI infrastructure group called Meta Compute, led by Santosh Janardhan and Daniel Gross, to enhance investments in data centers and energy supplies for advanced AI. The initiative aims to build significant computing capacity, with plans to secure long-term power through nuclear energy agreements. Meta is also restructuring its workforce, cutting over 10% of its Reality Labs team to focus on AI, while increasing capital spending to over $70 billion by 2025. CEO Mark Zuckerberg emphasizes the pursuit of superintelligence capabilities.

benzinga_article·
US
META
-0.09%
benzinga_article·
US
META
-0.09%
© 2026 Longbridge｜Disclaimer