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Zuckerberg Defends Instagram Policies in Court

Meta CEO Mark Zuckerberg testified in a Los Angeles trial, denying claims that Instagram intentionally targets children under 13.

The case centers on allegations that social media platforms harmed a user’s mental health during childhood. Lawyers presented internal company documents suggesting discussions around engaging younger audiences, while Zuckerberg maintained that Meta does not permit users below the minimum age requirement.

He acknowledged past internal conversations about creating safer versions of services for younger users but stated such plans were never implemented.

The lawsuit forms part of a broader wave of legal challenges facing major technology companies over their impact on young users’ wellbeing.

Meta has argued that its platforms include safety measures and that verifying user age remains a broader industry challenge.

The trial could influence future legal debates around platform responsibility and digital product design.

Meta Revives Smartwatch Project for 2026 Launch

Meta Platforms is reportedly restarting its smartwatch initiative as part of its expanding wearable technology strategy. The revived project, known internally as Malibu 2, is expected to introduce a device focused on health monitoring and integrated artificial intelligence capabilities.

The smartwatch is anticipated to include fitness tracking features alongside a built-in Meta AI assistant. This marks a renewed push into wearables after the company previously halted development in 2022 amid broader cost-cutting measures within its Reality Labs division.

The move reflects growing industry interest in AI-powered personal devices, particularly in health and lifestyle applications. Wearable technology is increasingly being positioned as a key interface for artificial intelligence in everyday use.

Meta has already seen strong market traction in smart eyewear through its collaboration with EssilorLuxottica, the parent company of Ray-Ban. Shipments of AI-enabled glasses reached nearly 6 million units last year, highlighting rising consumer demand for intelligent wearables.

Beyond smartwatches, Meta continues to work on multiple augmented and mixed-reality devices. However, the company is reportedly reassessing release timelines to avoid overwhelming consumers with too many new products in a short period.

Earlier internal discussions also indicated delays in certain mixed-reality projects, with some developments now expected closer to 2027.

Ackman’s Pershing Square Takes Stake in Meta, Sells Hilton

Billionaire investor Bill Ackman has added Meta Platforms to his hedge fund portfolio while exiting its position in Hilton Worldwide Holdings, signaling a renewed focus on artificial intelligence-driven growth.

Ackman’s firm, Pershing Square Capital Management, invested roughly $2 billion—about 10% of its capital—into Meta late last year. The fund’s investment team said they believe Meta’s share price underestimates the long-term upside potential from AI, particularly in content recommendation systems, targeted advertising, and future AI-powered products such as digital assistants and wearables.

Despite investor concerns about Meta’s rising AI-related spending, Pershing Square argues the technology investments could strengthen engagement and revenue over time. Meta shares have declined modestly over the past year but have risen since the hedge fund initiated its position, according to client materials.

The move fits Ackman’s concentrated investment style. Known for holding a limited number of high-conviction positions, he previously invested in major technology names including Amazon and Alphabet. The shift away from Hilton and toward Meta highlights a broader trend among large investors rotating capital toward AI-linked opportunities.