Meta bought a nearly 3% stake in the owner of Ray-Ban. With Google eyeing a smart glasses entrance, cementing its lead in the space is key for Meta in 2025.
https://www.bloomberg.com/news/articles/2025-07-17/meta-hires-two-key-apple-ai-experts-after-poaching-their-boss?srnd=phx-technology&sref=TBDibEcD rel=noreferrer noopener>Meta poaches two former Apple AI engineers, intensifying talent war. Offers over $200M pay package to former boss, hires seven from OpenAI.
Apple has sued YouTuber Jon Prosser and collaborator Michael Ramacciotti for allegedly leaking iOS 26 features by secretly accessing a confidential development iPhone, claiming misappropriation of trade secrets.
Amazon has laid off hundreds of employees in its AWS cloud division as part of a broader restructuring effort driven by the growing adoption of generative AI and CEO Andy Jassy's push to streamline operations.
Meta shareholders abruptly settled an $8 billion lawsuit accusing Mark Zuckerberg and other executives of oversight failures in Facebook's privacy practices, allowing them to avoid public testimony in the first-ever Caremark trial over data governance.
Prologis offers investors low-risk exposure to AI infrastructure through powered shell real estate, backed by strong earnings and a solid balance sheet
Big tech companies like Meta, Amazon, and Palantir are investing heavily in AI, driving a surge in datacenter infrastructure. Goldman Sachs predicts a 165% increase in global datacenter electricity demand by 2030, making utility, infrastructure, and real estate ETFs attractive. AI-driven growth is expected to boost regulated utilities like NextEra and Duke Energy, as well as companies upgrading the electrical grid like Johnson Controls and ABB. Infrastructure-focused ETFs like PAVE and IYJ offer exposure to the concrete-intensive reality of AI clusters, while REITs like XLRE benefit from the demand for digital infrastructure. This presents a long-term investment opportunity for ETF investors.
The lawsuit attempted to hold Mark Zuckerberg, Marc Andreessen, and other company officials personally liable for the billions of dollars in fines and legal costs borne by the company.
