According to China Fund News, on March 13 local time, Meta's stock price fell by nearly 4%.

老虎证券2026/03/15 00:36

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On the news front, Meta is planning a large-scale layoff, which may affect 20% or more of its employees. This move aims to offset the company's substantial investment in artificial intelligence infrastructure and prepare for higher efficiency brought by AI-assisted employees. If Meta ultimately decides to lay off 20% of its workforce, it will be the largest layoff since the company's restructuring known as the "Year of Efficiency" from the end of 2022 to early 2023. According to the latest documents submitted by the company, as of December 31 last year, Meta's total number of employees was close to 79,000.Over the past year, Meta CEO Zuckerberg has been pushing the company to participate more actively in the competition for generative artificial intelligence. To attract top AI researchers to join the new superintelligence team, the company has offered extremely generous compensation packages, some totaling hundreds of millions of dollars over four years. Meta stated that it plans to invest $600 billions in building data centers by 2028. Earlier this week, the company also acquired a social networking platform called Moltbook, which is designed for AI agents.Currently, the superintelligence team is developing a new model called "Avocado," hoping to re-establish the company's technological position this year, but the model's performance is also below expectations. Market analysts believe this means that Meta's massive investment in AI infrastructure over the past few years cannot be converted into revenue, let alone profit. The huge investment cannot be sustained and can only rely on layoffs to reduce costs.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Third Life World signed a definitive control share purchase agreement to take voting control of Transglobal Management Group (TMGI). The deal transfers a Series A Preferred control block holding a majority of voting rights to Third Life World. TMGI plans to make Third Life World’s AI-agent virtual world platform its core operating business. TMGI will create new Series B Preferred Stock to support the purchase; closing remains subject to customary conditions. At closing, controlling shareholder Marc Angell will resign his officer roles and stay on as a consultant during the transition. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Transglobal Management Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610081100PRIMZONEFULLFEED9842281) on October 08, 2026, and is solely responsible for the information contained therein.

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US Stock Moving | Starbucks reportedly considering acquisition, Chipotle Mexican Grill (CMG.US) shares soar up to 8.6%

According to media reports citing sources familiar with the matter, Starbucks has been working with advisors in recent months to explore potential acquisition plans targeting the US-based Mexican-style restaurant chain Chipotle Mexican Grill.

智通财经•2026/10/08 14:55

BUZZ - Starbucks shares fall; reports said it once considered acquiring Chipotle Mexican Grill

On October 8, Starbucks (SBUX.O), the coffee chain brand, saw its stock price drop by as much as 6.66% to $87.35. According to sources cited by the Financial Times, the company had considered acquiring Chipotle Mexican Grill (CMG.N). The report states the progress of this acquisition plan remains unclear. Starbucks (SBUX) currently has a market value of about $39 billion. Chipotle’s (CMG) stock price surged as much as 8.55% to $33.40. Chipotle has not yet responded to a request for comment from Reuters. As of the close of the previous trading day, SBUX has risen about 10% so far this year, while CMG has dropped 12% year-to-date. (For the benefit of non-English speakers, Reuters has automated translation of its reports into several other languages. Since automated translations may occasionally be inaccurate or lack the intended context, Reuters does not guarantee the accuracy of these translations and provides them solely for convenience. Reuters accepts no responsibility for any damage or loss caused by the use of automated translation.)

路透社•2026/10/08 14:51