latest news in Meta Platforms

Meta Challenges Reddit with New 'Forum' App, Sending Shares Down 6 Percent

Meta Challenges Reddit with New 'Forum' App, Sending Shares Down 6 Percent

Menlo Park, Saturday, 23 May 2026.
Meta’s quiet launch of ‘Forum,’ an AI-powered community app, directly challenges Reddit’s business model. This new competitive threat immediately drove Reddit shares down nearly 6 percent on Friday.

Meta Opens WhatsApp to Competing AI Chatbots Amid European Regulatory Pressure

Meta Opens WhatsApp to Competing AI Chatbots Amid European Regulatory Pressure

Menlo Park, Wednesday, 20 May 2026.
To appease EU regulators, Meta is granting rival AI temporary free access to WhatsApp, though competitors argue the impending usage fees create an unfair market advantage.