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Meta to create a new class of shares to fund AI push

Meta says it's issuing a new class of shares to fund its AI initiatives. As part of its third-quarter earnings report released on Wednesday, the company says the non-voting stock will also go toward potential acquisitions and employee compensation, with trading beginning in 2027. "The scale of investment required to compete, sustain growth, expand infrastructure, and pursue new strategic initiatives amidst the AI transformation taking place in the industry is significant," Meta says in the press

The Verge·2026/10/21·Emma Roth站内阅读全文

New York’s first microdrama film festival searches for its audience

Actors Taye Diggs, Autumn Federici, Gary Entin, Troy Brookins, Edmund Entin and Eric Guilmette attend the world premiere of Microhouse Films and Lifetime's Reunion Island during the ALZA Festival. | Getty Images for Lifetime. It remains to be seen if people really want to watch vertical content on horizontal TV screens, but many filmmakers and creators were confident that their latest projects would play well at Alza - New York City's first microdrama film festival. Founded by former Tribeca F

The Verge·2026/10/21·Charles Pulliam-Moore站内阅读全文

Meta says it would’ve made over $22 billion if it didn’t have to pay a child safety settlement

Meta had to shell out $9.89 billion to pay for a chunk of the child safety settlement it reached with US attorneys general. That's according to the company's third-quarter earnings report released on Wednesday, which says Meta's income from operations would have been $22.89 billion without the settlement. In August, Meta agreed to pay $17.1 billion to settle a massive nationwide lawsuit that claimed the company harmed children by making its social media platforms "addictive" by design. It will a

The Verge·2026/10/21·Emma Roth站内阅读全文

PHP: The three letters that shut down sites all over the internet today

Two bugs found with AI are behind major issues today for 4chan, DeviantArt, Wikipedia, and the blog where the bar around the corner posts pictures of people's dogs. The "critical vulnerabilities" were discovered in the PHP programming language, which underpins much of the internet, including any site built on WordPress. But it's far bigger than that. Some Dutch and Finnish government agencies took their sites down as a precaution. The NSA Cybersecurity account on X recommended that organizations

The Verge·2026/10/21·Terrence O’Brien站内阅读全文

Flying Roadsters can’t lift Tesla’s flat Q3 revenues

As the smoke clears from its outrageous Roadster demo, Tesla reported Q3 earnings on Wednesday - and the cold reality is that revenue has flatlined. Tesla said it earned $1.7 billion in net income on $28.0 billion in revenue in the quarter that ended in September 2026. Revenues were flat, while profits dropped 4 percent compared to the third quarter of 2025, when the company earned $1.4 billion in net income on $28.1 billion in revenue. Tesla's revenue came in above Wall Street expectations of $

The Verge·2026/10/21·Andrew J. Hawkins站内阅读全文

Bose acquires Skullcandy to help it reach a wider audience

Bose announced today it has acquired Skullcandy. Although the two companies are competitors in the consumer audio space, Skullcandy recently partnered with its new owner to bring several of Bose's audio technologies - including its head-tracking spatial audio and excellent active noise cancellation (ANC) - to products like the Skullcandy Crusher 1080 ANC headphones and Method 360 ANC earbuds. Specific details about the deal weren't shared, but according to a news release, Bose plans to keep Skul

The Verge·2026/10/21·Andrew Liszewski站内阅读全文