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Aaron Sorkin's 'The Social Reckoning' revisits Facebook via whistleblower Frances Haugen

Aaron Sorkin has written and directed 'The Social Reckoning,' a companion film to 'The Social Network' built around The Wall Street Journal's reporting with Facebook whistleblower Frances Haugen. The movie traces Haugen's time at the company and uses her account to show how its pursuit of growth turned it into a societal hazard, with Mark Zuckerberg a prominent but secondary figure.

Meta patches critical VM escape flaws in Muse AI before launch

Ahead of Muse's release, Meta engineers identified multiple security vulnerabilities in the AI agent's virtual machine environment. At least one flaw could have enabled malicious users to access Meta's sensitive internal data, prompting urgent fixes involving multiple teams and senior management. The vulnerabilities were linked to Linux kernel virtualization code and required immediate attention to prevent potential data breaches.

Meta's Muse app hits 5 million downloads under exec Alexandr Wang

Meta's Muse app, launched September 8 and capable of performing multi-step tasks in the background, surpassed 5 million U.S. downloads within 22 days, according to Mashable. The app is led by Alexandr Wang, the 29-year-old Scale AI co-founder whom Mark Zuckerberg hired as Meta's first Gen Z senior executive after Meta's $14 billion investment for a 49% stake in Scale AI, the Wall Street Journal reports. Meta's stock has risen nearly 20% since the app's debut.

Meta launches agentic shopping feature in Muse AI assistant

Meta has rolled out shopping capabilities within its Muse AI agent, letting users ask it to search retail sites for products matching specific brand, price and availability criteria. Users can complete checkout directly through Muse using payment partners like Link by Stripe or Shopify Shop Pay, with PayPal support announced but not yet live, after confirming order details via an 'approval card'. Meta CEO Mark Zuckerberg said the company will collect a small fee on these transactions.

Meta Uses 'Pilot Model' Tax Credit to Cut Billions From AI Data Center Taxes

According to the New York Times, Meta has been classifying its massive data center construction projects as experimental 'pilot models' under a decades-old R&D tax credit, allowing it to claim billions in federal tax savings. The company reportedly saved $2 billion in 2024 and nearly $4 billion in its 2025 fiscal year, making it the largest known beneficiary of the credit among public companies, per securities filings cited by the Times.

Meta stock drops $20B in Zuckerberg wealth amid AI spending doubts

Meta shares sold off sharply since last Friday, cutting Mark Zuckerberg's paper fortune by roughly $20 billion after Goldman Sachs questioned the long-term payoff of Meta's heavy AI investment. The decline comes as Zuckerberg pushes deeper into AI, hiring veteran executive Chirantan Desai to lead a new division selling Meta's AI tools to corporate customers. Despite the drop, Meta's stock remains up more than 28 percent over the past month.

Meta shares jump 27% in September, best month since 2022

Meta Platforms stock closed at $725.18 on Wednesday, up 27% from $572.34 at the end of August, marking its strongest monthly performance since November 2022. The rally followed the September 8 launch of Muse, Meta's personal AI agent app, which topped ChatGPT in Apple iOS downloads, and was reinforced by announcements at Meta's Connect conference and the hiring of former MongoDB CEO CJ Desai to lead a new enterprise AI unit.

Trump-signed AI safety pledge misspells 'United States' as 'Unites States'

President Trump and AI industry leaders including Meta's Mark Zuckerberg, Nvidia's Jensen Huang and Anthropic's Dario Amodei signed a voluntary 'Joint Commitment on Frontier Responsibilities' pledging safety controls for AI development. A photo of the signed document posted by Trump to Truth Social shows 'United States' spelled as 'Unites States' directly beneath his signature, while other signatories' names and companies are spelled correctly.

Trump signs voluntary AI safety accord with Amodei, Pichai, Zuckerberg and others

President Trump announced a voluntary agreement signed at the White House by AI executives including Anthropic's Dario Amodei, Google's Sundar Pichai, Meta's Mark Zuckerberg, OpenAI's Greg Brockman, Nvidia's Jensen Huang and xAI's Elon Musk. The accord commits companies to internal controls, independent external audits, and board-level committees to review those audits, while leaving open the possibility of future codified regulation.

New Mexico jury finds Facebook committed 43 million consumer-protection violations

A jury in State of New Mexico v. Facebook, Inc. found that Meta's Facebook violated the state's Unfair Practices Act more than 43 million times, tied to misleading statements about its data practices during the Cambridge Analytica scandal. Jurors determined Facebook misrepresented how it shared user data with third parties, profited from misinformation and hate speech while claiming to combat it, and made false statements about its internal Cambridge Analytica investigation. New Mexico Attorney General Raúl Torrez announced the verdict, which could expose Meta to significant financial penalties.

Mesabi Metallics to build $15B steel plant in Iowa, Trump announces

President Trump said Mesabi Metallics will invest $15 billion to build what the White House describes as the largest steel plant of its kind in U.S. history, located in Iowa. A White House official told CNBC that production is expected to begin in 2030, with an initial phase producing about 7.5 million tons annually and supporting up to 6,000 construction jobs. Mesabi, based in Minnesota, said the plant would produce entirely American-made steel.

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