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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,…

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Technology

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

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 Festival chief operating officer Pete Torres, Alza, which took place…

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Technology

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…

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Technology

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…

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