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Update: Tech","url":"https://stock-news.laohu8.com/highlight/detail?id=2662698080","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2662698080?lang=en_us&edition=fundamental","pubTime":"2026-08-28 03:24","pubTimestamp":1787858693,"startTime":"0","endTime":"0","summary":"Tech stocks were higher late Thursday afternoon, with the State Street Technology Select Sector SPDR ETF  rising 2.7% and the State Street SPDR S&P Semiconductor ETF  adding 1.4%.The Philadelphia Semiconductor index climbed 1.6%.In corporate news, Meta Platforms  at one point this year internally projected it could spend up to $10 billion annually on Amazon-backed  Anthropic's AI models, The New York Times reported. Meta's business would have formed a significant portion of Anthropic's annual revenue, which the company estimated in July would pass $65 billion, the report said. Meta shares were down 1.1%, and Amazon was shedding 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Patent Intelligence Report Reveals the Hidden Competitors in the Race to Build AI Smart Glasses","url":"https://stock-news.laohu8.com/highlight/detail?id=2662009084","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2662009084?lang=en_us&edition=fundamental","pubTime":"2026-08-28 00:46","pubTimestamp":1787849160,"startTime":"0","endTime":"0","summary":"PatentVest's newest PV Pulse analysis finds Apple's and Microsoft's AI smart glasses–relevant patent portfolios outrank Google's, Snap's, and Samsung's — despite neither company selling an AI smart glasses productDallas,TX, Aug.  27, 2026  -- PatentVest, a provider of patent-based competitive intelligence for technology, IP, and innovation leaders, today released its newest PV Pulse report, \"Who's Actually Building the AI in AI Smart 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Morgan Keeps Their Hold Rating on Meta Platforms (META)","url":"https://stock-news.laohu8.com/highlight/detail?id=2662758084","media":"TIPRANKS","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2662758084?lang=en_us&edition=fundamental","pubTime":"2026-08-28 00:45","pubTimestamp":1787849125,"startTime":"0","endTime":"0","summary":"In a report released today, Doug Anmuth from J.P. Morgan maintained a Hold rating on Meta Platforms, with a price target of $640.00. According to 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Chatter: Meta Internally Projected $10 Billion Annual Spend on Anthropic AI Models","url":"https://stock-news.laohu8.com/highlight/detail?id=2662908937","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2662908937?lang=en_us&edition=fundamental","pubTime":"2026-08-27 22:58","pubTimestamp":1787842729,"startTime":"0","endTime":"0","summary":"Meta Platforms  at one point this year internally projected it could spend up to $10 billion annually on Amazon-backed  Anthropic's AI models, The New York Times reported Thursday, citing people with knowledge of the companies.Meta's business would have formed a significant portion of Anthropic's annual revenue, which the company estimated in July would pass $65 billion, the report said.Meta didn't immediately reply to a request for comment from MT Newswires.Price: 570.66, Change: -5.49, Percent Change: 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what Meta’s $18 billion multistate settlement could mean for kids — and for its bottom line","url":"https://stock-news.laohu8.com/highlight/detail?id=2662085213","media":"CNN Business","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2662085213?lang=en_us&edition=fundamental","pubTime":"2026-08-27 21:42","pubTimestamp":1787838122,"startTime":"0","endTime":"0","summary":"Meta on Wednesday agreed to make sweeping changes to its platforms as part of an $18 billion settlement with dozens of states over claims its platforms contributed to a youth mental health crisis.Regulators and online safety advocates called it a watershed moment, and both Meta and state attorneys general called on TikTok and YouTube to make similar changes.But whether the settlement fundamentally alters the business of one of the world’s most powerful tech giants remains an open question.The $18 billion agreement is a drop in the bucket for the nearly $1.5 trillion company  and a fraction of what states were seeking at trial, although Meta still faces hundreds of other similar cases. The litigation so far has revealed internal documents suggesting that Meta knew of the risks its platforms posed to young people, despite public statements about its commitments to safety.Meta agrees to pay $18B and make sweeping changes to settle addiction claims. Meta will have six months to implement 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