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AMD is selling $60 billion worth of GPUs – and a piece of itself – to Meta

Any lingering hope for affordable gaming GPUs just took another hit
Editor's take: AMD and Meta have joined the growing circus of reciprocal deals Big Tech is using to bootstrap what it hopes will become a self-sustaining "AI economy." Under a new multi-year agreement, the two companies will closely align their technology roadmaps – though AMD's role comes with strings attached, including hitting specific performance targets in the stock market.
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Meta knowingly took in billions from scam ads on Facebook and Instagram, says Reuters

Another day, another Meta controversy
In a nutshell: Meta has faced several controversies over the years, including the misuse of private data for political profiling, failing to stop the spread of fake news and hate speech, and ignoring the impact of Facebook and Instagram on the mental well-being of young people. A new report now claims the company has also knowingly accepted fraudulent and scam ads originating in China.
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Meta shut down an internal study that linked Facebook use to worse mental health

A hot potato: In 2020, Meta launched an internal research effort called Project Mercury to examine the psychological effects of Facebook use. Working with market research firm Nielsen, the company ran a survey-based experiment that asked selected users to deactivate their Facebook accounts for a week. Newly unsealed discovery documents reveal that those who stepped away reported noticeably lower levels of depression, anxiety, loneliness, and negative social comparison.