Meta Ordered To Pay $25 Billion Over Data 'Leak' With A Trump Link

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• Meta expects its 2026 capex to be $135B-$145B, vs. $130B-$145B previously, and forecasts Q4 revenue of $73B-$76B, vs. $73.6B est.; META jumps 3%+ after hours (Riley Griffin/Bloomberg)

  Meta Platforms Inc. has revised its 2026 capex forecast to $135B-$145B, up from $130B-$145B, and its Q4 revenue forecast to $73B-$76B, up from $73.6B. The company's stock price has surged by 3%+ after hours following the announcement.

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

  New York's inaugural microdrama film festival, Alza, aimed to legitimize vertical entertainment as an art form but left its audience uncertain about the future of this genre. The festival showcased a variety of short and vertical content, including adaptations of classic novels and romantic dramas, with a primary focus on appealing to mainstream women who watch microdramas on their phones. While some microdramas have been successful, the festival's attendees seemed skeptical about the future of vertical entertainm…

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• Anthropic unveils Claude Duet AI agent app - Reuters

  Anthropic, a tech company, has launched Claude Duet, an AI agent app aimed at improving productivity and efficiency. This app is part of Anthropic's suite and is expected to streamline tasks for users.

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