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Rani Molla

Russia blocks Meta’s WhatsApp, the country’s most popular messaging app

The Russian government has fully blocked Meta’s WhatsApp, the country’s most popular messaging app, over what a Kremlin spokesman called the company’s “unwillingness to comply with Russian law.” In a statement, Meta said WhatsApp has more than 100 million users in the country, which would represent two-thirds of the Russian population.

While this represents a major disruption for Russian users, it’s unlikely to be financially devastating for Meta.

The company does not break out revenue from Russia, but since Russia’s invasion of Ukraine in 2022, Meta has been labeled an “extremist organization” in Russia, and advertising on its platforms has been banned.

Meta called the move a “backwards step” that “can only lead to less safety for people in Russia.”

While this represents a major disruption for Russian users, it’s unlikely to be financially devastating for Meta.

The company does not break out revenue from Russia, but since Russia’s invasion of Ukraine in 2022, Meta has been labeled an “extremist organization” in Russia, and advertising on its platforms has been banned.

Meta called the move a “backwards step” that “can only lead to less safety for people in Russia.”

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WSJ: OpenAI IPO filing could be coming as soon as this week

According to a report from The Wall Street Journal, OpenAI could file for an IPO as soon as this week. The company is working with Goldman Sachs and Morgan Stanley on the IPO, which is widely expected to be one of the largest ever. OpenAI is racing against rival Anthropic to be the first startup of the current generative-AI boom to go public.

OpenAI is targeting an IPO as soon as September, per the report.

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Google announces new models, glasses, agents, but investors are not impressed

At Google’s I/O developer conference, the company announced a bevy of new products, but none of it helped the stock one bit.

Jon Keegan5/19/26
tech
Rani Molla

Report: Tesla to build solar factory near Houston

Tesla is planning to build its solar panel manufacturing plant — an endeavor that could add up to $50 billion in value to its energy business — near Houston, Texas, Electrek reports. The plant would be located on the same site as its Megafactory, which builds Megapack battery systems.

The solar plant is part of Tesla and SpaceX’s goal of eventually putting solar-powered data centers in space.

On the company’s fourth-quarter earnings call, CEO Elon Musk said Tesla was “going to work towards getting 100 gigawatts a year of solar cell production, integrating across the entire supply chain from raw materials all the way to finished solar panels.”

At the time, the news had sent shares of First Solar down, but subsequent reports suggest Tesla is unlikely to compete directly with the country’s leading photovoltaic panel maker, instead using much of that production internally.

On the company’s fourth-quarter earnings call, CEO Elon Musk said Tesla was “going to work towards getting 100 gigawatts a year of solar cell production, integrating across the entire supply chain from raw materials all the way to finished solar panels.”

At the time, the news had sent shares of First Solar down, but subsequent reports suggest Tesla is unlikely to compete directly with the country’s leading photovoltaic panel maker, instead using much of that production internally.

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