The fastest-growing Ebola outbreak ever recorded is leaving thousands more people hungry in eastern Congo, a region engulfed in conflicts and a fight over precious minerals, the head of the U.N. food agency warned on Wednesday.

Meta’s Reality Labs unit, which develops virtual reality and wearable devices, continues losing money.

Reuters:
Arm reports Q1 revenue up 22% YoY to $1.29B, vs. $1.26B est., royalty revenue up 22% YoY to $715M, and forecasts Q2 profit above estimates  —  Arm Holdings forecast second-quarter revenue above Wall Street estimates on Wednes…

Fifteen elephants that died over the past month in southern Kenya are suspected to have been poisoned by tomatoes contaminated by cyanide, wildlife authorities told local media Wednesday.

There was a furious backlash on Wednesday to FIFA’s controversial plans to sell a stake in the business operations of the World Cup and its other competitions through the creation of a private subsidiary. FRANCE 24’s James Vasina reports.

Jonathan Vanian / CNBC:
Meta reports Reality Labs Q2 revenue up 16% YoY to $431M, vs. $423.4M est., and a $4.62B operating loss, vs. $5.07B estimated  —  Meta’s Reality Labs unit, which develops virtual reality devices and wearables p…

The Federal Reserve on Wednesday followed through on expectations for no interest rate change.

Reuters:
Meta reports free cash flow of $784M in Q2, down 91% YoY, and now expects 2026 capex to be $130B-$145B, compared with its prior forecast of $125B-$145B  —  Meta Platforms (META.O) reported a precipitous 91% drop in free cash …

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