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Tech Beat · 10 PM Update

Welcome to Tech Beat, your daily look at the stories shaping our world.

Meta is restructuring how it funds its AI ambitions, announcing a new class of non-voting shares that will support infrastructure investment, acquisitions, and employee compensation. Trading is expected to begin in two thousand twenty seven, signaling just how long and expensive this AI build-out is expected to be.

Shifting to space, the James Webb Space Telescope has spotted a surprising concentration of heavy metals surrounding the Milky Way's supermassive black hole. Astronomers say the discovery may shed light on how Earth acquired its own share of heavy elements, though it also deepens an existing mystery about our galaxy's core.

Closer to home, federal health officials are moving fast on Medicare fraud. Just one week after receiving new authority to remove providers from federal programs, the Centers for Medicare and Medicaid Services announced action against adult day care centers in New York City accused of defrauding the system. It's a notable show of speed from an agency that has historically moved slowly on enforcement.

Those are the stories driving the conversation today. Keep surfing. Tech Beat out.

Sources

  1. https://web.archive.org/web/20130226221212/http://windows95tips.com/
  2. https://www.statnews.com/2026/10/21/cms-medicaid-fraud-nyc-adult-daycare-operators/?utm_campaign=rss
  3. https://akspad.substack.com/p/after-automation-cofounders-will
  4. https://psychotechnology.substack.com/p/a-ripped-out-poem-or-how-i-voted
  5. https://financialpost.com/uncategorized/news-of-the-day-7
  6. https://www.livescience.com/space/astronomy/james-webb-telescope-discovers-surprising-trove-of-metals-around-the-milky-ways-supermassive-black-hole
  7. https://www.theverge.com/tech/1015799/meta-shares-class-ai-q3-2026-earnings
  8. https://globalnews.ca/news/12112012/saint-john-port-upgrades-federal-funding/
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