Some companies tie AI to layoffs, but the reality is more complicated
The one thing N. Lee Plumb knows for sure about being laid off from Amazon last week is…
After laying off 1500 people, losing $88 billion; Meta CFO Susan Li tells analyst where the Reality Labs division will focus on
Meta’s Reality Labs division is shifting focus from VR to wearables, despite continued development of future VR headsets.…
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The Chan Zuckerberg Initiative is making big changes, and it started 2026 with some job cuts to recalibrate…
After Minneapolis, Tech CEOs Are Struggling to Stay Silent
It was November 12, 2016, four days after Donald Trump won his first presidential election. Aside from a…
Zuckerberg teases agentic commerce tools and major AI rollout in 2026
Mark Zuckerberg says Meta users will start to see new AI models and products from the company in…
Meta burned $19 billion on VR last year, and 2026 won’t be any better
Earlier this month, Meta laid off 10% of the staff for Reality Labs, its virtual reality unit, reportedly…
Meta boosts annual capex sharply on superintelligence push, shares surge
By Jaspreet Singh Jan 28 (Reuters) – Instagram-owner Meta on Wednesday boosted its capital spending plans for the…
Social media companies face landmark trial over youth addiction claims
Three of the world’s biggest tech companies face a landmark trial in Los Angeles starting this week over…
Aerial photo reveals concerning trend among billionaires in San Francisco: ‘I’ll never understand’
California’s Midpeninsula, which is south of San Francisco, has five billionaire residents with a truly staggering combined net…
Surrounded by billionaires in Davos, Trump plans to lay out how he’ll make housing more affordable
WASHINGTON (AP) — President Donald Trump plans to use a key address Wednesday to try to convince Americans…
Trump heads to Davos to talk about affordability
WASHINGTON (AP) — President Donald Trump plans to use a key address Wednesday to try to convince Americans…
Meta lays off VR employees, underscoring Zuckerberg’s pivot to AI
Meta CEO Mark Zuckerberg demonstrates an Oculus Rift virtual reality (VR) headset and Oculus Touch controllers during the…