How Meta's Latest Job Cuts Compare to Recent Broader Tech Sector Layoffs
The roughly 1,000 job cuts in Reality Labs come as Meta reallocates resources from the metaverse to AI wearables and mobile products....
The roughly 1,000 job cuts in Reality Labs come as Meta reallocates resources from the metaverse to AI wearables and mobile products....
Michael Dell, CEO and founder of Dell. John Lamparski/Getty Images Dell has told its employees to expect a companywide systems overhaul in May. Top exec Jeff Clarke told workers it would be the "b...
Senior Vitol trader met US president at White House last week and gave millions to his re-election campaign...
Active AI users got promoted more quickly at Cisco, the company found. David Espejo/Getty Images Cisco said that employees recommended for promotion used AI more often than those who weren't recommend...
Bitcoin, Ethereum, and the broader crypto market cooled after a busy week on Capitol Hill...
Bitcoin is trading near $97,000 for the first time since November, with broader crypto market gains punishing bears over the last day....
It looks like the wave of campaigns against data centers are getting under big tech companies' skin - and Microsoft is the latest giant to promise to address frustrations on the ground in communities ...
Getty Images; Tyler Le/BI In-house legal teams are moving faster with artificial intelligence. Teams now have access to tools that draft legal documents and compare terms across deals. The efficiency ...
FedEx CEO Raj Subramaniam said regular humanoid robots aren't sufficient for his warehouses. AP Photo/Eric Risberg FedEx's CEO said regular humanoid robots won't make the cut for work at his warehouse...
Musk argues the companies benefited from "wrongful gains" that he is owed. Musk co-founded OpenAI in 2015 but says the company now mainly serves Microsoft's interests....
Saks Global, which owns the iconic Saks Fifth Avenue department store, has filed for bankruptcy. Jimin Kim / SOPA Images/Reuters Saks Global has filed for Chapter 11 bankruptcy protection. The luxury ...
President Donald Trump made an unconventional pick for his nomination to the Federal Trade Commission: WeatherTech founder and CEO David MacNeil. MacNeil founded the company, which makes weather-resis...
Shopify CEO says companies often undervalue founders and put them in a corner. Kevin Dietsch/Getty Images Shopify CEO Tobi LĂĽtke said companies undervalue founders' experience and leadership. LĂĽtke sa...
An internal product strategy document outlined Grindr's plans to expand its direct-to-consumer businesses. Spencer Platt/Getty Images Grindr aims to establish four successful direct-to-consumer busine...
Shares in the world’s largest oilfield services company have risen by 14% since US capture of Nicolás Maduro...
The company began accepting Bitcoin as a method of payment in May 2025, following hundreds of store closures between 2018 and 2025....
Lawsuits seeking damages from Google's illegal ad tech monopoly are piling up following the Justice Department's successful antitrust case . Vox Media, The Verge's parent company, is the latest in a w...
The Nasdaq-listed company is rolling out an onchain equity system that allows real shares to be issued and lent directly on blockchain infrastructure....
Former Activision boss Bobby Kotick has made a number of claims about the state of his former company, Call of Duty, and the console market as part of a response to a lawsuit. Kotick, who left Activis...
Palmer Luckey says Meta's VR layoffs cut bloated in-house game studios that were quietly undermining the industry's ecosystem. David Fitzgerald/Sportsfile via Getty Images Oculus founder Palmer Luckey...