AI, Meta and Microsoft
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Meta set to layoff 10% of its staff
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Microsoft, Australia
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Learn more Meta (META) on Thursday became the latest Big Tech company to announce layoffs as the ballooning costs of the AI build-out and efficiencies continue to hit workers in the industry. The company says it will cut 10% of its workforce,
While peers reach for pink slips, Microsoft is setting a new standard for AI-era workforce transitions offering 8,750 eligible employees a voluntary buyout with benefits.
Oracle, AMD and Microsoft are on pace for historic weeks, while Intel, Broadcom, Micron, Marvell and ON Semiconductor are all roaring in April.
Big Tech health system partnerships with Microsoft, Amazon, and Google improve care, cut costs, and enhance security across leading U.S. hospitals.
Since the S&P 500 hit its 2026 bottom on March 30, the technology sector has gone from the worst group in the benchmark to the best. An index tracking the Magnificent Seven technology giants is up 20 per cent over that period,
Big Tech has nearly doubled its lobbying spending since 2020 as concerns grow about how social media and AI have reshaped Americans’ lives.
As Big Tech companies pour billions into AI development, they are aggressively poaching top researchers and engineers from startups and rivals alike, reshaping the competitive landscape and raising questions about the sustainability of emerging “neo labs” that have attracted record funding but struggle to retain key personnel.
The tech giant Microsoft has chosen San Francisco as the site of its developer conference Build this summer, snubbing its longtime host Seattle. Microsoft is billing the event as “designed for AI developers, technical leaders, and enterprise developers ...