Business News
Snap Is Cutting 1,000 Jobs After an Activist Investor Said It ‘Over-Hired’
The social media company is eliminating 16% of its workforce after Irenic Capital urged leadership to boost efficiency.
Meta
Business News
A Jury Just Found Meta and YouTube Liable in Addiction Case. They Must Pay $3 Million — and It’s Just the Beginning.
Meta and YouTube must pay $3 million in compensatory damages after a jury ruled their addictive app features caused mental health harm to a young user.
Business News
Mark Zuckerberg Is Building an ‘AI Chief of Staff’ to Be His Right-Hand Robot
In his race to make the company "AI native," Zuckerberg is leading by example.
Business News
Meta Is Reportedly Planning Mass Layoffs That Could Affect 20% of the Company — With 16,000 Jobs At Risk
The move comes as Meta tries to offset expensive AI bets and prime itself for more workplace efficiency brought on by the technology.
By Sherin Shibu
Business News
Meta Is Delaying Its ‘Superintelligent’ AI Model After Performance Issues
Mark Zuckerberg has invested billions in AI, but Meta's latest model isn't keeping pace with OpenAI and Google.
Business News
Want to Work at One of the World’s Biggest Tech Companies? Here Are the Top Traits its CTO Looks For in New Hires
From direct communication to adaptability, here are the key qualities to develop.
By Sherin Shibu
Business News
Mark Zuckerberg’s Team Showed Up to Court Wearing Meta Ray-Bans. The Judge Was Not Amused.
At least two people in Zuckerberg's entourage wore the AI glasses as he testified in a landmark trial accusing Instagram of being designed to addict children.
Business News
Meta Starts Cutting Jobs, Signaling a Broader Shift in Strategy
Layoff notifications began on Tuesday morning, according to internal communications.
By Sherin Shibu
Business News
Meta Is Going Nuclear to Power Its AI Data Centers
The tech giant partnered with three companies to bring new and existing nuclear plants online as early as 2030.
Business News
Ex-Meta AI Chief Slams New Boss as ‘Young’ and ‘Inexperienced’
Yann LeCun warns Meta's 29-year-old AI officer will trigger staff exodus and says LLMs are a 'dead end' for superintelligence.
Business News
Meta’s Threads Launches New Feature to Lure Podcasters and Their Fans
The social network wants to compete in the space with Reddit and Substack.
Business News
Meta Allowed Scam Ads In China to Protect Revenue: ‘I Don’t Know How Anyone Could Think This Is Okay.’
A Reuters investigation shows that Meta knowingly scaled back a crackdown on predatory advertising.
Business News
Meta Is Planning to Raise Prices on a Popular Product, According to a Leaked Memo
Meta remains the undisputed global leader in virtual reality, with a market share of 77% last year.
By Sherin Shibu
Business News
You Can Make 6 Figures at Apple, Disney, Google and Meta — With Up to $480,000 at One of These Tech Giants
Here's how much nine companies paid their employees this year, according to data revealed in thousands of federal filings.
By Sherin Shibu
Business News
Instagram Announces One of the Strictest Return-to-Office Policies in Tech: ‘2026 Is Going to Be Tough’
The new policy will go into effect early next year.
By Sherin Shibu
Business News
Meta Lays Off Risk Employees As Technology Takes Over Jobs
The tech giant also cut 600 roles from the Superintelligence Labs division, its AI arm.
By Sherin Shibu
Business News
Amazon Just Unveiled AI Smart Glasses for Its Drivers — Here’s What They Actually Do
The glasses use AI-powered sensors, computer vision and cameras to create a display that shows everything from navigation instructions to delivery tasks.
By Sherin Shibu
Business News
Meta Is Hiring Entry-Level Workers — and Most Salaries Start Above $200,000
The tech giant has several high-paying, entry-level software engineer positions open that only require a Bachelor's degree.
By Erin Davis
Business News
Meta Is Using Your AI Chatbot Conversations for the Ad Algorithm on Facebook and Instagram
The change to AI-informed ads takes effect globally on December 16.
By Sherin Shibu
Business News
Meta Is Adding AI to Facebook Dating to Help ‘Anyone Tired of Swiping’ Find a Better Match
Hundreds of thousands of adults in the U.S. and Canada create Facebook Dating profiles every month, Meta claims.
By Sherin Shibu
Business News
Meta Just Unveiled New Smart Glasses With an Embedded Display — and an iPhone 17 Price Point. Here’s How They Work.
Meta CEO Mark Zuckerberg gave the keynote address at the Meta Connect event on Wednesday in Menlo Park, California.
By Sherin Shibu
Business News
Could a Universal Translator Soon Be a Reality? Apple, Meta, and Google Are All Working on It.
Universal translators show up in science fiction like "Star Trek" as gadgets that can translate any language.
By Sherin Shibu
Business News
Amazon Is Developing Smart Glasses for Consumers to Take on Meta’s Bestselling Ray-Bans
Amazon is working on two kinds of smart glasses, one for the general public and another for its delivery drivers, according to a new report.
By Sherin Shibu
Business News
Mark Zuckerberg Reportedly Made One Person a $1.5 Billion Job Offer — and Was Rejected. Here’s How Google, Microsoft, and OpenAI Are Competing with Meta in the AI Talent Wars.
New Meta hires have accepted compensation packages worth hundreds of millions of dollars.
By Sherin Shibu
Business News
AI Contractors at Meta Could See Users’ Personal Data, Including Selfies
Multiple contractors reported that they could view details, including phone numbers, email addresses, and hobbies.
By Sherin Shibu
Business News
Here’s Why Meta’s Earnings Were Better-Than-Expected, According to CEO Mark Zuckerberg
Meta stock reached a record high after the tech giant reported its second-quarter earnings on Wednesday.
By Sherin Shibu
Business News
Microsoft Just Became the Second Company in History to Achieve a $4 Trillion Valuation — Here’s How
The jump in valuation followed a better-than-expected earnings report on Wednesday.
By Sherin Shibu