Business News
The CEO of Snap Thinks You’ll Pay $2,195 for His New Smart Device: ‘Are We Being Punked?’
Snap is under pressure. Its shares are down more than 30% this year.
By Sherin Shibu
Meta
Business News
Meta’s Stock Just Took an Unexpexted Hit. Here’s Why Investors Are Spooked.
The tech giant's free cash flow crashed from $8.55 billion to $784 million, and next year's AI bill could be even bigger.
Marketing
What Makes a Killer Meta Ad, According to Experts
Check out these four real life side-by-side examples.
By Liz Brody
Business News
Mark Zuckerberg Is Spending Hundreds of Billions on AI. His New Strategy in the Race Against OpenAI Is Surprisingly Simple.
Meta’s new developer AI model will reportedly cost far less than rivals as Zuck looks to turn his massive AI investment into a business.
Business News
WhatsApp Is Finally Giving Its 3 Billion Users a Way to Message Without Sharing Their Phone Number
Starting next week, the Meta-owned messaging app will let all its users reserve a unique username they can share instead of a phone number.
Business News
Snap Bet $2,195 on the Future of Smart Glasses. Meta Answered With a $244 Version.
A week after Snap launched its pricey $2,195 AR glasses, Meta is going the opposite direction with a $244 version.
Business News
Who Will Be the Next Trillionaire After Musk? Here’s What the Prediction Markets Say.
Prediction market traders give Mark Zuckerberg the best shot at joining Elon Musk in the 13-digit club — but put his odds at just 32%.
Business News
Apple Is Developing AirPods With Cameras — But They Won’t Take a Single Photo
According to Bloomberg, the cameras will act as eyes for Siri, letting the AI assistant understand the world around you.
Business News
Hundreds of Louisiana Teachers Are Getting $50,000 Bonuses This Year. Here’s Why.
In some cases, the bonuses amount to more than a teacher’s salary for the entire year.
By Sherin Shibu
Business News
Mark Zuckerberg Admits Meta ‘Made Mistakes’ as AI Reshapes 20% of Its Workforce
In a leaked internal memo, the Meta CEO owned up to the chaos caused by May's layoffs, but says there will be no more this year.
Business News
Forget Learning to Code. Meta Just Launched a $115 Million Program to Train Electricians and Plumbers.
The company is starting a “workforce academy” to train workers to build the infrastructure of its data centers.
Business News
US Tech Layoffs Hit a Two-Year High in May. But There’s a Catch: ‘The Labor Market Is Being Reshaped’
AI is the leading reason for job cuts, with 38,242 positions eliminated in May. But the full picture is more complicated than it looks.
Business News
Meta Moves Forward With Its Controversial Plan to Track Employees — But There’s a Way Out
Over 1,500 Meta employees signed a petition opposing the tracking system, which monitors keystrokes and mouse activity.
By Sherin Shibu
Business News
Meta is Reportedly Creating a New AI Wearable. Here’s What It Can Do.
Meta plans to test the device within the next year, according to an internal memo.
By Sherin Shibu
Business News
Sheryl Sandberg Says Your 10‑Year Career Plan Is Outdated — Here Are the 2 Things You Need Instead
Sandberg spoke to Gen Z college graduates at a recent commencement ceremony.
By Sherin Shibu
Business News
Google Is Changing Its Search Bar for the First Time in 25 Years — Here’s What to Expect
The tech giant is making its iconic search bar bigger and more interactive so people can ask longer and more complex questions.
Business News
Meta Thought It Had a $2 Billion Deal for AI Startup Manus — Then China Said No
Beijing ordered the cancellation of Meta's acquisition of Manus over concerns that valuable AI technology could leak to a geopolitical rival.
Business News
For the First Time, Microsoft Is Offering Voluntary Retirement to 7% of Its Workforce — Here’s Why
The tech giant is downsizing while ramping up AI investments as companies claim smaller teams can accomplish more with AI tools.
Thought Leaders
Meta’s CTO Claims He Rarely Feels Stressed Out — Here Are His Top Strategies to Stay That Way
Meta CTO Andrew Bosworth says he only feels stressed out a maximum of five times a year.
By Sherin Shibu
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.
Business News
Mark Zuckerberg Can’t Sit Down and Talk to All 79,000 Meta Employees. So He’s Building an AI Version of Himself.
The AI clone is being trained on his mannerisms, tone and public statements so workers can feel more connected to Meta's CEO.
Business News
Here’s How Much Meta Pays Employees — Including a Role Earning $650,000
One of the most valuable tech companies in the world pays top dollar for its employees.
By Sherin Shibu
Business News
What the Landmark Meta-YouTube Ruling Means for the Next Era of Founder Responsibility
A jury verdict just cracked open the "platform vs. publisher" mantra, and founders should start treating recommendations as a measurable risk surface.
By Neel Somani
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.