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Meta tool to track employee mouse clicks on collision course with EU privacy rulesMeta's AI training tool, Model Capability Initiative (MCI), is reportedly capturing extensive U.S. employee computer usage, including non-U...
AI rally: SK Hynix, Micron Technology join trillion-dollar club; Taiwan bourse overtakes India in market valueThe AI boom is fueling a surge in chipmakers like SK Hynix, Samsung, and Micron, pushing them into the $1 trillion market-cap club. This gl...
Meta CEO tells employees he does not expect more company-wide layoffs this yearHe made the announcement on the same day the Facebook owner carried out a far-reaching restructuring of the company, laying off 10% of its ...
Meta lays out details of May 20 restructuring in internal documentMeta is implementing significant workforce changes, laying off 10% of its global employees this week and planning further cuts. These moves...
Tech companies tap debt markets to fund AI and cloud expansionLast month, Alphabet, Amazon, Microsoft and Meta signaled that spending on AI would not slow down, with the tech giants' combined spending ...
Meta challenges UK media regulator over online safety feesMeta, the owner of Facebook and Instagram, is taking legal action against Britain's media regulator, Ofcom. The challenge concerns how fees...
AMD forecasts revenue above expectations on strong AI demand, shares jump 12%Advanced Micro Devices anticipates strong second-quarter revenue driven by high demand for its AI chips. The company's data center segment ...
AMD Stock price jumps big after Advanced Micro Devices earnings call forecast second-quarter revenue above Wall Street expectationsAMD Stock Price: Advanced Micro Devices forecast second-quarter revenue above Wall Street expectations on Tuesday.
Meta’s Q1 headcount rises 1% to 77,986Meta Platforms reported a headcount of 77,986 as of March 31, 2026, a 1% year-on-year increase, despite ongoing workforce recalibration and...
80 seconds of big tech earnings will decide stock market’s fateInvestors await earnings reports from Alphabet, Meta, and Microsoft after trading ends Wednesday. These tech giants' results will guide mar...
How China block of AI deal could stop 'Singapore-washing'China has blocked Meta's acquisition of Singapore-based AI firm Manus, signaling a crackdown on "Singapore-washing." This move, aimed at pr...
Meta to backtrack acquisition of AI firm Manus after China block: reportMeta is reportedly reversing its acquisition of AI startup Manus. China has banned the deal, citing national security. The AI agent was fou...
China orders Meta to unwind $2 billion buy of AI startup ManusChina's top economic planner has blocked Meta's acquisition of AI startup Manus, citing a prohibition on foreign investment in the project....
Meta targets May 20 for first wave of layoffs; additional cuts later in 2026The Facebook and Instagram owner will lay off about 10% of its global workforce, or close to 8,000 employees, in that initial round.
Former OpenAI Stargate leaders plan to join Meta PlatformsThree key players in OpenAI’s massive effort to set up hundreds of billions of dollars’ worth of artificial intelligence data center capaci...
Meta transfers top engineers into new AI tooling teamThe reorganisation comes as Meta plans sweeping layoffs that could eliminate tens of thousands of jobs at the company, as it seeks to offs...
Meta unveils two new Ray-Ban prescription smart glassesMeta Platforms has introduced two new Ray-Ban prescription smart glasses. This move expands their range of AI-powered gadgets. Meta is inve...