Over 92,000 tech layoffs in just 5 months of 2026: AI replacing jobs faster than expected as Meta, Microsoft, Amazon job cuts trigger fear in USTech layoffs 2026: Over 92,000 tech jobs vanished by May 2026, with April seeing the worst layoffs in two years. US tech giants like Meta, ...
Cloudflare shares plunge 18% after earnings report as AI-driven layoffs rattle investorsCloudflare's stock dropped 18% after reporting strong Q1 2026 earnings, as the company announced plans to cut over 1,100 jobs, about 20% of...
Nvidia stocks: Why is NVDA share price down even as AI giant paid several billion dollars investment in in Corning?Nvidia CEO Jensen Huang said the AI chip supplier has made "a multi-billion-dollar prepayment" that was not disclosed when it announced an ...
The global markets are an AI story…or are they?The narrative that markets need an AI story is outdated. Leadership has shifted from Big Tech to broader markets and old-economy sectors, e...
Meta’s top tech boss Andrew Bosworth says he only feels stress 4–5 times a year, and it happens when he…Meta CTO Andrew Bosworth has said he experiences genuine stress only around “four or five times a year,” describing it not as a constant pr...
Anthropic looking to hire talent to drive Europe expansion: ReportAI firm Anthropic is actively seeking a senior executive in London to secure significant data centre capacity across Europe. This strategic...
From OpenAI to Nvidia, tech firms channel billions into AI infrastructure as demand boomsTech giants are making massive investments in artificial intelligence. CoreWeave and Meta have expanded their cloud capacity agreement to $...
Why Meta stock is rallying after Muse Spark launch? Here's what investors need to know about Meta's new AI modelMuse Spark AI model impact on Meta stock: Meta Platforms shares surged following the unveiling of its new AI model, Muse Spark. The company...
Dow Jones, S&P 500, Nasdaq gain as Trump signals possible end to Iran conflict: Intel, Eli Lilly, Alphabet, Meta, lead rally today and oil prices fall – here's how US stock market starts AprilDow Jones, S&P 500, Nasdaq today April 1: Stocks surged on Wednesday, led by major tech companies, as optimism grew regarding a potential e...
Why Meta stock is rising after reports say hundreds will lose jobs across key divisions - here's which teams are impacted and what Meta plans to do nextMeta stock price today: Meta is reducing its workforce by several hundred employees across various departments. This move comes as the comp...
NBIS stock today rallies after Meta signs $27 billion AI infrastructure partnership with Nebius - here's what investors need to knowNBIS stock today: Nebius shares surged premarket after announcing a significant five-year agreement with Meta for AI infrastructure, potent...
AMD stock today soars 10% after Meta’s AI chip deal – will this partnership challenge Nvidia’s dominance?AMD stock price today: Advanced Micro Devices stock saw a significant jump following a major partnership with Meta. Meta will deploy up to ...
Meta signs deal to pay Corning up to $6 billion for fiber-optic cables: ReportFacebook parent Meta Platforms has signed a deal to pay Gorilla Glass maker Corning up to $6 billion for fiber-optic cables for its AI dat...
Who is Dina Powell McCormick? Meta’s new President has deep Washington tiesDina Powell McCormick: Meta has appointed Dina Powell McCormick as its new president and vice chairman, a move signaling a strong focus on ...
Meta Connect 2025: Hypernova smart glasses, gesture-control wristband and moreMeta Platforms is set to reveal Hypernova smart glasses with a display and a gesture-control wristband at its annual Connect conference. Pr...
US senators write to Meta chief Mark Zuckerberg after report on Instagram algorithmEarlier this month, CNBC reported that Instagram's recommendation algorithms have been connecting and promoting accounts that facilitate an...
Some sacked Meta workers didn't get severance as promised by CEO ZuckerbergIn one of the worst lay-offs ever in the tech industry, Mark Zuckerberg sacked more than 11,000 employees - about 13 per cent of the global...