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Microsoft shares fall over 1% after company announces to layoff 4,800Microsoft announced significant job cuts affecting approximately 4,800 employees globally. The Xbox gaming division will experience the dee...- Microsoft joins AI-driven tech layoff wave with 4,800 job cutsMicrosoft is cutting approximately 4,800 jobs, representing 2.1% of its workforce. This move follows a wave of tech layoffs and significant...
- Meta's next model 'Watermelon' matches GPT-5.5 performance: ReportAccording to the report, Watermelon is still in training and is expected to succeed Meta's previous frontier AI model, codenamed Avocado, w...
- IT slide meets Q1 earnings; Sebi greenlights Rentomojo IPOA sharp fall in IT stocks has put the sector under pressure ahead of the June-quarter earnings season. This and more in today's ETtech Top ...
- WhatsApp turns admin, puts fee on business chats powered by AI modelsBeginning October 1, AI conversations on WhatsApp powered by third-party models could cost businesses nearly twice as much as those handled...
- Cred’s angels, institutional investors score big in Meta dealThe sale is part of Meta’s $900 million investment in Cred, which valued the Kunal Shah-founded company at about $4 billion. The transactio...
- PE-VCs push structural reboot; Cred backers’ Meta gainsHappy Friday! India’s PE-VC lobby is seeking a structural overhaul to woo foreign capital and fund managers. This and more in today’s ETtec...
- Meta's Mark Zuckerberg says AI agent tech progressing slower than expectedZuckerberg and other Meta executives have been seeking to moderate some of the organizational changes introduced earlier this year, witho...
- Meta introduces token-based pricing for WhatsApp BusinessMeta's shift to token-based pricing signals a new phase in enterprise messaging, with businesses paying for AI usage instead of message vol...
- A coastal city in the south is quietly powering India's AI futureVisakhapatnam is emerging as India's next AI infrastructure hub, attracting massive investments from tech giants like Google and Reliance. ...
- Inside Meta's Cloud Push: The strategy driving Wall Street optimismMeta's shares surged as the tech giant reportedly explores a cloud computing venture, aiming to monetize its vast AI infrastructure. This s...
- Microsoft partners with Singapore's Lightstorm to build India-Southeast Asia undersea cableThe consortium, whose other members include Tata Communications, Singapore Telecommunications, Singapore's ASEAN Cableship and Japan's NE...
- Days after Meta sent 4 AM layoff emails to 8,000 employees, CEO Mark Zuckerberg says fears of AI job losses are overstated and more jobs could be created if...Meta CEO Mark Zuckerberg believes artificial intelligence won't necessarily lead to mass job losses. He has argued that companies can choos...
- Meta names Alex Schultz first chief data officerMeta is reshuffling its leadership to bolster its AI and data strategy. Alex Schultz, previously Chief Marketing Officer, is now the compan...
- Meta stock: Why are Facebook, Instagram, WhatsApp shares are rising today at U. S Stock Market?Meta has poured hundreds of billions of dollars into data centers and AI chips.
- US Stocks: Meta building cloud business to sell AI computing, says report; shares riseMeta Platforms is reportedly exploring a move into the cloud computing business, aiming to lease out its surplus AI computing power. This s...
- Meta building cloud business to sell excess AI capacity, Bloomberg News reportsMeta Platforms is reportedly exploring a move into the cloud computing business, aiming to lease out its surplus AI computing power. This s...
- Fear and anger brew inside Meta amid AI frenzyA frenzied push for artificial intelligence dominance comes with a different kind of cost for Meta, where massive layoffs, employee surveil...
- Mind Games: Talent wars heat up as AI startups take on Big TechA fierce talent war is raging in the AI sector, with tech giants like Google facing significant researcher departures to rivals OpenAI and ...
- Meta to pause internal mouse-tracking tech while examining data security issuesThe company's announcement follows revelations that sensitive employee data, intended to monitor digital interactions within Meta's inter...
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