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...
03 Jul, 2026, 07.36 AM IST
South Korea's Kospi plunges 8%, extending a two-day slide. What's unsettling the world's hottest market?South Korean stocks experienced a sharp two-day decline, with the KOSPI index plummeting over 10%. This downturn was fueled by concerns ove...
02 Jul, 2026, 12.59 PM IST
ShareChat, India’s Meta rival, plans $400 million IPO next yearSocial media giant ShareChat is gearing up for a potential $400 million IPO next year, marking a significant turnaround after a period of c...
02 Jul, 2026, 07.37 AM IST
US stocks today: S&P 500, Nasdaq edge lower as tech shares slideUS stocks ended slightly lower as weakness in technology and semiconductor shares weighed on sentiment, even as Meta rose after reports of ...
02 Jul, 2026, 01.38 AM IST
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...
02 Jul, 2026, 12.43 AM IST
Centre asks Meta to pause WhatsApp username rollout; seeks reply in three daysIt has directed Meta to furnish a detailed explanation of the feature within three days. The company has been asked not to roll out the fea...
02 Jul, 2026, 12.42 AM IST
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...
01 Jul, 2026, 08.04 PM IST
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...
01 Jul, 2026, 06.54 PM IST
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...
01 Jul, 2026, 08.15 AM IST
Microsoft to cut under 2.5% of workforce in latest layoffs: reportU.S. companies have continued to trim headcount in recent months, with a fresh wave of layoffs across the technology, media and finance s...
01 Jul, 2026, 07.41 AM IST
ET Graphics: Code takes over the cubicles as tech companies toss staff for AI growthSince the beginning of 2026, over 120,000 tech employees have been laid off across more than 200 companies including Meta, Amazon and Oracl...
01 Jul, 2026, 06.00 AM IST
SBI ordered to pay Rs 20 lakh compensation each to sweepers; HC says bread is costlier than bloodEnding a 27-year legal fight, the Orissa High Court ordered a public sector bank to pay Rs 20 lakh each to two daily-wage sweepers. The cou...
29 Jun, 2026, 02.39 PM IST
United Spirits set to cut 100 jobs to curb costs, streamline operationsUnited Spirits is cutting around 100 jobs in India as part of parent Diageo's global cost-saving drive. This significant workforce reductio...
25 Jun, 2026, 11.25 AM IST
Kunal Shah’s WhatsApp win; India bourses insulated from AI boomIn bagging the top job at WhatsApp, Cred’s Kunal Shah has done what no Indian entrepreneur could do. This and more in today’s ETtech Top 5.
23 Jun, 2026, 07.58 PM IST
Oracle layoffs 2026: Tech giant's headcount shrinks by 21,000 amid rapid AI adoptionAI adoption has led to a 13% decline in Oracle's total workforce. The company said in its filing that the workforce adjustments were in res...
23 Jun, 2026, 08.53 AM IST
Meta signs new AI computing deals with data center firm Crusoe: ReportMeta is under contract to buy computing capacity from Crusoe at two data centers, which are located in Childress, Texas, and Warrenton, Mi...
19 Jun, 2026, 02.17 PM IST
BBC Layoffs: Around 2,000 jobs at risk as broadcaster plans 10% cost cuts; Who may lose their jobs and whyBBC Layoff 2026: The BBC is preparing to cut approximately 2,000 jobs, equivalent to around 10% of its workforce costs, as part of a wider ...
15 Jun, 2026, 03.38 PM IST