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'Won't Rule Out Further Job Cuts': Meta CEO Says Higher Capex Behind Layoffs
Meta intends to lay off about 10 per cent of its workforce on May 20, with additional cuts planned for the second half of the year.
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Meta To Lay Off 8,000 Employees Amid Heavy Investment In AI: Report
Meta will lay off about 8,000 employees and leave thousands of other positions next month, a source told AFP.
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Meta To Lay Off Around 8,000 Employees By Next Month: Report
The Facebook and Instagram owner will lay off about 10% of its global workforce, or close to 8,000 employees, in that initial round, one of the sources said.
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Can't Reach The Boss? Meta Staff May Soon Be Able To "Speak" With AI Version Of Mark Zuckerberg
Instead of relying solely on traditional channels like emails or company-wide meetings, employees may soon be able to "speak" directly with a digital version of Zuckerberg.
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Inside Miami's "Billionaire Bunker" Where Tech Titans Are Buying Homes
Located in Biscayne Bay near Miami Beach, Indian Creek is not a typical luxury neighbourhood. The man-made barrier island spans roughly 300 acres and contains just 41 residential properties.
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'Return of Xbox', No 'AI Slop' and Console Focus: Who Is Asha Sharma, Microsoft Gaming's New CEO?
Microsoft announced a leadership shake-up at Xbox on Friday and confirmed that Xbox chief Phil Spencer was retiring effective immediately. Spencer has been replaced by Microsoft insider and AI executive Asha Sharma as the EVP and CEO of Microsoft Gaming. Here's everything to know about the new Xbox chief.
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AI Gives Clinicians Time To Care, Stress On Trust And Readiness: Global Leaders
AI is not about replacing clinicians; it is about giving time back to them, time to think, time to connect and time to care, according to industry leaders.
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"Is Instagram Addictive?" Mark Zuckerberg Grilled In Unprecedented Social Media Trial
Mark Zuckerberg and opposing lawyers dueled in a Los Angeles courtroom on Wednesday, where the Meta CEO answered questions about young people's use of Instagram.
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Elon Musk, Mark Zuckerberg Guests At "Wild" Jeffrey Epstein Dinner: See Photo Inside
The image, which Epstein emailed to himself in August 2015, shows the Meta CEO seated next to the Tesla Chief.
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Apple Losing AI Researchers to Rivals, but Siri Chatbot Plans Remain on Track: Report
Apple’s artificial intelligence (AI) projects have so far sparked a tepid response from users and investors. Despite announcing AI as a key venture during its latest earnings call, CEO Tim Cook did not specify any monetisation plans, leading to a weak stock market reaction. Now, a new report reveals that the Cupertino-based tech giant might have ...
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Yann LeCun Sets Up Advanced Machine Intelligence AI Startup After Announcing Departure From Meta
Yann LeCun has confirmed that his new startup is called Advanced Machine Intelligence. The former Meta chief AI scientist will serve as executive chairman, with Nabla co-founder Alex LeBrun as CEO. AMI will focus on world models and has also announced a research partnership with Nabla.
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Mark Zuckerberg's 387-Foot Yacht Sparks Climate Backlash: "Net Zero Is For Poor"
A viral video of Mark Zuckerberg's new 387-foot superyacht has sparked online backlash, with critics accusing the Meta CEO of climate hypocrisy.
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Meta Acquires AI Wearables Startup Limitless, Could Expand Its Hardware Offerings
Meta has acquired AI wearables startup Limitless, known for its Pendant device that continuously records audio to help users retrieve information. CEO Dan Siroker said the deal will help scale the technology and accelerate product development while aligning with Meta’s vision for “personal superintelligence.” Limitless will stop selling new P...
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Nvidia CEO Jensen Huang Says Company Managers Using Less AI Are Insane: Report
Nvidia CEO Jensen Huang questioned managers discouraging AI use, urging employees to automate all possible tasks, stating they would still have work. This approach aligns with similar initiatives at Microsoft, Meta, Google, and Amazon to incorporate AI usage into performance expectations. Huang also addressed "AI bubble" concerns following the comp...
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Instagram Tests New Feature That Lets Users Customise Their Reels Algorithm
Instagram is testing a new “Your Algorithm” feature that lets users personalise their feeds by adding or removing topics of interest, starting with Reels and later expanding to Explore. Announced by CEO Adam Mosseri, the tool summarises user engagement patterns and allows further topic adjustments via an Add+ option. The update aims to give use...
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'Won't Rule Out Further Job Cuts': Meta CEO Says Higher Capex Behind Layoffs
Meta intends to lay off about 10 per cent of its workforce on May 20, with additional cuts planned for the second half of the year.
-
Meta To Lay Off 8,000 Employees Amid Heavy Investment In AI: Report
Meta will lay off about 8,000 employees and leave thousands of other positions next month, a source told AFP.
-
Meta To Lay Off Around 8,000 Employees By Next Month: Report
The Facebook and Instagram owner will lay off about 10% of its global workforce, or close to 8,000 employees, in that initial round, one of the sources said.
-
Can't Reach The Boss? Meta Staff May Soon Be Able To "Speak" With AI Version Of Mark Zuckerberg
Instead of relying solely on traditional channels like emails or company-wide meetings, employees may soon be able to "speak" directly with a digital version of Zuckerberg.
-
Inside Miami's "Billionaire Bunker" Where Tech Titans Are Buying Homes
Located in Biscayne Bay near Miami Beach, Indian Creek is not a typical luxury neighbourhood. The man-made barrier island spans roughly 300 acres and contains just 41 residential properties.
-
'Return of Xbox', No 'AI Slop' and Console Focus: Who Is Asha Sharma, Microsoft Gaming's New CEO?
Microsoft announced a leadership shake-up at Xbox on Friday and confirmed that Xbox chief Phil Spencer was retiring effective immediately. Spencer has been replaced by Microsoft insider and AI executive Asha Sharma as the EVP and CEO of Microsoft Gaming. Here's everything to know about the new Xbox chief.
-
AI Gives Clinicians Time To Care, Stress On Trust And Readiness: Global Leaders
AI is not about replacing clinicians; it is about giving time back to them, time to think, time to connect and time to care, according to industry leaders.
-
"Is Instagram Addictive?" Mark Zuckerberg Grilled In Unprecedented Social Media Trial
Mark Zuckerberg and opposing lawyers dueled in a Los Angeles courtroom on Wednesday, where the Meta CEO answered questions about young people's use of Instagram.
-
Elon Musk, Mark Zuckerberg Guests At "Wild" Jeffrey Epstein Dinner: See Photo Inside
The image, which Epstein emailed to himself in August 2015, shows the Meta CEO seated next to the Tesla Chief.
-
Apple Losing AI Researchers to Rivals, but Siri Chatbot Plans Remain on Track: Report
Apple’s artificial intelligence (AI) projects have so far sparked a tepid response from users and investors. Despite announcing AI as a key venture during its latest earnings call, CEO Tim Cook did not specify any monetisation plans, leading to a weak stock market reaction. Now, a new report reveals that the Cupertino-based tech giant might have ...
-
Yann LeCun Sets Up Advanced Machine Intelligence AI Startup After Announcing Departure From Meta
Yann LeCun has confirmed that his new startup is called Advanced Machine Intelligence. The former Meta chief AI scientist will serve as executive chairman, with Nabla co-founder Alex LeBrun as CEO. AMI will focus on world models and has also announced a research partnership with Nabla.
-
Mark Zuckerberg's 387-Foot Yacht Sparks Climate Backlash: "Net Zero Is For Poor"
A viral video of Mark Zuckerberg's new 387-foot superyacht has sparked online backlash, with critics accusing the Meta CEO of climate hypocrisy.
-
Meta Acquires AI Wearables Startup Limitless, Could Expand Its Hardware Offerings
Meta has acquired AI wearables startup Limitless, known for its Pendant device that continuously records audio to help users retrieve information. CEO Dan Siroker said the deal will help scale the technology and accelerate product development while aligning with Meta’s vision for “personal superintelligence.” Limitless will stop selling new P...
-
Nvidia CEO Jensen Huang Says Company Managers Using Less AI Are Insane: Report
Nvidia CEO Jensen Huang questioned managers discouraging AI use, urging employees to automate all possible tasks, stating they would still have work. This approach aligns with similar initiatives at Microsoft, Meta, Google, and Amazon to incorporate AI usage into performance expectations. Huang also addressed "AI bubble" concerns following the comp...
-
Instagram Tests New Feature That Lets Users Customise Their Reels Algorithm
Instagram is testing a new “Your Algorithm” feature that lets users personalise their feeds by adding or removing topics of interest, starting with Reels and later expanding to Explore. Announced by CEO Adam Mosseri, the tool summarises user engagement patterns and allows further topic adjustments via an Add+ option. The update aims to give use...
