Meta Job Cuts Begin Today As Tech Giant Increases Focus On AI
The social media giant's ambitious restructuring plan will affects 5% of Meta's global workforce amid industry-wide changes ...
Microsoft (MSFT) Offloads $22-Billion U.S. Army Headset Program to Startup Anduril
Technology giant Microsoft (MSFT) is transferring its $22-billion-dollar augmented reality headset program with the U.S. Army ...
The list of major companies laying off staff in the new year, including Boeing, Meta, Microsoft, and BP
Companies have continued to cut jobs in 2025 after a wave of layoffs last year. Meta, Microsoft, BlackRock, and Boeing are ...
Microsoft, Meta back big AI spending despite DeepSeek's low costs
Days after Chinese startup DeepSeek's breakthrough low-cost AI computing shook the U.S. technology industry, CEOs of ...
Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world
"Investing 'very heavily' in capital expenditure and infrastructure is going to be a strategic advantage over time," Mark ...
Meta’s Accounting Move on AI Servers to Boost Profit This Year
Meta Platforms Inc. made a small change last month that’s likely to increase the company’s profit by billions of dollars this ...
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Meta is cutting jobs after saying it would target 'low performers.' That label can make things worse for those being laid off.
"Low performers" are in the firing line. Meta began laying people off Monday after saying it would target its lowest performers. Microsoft also sent termination letters last month, telling people ...
Meta, Microsoft downplay DeepSeek threat
Meta CEO Mark Zuckerberg, meanwhile, seemed to downplay the threat posed by DeepSeek, saying that the industry is constantly ...
Microsoft's cloud outlook knocks shares, Meta rises on AI payoff signs
Investors punished Microsoft with a 6% share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud ...
Meta Platforms Vs. Microsoft: The DeepSeek And Agentic AI Showdown
Meta and Microsoft outperformed in Q4 and Q2 earnings but saw diverging market responses. See why META and MSFT stocks are ...