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Meta lays off thousands of employees to offset AI investments Read More »
Beijing has ordered the Singapore-via-China agentic AI startup to reverse Meta’s $2bn-plus December acquisition. Manus’s response, on Bloomberg’s reporting, is to raise the capital required to buy itself back out. Manus AI, the Singapore-headquartered agentic-AI start-up at the centre of the Chinese regulatory block on Meta’s $2bn-plus December acquisition, is weighing a fresh capital raise […]
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Manus eyes $1bn raise to buy itself out of Meta acquisition after Chinese block Read More »
Meta Platforms began notifying thousands of employees on Wednesday that they are being laid off, Bloomberg reported, starting with the Asian hub in Singapore, where staff received the email at 4 am local time. European and US-based employees were notified early in their own time zones on the same day. The cuts implement the 10%-workforce-reduction […]
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Meta starts the 10% cut, with the Singapore office getting the 4 am note first Read More »
After January’s blanket ban and March’s $0.0625-per-message fee, Meta has filed a fresh European Commission proposal: free WhatsApp access for OpenAI, Perplexity, and others, up to a usage cap, then a fee. Meta has filed a fresh European Commission proposal that would give rival AI chatbots, including OpenAI’s ChatGPT, Perplexity, Anthropic’s Claude and others, free […]
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Meta offers rival AI chatbots a limited free pass into WhatsApp, on Brussels’ terms Read More »
Meta is building the most expensive single piece of private infrastructure in American history. Hyperion, the company’s AI data centre campus in Richland Parish, Louisiana, now carries a projected cost of more than $200 billion, a figure that has grown steadily since the project was first announced at $10 billion in December 2024. The campus […]
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Chief People Officer Janelle Gale’s Monday memo described ‘smaller teams’ and a ‘flatter’ structure built around new AI groups for agents, apps, and infrastructure. Layoffs are due later this week. The Meta Saga continues with layoffs and “reassigning”. Meta Platforms is reassigning 7,000 workers to new artificial-intelligence-focused jobs as part of a broad corporate restructuring, […]
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Meta moves 7,000 people into AI roles the same week it cuts 10% Read More »
Meta will begin cutting approximately 8,000 jobs on 20 May, the largest single round of layoffs the company has undertaken since its 2023 restructuring, in a move that lays bare the scale of Mark Zuckerberg’s bet that artificial intelligence infrastructure is worth more than the people it replaces. The company is also cancelling 6,000 open […]
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Steven Soderbergh’s “John Lennon: The Last Interview” premiered on Saturday at the 79th Cannes Film Festival. Built around a never-before-released two-hour-and-45-minute radio interview that Lennon and Yoko Ono gave to a San Francisco KFRC radio crew from their home in New York’s Dakota Apartments on December 8, 1980, hours before Lennon was shot and killed, […]
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Snap, YouTube, and TikTok settle suit over harm to students Read More »
Meta brings virtual writing to everyone with Meta Ray-Ban Display glasses Read More »