Meta is reportedly laying off up to 20 percent of its staff
According to Reuters, Meta is looking to offset spending on AI and data centers with a massive round of layoffs. Sources familiar with the matter say …
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Meta reportedly considering layoffs that could affect 20% of the company
These layoffs could help Facebook's parent company offset its aggressive spending on AI infrastructure, as well as AI-related acquisitions and hiring.
Instagram is getting rid of end-to-end encrypted DMs that ‘very few’ people used
Instagram will no longer support end-to-end encrypted messages starting May 8th. In a statement to The Verge, Meta spokesperson Dina El-Kassaby Luce s…
The biggest AI stories of the year (so far)
The AI industry is constantly churning out news, like major acquisitions, indie developer successes, public outcry, and existentially dangerous contra…
The $32B acquisition that one VC is calling the ‘Deal of the Decade’
According to Index Ventures Partner Shardul Shah, cybersecurity startup Wiz sits “at the center of three tailwinds: AI, cloud, and security spend.” Th…