Meta
AI
Meta Plans 20% Layoffs as AI Infrastructure Costs Mount
The Facebook parent is weighing cuts to offset spending on AI acquisitions and compute
Technology
Meta cuts 168 jobs as Reality Labs pivots to 'AI builders'
Virtual reality division restructured into AI-native pods as Zuckerberg doubles down on artificial intelligence
AI
Trump Names Zuckerberg, Huang, Ellison to White House AI Council
13 tech CEOs appointed to PCAST, Musk and Altman absent
News
Meta's $280 Billion Wipeout Sparks 'Tobacco Moment' Questions
Child safety verdicts and AI spending concerns send investors fleeing as analysts wonder if the social media giant has become uninvestable
Geopolitics
Trump's War Has Two Problems Money Can't Fix: No Oil, Fewer Missiles
Four weeks into the Iran conflict, the White House faces twin strategic crises that don't care about its messaging.
Geopolitics
Meta and Google Lose $381M in Child Safety Verdicts
Two juries in three days find social platforms liable for harm to minors
AI
Google Backs Anthropic's $5B Texas Data Center in AI Arms Race
Tech giant offers construction financing for 500MW campus as Claude creator locks in compute capacity advantage over smaller rivals
Geopolitics
ASX 200 Set to Drop 65 Points Monday as Wall Street Tumbles, Oil Hits $112
Energy and gold stocks may provide shelter as Middle East tensions escalate
Geopolitics
The Last Sugar Hit: Why China's $120 Iron Ore Rally Is a Trap
Prices have surged to $120 a tonne on Beijing's latest stimulus, but beneath the headline numbers, the structure of Chinese demand has fundamentally changed.
Geopolitics
Google's Agent Smith AI So Popular It Got Throttled
Agent Smith automates coding tasks and works in the background while employees use their phones. Sergey Brin told staff that AI agents will be a 'big focus' for Google this year.
Geopolitics
David Sacks Out as AI Czar, Joins Billionaire Council
The PayPal Mafia veteran's 130-day stint as Trump's crypto and AI czar is over. He moves to PCAST, an advisory body stacked with Jensen Huang, Mark Zuckerberg, Larry Ellison, and Sergey Brin. He'll advise on policy. He won't make it.
Work
Amazon Confirms 16,000 Corporate Job Cuts in 2026 Workforce Restructuring
E-commerce giant announces largest single layoff of 2026 as part of broader corporate downsizing strategy.