Latest News, Updates & Breaking Headlines
Meta has confirmed it will not repeat last year’s company-wide performance purge, assuring employees that the bottom 5% cull is not an annual initiative. This comes after recent layoffs in its Reality Labs division, which has incurred significant losses. The company is now shifting its focus and investment towards AI research. Meta has told employees…
Amazon engineers are pushing back against a company policy favoring its AI coding assistant, Kiro, over superior third-party tools like Claude Code. Around 1,500 engineers have formally backed Claude Code, citing productivity concerns and questioning how sales teams can promote AWS Bedrock while restricted from using its offerings. This internal dissent highlights a growing demand…
Days after OpenAI CEO Sam Atlman criticised Anthropic’s Super Bowl ads targeting ChatGPT, the Claude-maker’s commercial chief has issued a rebuttal, escalating the public ‘war of words’ between two of the world’s leading AI companies. Responding to the criticism, Anthropic’s chief commercial officer Gary Smith defended the company’s “unconflicted” business model. The dispute centres on…
Almost 1,000 Google employees have signed an open letter demanding that the company cut ties with the US Department of Homeland Security due to the Donald Trump administration. The petition cites Google contracts with Immigration and Customs Enforcement (ICE) and Customs and Border Protection CBP), and alleges that the company’s technology is being used to…
Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already incurred significant debt for AI data centers, with its stock value plummeting. US banks are hesitant to finance Oracle’s projects, forcing the company to seek upfront customer payments and consider selling its Cerner unit. Oracle…
Shares of Microsoft fell sharply in after-market trading on January 28, despite the company beating earnings expectations for its second quarter. The company’s stock dropped by more than 6% as investors focused less on the earnings beat and more on concerns around the company’s cloud business, Azure. According to a Business Insider report, analysts raised…
Oracle is reportedly facing problems in pursuing its employees to move to its newest office in Nashville. Despite reported promises of tens of thousands of dollars in relocation incentives as well as offering a futuristic design and an in-house Nobu restaurant, the staff is refusing to move to the ‘world HQ’ that company founder Larry…
The court has restrained NHAI from encashing insurance surety bonds and bank guarantees furnished by the contractor NEW DELHI: Citizenry cannot be deprived of a well-constructed highway to ensure smooth and free movement of vehicles, Delhi high court has said, allowing NHAI to take steps to terminate the contract with Pune-based Roadways Solutions India Infra…
Meta’s new structure reveals tension between Mark Zuckerberg and Alexandr Wang, the $14 billion AI recruit. Wang finds Zuckerberg’s micromanagement stifling, while staff question his leadership for Meta’s AI ambitions. A recent strategy clash highlighted differing priorities, with Wang pushing for cutting-edge AI over immediate product integration. Meta’s newest reporting structure is exposing something leadership…
Meta is reportedly planning significant job cuts, around 10%, within its Reality Labs division, responsible for VR products like Meta Quest. This strategic shift prioritizes artificial intelligence development, potentially impacting CEO Mark Zuckerberg’s long-term metaverse vision. Investors have expressed concerns over substantial VR spending with slower-than-expected consumer adoption. Facebook-parent Meta is planning to cut 10%…
