Tech industry
Tech industry

1 hour ago

Tech industry

Meta Superintelligence Labs is quietly building a hardware team

fromwww.npr.org

23 hours ago

What's next for Meta in the wake of trial losses and layoffs?

Meta faces significant challenges with legal rulings and a shift in focus from the Metaverse to artificial intelligence.

Tech industry

Mark Zuckerberg has cut 25,000 jobs at Meta since 2022. Here's what that says about his leadership | Fortune

Layoffs and Lawsuits Collide in Meta's Worst Week Yet

Meta laid off 700 employees while facing legal liability for mental health issues linked to its platforms.

fromFuturism

Tech industry

With the Metaverse Canceled and Zuckerberg Training AI to Run the Company, Meta Is Slashing Its Headcount

fromwww.cnbc.com

Tech industry

Meta's court defeats add to Zuckerberg's recent woes, represent 'watershed event' for social media

1 hour ago

Meta Superintelligence Labs is quietly building a hardware team

Meta is expanding its AI efforts by building a dedicated hardware team and hiring Rui Xu to lead it for AI-powered devices.

fromwww.npr.org

23 hours ago

What's next for Meta in the wake of trial losses and layoffs?

Meta faces significant challenges with legal rulings and a shift in focus from the Metaverse to artificial intelligence.

Mark Zuckerberg has cut 25,000 jobs at Meta since 2022. Here's what that says about his leadership | Fortune

Meta has laid off around 25,000 employees since 2022, with a shift in Zuckerberg's approach from empathy to cold business logic.

Layoffs and Lawsuits Collide in Meta's Worst Week Yet

Meta laid off 700 employees while facing legal liability for mental health issues linked to its platforms.

fromFuturism

With the Metaverse Canceled and Zuckerberg Training AI to Run the Company, Meta Is Slashing Its Headcount

Meta is implementing layoffs as it shifts focus towards AI development and restructuring its workforce.

fromwww.cnbc.com

Meta's court defeats add to Zuckerberg's recent woes, represent 'watershed event' for social media

Meta faces legal challenges over the safety of its platforms for children and mental health impacts, reflecting growing skepticism towards Big Tech.

OpenAI's Fidji Simo Is Taking Medical Leave Amid an Executive Shake-Up

OpenAI undergoes major reorganization with leadership changes due to health issues affecting key executives.

OpenAI's Video AI Platform Sora Was Costing It $1 Million A Day

OpenAI's video app Sora is shutting down after losing $1 million daily and declining from 1 million to under 500,000 users.

Sora's shutdown could be a reality check moment for AI video | TechCrunch

OpenAI is shutting down its Sora app and video models to focus on enterprise tools ahead of a potential IPO.

Why OpenAI killed Sora

OpenAI is discontinuing its video-generation app Sora and refocusing on profitability amid intense competition and investor pressure.

fromWIRED

1 hour ago

OpenAI's Fidji Simo Is Taking Medical Leave Amid an Executive Shake-Up

OpenAI undergoes major reorganization with leadership changes due to health issues affecting key executives.

OpenAI's Video AI Platform Sora Was Costing It $1 Million A Day

OpenAI's video app Sora is shutting down after losing $1 million daily and declining from 1 million to under 500,000 users.

Sora's shutdown could be a reality check moment for AI video | TechCrunch

OpenAI is shutting down its Sora app and video models to focus on enterprise tools ahead of a potential IPO.

Why OpenAI killed Sora

OpenAI is discontinuing its video-generation app Sora and refocusing on profitability amid intense competition and investor pressure.

AI boom drives clash between grid power vs. energy "islands"

On-site power for data centers is increasing, with projections suggesting it could reach 50% of planned capacity.

The latest in data centers, AI, and energy

Massive data centers are essential for AI development but raise concerns about their environmental and community impact.

fromAxios

11 hours ago

AI boom drives clash between grid power vs. energy "islands"

On-site power for data centers is increasing, with projections suggesting it could reach 50% of planned capacity.

The latest in data centers, AI, and energy

Massive data centers are essential for AI development but raise concerns about their environmental and community impact.

Google CEO Sundar Pichai says we're just a decade away from a new normal of extraterrestrial data centers | Fortune

Google plans to build AI data centers in space to harness solar energy more efficiently.

Marvell vs. Broadcom: One Custom Chip Stock Wins. The Other's a Trap

Marvell and Broadcom are key players in the AI semiconductor market, with distinct growth trajectories and financial profiles.

Is The RAM AI-pocalypse Finally Over? Probably Not

Significant stock declines in RAM manufacturers suggest potential instability in the AI sector.

DeepSeek Down for Over Seven Hours Due to Outage

DeepSeek experienced a major outage lasting over seven hours, with unclear causes and subsequent performance issues.

fromComputerworld

HP will cram a 20-billion-parameter AI model into new AI PCs

HP is launching AI features in its Workforce Experience Platform to enhance remote device management and automate tasks on enterprise PCs.

10 hours ago

Google CEO Sundar Pichai says we're just a decade away from a new normal of extraterrestrial data centers | Fortune

Google plans to build AI data centers in space to harness solar energy more efficiently.

Marvell vs. Broadcom: One Custom Chip Stock Wins. The Other's a Trap

Marvell and Broadcom are key players in the AI semiconductor market, with distinct growth trajectories and financial profiles.

Is The RAM AI-pocalypse Finally Over? Probably Not

Significant stock declines in RAM manufacturers suggest potential instability in the AI sector.

DeepSeek Down for Over Seven Hours Due to Outage

DeepSeek experienced a major outage lasting over seven hours, with unclear causes and subsequent performance issues.

fromComputerworld

HP will cram a 20-billion-parameter AI model into new AI PCs

HP is launching AI features in its Workforce Experience Platform to enhance remote device management and automate tasks on enterprise PCs.

Why I Wouldn't Touch Roku Stock Right Now | The Motley Fool

Roku's stock has declined significantly, despite recent revenue growth and profitability, due to structural challenges and high competition in the tech industry.

11 hours ago

Broadcom appoints Alphabet executive as new CFO

Amie Thuener will become Broadcom's CFO on June 12, succeeding Kirsten M. Spears, who will assist during the transition.

fromThe Motley Fool

Nasdaq Correction: Buy 2 Trillion-Dollar AI Stocks With 50% Upside, According to Wall Street | The Motley Fool

The Nasdaq Composite correction presents buying opportunities, with Meta Platforms and Broadcom seen as undervalued AI stocks with significant upside potential.

#oracle

What's driving Oracle's latest job cuts? | Computer Weekly

Oracle is laying off 30,000 employees despite having $533 billion in orders.

Oracle close to finalizing financing for Michigan data center

Oracle is finalizing $16 billion financing for a new Michigan data center to support AI applications, amid complex funding challenges.

fromwww.dw.com

India news: Thousands affected as Oracle cuts jobs reports

Oracle is laying off between 10,000 and 12,000 employees in India as part of a global workforce reduction.

Oracle lays off thousands of employees to fund AI buildout

Oracle's layoffs affected around 10,000 employees, attributed to cost-cutting measures linked to aggressive AI expansion.

Oracle Slashes Thousands of Jobs While Doubling Down on AI Expansion

Oracle is cutting thousands of jobs to address investor concerns over its AI data center spending and overextension in the market.

Recently laid-off Oracle worker says AI is coming for jobs

Oracle laid off thousands of employees, attributing job losses to AI integration in large enterprises.

What's driving Oracle's latest job cuts? | Computer Weekly

Oracle is laying off 30,000 employees despite having $533 billion in orders.

Oracle close to finalizing financing for Michigan data center

Oracle is finalizing $16 billion financing for a new Michigan data center to support AI applications, amid complex funding challenges.

fromwww.dw.com

India news: Thousands affected as Oracle cuts jobs reports

Oracle is laying off between 10,000 and 12,000 employees in India as part of a global workforce reduction.

Oracle lays off thousands of employees to fund AI buildout

Oracle's layoffs affected around 10,000 employees, attributed to cost-cutting measures linked to aggressive AI expansion.

Oracle Slashes Thousands of Jobs While Doubling Down on AI Expansion

Oracle is cutting thousands of jobs to address investor concerns over its AI data center spending and overextension in the market.

Recently laid-off Oracle worker says AI is coming for jobs

Oracle laid off thousands of employees, attributing job losses to AI integration in large enterprises.

From Inbox to Income: W3.io is Building the Digital Rails That Lead Creators to Bitcoin

The creator economy is a $250 billion industry, but creators face significant operational challenges that hinder their earnings potential.

fromWIRED

A New Google-Funded Data Center Will Be Powered by a Massive Gas Plant

A pragmatic 'all-of-the-above' strategy is essential for energy, with gas as a critical bridge while investing in renewables.

Semianalysis CEO: Google's free cash flow will hit zero next year from AI capex

Google's free cash flow is projected to be nearly zero next year due to massive capital expenditures.

Is Amazon CEO Jassy wrong about his custom chips bet?

Amazon's custom silicon strategy is proving successful, with significant revenue growth and cost advantages over Nvidia's GPUs.

Delta picks Amazon Leo for in-flight Wi-Fi starting in 2028

Amazon will provide in-flight Wi-Fi on Delta flights starting in 2028, competing with SpaceX's Starlink.

Is Amazon CEO Jassy wrong about his custom chips bet?

Amazon's custom silicon strategy is proving successful, with significant revenue growth and cost advantages over Nvidia's GPUs.

Delta picks Amazon Leo for in-flight Wi-Fi starting in 2028

Amazon will provide in-flight Wi-Fi on Delta flights starting in 2028, competing with SpaceX's Starlink.

Tech industry

Micron Drops 6% After Citi's Price Target Cut: 3 Reasons Bears and Bulls Are Both Right

Tech industry

Micron Soars 9%: 3 Reasons the Memory Supercycle Is Reasserting Itself After a Rough Week

Tech industry

Had You Invested $1,000 in Micron or Western Digital 10 Years Ago, Here's How Much You'd Have Today

Tech industry

Wall Street Tells Investors Its Less Excited About Micron Stock

Tech industry

Wall Street Sees Plenty of Upside in Micron Despite the Recent Dip

Tech industry

Micron's Future Hinges on 2 Emerging Challenges

Micron Drops 6% After Citi's Price Target Cut: 3 Reasons Bears and Bulls Are Both Right

Micron Technology stock fell 6% due to a price target cut from Citi, highlighting concerns over DDR5 DRAM pricing and TurboQuant technology.

Micron Soars 9%: 3 Reasons the Memory Supercycle Is Reasserting Itself After a Rough Week

Micron Technology shares rebounded 9% after a significant decline, indicating investor reassessment amid ongoing strong demand for memory products.

Had You Invested $1,000 in Micron or Western Digital 10 Years Ago, Here's How Much You'd Have Today

Micron Technology and Western Digital have adapted to AI-driven demand, with Micron focusing on high-bandwidth memory and Western Digital on HDDs.

Wall Street Tells Investors Its Less Excited About Micron Stock

Citi lowered Micron's price target to $425 but maintains a Buy rating, disputing concerns over TurboQuant's impact on memory demand.

Wall Street Sees Plenty of Upside in Micron Despite the Recent Dip

Micron Technology's stock price is significantly lower than the Wall Street consensus price target, indicating potential investment opportunities or risks.

Micron's Future Hinges on 2 Emerging Challenges

Micron Technology reported a 771% earnings surge, but faces long-term challenges from AI efficiency and increased competition from SK Hynix.

more#micron-technology

23 hours ago

Google battles Chinese open weights models with Gemma 4

Google launched new open-weights Gemma models optimized for agentic AI and coding, offering enterprises a domestic alternative to Chinese LLMs.

HP Shares Are Down 31% Over the Past Year Despite a Revenue Beat

HP Inc beat Q1 FY2026 estimates but faces challenges with memory costs and declining PC shipments.

Marvell scales up networking to extend Nvidia AI ecosystem | Computer Weekly

Marvell Technology joins Nvidia AI ecosystem to enhance infrastructure development with a $2bn investment.

22 hours ago

Take-Two Reshuffles Its AI Team: 'It's Truly Disappointing'

Take-Two Interactive laid off its AI team despite CEO's commitment to generative AI in game development.

Jack Dorsey says he wants 6,000 Block employees reporting straight to him

Dorsey outlined a new AI-forward vision for his payments processing company, stating that large language models will switch up the company's org chart. He expressed a desire for a structure where everyone reports to him, aiming for a maximum distance of two to three layers between himself and employees.

Tech industry

DRAM prices surged 90-95%, memory suppliers booked two years out

The selloff in memory and semiconductor stocks is overdone due to strong demand and supply constraints.

Microsoft vs Meta: Both AI Stocks Have Been Hit Hard, But One Is a Better Buy Now

Microsoft focuses on enterprise AI infrastructure while Meta invests heavily in consumer AI and advertising.

Tech industry

Microsoft plans another out-of-band Windows fix

Microsoft Is Down 24% This Year While Spending $30B a Quarter on AI

Microsoft's stock is down 24% year-to-date amid concerns over AI infrastructure spending and a hiring freeze in its cloud unit.

Microsoft vs Meta: Both AI Stocks Have Been Hit Hard, But One Is a Better Buy Now

Microsoft focuses on enterprise AI infrastructure while Meta invests heavily in consumer AI and advertising.

Microsoft plans another out-of-band Windows fix

Microsoft is releasing an out-of-band update to fix installation errors from a problematic preview update.

Microsoft Is Down 24% This Year While Spending $30B a Quarter on AI

Microsoft's stock is down 24% year-to-date amid concerns over AI infrastructure spending and a hiring freeze in its cloud unit.

Tech industry

Nvidia vs Broadcom: Which AI Stock Will Make You More Money

Tech industry

Nvidia CEO: 40% of revenue now from non-cloud customers, not just hyperscalers

Why I'm Staying Cautious on NVIDIA-and the Stocks I Prefer Instead

Nvidia's stock faces potential decline to $140 amid criticism of DLSS 5 technology and increasing competition in the AI chip market.

Tech industry

Nvidia vs Palantir: Which AI Stock is a Long-Term Buy?

Nvidia and Palantir are leading AI beneficiaries, with Nvidia dominating hardware and Palantir excelling in software solutions.

Nvidia vs Broadcom: Which AI Stock Will Make You More Money

Nvidia and Broadcom reported significant AI-driven revenue growth, with Nvidia focusing on GPUs and Broadcom on custom silicon.

Nvidia CEO: 40% of revenue now from non-cloud customers, not just hyperscalers

Nvidia's growth is increasingly driven by enterprise and industrial sectors, not just cloud service providers.

Why I'm Staying Cautious on NVIDIA-and the Stocks I Prefer Instead

Nvidia's stock faces potential decline to $140 amid criticism of DLSS 5 technology and increasing competition in the AI chip market.

Nvidia vs Palantir: Which AI Stock is a Long-Term Buy?

Nvidia and Palantir are leading AI beneficiaries, with Nvidia dominating hardware and Palantir excelling in software solutions.

Do creators still need Adobe in the AI era? | Fortune

Adobe must adapt to AI rapidly while maintaining trust with enterprise customers reliant on its software.

Intel Jumps 8%, AMD Rises 3%: A $14.2 Billion Fab Deal and AI Momentum Lift the Chip Sector

Intel and AMD stocks rise due to company-specific optimism, driven by Intel's $14.2 billion fab deal and AI-related CPU price hikes.

Prices hiked on most Raspberry Pi 4 and 5 variants

Raspberry Pi has introduced a 3 GB variant of the Pi 4 due to rising memory costs affecting pricing across its product range.

Alphabet Climbs 5%: Google's Nine-Minute Bitcoin Warning Is Turning Heads on Wall Street

Alphabet's shares rose 4.83% due to claims about quantum computing's potential to crack Bitcoin's security in nine minutes.

Live Nasdaq Composite: Stocks Look to Finish Strong in Rocky Q1

Investors are optimistic as major stock averages rise despite ongoing Mideast conflict and high oil prices.

The RAM crisis is Apple's best chance in decades to capture the PC market

Apple is well-positioned to leverage the current RAM shortage to enhance its market presence with products like the MacBook Neo.

Memory-makers' shares are down. Don't blame Google

High memory costs are impacting technology sales, but recent price easing and new compression technology may change market dynamics.

Wall Street Thinks Western Digital Stock Price Will Soar Higher This Year

Bernstein's analysis suggests that the recent selloff creates an attractive entry point for investors, emphasizing that TurboQuant should have 'zero impact' on hard disk drive demand and 'negligible impact' on NAND demand.

Tech industry

#meta-platforms

fromThe Motley Fool

Tech industry

Why I Just Bought This Magnificent AI Stock Hand Over Fist | The Motley Fool

Tech industry

Meta Platforms Falls 3%: 3 Reasons the Platform Addiction Ruling Could Be Its Biggest Legal Threat Yet

Tech industry

Meta Platforms Slips as Legal Verdict and AI Spending Concerns Converge: What Investors Need to Know

fromThe Motley Fool

Why I Just Bought This Magnificent AI Stock Hand Over Fist | The Motley Fool

Meta Platforms' stock has dropped 30%, but its AI investments and user growth present strong future monetization opportunities.

Meta Platforms Falls 3%: 3 Reasons the Platform Addiction Ruling Could Be Its Biggest Legal Threat Yet

Meta Platforms faces increased legal risks following a jury verdict linking social media design to addiction, impacting stock performance and industry liability.

Meta Platforms Slips as Legal Verdict and AI Spending Concerns Converge: What Investors Need to Know

Meta Platforms faces significant pressure from a jury verdict, job cuts, and analyst price target reductions, leading to a 3% stock decline.

Airbase Raises $5M to Modernize the Invisible Wireless Infrastructure Powering Trillions in GDP

America's wireless infrastructure faces coordination challenges due to outdated technology, impacting innovation and security.

Nvidia CEO Jensen Huang Never Has One-on-One Meetings With His 60 Direct Reports - Here's Why

Nvidia CEO Jensen Huang avoids one-on-ones with direct reports to ensure equal information access and collaborative problem-solving.

Jensen Huang runs Nvidia with 60 direct reports and no one-on-ones

Jensen Huang prefers group problem-solving over one-on-one meetings, promoting collective engagement and equal access to information among his direct reports.

fromEntrepreneur

Nvidia CEO Jensen Huang Never Has One-on-One Meetings With His 60 Direct Reports - Here's Why

Nvidia CEO Jensen Huang avoids one-on-ones with direct reports to ensure equal information access and collaborative problem-solving.

Jensen Huang runs Nvidia with 60 direct reports and no one-on-ones

Jensen Huang prefers group problem-solving over one-on-one meetings, promoting collective engagement and equal access to information among his direct reports.

Palo Alto Networks CEO Drops $10M on His Own Stock After Saying AI "Expands the Attack Surface Area"

Nikesh Arora, CEO of Palo Alto Networks, purchased 68,085 shares, signaling confidence amid stock decline and AI-related investor concerns.

DXC Australia staff to strike over long-running pay dispute

DXC employees in Australia will strike due to stalled pay negotiations amid rising living costs.

US PC shipments to fall 13% as memory costs surge

US PC shipments are set to fall by 13 percent this year thanks to the ongoing memory and storage crisis, with budget PCs hardest hit. Memory and storage costs will see at least a 60 percent increase during Q1 2026, compounding last year's rises of 40 to 70 percent.

Tech industry

Sony halts memory card shipments due to NAND shortage

A severe shortage of NAND flash, driven by the enormous demand for it to expand AI data centers, makes procurement impossible. Sony is currently unable to fulfill orders for CFexpress Type A, CFexpress Type B, and SDXC/SDHC memory cards.

Tech industry

fromwww.bbc.com

Tech CEOs suddenly love blaming AI for mass job cuts. Why?

Job cuts in Big Tech are increasingly justified by advancements in artificial intelligence, shifting away from traditional explanations like efficiency and over-hiring.

Yahoo CEO Jim Lanzone on 'the white whale of turnarounds' and turning to AI-licensed from Anthropic | Fortune

Yahoo is leveraging AI with Scout to innovate and potentially revive its brand amidst a history of challenges.

fromFuturism

Google Warns That Quantum Armageddon Is Drawing Closer

"Quantum computers will pose a significant threat to current cryptographic standards, and specifically to encryption and digital signatures," Google stated in its announcement.

Tech industry

#elon-musk

Tech industry

Mark Zuckerberg texted Elon Musk to offer help with DOGE | TechCrunch

Mark Zuckerberg offered to 'help' Elon Musk with DOGE in 2025

Elon Musk and Mark Zuckerberg had a friendly exchange in early 2025 regarding government efficiency and potential collaboration on OpenAI.

Tech industry

Mark Zuckerberg texted Elon Musk to offer help with DOGE | TechCrunch

Mark Zuckerberg offered to 'help' Elon Musk with DOGE in 2025

Elon Musk and Mark Zuckerberg had a friendly exchange in early 2025 regarding government efficiency and potential collaboration on OpenAI.

This AI Semi Equipment Maker Has Been Quietly Chewing Up the Competition

Lam Research has outperformed competitors in AI semiconductor equipment with a 321% total return over three years, despite recent stock fluctuations.

Engadget Podcast: Can Microsoft fix Windows 11 by dumping AI?

Microsoft plans to refocus Windows 11 on customization and core features, moving away from heavy Copilot AI integration.

Flaws in government procurement show in HMRC 473m AWS award | Computer Weekly

AWS has secured a £473m contract with HMRC, raising concerns over competition and potential government leverage loss.

Reddit Sentiment on SMCI Collapsed From 82 to 12 in Three Weeks as Legal Crisis Deepens

Super Micro Computer's stock plummeted after federal charges against its co-founder for smuggling Nvidia AI chips to China.

Microsoft lays claim to Crusoe's new 900 MW DC campus

Crusoe plans to add 900 megawatts to its Texas datacenter to support Microsoft's AI initiatives.

Advanced Micro Devices Retreats After a 7% Rally: Can the Linux CIQ Partnership Keep AMD Competitive?

Advanced Micro Devices stock experiences a 2% pullback after a strong rally, influenced by market conditions and a new partnership to enhance AI offerings.

Sandisk Falls 8%, Micron Drops 5%: Are Analysts Right to Stay Bullish on Memory Stocks?

Sandisk and Micron stocks are down significantly despite strong earnings, raising concerns about market perceptions versus analyst optimism.

The 3 big bad news items of new Disney CEO's first week on the job | Fortune

D'Amaro described a world of Disney entertainment that consolidates its vast intellectual property of movies, games, experiences, and more under one roof. However, several of them unraveled entirely.

Tech industry