Manus, the Chinese AI startup blocked from selling to Meta, has raised over $500 million from domestic investors. Led by…
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Meta Sued Over AI That Flagged Workers on Medical Leave for Layoffs
Meta faces a federal lawsuit filed Monday in Oakland alleging its AI-driven layoff process unfairly targeted workers on protected medical,…
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Meta Stock Trades 22% Below Fair Value Amid EU Teen Ban Proposal
Meta shares slipped 0.2% to $664.64 on Tuesday as European regulators prepared a proposal barring anyone under 15 from social…
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Meta Layoff Ends a 13-Year Engineer’s Unlikely Rise From DJ Booth
A Meta engineer’s 13-year journey from spinning records to writing code just ended in the company’s latest round of layoffs.…
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Meta Slashes 8,000 Jobs While Shifting 7,000 Staff to Build AI
Meta is cutting 8,000 employees and reallocating another 7,000 into artificial intelligence roles in a brutal efficiency play that reshapes…
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Meta Faces Billions in Fines as EU Declares Facebook and Instagram Deliberately Addictive
The European Commission has accused Meta of violating the Digital Services Act by designing Facebook and Instagram with features that…
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Meta Cuts 14,000 Jobs to Fund a $135 Billion Bet on AI
Meta, the Menlo Park-based parent company of Facebook, Instagram, and WhatsApp, is cutting approximately 10% of its workforce, eliminating 8,000…
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Meta Slashed 8,000 Jobs to Fund Its AI Bet, and Middle Managers Paid the Heaviest Price
Meta's aggressive AI investment push has triggered 8,000 layoffs, with 4,665 cuts concentrated in California and Washington state. Middle managers…
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EU Forces Meta to Reopen WhatsApp to Rival AI Chatbots Under Threat of Massive Fines
The European Commission on June 9 ordered Meta to restore WhatsApp access for rival AI chatbot developers, including ChatGPT and…
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Meta Cuts 10% of Its Workforce as AI Investment Forces Out Thousands of Workers
Meta announced on April 23 plans to lay off approximately 8,000 employees — 10% of its global workforce — as…
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