Meta's plan to cut about 10% of its workforce is tied to increased AI investment, while leaving the door open to additional layoffs. As AI spending booms, Meta announces 8,000 layoffs while Microsoft ...
Meta posted record profits in the first quarter of 2026. Its revenue hit $56.31 billion, and its net income came in at $26.8 ...
Social media CEOs once again are being called to testify before the Senate in light of mounting legal and public pressure to ...
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