Investing
Meta, Microsoft Cut Jobs as AI Investments Escalate
Meta plans to lay off 10% of its workforce, while Microsoft offers early retirement buyouts, both amid massive AI development spending.
#tech industry 5 articles
Markets
Apple Names John Ternus CEO as Tim Cook Exits After 15 Years
Tim Cook will step down as Apple CEO in September after 15 years, with John Ternus named as his successor. The leadership...
Markets
Apple CEO Tim Cook to Depart in September; John Ternus Appointed
Tim Cook will step down as Apple CEO in September after 15 years, with John Ternus appointed as his replacement, marking a...
Economy
Oracle Cuts Thousands Amid $50 Billion AI Infrastructure Push
Tech giant Oracle has reportedly laid off thousands of employees, including senior engineers and technical specialists, as it significantly ramps up investment...
Economy
Meta’s Future Uncertain Post-Trials, Layoffs
Meta faces an uncertain path after losing two lawsuits and scaling back its Metaverse ambitions. These challenges, alongside layoffs, prompt questions on...