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Meta, Microsoft look to trim workforces amid heavy AI spending
Meta, Microsoft look to trim workforces amid heavy AI spending

Meta told personnel in an internal memo on Thursday that it planned to cut 10% of workers.

By Kurt Wagner, Brody Ford and BloombergApril 23, 2026
A trader works at the New York Stock Exchange in New York on April 22, 2026.
Stocks retreat from record highs as Tesla weighs on Wall Street and oil jumps on Iran uncertainty
By Stan Choe and The Associated PressApril 23, 2026
altman
OpenAI releases GPT-5.5 amid a shift to rapid-fire AI updates
By Sharon GoldmanApril 23, 2026
ServiceNow CEO Bill McDermott, wearing a casual jacket over a tope shirt and sporting sunglasses, raises his arms in a shrug-like gesture.
Investors continue to punish ServiceNow despite strong earnings and CEO McDermott’s forecast of blistering growth in AI product sales
By Jeremy KahnApril 23, 2026
Tech leaders, Donald Trump, and Melania Trump sit at a table.
Big Tech is spending $226,000 a day on lobbying Congress, advocacy group finds
By Jacqueline MunisApril 23, 2026
jensen huang
Nvidia CEO Jensen Huang says you won’t lose your job to AI—you’ll lose it to your coworker who uses it
By Jake AngeloApril 22, 2026
Latest Stories
President Donald Trump
EconomyPeople living in the U.S. with temporary protected status, targeted by Trump, are a $29 billion economic force
By Tristan BoveApril 23, 2026
Esther, Janet, Susan, and Anne Wojcicki stand in formal dresses and pose.
Success‘Godmother of Silicon Valley’ Esther Wojcicki, mother of the YouTube and 23andMe CEOs, shares her secret to raising future leaders 
By Jacqueline MunisApril 23, 2026
Pope Leo says he carries a photo of a slain Muslim boy in his pocket: ‘I cannot be in favor of war’
PoliticsPope Leo says he carries a photo of a slain Muslim boy in his pocket: ‘I cannot be in favor of war’
By Nicole Winfield and The Associated PressApril 23, 2026
‘It was like this little gift that fell in my lap’: Millions of Americans may soon discover they’ve been Canadian all along
North America‘It was like this little gift that fell in my lap’: Millions of Americans may soon discover they’ve been Canadian all along
By The Associated Press and Sarah RazaApril 23, 2026
trump
EnergyTrump’s strategy for a mined-shut Strait of Hormuz: appease Joe Rogan with psychedelics and weed
By Nick LichtenbergApril 23, 2026
David Ellison smiles
Arts & EntertainmentParamount’s $81 billion Warner Bros mega merger moves closer to becoming a reality as shareholders approve deal
By Wyatte Grantham-Philips and The Associated PressApril 23, 2026
A man walks on a patch of land that is dried and cracked
EnvironmentThe world has entered a ‘global water bankruptcy,’ but markets are mispricing water as drought costs rise to $307 billion annually, analysts warn
By Sasha RogelbergApril 23, 2026
desantis
Workplace Culture‘The disfavored groups, No. 1, obviously, would be white males’: Ron DeSantis is still signing anti-DEI legislation
By Mike Schneider and The Associated PressApril 23, 2026
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Economy
When interest on national debt overtook military spending, it triggered a limit where the U.S. may ‘cease to be a great power,’ warns Hoover historianplaceholder alt text
By Eleanor PringleApril 23, 2026
AI
Cursor’s 25-year-old CEO is a former Google intern who just inked a $60 billion deal with SpaceXplaceholder alt text
By Marco Quiroz-GutierrezApril 22, 2026
Environment
Officials will flush 50,000 toilets to flood a Utah lake in order to generate electricityplaceholder alt text
By Mead Gruver, Dorany Pineda and The Associated PressApril 22, 2026
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