Meta said Thursday it would cut about 8,000 jobs, or roughly 10% of its workforce, as the company pushes further into artificial intelligence spending while trying to improve efficiency. The company said the reductions are meant to free up resources for new investments in other parts of the business. Bloomberg also reported that Meta plans to leave about 6,000 positions…
On September 4, 2025, U.S. immigration authorities carried out what officials described as the largest single-site enforcement action in the history of the Department of Homeland Security. The operation targeted a massive Hyundai–LG joint venture battery plant under construction in Ellabell, Georgia, a site central to the United States’ push to expand domestic electric vehicle (EV) supply chains. Authorities detained…
The board of Tesla Inc. has unveiled an unprecedented compensation package for CEO Elon Musk, potentially worth close to $1 trillion, provided the company achieves a series of highly ambitious targets over the next decade. The plan, filed with U.S. regulators this week, reflects both Tesla’s reliance on Musk’s leadership and its aggressive vision for growth. Tesla Board Outlines Record…
President Donald Trump hosted a high-profile dinner with technology leaders in the newly renovated Rose Garden of the White House on September 4, 2025. The event was scheduled shortly after the latest updates from the administration on its artificial intelligence policy framework, signaling the symbolic role of Silicon Valley leaders in shaping future national strategies. By holding the dinner in…
A federal judge, Amit P. Mehta, delivered a significant decision in September 2025 that reshapes the competitive environment of the online search market. In a 226-page opinion, the U.S. District Court found that Google violated antitrust law by using exclusive contracts to secure its dominance in search distribution across devices and platforms. These agreements, which involved companies such as Apple…
Kraft Heinz, the multinational food conglomerate formed in 2015 through the merger of Kraft Foods and H.J. Heinz, announced that it will separate into two independent publicly traded companies. The move ends one of the most high-profile consumer goods mergers of the past decade, which was originally backed by 3G Capital and Warren Buffett’s Berkshire Hathaway. The first company, tentatively…
This summer, foreign visitation to the United States remained significantly depressed, with industry sources warning that the decline shows little sign of abating beyond the season. Cities such as Buffalo, Las Vegas, and Los Angeles have reported persistent downturns, largely attributed to political tensions, tariff enforcement, and restrictive immigration practices under the Trump administration. Analysts foresee the persistent decline extending…
