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…
Two leading AI startups are bringing their competition into prime-time advertising as they try to convert consumer buzz into durable revenue. Anthropic is running two commercials during Sunday’s Super Bowl broadcast that take aim at the direction of rival OpenAI, according to The Associated Press. The ads from Anthropic focus on the risks of “manipulative” chatbot behavior by portraying overly…
The Washington Post says it is laying off one-third of its staff across all departments, a move that reaches well beyond the business side and into core news operations. During an all-staff Zoom meeting, executive editor Matt Murray told employees the changes amount to a significant restructuring intended to streamline the organization. Among the most prominent newsroom shifts, the Post…
PayPal said its board has decided to replace CEO Alex Chriss and appoint Enrique Lores, the current chief executive of HP Inc., as the company’s next president and CEO, with the change set to take effect on March 1. Ahead of that start date, Jamie Miller, PayPal’s CFO and COO, is expected to serve as interim CEO. The company also…
President Donald Trump said Friday he will nominate Kevin Warsh to become the next chair of the Federal Reserve, positioning a former central bank official to succeed Jerome Powell when Powell’s term ends in May 2026. The White House decision sets up a high-profile confirmation fight in the Senate and raises questions about how closely the Fed—designed to operate independently…
A fast-moving immigration enforcement surge in Minnesota has become a national flashpoint for the Trump administration, after two fatal encounters involving federal immigration officers intensified protests and sharpened scrutiny of tactics used during operations in and around Minneapolis. The latest case involved Alex Pretti, 37, a U.S. citizen and Veterans Affairs nurse, who was fatally shot during a confrontation with…
Amazon, the U.S.-based e‑commerce and cloud computing leader, has announced a fresh round of workforce cuts that will eliminate approximately 16,000 corporate jobs worldwide. The company confirmed the decision in a message to employees on January 28, 2026, marking the second major layoff cycle within three months. These latest cuts come after a previous round in October 2025, when about…
