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…
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Hong Kong authorities have imposed major penalties on global accounting…
French prosecutors summoned technology entrepreneur Elon Musk for questioning in…
New applications for unemployment benefits in the United States declined…
U.S. wholesale inflation accelerated in March as a surge in…
Restrictions on Image Generation for Non‑Paying Users Elon Musk’s artificial intelligence chatbot Grok, integrated into the social media platform X (formerly Twitter), has begun limiting its image generation and editing capabilities to paid subscribers following widespread criticism over its misuse. The restrictions, announced by X, mean that non‑paying users attempting to generate or alter images now receive a message indicating…
A comprehensive report released by Microsoft on Thursday, January 8, 2026, reveals a significant shift in the global landscape of artificial intelligence. Researchers from the AI for Good Lab indicate that while generative artificial intelligence tools reached a global adoption rate of 16.3% in the final quarter of 2025, the gap between advanced and emerging economies continues to widen. This…
Warner Bros. Discovery said Wednesday that it has again rejected a hostile takeover proposal from Paramount and is urging shareholders to back a rival agreement with Netflix to purchase Warner’s studio and streaming assets. Warner said its board views Paramount’s proposal as effectively a leveraged buyout, warning that the offer would rely on substantial debt and includes operating restrictions that…
Shares of major U.S. energy companies rose Monday after President Donald Trump said the United States plans to take control of Venezuela’s oil industry and rely on American companies to help restore production following the capture of President Nicolás Maduro. The market response lifted a broad range of oil-linked stocks, with investors focusing on whether policy could eventually open access…
The 2026 Consumer Electronics Show is set to begin January 6 in Las Vegas, drawing major technology companies, startups, and industry leaders from around the world to display cutting-edge innovations and emerging products. The annual event, produced by the Consumer Technology Association (CTA), transforms the Las Vegas Convention Center and surrounding venues into a showcase for advancements that technology firms…
Tesla said it delivered 1.64 million vehicles in 2025, a 9% decline from the prior year, and the drop was enough to end its run as the world’s best-selling maker of battery-electric vehicles. Chinese rival BYD reported 2.26 million electric-vehicle sales in the same period, moving ahead of Tesla in the global EV tally. The shift is notable given how…