Bloomberg Technology
Microsoft Layoffs Continue With Another 9,000 Cuts
Microsoft is cutting around 9,000 jobs in a second major wave of layoffs for the year. Bloomberg’s Brody Ford discusses the plan with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed…
Bloomberg Technology
Rocket Explosion Deals Blow to Blue Origin’s Space Ambitions
Blue Origin’s New Glenn rocket exploded in a massive fireball while undergoing a test on a Florida launchpad Thursday evening, dealing a major setback to the Jeff Bezos-backed firm in its efforts to challenge a dominant SpaceX. Blue Origin and Amazon founder Jeff Bezos said it was too early to determine the cause of the…
Bloomberg Technology
SpaceX Lowers IPO Valuation Target | Bloomberg Tech 5/29/2026
Bloomberg’s Tim Stenovec breaks down why SpaceX is coming back down to Earth with a slightly lower valuation in its IPO. Plus, Anthropic closes a funding round at a whopping $965 billion valuation, surpassing OpenAI for the first time in the AI race; and Dell surges after the hardware giant’s outlook far surpassed Wall Street…
Bloomberg Technology
Anthropic Valuation of $965 Billion Passes OpenAI
Anthropic raised $65 billion in a funding round that valued the AI company at $965 billion including the new investment, eclipsing rival OpenAI’s value for the first time. Bloomberg’s AI reporter Shirin Ghaffary joins Tim Stenovec on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes…
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@bubbles1978
July 2, 2025 at 3:51 pm
They need money to invest on AI
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@Ssss-d8s7g
July 2, 2025 at 4:09 pm
they’re only cutting on managers that’s ok, less managing and more real work
@pigeon-fd5zq
July 2, 2025 at 4:21 pm
End of coding audience should not be fool by the layoff YouTube channel of how to code
@geraldjunior4235
July 2, 2025 at 4:22 pm
Flat Rate
@ivermektin6874
July 2, 2025 at 4:48 pm
AI isn’t replacing these jobs. These jobs were never needed to begin with. These trillion-dollar corps are run more like the civil service and are about as efficient. To quote Office Space “what would you say ya do here?”
@Marksman3434
July 2, 2025 at 5:24 pm
Imagine being the world’s most valuable company, raking in over $88 BILLION USD in NET INCOME in 2024, which was also a 21% INCREASE over the previous year, and still pulling this utterly shameless move. Just unbelievable. Who then would ever want to work at these massive corporations if producing even successful products (like Hifi Rush and the Forza games) doesn’t guarantee one keeping their job? Even worse, create a studio and dedicate over 5 years into a game, only to then have the studio be shut down completely and the entire project cancelled with less than a year left before the intended release (as it’s being reported to have happened with The Initiative and their Perfect Dark reboot). Video game industry workers needs to unionize, and more laws should be put in place to protect workers in general from such unjust and utterly baffling practices. It’s absurd that companies are allowed to carry out massive layoffs when they’re actually doing well when they should be seen as a last-resort option to keep them afloat. And then some wonder why more and more people are getting fed up with capitalism?
@Clark_Kent_ZA
July 2, 2025 at 5:27 pm
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@conspiracystacker
July 2, 2025 at 5:30 pm
Bravo!
@blubblubee
July 2, 2025 at 6:11 pm
agreed. too many binbows at Michaelsoft
@srrfffpppp
July 2, 2025 at 6:29 pm
“But 500000… One million. Fine, sir. Sorry to have disturbed you.”
@uspolitics
July 2, 2025 at 7:43 pm
Jobs are save in Europe, where the law protects the employees
@matt.stevick
July 2, 2025 at 8:00 pm
nadella got himself a nvida digital twin of “the bobs” with part of that $80 billion capx. 📈🇺🇸
@Jay-d9e8m
July 2, 2025 at 8:40 pm
Unfortunately this is the beginning of a more layoffs and more companies going bankrupt A.I will destroy the middle class.