Bloomberg Technology
Meta Could Cut 20% of Jobs, Reuters Says
Meta Platforms Inc. is planning layoffs that could affect 20% or more of the company according to Reuters. That would work out to about 15,000 jobs. Kurt Wagner reports. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here: …
Bloomberg Technology
Intel’s Big Raise, Apple’s iPhone Roadmap | Bloomberg Tech 8/11/2026
Bloomberg’s Ed Ludlow breaks down Intel’s upsized $20 billion share sale, raising a third more than it was targeting when it announced the deal on Monday. Plus, sources tell Bloomberg that Apple’s glass-centric iPhone overhaul is still on track for 2027, even after an analyst’s report said it had been cancelled. And, drone startup Neros…
Bloomberg Technology
RUM Group’s $3 Billion AI Opportunity
RUM Group posted record quarterly revenue as its push into AI infrastructure begins to show up in results following its acquisition of Northern Data. CEO Chris Pavlovski joins Bloomberg to discuss the company’s Quake AI business, its push to monetize more than 250 megawatts of power capacity and what he calls a $3 billion annual…
Bloomberg Technology
Sequoia Bets on Neros for American Drone Future (Correct)
Drone startup Neros has raised $250 million in a round co-led by Sequoia that triples its valuation to $2.5 billion as it expands beyond strike drones into autonomous systems and drone interceptors. CEO Soren Monroe-Anderson and Sequoia partner Shaun Maguire join Bloomberg to discuss plans to ramp up drone production, the race to build a…
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@KevinMora-k8s
March 16, 2026 at 1:24 pm
LOL Meta is such a great place to work lol
@khemirichiheb9729
March 16, 2026 at 2:45 pm
In 2 years mark Zuckerberg will operate meta alone in his parents basement like the Harvard old days
@makedredd299
March 16, 2026 at 3:47 pm
You put lipstick on a Meta, it’s still a Facebook. 💋 🐷
@Gamergirl56861
March 16, 2026 at 9:20 pm
Meta always lies. That means it’s gonna be about 25 to 30% cut and they always cut the wrong people every layoff. It’s the high performers in the nice people who were gone and they overpaid useless assholes keep their job.