Bloomberg Technology
Big Job Cuts Come Ahead of Big Tech Earnings
Microsoft and Meta have announced plans that could reduce their workforces by thousands ahead of releasing their quarterly earnings later this week. Sarah Franklin, CEO of the human resources platform Lattice, says “Tokenmaxxing”, AI use and large job cuts aren’t the right things to focus on to free up capital. She joins Ed Ludlow on…
Bloomberg Technology
Intel Tumbles on PC Outlook, AWS CEO on AI Spending and Growth
Bloomberg’s Ed Ludlow looks at the fall in Intel shares as a bleak outlook exposes the chipmaker’s struggle with a deepening PC slump and difficulty meeting CPU demand. Plus, AWS CEO Matt Garman discusses the cloud giant’s accelerating growth and massive AI buildout. And, Bitcoin tumbles after hackers siphoned off $6.3 billion from Binance in…
Bloomberg Technology
Why Anthropic’s AI Edge Appeals to Long-Term Investors
Anthropic’s technical expertise, innovation and efficient use of compute set it apart in the AI landscape, says Peter Singlehurst, head of the Private Companies Team at Baillie Gifford. Singlehurst discusses why Anthropic’s governance structures – giving its seven founders voting control – are good for long-term investors. He joins Ed Ludlow on “Bloomberg Tech.” ——–…
Bloomberg Technology
Roblox Sees AI Content Surge as Daily Active Users Fall
Roblox CEO David Baszucki says the platform has seen an explosion of AI-fueled content in the last three months. But the online gaming company is seeing some growing pains after rolling out tougher child-safety measures, with daily active users falling 9% last quarter, while bookings dropped 12%. Baszucki joins Ed Ludlow on “Bloomberg Tech.” ——–…
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@city-blue-cat
April 27, 2026 at 4:08 pm
Big tech companies cut a lot people who are not nerds in her team. If these aren’t able to train their people in AI, which kinds of companies can do? Back to be schoolers? 😅
@NathanGWright
April 27, 2026 at 6:09 pm
The spending is creating jobs outside big techs’ organizations. Is the spending creating more jobs in construction, chip manufacturing, energy, etc offsetting jobs within Facebook and others? I do not have the answer but I’ll likely research it on AI.
@LoveYaJSR
April 27, 2026 at 6:48 pm
i think so for sure yea electricians getting highest pay now its time for trades