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 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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@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.