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THE TRUTH ABOUT: 44 | History Defined

Michael Burry Takes a Break from Warning on Hyperscalers to Buy Microsoft Stock, Signaling Shares Are Too Cheap to Ignore

Burry’s Microsoft purchase sits alongside newly initiated positions in PayPal and planned positions in Salesforce and MSCI, all of which share a common thread: established companies with deep competitive moats trading at significant discounts to recent highs.

Barchart

Meta executive says he gets stressed only five times a year and that it’s actually ‘a useful signal’

Meta chief technology officer Andrew Bosworth says being busy with important matters on the table is his stress “trigger”: He calms down with exercise and deep breathing.

Fortune

Gen Alpha can't write emails to grandma without ChatGPT. It's time for a 'Digital Harm Tax'

I nearly lost my own life to social media. Phone bans and lawsuits aren't enough.

Fortune

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Risk of ‘significant upheaval’ in jobs market, Irish premier warns

It comes as Meta said it plans to cut around 10% of its global workforce.

Evening Standard

‘Superhighways for child sexual abuse’: California lawmakers seek tougher rules for big tech

Online exploitation ‘inflicting profound trauma on a staggering number of children’, Democrats say

The Guardian - US

You probably wouldn’t notice if an AI chatbot slipped ads into its responses

Hundreds of millions of people consult artificial intelligence chatbots on a daily basis for everything from product recommendations to romance, making them a tempting audience to target with potentially below-the-radar advertising. Indeed, our research suggests AI chatbots could easily be used for covert advertising to manipulate their human users.

The Conversation

First Thing: Microsoft and Meta cut thousands of staff as they bet big on AI

Meta to lay off 10% of its staff and Microsoft to offer retirement to 7% of US workforce. Plus, Iron Maiden at 50

The Guardian - UK

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As Meta Platforms Preps to Lay Off 10% of Its Staff, Should You Buy, Sell, or Hold META Stock?

Meta’s layoffs reflect efficiency, not distress, but expensive AI bets and pricing leave limited margin for error.

Barchart

Tech Job Cuts Rise Across Industry: List of Companies Shifting Investment Toward AI

Tech companies, including Meta, are announcing mass layoffs to focus on AI investments, impacting over 73,000 workers this year. The shift reflects growing confidence in AI's capabilities.

International Business Times UK

Meta gives parents a way to see what their teens are asking its AI

Meta now lets parents see the topics teens discuss with its AI, offering more visibility without full chats.

Android Central

Tech giants Meta and Microsoft to cut thousands of jobs

Facebook and Instagram owner Meta said it plans to cut around or 10% of its workforce

The Independent UK

Thousands of jobs to be cut at tech giants Meta and Microsoft

Facebook and Instagram owner Meta said it plans to cut around 8,000 jobs, or 10% of its workforce, to help boost efficiency.

Evening Standard

Meta and Microsoft have joined the tech layoff tsunami. Is AI really to blame?

Meta and Microsoft are the latest software companies to announce big cuts to their global workforce. Both companies are also making big investments in artificial intelligence (AI).

The Conversation

Parents can now see what kids are asking Meta AI after $375m lawsuit

IN FULL

The Independent UK

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International Business Times UK

Overview Of Meta Layoffs And Job Cuts: How Bad It Is Now Especially For Women As Company To Slash 10% Of Workforce In Favour Of AI

Meta plans to cut 8,000 jobs, about 10% of its workforce, to offset AI-related costs. The restructuring affects roles in recruitment and operations, with a focus on AI engineering.

Euronews

Meta axes 8,000 jobs to fund AI spending spree, Microsoft to follow suit

Two of the world's biggest tech companies are shrinking their headcounts — Meta through layoffs, Microsoft through buyouts — as the AI spending race heats up.

Android Central

Meta Quest just got closer to being a proper TV replacement

The new DIRECTV app brings live and on-demand TV content to Meta Quest devices.

International Business Times UK

Meta To Cut 8,000 Jobs, Freeze Hiring Amid AI Push — What Workers Get In Severance

Meta Platforms plans to cut 8,000 jobs and freeze hiring for 6,000 roles, aiming for structural efficiency amid its AI expansion. Severance packages and future layoffs are also detailed.

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news in one place.

100's of premium titles.
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The Independent UK

Meta now allows parents to see what their kids are discussing with its AI

Parents will be able to see the topics and sub-topics — like lifestyle, entertainment, and mental health — that their children are discussing with AI

The Independent UK

Meta set to lay off 10% of its workforce in restructuring to ‘offset other investments’

IN FULL

The Guardian - US

Microsoft and Meta announce large staff reductions as they spend big on AI

Meta said it would cut 10% of it employees while Microsoft will offer voluntary retirement to about 7% of workers

The Independent UK

Meta cuts nearly 8,000 jobs as it tells workers it’s looking to be more efficient

The tech giant said around 10 percent of its workers will be laid off on May 20

Tom’s Guide

'We’re doing this as part of our continued effort to run the company more efficiently': Meta announces layoffs of 10% of workforce amid massive AI push

Meta’s reported 8,000 job cuts may be about more than layoffs. Here’s why the company could be betting on AI to boost productivity by 2027.

TechRadar

The dark side of AI —shocking report reveals 11 planned AI data centers connected to OpenAI, Meta and Microsoft could produce more greenhouse gases than Morocco

New AI data centers could emit more greenhouse gases than an entire nation.

Axios

Meta to lay off 8,000 as part of AI efficiency push

The cuts come as Meta looks to offset rising AI infrastructure costs.

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