Meta

Meta to lay off 8,000 employees amid surge in AI spending

Meta has announced it will lay off approximately 8,000 employees, about 10% of its global workforce, as part of a broader restructuring driven by its expanding focus on AI

EU hits Apple and Meta with nearly $800 million in fines amid Trump tariff tensions

The European Union has fined Apple and Meta a combined €700 million ($797 million) for breaching the bloc’s Digital Markets Act.

Chinese AI startup DeepSeek outperforms OpenAI and Meta, stuns tech world

A Chinese AI company that rivals ChatGPT, is gaining attention in Silicon Valley with its rapid rise, nearly outperforming leading American AI companies like OpenAI and Meta.
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Samsung secures more than $200 billion Broadcom AI chip deal through 2030

Samsung Electronics has signed a memorandum of understanding (MOU) with U.S. chip designer Broadcom to expand their strategic partnership, with the collaboration expected to exceed $200 billion through 2030.
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