Meta Weighs Widespread Layoffs as AI Spending Grows
0:46
Meta is reportedly planning layoffs that could impact at least 20% of its workforce as the tech giant looks to offset AI spending.
Related Videos
In Top Headlines
-
Play video OpenAI Venture in Talks to Buy AI Services Firms
OpenAI Venture in Talks to Buy AI Services Firms
OpenAI may be moving from selling artificial intelligence tools to buying the people who can make them work inside large companies.
0:46
-
Play video PayPal Targets $1.5B in Cuts as Checkout Slows
PayPal Targets $1.5B in Cuts as Checkout Slows
PayPal’s latest quarter outlines a broad operational reset centered on AI, checkout improvements and cost discipline.
0:46
-
Play video US Bank Intros Stablecoin and Touts Successful X-Border Transaction
US Bank Intros Stablecoin and Touts Successful X-Border Transaction
U.S. Bank has debuted its own stablecoin, and said it had used the dollar-backed USBDC for a cross-border payment.
1:25
-
Play video Citi Debuts Platform to Bring AI Agents to Banking Work
Citi Debuts Platform to Bring AI Agents to Banking Work
Citi has debuted the Arc platform to let it launch AI agents throughout the company for “research, synthesis, preparation, and execution.”
1:09
-
Play video World Bank Pushes to Expand Emerging Market Digital Payments
World Bank Pushes to Expand Emerging Market Digital Payments
Mastercard and Visa have joined a new World Bank initiative to promote digital payments in emerging markets.
1:25
-
Play video Big Banks Push Regulators to Cement Looser Oversight Rules
Big Banks Push Regulators to Cement Looser Oversight Rules
Wall Street banks are reportedly lobbying the Federal Reserve to solidify regulations to prevent rules from being tightened in the future.
1:25
