Meta reallocates 7,000 employees into AI teams amid major layoffs
Meta shifts thousands of workers into four new AI-focused units while reducing its workforce by roughly 8,000 in a broad restructuring effort.
Latest news
Corporate Power
Defense & Security
US Treasury Sanctions Gaza Flotilla Activists Over Alleged Hamas Links Without Evidence
The US Department of the Treasury sanctioned four activists linked to a Gaza-bound humanitarian flotilla, alleging Hamas ties in claims widely dismissed as baseless by the activists.
AI & Tech Regulation
Appeals Court Shows Split Over Pentagon’s National Security Claims Against AI Firm Anthropic
Judges on a key appeals court panel appeared divided over the Pentagon’s designation of AI company Anthropic as a national security risk amid ongoing legal challenges.
Defense & Security
Cuban Leader Warns of Severe Consequences if U.S. Launches Military Action
Cuba’s president cautioned that any U.S. military intervention would cause a devastating bloodbath and destabilize the region, while affirming Cuba’s right to self-defense.
Crypto & Fintech
Bitcoin Miners Expand into AI Infrastructure Amid Growing Energy and Data Center Demands
Bitcoin miners are leveraging their extensive power capacity and data center assets to become key players in AI infrastructure, responding to power bottlenecks and shifting market dynamics.
Trade & Tariffs
Putin’s Visit to China Highlights Growing Russia-China Strategic Partnership
Russian President Vladimir Putin’s visit to China marks a deepening alliance with Xi Jinping amid global tensions, sanctions, and regional security concerns.
Trade & Tariffs
Ghana Mobilizes Government Support to Boost BPO and GBS Sector, Targeting 100,000 Jobs
Ghana’s Business Process Outsourcing and Global Business Services industries seek stronger government collaboration to expand and create significant employment opportunities for youth.
Defense & Security
Trump’s DOJ Establishes Fund to Compensate January 6 Convicts Amid Controversy
The Department of Justice under Trump created a fund aimed at providing reparations to January 6 rioters, sparking debate over its legitimacy and purpose.
Crypto & Fintech
Ondo Finance Surges Amid Crypto Bear Market on Tokenized Stocks Approval Prospects
Ondo Finance’s token rose sharply as the SEC’s plan to permit trading of tokenized stocks boosts investor confidence and platform adoption despite broader market weakness.
Crypto & Fintech
Senator Warren Challenges OCC Over Approval of Crypto Trust Charters Potentially Exceeding Legal Scope
Senator Elizabeth Warren accuses the OCC of approving crypto trust charters that may violate banking laws and requests detailed records on approvals and communications linked to Trump.