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As Meta prepares to lay off ~10% of its staff on May 20, sources say
As Meta prepares to lay off ~10% of its staff on May 20, sources say morale is low, and Meta forcibly moved 1,000+ engineers to an AI unit to build GenAI models
Next week, Meta is cutting about 10 percent of its staff. WIRED spoke with more than a dozen current and former employees …

TechReuters · 17m ago
The UK CMA launches antitrust investigation into Microsoft's business
Britain launched an antitrust investigation into Microsoft's (MSFT.O) dominance in business software that could lead to targeted action …
TechWall Street Journal · 38m ago
SMIC reports Q1 revenue up 11.5% YoY
It sees scope for momentum to pick up in the second quarter — SMIC, China's biggest chip foundry, reported weaker …
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