Meta May Lay Off 20% of Staff, Report Says
Meta Platforms is planning layoffs that could affect 20% or more of the company, Reuters reported Friday. The cuts would offset high costs of artificial intelligence spending and prepare for efficienc...
Vivid Seats Cuts Costs as Net Losses Mount
Ticket reseller Vivid Seats’ debt sank after the company reported its fourth quarter and full year 2025 results Thursday (March 12), Bloomberg reported Friday (March 13).
The earnings ...
Elon Musk’s xAI Hires Senior Thinking Machines Lab Staffer
xAI is hiring a senior staffer from Thinking Machines Lab to work on training its Grok models, according to a person with direct knowledge of the move, as Elon Musk says the AI company is “being reb...
Target Accelerates Growth Plan With Price Cuts
Target will begin lowering prices on 3,000 items this month in its latest move to support the company’s long-term, sustainable growth.
The price reductions will generally be between 5% a...