Browsing: Tech

Stock Widget The IPO of collaborative design software company Figma FIGMA +250.00% ▲ set Wall Street abuzz after the company’s stock skyrocketed 250% on its debut, briefly valuing the firm at a staggering $60 billion. But while critics claim the…

Stock Widget Microsoft MSFT -0.75% ▼ is laying off 40 Washington-based employees, as the company continues to trim its workforce amid record spending on artificial intelligence. Monday’s layoffs, disclosed in a state filing, are separate from previous announcements of global…

In a tech world long dominated by Apple, Meta CEO Mark Zuckerberg has taken aim at a new target: the iPhone as the center of personal computing. In a memo and earnings commentary timed to perfection, Zuckerberg may have fired…

Zuckerberg, it seems, is pulling every lever possible to accelerate the buildout of his new AI division — Meta’s Superintelligence Labs — in a frantic attempt to catch up with rivals like OpenAI, Google DeepMind, and Anthropic. But the refusal by TML’s team — not one of whom accepted any offer — paints a telling portrait of the current AI climate: money isn’t everything, even when the checks have nine zeros.