The list of major US companies laying off staff in the new year, including Meta, Microsoft, and BlackRock
Microsoft is planning job cuts in the new year. Layoffs and other workforce reductions are continuing in 2025, following…
Biden signs executive order to accelerate AI infrastructure build-out in the US
President Joe Biden in the Oval Office. President Joe Biden has signed an executive order to accelerate the scale-up…
Southwest Airlines is pressing pause on hiring and staff rallies to cut costs
Southwest Airlines is making cost cuts. Southwest Airlines is pausing corporate hiring to cut costs, a company spokesperson confirmed…
JPMorgan’s No. 2 plans to depart. What this means for the race to succeed Jamie Dimon as CEO.
Daniel Pinto, long the JPMorgan Chase executive who would stand in for Jamie Dimon as CEO in an emergency,…
MSNBC president Rashida Jones has stepped down. Read the memo to staff detailing the leadership change.
Rashida Jones. MSNBC president Rashida Jones has stepped down, she wrote in a memo to staff distributed Tuesday and…
Meta CEO Mark Zuckerberg says the company will be cutting low-performers ‘faster’ as a way to ‘raise the bar’
Mark Zuckerberg told staff he “decided to raise the bar on performance management.” Meta is planning to make performance-based…
Stock market today: Indexes tick higher as producer inflation comes in cool
US stocks gained after cooler-than-expected producer price index data soothed inflation concerns. The numbers on Tuesday showed wholesale inflation…
LA fires could leave a ‘staggering’ $275 billion of damage in their wake, one estimate now says. And it could get worse.
A brush fire near Auto Center Drive in Ventura County has sprung up. A new wildfire has broken out…
Nvidia’s CEO says we’re in the age of ‘agentic’ AI — here’s what that word means
Big Tech is working on agentic AI, or AI agents capable of autonomously taking action on behalf of human…
Exclusive: VC firm IVP has hired Atlassian’s top sales boss as it builds out its brain trust
Kevin Egan is the newest venture partner at IVP. IVP, a 45-year-old venture capital firm that’s backed Slack, Coinbase,…