Nvidia and Meta lead tech recovery on Wall Street
Tech stocks surged, pushing the S&P 500 and Nasdaq higher, even as US-China trade negotiations remained stalled....
Tag : Meta
U.S. jobless claims rise to 242,000, highest level in three months
U.S. jobless claims climbed to 242,000 last week, hitting a three-month high as layoffs increase in both corporate and government sectors. The labor market remains...
Meta job cuts hit thousands as AI investments reshape workforce
Meta is laying off 3,600 employees, or 5% of its workforce, as it continues restructuring in 2025. The layoffs, focused on “low performers,” impact multiple...
Amazon plans $100 billion AI investment to stay ahead in tech race
Amazon is set to invest $100 billion in AI for 2025, surpassing last year’s $83 billion spend, as CEO Andy Jassy calls it a "once-in-a-lifetime"...
Nvidia shares rise as Alphabet boosts AI investments for 2025
Nvidia stock climbed 4% as Alphabet’s $75B capex plan reassured investors that AI spending remains strong despite concerns over China’s DeepSeek AI model....
Business leaders donate millions to Trump’s inaugural committee
Business leaders and major corporations donate millions to President-elect Donald Trump’s inaugural committee, aiming to secure influence and access as his administration plans economic policy...
Tech leaders say AI’s impact on employment will be overwhelmingly positive
AI will generate millions of jobs by 2025 while automating repetitive work, enabling industries like healthcare and finance to innovate and focus on creativity, experts...
Meta faces major setback as EU court limits data use for ads
Meta must limit the use of personal data for targeted ads after the EU's top court ruled in favor of privacy activist Max Schrems, marking...
Ray-Ban Meta glasses to get new AI features and exclusive frame design
Ray-Ban | Meta glasses are receiving new AI features such as real-time speech translation, memory assistance, and expanded partnerships with Spotify, Amazon Music, Audible, and...
Historic EU decision sets precedent for global AI regulation
EU Parliament's historic decision paves the way for global AI regulation, setting comprehensive governance rules....