Meta Cuts 1,500 Reality Labs Jobs in Bay Area's First Major Tech Layoff of 2026
Meta announced 1,500 layoffs in its Reality Labs division as the company shifts investment from metaverse development to AI-powered wearables.
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Meta announced 1,500 layoffs in its Reality Labs division as the company shifts investment from metaverse development to AI-powered wearables.
The Supreme Court will hear oral arguments on President Trump's attempt to fire Federal Reserve Governor Lisa Cook, in a case that could fundamentally alter central bank independence.
Goldman Sachs and Morgan Stanley reported record quarterly results with investment banking fees surging over 20%, signaling a major M&A renaissance in 2026.
Walmart becomes one of the first major retailers to integrate with Google's Gemini AI, enabling customers to shop and checkout through conversational AI.
Boeing reaches a tentative agreement with 1,600 white-collar workers at its recently acquired Spirit AeroSystems unit, offering 20% wage increases and improved benefits.
Apple will use Google's Gemini AI models to power its next-generation Siri, in a deal reportedly worth $1 billion annually that reshapes the AI competitive landscape.
President Trump's January 14 executive order imposes 25% tariffs on advanced AI chips including NVIDIA H200 and AMD MI325X, citing national security concerns over semiconductor imports.
Netflix is working on revised terms for its Warner Bros Discovery acquisition, potentially moving to an all-cash offer to speed the deal amid pressure from rival Paramount Skydance.
The Federal Reserve's January 27-28 meeting is expected to produce no rate change, with markets pricing just 16% odds of a cut as policymakers navigate inflation concerns and political pressure.
Despite sweeping tariffs designed to protect American manufacturing, factory employment has declined during Trump's second term. Here's what's happening.
Morgan Stanley has filed to launch ETFs tied to Bitcoin and Solana, marking the first time a top-10 U.S. bank has moved to offer cryptocurrency exchange-traded funds.
U.S. stocks edge higher Friday as investors digest a week of strong bank earnings and semiconductor gains, with markets set to close for Martin Luther King Jr. Day.