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In short: Meta will begin companywide layoffs on 20 May, cutting approximately 8,000 employees (10% of its 78,865-person workforce), with additional cuts planned for the second half of 2026. The restructuring, which follows earlier rounds that brought Zuckerberg’s total cuts since 2022 to roughly 25,000, is driven by a reallocation toward AI infrastructure costing $115-135 […]
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The Next Web
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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Cleo employees allege toxic workplace culture: ‘Directionless and deeply unhappy’ Read more ›
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From post-Soviet farming to rewriting the EU's startup rulebook: Meet EU Inc's Iwona Anna Biernat Read more ›
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Chiang Mai, a city in northern Thailand, is attracting retirees from around the world with its low cost of living, safety, and relaxed pace of life. Read more ›
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За пару недель сразу три игрока почти синхронно заявили одно: привычный код-хостинг не выдерживает AI-агентов. Cursor выкатил Origin (Git-совместимый forge под агентов, на базе Graphite), Zed — DeltaDB (версионировать не коммиты, а поток дельт и разговор с агентом), GitLab — Project Switch. Разбираю без хайпа «GitHub умер»: почему commit/PR-модель буксует на параллельных агентах (Натан Собо из Zed: «софт делается между коммитами»), три разные ставки на замену, почему GitHub при этом... Read more ›
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Ariba Mobin, a copywriter and mother of three, was laid off in 2023 and decided never to rely on one stream of income. She now has three side gigs. Read more ›
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Back in the 1980s Ford made just over 1,000 versions of this car and sold them all. One sat in a garage for 30 years before seeing sunlight once again. Read more ›
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Мне передали 5 проектов сопровождения. Продакты хотели их закрыть — «мелко, мало денег». Команду дёргали с основных задач на эти факультативы с непонятной загрузкой, работали по выходным без бонусов. Заказчики ждали доработок месяцами, а получали не то. Систему всерьёз собирались менять.Через 6 месяцев: +234% выручки, команда выросла с 2 до 6 человек на фултайм, планы работ — на год/полтора вперёд, заказчики сами инициируют новые соглашения.Никакой магии. Без переговорных приёмов. Просто... Read more ›
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The Flowtica Scribe looks like an ordinary pen, but it can record conversations, flag important moments, and turn meetings into AI-generated transcripts and action items. Read more ›
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An anonymous reader quotes a report from The Guardian: In May, the federal government announced without warning that it would take apart a network of ocean monitoring systems that it had spent over $350 million to build. No reason was given for the decision to shut down the Ocean Observatories Initiative (OOI), but suspicion immediately focused on the network's role in tracking climate change. But the OOI also provides data... Read more ›
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How often does a digital media startup buy a publishing house? And even if it does, does this tech startup,… Read more ›
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Fresh off its unveiling, we've got the Honor Watch 6, and it's about as easy a recommendation as a wearable could be. The watch 6 ships in either Twilight Brown or Shadow Black (our model), and it normally costs €250/£230 (€20/£20 more for the Brown model), but is €170/£150 for the first month - that's an €80/£80 discount. Gotta love Honor! In the box, you get the watch, a fluororubber... Read more ›
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A geology graduate who was once laughed out of an investor meeting has rebuilt his bootstrapped edtech startup from scratch and has been named a finalist on the UN's AI For Good programme. Read more ›
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Android's new developer verification system is coming to the biggest app stores starting September. Read more ›
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Has Patient Capital Finally Arrived? Sovereign AI is back in the spotlight in India. As global giants tightens AI access… Read more ›
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It’s the largest AI tech equity crowdfund of the financial year and it’s a Perth founder behind it. Read more ›
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The Next Web
Equal AI, an Indian startup that built an AI assistant to answer phone calls on your behalf, has raised $30 million in a Series B led by Prosus Ventures and Tomales Bay Capital. Think Investments and Valiant Fund also participated, alongside individual investors including PhonePe founder Sameer Nigam and Meta’s India and Southeast Asia VP […] This story continues at The Next Web Read more ›
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SpaceX begins trading on Nasdaq today under the ticker SPCX after raising $75 billion in the largest initial public offering ever completed. The previous record holder, Saudi Aramco’s 2019 listing, raised $29.4 billion, making SpaceX’s offering roughly 2.5 times larger. A regulatory filing on Friday confirmed that Japanese investors accounted for $2.2 billion of the […] This story continues at The Next Web Read more ›
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Dreame Technology, a Chinese maker of robotic vacuum cleaners, lawn mowers, and pool cleaners, is considering a Hong Kong initial public offering as soon as next year, according to Bloomberg. The company is working with advisers and could raise several hundred million dollars. The potential listing would add to a surge of Chinese tech companies choosing Hong […] This story continues at The Next Web Read more ›
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Infineon Technologies is preparing to open its largest single investment, a €5 billion semiconductor factory on its Dresden campus, on 2 July. The Smart Power Fab, which received approximately €1 billion in EU Chips Act subsidies, will produce power semiconductors used in AI data centres, electric vehicles, and renewable energy systems. The opening arrives three […] This story continues at The Next Web Read more ›
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Alibaba Group is offering $1.5 billion to acquire Pupu, one of China’s last independent online grocery platforms, according to Bloomberg. The bid is more than double a $600 million proposal from Sun Art Retail, the former Alibaba affiliate now backed by private equity firm DCP Capital. The move comes months after Meituan agreed to pay $717 million for […] This story continues at The Next Web Read more ›
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The chief executives of the three most powerful artificial intelligence companies on Earth are about to sit in the same room as the leaders of the world’s seven largest advanced economies. OpenAI’s Sam Altman, Anthropic’s Dario Amodei, and Google DeepMind’s Demis Hassabis are all slated to attend the G7 summit in Évian-les-Bains, France, which runs […] This story continues at The Next Web Read more ›
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Anthropic built the Claude Fable 5 curbs to keep China’s AI labs out of its most powerful public model. The loudest complaints came from its own side of the firewall. On 9 June, Anthropic released Claude Fable 5, a tamed, public-facing version of Mythos, the model it had withheld since April over its talent for […] This story continues at The Next Web Read more ›
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Britain’s Technology Secretary Liz Kendall has pledged to strengthen efforts to channel institutional investment into UK tech companies. Speaking to Bloomberg TV during London Tech Week, Kendall said the government would pursue legal reforms to how pension funds are run. “I’m sure you’ll see more movement on that very soon,” she said. The interview was recorded before […] This story continues at The Next Web Read more ›
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Google has filed a lawsuit against a suspected Chinese cybercrime operation it calls the Outsider Enterprise, alleging the group sent more than 2.5 million fraudulent text messages to Android users over a two-week period in May. The messages contained links to fake websites designed to steal personal information, and the scammers reportedly used Google’s own […] This story continues at The Next Web Read more ›
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On 11 June, Pleo told finance teams that AI agents would soon free them from administrative work. The next day came the Pleo layoffs: the Danish spend-management fintech had cut around 50 of its own staff, most of them in engineering and data. The product launch came first. Pleo unveiled a suite of “agentic” AI, […] This story continues at The Next Web Read more ›
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19.06.2026 00:22
Last update: 00:11 EDT.
News rating updated: 07:10.
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