In the volatile tech sector, major players like Meta and Microsoft are continuing their strategic workforce reductions, ...
Microsoft is creating a new engineering group that’s focused on artificial intelligence. Led by former Meta engineering chief ...
Microsoft appointed Jay Parikh, a former Meta executive in charge of infrastructure, as its executive vice president for the ...
The list of major companies laying off staff in the new year, including CNN, Meta, Microsoft, and BP
While the reasons for slimming staff vary, the cost-cutting measures are coming amid a backdrop of technological change ... capabilities," the company said. Meta is cutting 5% of its workforce.
Hedge fund billionaires Stephen Mandel and Louis Bacon sold shares of Microsoft and bought shares of Meta Platforms in the third quarter. Microsoft's artificial intelligence business is on pace to ...
Stephen Mandel of Lone Pine Capital sold 364,426 shares of Microsoft, reducing his position by 18%. He also bought 496,900 shares of Meta Platforms, increasing his position by 36%. Meta Platforms ...
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