Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology industry, ...

In the volatile tech sector, major players like Meta and Microsoft are continuing their strategic workforce reductions, ...

STORY: Tech giants Microsoft and Meta failed to impress the market on Wednesday as both companies delivered glum outlooks.:: ...

Meta has laid off more than 21,000 employees since 2022, and further cuts are expected in the upcoming performance review cycle, with U.S. employees being notified by Feb.10. Microsoft is planning ...

The results were a mixed bag, with Wall Street increasingly skeptical of capital expenditures on artificial intelligence.

Microsoft is creating a new engineering group that’s focused on artificial intelligence. Led by former Meta engineering chief ...

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 ...

While Amazon.com might be happy to see the back of incumbent Lina Khan, her replacement could be mixed news for other big technology companies such as Meta Platforms and Microsoft. President-elect ...

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 ...