Meta is preparing to unwind its approximately $2 billion acquisition of the agentic AI startup Manus after China’s National Development and Reform Commission formally ordered the deal’s cancellation on Monday, the Wall Street Journal reported, citing p…
Overview’s satellites will collect sunlight continuously in geosynchronous orbit and beam it as near-infrared light to existing ground solar installations, which convert it to electricity. The approach extends solar farm output through the night withou…
The NDRC’s Office of the Working Mechanism for Foreign Investment Security Review issued a formal cancellation order on Monday, four months after the deal was announced. Manus co-founders Xiao Hong and Ji Yichao have been barred from leaving China sinc…
Summary: Meta signed a multibillion-dollar, multi-year deal to deploy tens of millions of Amazon’s Graviton5 ARM CPU cores in AWS data centres for agentic AI workloads. The chips are general-purpose processors, not AI accelerators, handling the CPU-int…
Summary: Meta and Microsoft announced workforce reductions on the same day, April 23, affecting up to 23,000 positions combined. Meta is cutting 8,000 jobs (10% of staff) and cancelling 6,000 open roles effective May 20, while Microsoft launched its fi…
Instagram is testing a new dedicated app that’s focused around Snapchat-like photo sharing features. The app, called “Instants,” was launched in Italy and Spain yesterday, Business Insider reports, and allows users to send each other disappearing photos that are available for 24 hours and can be viewed only once during that window. The app is […]
Summary: Meta is cutting approximately 8,000 employees (10% of its workforce) beginning 20 May, cancelling 6,000 open roles, and planning additional cuts for H2 2026. The layoffs, announced via an internal memo from HR head Janelle Gale, are structural…