Microsoft cuts 9,000 jobs including 200 at Candy Crush maker King, marking the fourth Xbox layoff round in 18 months. Despite record gaming engagement, the $69 billion Activision deal pressures studios to prove profitability over creativity.
Meta offered AI researchers $300 million packages to join its new lab. Every single person said no. The rejections reveal how top talent values mission over money in the race to build artificial intelligence.
๐ช๐บ Europe's AI Regulation Timeline: The State of Play - From Madrid to Malta: Who's Ready to Police AI?
Europe's AI Regulatory Sprint
Spain and Malta lead the pack in preparing for the EU's AI Act enforcement starting August 2025, with their regulatory bodies already conducting preliminary investigations and ready for implementation.
Silicon Valley's biggest tech companies spent months lobbying for a 10-year ban on state AI regulation. The Senate voted 99-1 to kill it. Meta, Microsoft, and venture capital firms learned that money can't buy everything in Washington.
Trump killed Canada's tech tax with one threat. After he canceled trade talks Friday, Canada dropped its $3B digital levy on Google, Meta, and Amazon by Sunday night. The quick surrender shows how economic leverage trumps sovereignty.
Senate Republicans quietly added a tax on future solar and wind projects while ending EV credits by September. Even Elon Musk calls it "insane" as tech companies need clean power for AI data centers.
Germany demands Apple and Google remove Chinese AI app DeepSeek from their stores, claiming it illegally ships user data to China. The move reflects growing global tensions over AI privacy and data sovereignty.