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.
Good Morning from San Francisco, Meta wrote checks for $300 million. OpenAI researchers said no. Zuckerberg offered packages that make
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.
Explore Intel's robust recovery plan focused on action over rhetoric. Dive into their innovative strategies for a strong corporate comeback.
Intel's new CEO Lip-Bu Tan arrives Tuesday with a stark diagnosis, according to Reuters: the chip giant needs major surgery. The 65-year-old former board member inherits a company that just posted its first annual loss since 1986 - a staggering $19 billion hemorrhage.
Tan's treatment plan targets Intel's middle management bloat, sources told Reuters. He views the company's decision-making process as sclerotic, with too many layers slowing down the once-nimble tech pioneer. Industry expert Dylan Patel put it bluntly: former CEO Pat Gelsinger was "too nice" to make the necessary cuts.
The new chief aims to revitalize Intel's manufacturing arm by aggressively courting chip-making clients like Microsoft and Amazon. He's also pushing to restart Intel's AI chip development - a market the company watched from the sidelines while Nvidia sprinted ahead.
Tan's frustration with Intel's culture runs deep, Reuters reports. He believes the company has lost its famous "only the paranoid survive" edge, established by legendary CEO Andy Grove. Last August, Tan quit Intel's board when it rejected his reform proposals. Now he returns as CEO, armed with full authority to implement those same changes.
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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.
Intel's new CEO wants to abandon a multibillion-dollar chip technology his predecessor championed. The risky pivot to next-gen 14A aims to win back Apple and Nvidia from TSMC—but could cost billions in write-offs. Stakes couldn't be higher.
Cloudflare now blocks AI bots by default and lets publishers charge per scrape. With AI companies taking 17,000+ crawls per referral while Google takes just 14, the internet's biggest traffic handler is reshaping data collection rules.
Apple considers ditching its own AI technology for Siri, eyeing Anthropic's Claude or OpenAI's ChatGPT instead. The potential reversal exposes Apple's struggle in the AI race and internal talent exodus.
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