TikTok: 75 jobs cut
TikTok is cutting roughly 550 jobs in 2026, including about 250 positions tied to the closure of its Nashville office on October 5, part of a broader restructuring that also puts up to 300 Dublin role…
TikTok is cutting roughly 550 jobs in 2026, including about 250 positions tied to the closure of its Nashville office on October 5, part of a broader restructuring that also puts up to 300 Dublin role…
US data-center construction spending hit $45.1 billion per month by December 2025, an 85% jump from two years prior, driven by AI compute demand. Amazon Web Services, Microsoft, Google, Meta, and Orac…
A Pew Research Center survey found that for the first time since 2021, a majority of U.S. adults under 30 are more concerned than excited about AI, signaling a potential challenge for companies bettin…
A Pew Research Center survey of 3,488 U.S. adults conducted June 22-28, 2026, found that 55% of adults under 30 are more concerned than excited about artificial intelligence, up from 39% in 2024, and …
Pennsylvania Gov. Josh Shapiro signed Executive Order 2026-05 on Tuesday, imposing new restrictions on large AI data centers with peak electricity demand above 25 megawatts, including removal from the…
S&P downgraded Oracle's credit rating from BBB to BBB-, citing OpenAI as a key credit risk within Oracle's $638 billion backlog and projecting a $42 billion free cash flow deficit for fiscal 2027. Mea…
Energy Transfer LP will reroute its Green Chile Project natural gas pipeline across federal land after New Mexico Land Commissioner Stephanie Garcia Richard rejected the state route twice, delaying th…
Crusoe, a privately held AI data center developer and power provider with contracts from OpenAI, Oracle, Microsoft, and GE Vernova, is in IPO talks with Bank of America, Goldman Sachs, Morgan Stanley,…
Oracle has withdrawn its legal challenge to Wisconsin utility rules that could require the company to provide more than $100 million a year in financial guarantees for electricity infrastructure for i…
A Lloyds Bank Business Barometer survey of 1,200 UK businesses found that a quarter are hiring for AI skills and one in five are creating AI-specific roles, with 58% planning to increase spending on A…
Runtime governance, not model safety, is the control that matters for AI agents because violations play out across sequences of actions, not single outputs, according to an analysis citing Oracle's OC…
OpenAI President Greg Brockman warned in a Sunday blog post that organizations must rapidly upgrade cybersecurity practices as frontier AI models gain the ability to discover software flaws and build …
Nvidia has hired Monica Gille, former North America sales VP at Hewlett Packard Enterprise (HPE), as VP of global partnerships and channels, effective August 17. Gille, who spent over 25 years at HPE,…
Wall Street's record-breaking earnings season, with U.S. annual profit growth hitting 50% at midyear and capital expenditure heading north of $1 trillion, masks persistent investor anxiety over the AI…
PLSQL Insight, a private, evidence-grounded application for understanding Oracle PL/SQL, has been released as a React 19 edition. The application, built by a developer, integrates FastAPI, LangGraph, …
Arm Holdings' market capitalization surpassed $300 billion in May 2026, peaking at $317 billion on May 21 before settling around $298 billion by mid-August, boosting its acquisition potential in the A…
A Wall Street Journal analysis found that nine major technology companies hold approximately $3 trillion in off-balance-sheet commitments tied to artificial intelligence infrastructure, roughly five t…
Layoff fears are pushing some visa holders out of Big Tech, with workers like Vinit Juneja, an F-1 STEM OPT visa holder, leaving Amazon for Applied Materials, and Ayush Raj Jha, an H-1B visa holder, l…
Amazon, Alphabet, Meta, Microsoft, and Oracle have issued roughly $194 billion in bonds by early July 2026, surpassing their $108 billion total for all of 2025, squeezing the same capital pool that fu…
AI will persist and fundamentally reshape work and society despite widespread criticism, according to a Register column. Forrester predicts AI will eliminate 10.4 million U.S. jobs by 2030, and a Pew …