Latest reports, ordered by publication time.
Amazon told employees it plans to eliminate 16,000 jobs globally in a second major wave of cuts. The announcement followed an apparent leak involving a draft message that referenced the reductions and was mistakenly sent or previewed to some staff.
Amazon said it will cut 16,000 jobs, expanding a restructuring effort that began with earlier layoffs in October. Executives framed the move as an attempt to reduce management layers, speed decision-making, and streamline operations, while signaling that the company will continue hiring in strategic areas.
Amazon is cutting 16,000 roles worldwide in another major restructuring step, following a large reduction announced just three months earlier. Company leadership said the change is aimed at reducing layers, increasing ownership, and removing bureaucracy, while continuing to invest in strategic priorities. The announcement follows reports of internal confusion after a draft message about the cuts circulated to employees. The move adds to a broader pattern in tech: even as firms spend heavily on AI infrastructure, many are also trimming headcount and reorganizing to move faster and protect margins.
Micron says it has started construction on a new advanced wafer fabrication facility in Singapore as part of a long-term investment plan focused on meeting demand for NAND technology fueled by AI and data-centric computing. The company set an initial production target for the second half of 2028 and described major capacity, sustainability and workforce plans tied to the project.
TikTok reached a settlement just as a major youth-addiction lawsuit was set to begin, leaving Meta and Google to face trial in Los Angeles. The case aims to hold platforms accountable for design choices that allegedly maximize engagement at the expense of children’s mental health, potentially testing limits of Section 230 protections.
A new wave of AI-driven forecasting tools is aiming to accelerate weather prediction by replacing parts of traditional physics-based modeling with neural networks. Nvidia’s Earth-2 effort, presented around the American Meteorological Society meeting, underscores the stakes: faster forecasts, more scenarios, and potentially wider access for governments, researchers and disaster-response planners.
Micron is expanding its Singapore manufacturing footprint with an advanced wafer fabrication facility and a roughly $24 billion, 10-year investment plan, aiming to meet AI-driven demand for memory and storage and to strengthen supply resilience.
European regulators launched a formal probe into X, focusing on whether the platform met its Digital Services Act obligations after Grok generated nonconsensual sexual deepfakes and other illegal content risks.
With major tech earnings arriving, investors are looking for a clear answer to a key question: will the biggest platforms keep accelerating AI infrastructure spending or begin to slow down? Nvidia’s shares edged higher as markets focused on signals from cloud and social giants about capacity, budgets, and long-term demand for AI chips and data centers.
Nvidia said it is investing $2 billion in CoreWeave as the companies expand a partnership aimed at scaling AI data-center capacity. The plan targets more than 5 gigawatts of “AI factories” by 2030 and deepens platform alignment across compute, storage and CPUs.
TikTok says it has finalized a deal to form a new American entity designed to keep the app operating in the U.S. under stricter safeguards for data, algorithms, and content moderation. The agreement brings in major investors and reduces ByteDance’s stake while preserving the same user-facing app.
Nvidia expanded its relationship with CoreWeave and invested $2 billion in the AI cloud provider, underscoring how the global AI boom is driving a scramble for data centers, power access and next-generation infrastructure.