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Meta lays off employees working on VR in Reality Labs division

Meta CEO Mark Zuckerberg presents Orion AR Glasses as he makes a keynote speech during the Meta Connect annual event at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta has laid off employees in its Reality Labs division that is tasked with developing virtual reality, augmented reality … Read more

Trump’s Nvidia deal lays bare the contradictions in America’s AI policy

No company has cashed in on the generative AI boom quite like Nvidia, whose chips and software help power AI used by Microsoft, Google, Meta, OpenAI, and Tesla. So it’s no surprise that as President Trump moves to impose tariffs on semiconductors—after initially carving out an exemption—Nvidia CEO Jensen Huang is looking to strike a … Read more

WordPress maker Automattic lays off 16% of staff

Automattic, the company behind WordPress.com, Tumblr, WooCommerce, and a range of other online services, is reducing its workforce. The layoffs will impact 16% of staff across divisions, an Automattic blog post published Wednesday reveals. Ahead of the layoffs, Automattic’s website listed 1,744 employees, which means north of 270 people may have lost their jobs. (Automattic … Read more

OpenAI chairman Bret Taylor lays out the bull case for AI agents

We still didn’t get a straight up definition of exactly what an AI agent is during Bret Taylor’s Mobile World Congress fireside chat in Barcelona on Tuesday. The Sierra founder and OpenAI board chair preferred to side-step CNN moderator Anna Stewart’s question asking how “agentic AI” is “any different to a GenAI chatbot” by suggesting … Read more

Commercetools, a pioneer in ‘headless commerce’, lays off dozens of staff

Commercetools — a “headless commerce” platform that provides APIs to companies building online storefronts — saw a major boost in its business just a few years ago, raising money at whopping $1.9 billion valuation as the world went shopping online in the wake of the Covid-19 pandemic, and businesses rushed to improve their e-commerce operations. … Read more

Trump admin lays out roles of ‘probationary employees’ as Dems claim critical employees are being culled

FIRST ON FOX: The Trump administration outlined the roles of probationary employees amid Democrats and some media outlets portraying recent mass firings of federal employees as a gutting of staffers critical to the infrastructure of the government.  “Probationary employees are, by definition, subject to removal if their position is deemed not mission-critical to the executive … Read more

Sam Altman lays out plans for GPT-5 and GPT-4.5 promising end of ‘hated’ model picker

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal InformationFORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive … Read more

Sonos lays off 200 ahead of rumored set-top box release

Sonos announced that it has laid off 200 people in a letter posted to its site Wednesday. The news follows a 100-person layoff in August. Both rounds arrive in the wake of a disastrously botched update to the Sonos app that alienated broad swaths of the premium audio hardware firm’s extremely loyal fanbase. The new … Read more

Trump lays wreath at Tomb of the Unknown Soldier ahead of inauguration

President-elect Donald Trump  Vice President-elect JD Vance participated in a wreath-laying ceremony at the Tomb of the Unknown Soldier at Arlington National Cemetery in Virginia on Sunday, the eve of his return to the White House. Trump was participating in a series of Washington events prior to his return to office. The president-elect’s wife, Melania … Read more

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