Fireworks AI, which serves models for Cursor, Perplexity and Uber, hired Dave Wehner after he spent a decade as Meta's CFO and then strategy chief. The startup was valued at $17.5 billion in July. Neither side has given a start date.
Facebook and Instagram's parent company Meta has launched a voluntary exit scheme for its employees. After Google and Microsoft, Meta has also taken this step to reduce its workforce and cut costs. According to a report by the French publication…
The reported proposal covers around 100 employees and includes severance linked to tenure, paid transition leave and support for retraining or starting a business. Meta is reportedly preparing a voluntary departure programme that could reduce its French workforce by approximately one-third,…
The headline number is small next to the money moving through AI right now. What matters is the structure. A chip supplier is buying into the stock sale of one of its biggest customers, on the same day the customer…
Leaving a high-paying job at a major technology company may not sound like an easy decision. But Google, Meta and Microsoft are giving some employees a financial cushion to make that move, with offers that include months of salary, paid…
TradingView Key facts: Meta Platforms revenue up 26%; negative FCF; $15B notes - Meta Platforms Inc Class A (META) reported third-quarter revenue of $64.60 billion, up 26% year over year. Ad impressions increased 10%, while average ad prices rose 14%. - Meta Platforms (META) reported Q3 capital spending of…
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Friday, November 6, 2026 According to a report by French publication La Lettre, the programme could affect around 100 of Meta’s approximately 300 employees in France. The company has not disclosed which departments or job roles are likely to be affected. The offer is…
The new Canada Growth Incentive tries to “level the playing field” for entrepreneurs who had called for an answer to a U.S. program The federal government has answered calls from Canada’s tech CEOs and investors with sweeping tax breaks meant…
The utility is advancing power-supply agreements tied to the proposed Boreal Technology Hub, aimed at serving large-scale data-center loads. Management is reallocating future capacity toward data-center demand, reflecting a shift in priority customers within its Alberta fleet. The shift toward…
Mark Zuckerberg's AI vision and spending: the Hyperion and Prometheus data centers, capital spending, bond and private-credit deals, and layoffs to fund AI.
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