Business- Page 2

meta-layoffs-deepen-ai-workforce-anxiety

Meta Layoffs Deepen AI Workforce Anxiety

A Different Tone From Zuckerberg Meta is preparing another major round of job cuts, but the message from the top is different from the one employees heard during the company’s first post-pandemic layoffs. In late 2022, Mark Zuckerberg apologized to staff and
May 26, 2026
starlink-becomes-spacexs-profit-engine

Starlink Becomes SpaceX’s Profit Engine

The Growth Story Behind The IPO SpaceX is best known for reusable rockets and its high-profile push into artificial intelligence through its merger with xAI. But as Elon Musk’s company prepares investors for a massive initial public offering, its prospectus shows that
May 25, 2026
Netflix-Lifts-Prices-Across-All-Plans

Netflix Lifts Prices Across All Plans

Streaming leader raises monthly rates again Netflix has increased prices across its U.S. subscription lineup, pushing monthly costs higher for every main plan as the company leans on pricing power to support growth. The change took effect Thursday and affects ad supported,
May 20, 2026
Meta-layoffs-clash-with-massive-exec-pay-plan

Meta layoffs clash with massive exec pay plan

Job cuts and billion-dollar incentives highlight a company in transition toward artificial intelligence Meta has entered another turbulent phase, cutting hundreds of jobs while simultaneously unveiling an executive compensation plan that could approach one billion dollars for top leaders. The contrast has
May 19, 2026
banks-race-to-test-anthropic’s-mythos

Banks Race To Test Anthropic’s Mythos

The arrival of Anthropic’s Mythos is rapidly becoming one of the most important new fault lines in global banking technology. What began as the release of an advanced artificial intelligence model has quickly turned into something more serious: a scramble among major
April 21, 2026
netflix-drops-after-strong-results-fail-to-lift-outlook

Netflix Drops After Strong Results Fail To Lift Outlook

Netflix delivered a quarter that looked strong on the surface, yet the market reacted with disappointment. Shares fell sharply in after-hours trading even though the company beat Wall Street’s expectations on revenue and profit, highlighting a familiar tension around the stock: investors
April 16, 2026
streaming’s-next-test-is-profit,-not-growth

Streaming’s next test is profit, not growth

Streaming was once the market’s great media love story. For years, investors rewarded any company that could show rising subscriber counts and expanding global reach, even if profits remained elusive. That era is ending. Wall Street still believes in streaming, but the
April 13, 2026
delta-trims-growth-as-fuel-surge-hits-profits

Delta trims growth as fuel surge hits profits

Delta Air Lines is pulling back on its near-term growth plans as soaring fuel prices reshape the airline industry’s financial outlook. The carrier said it will meaningfully reduce planned capacity growth, underscoring how sharply the recent run-up in jet fuel costs is
April 8, 2026
united-raises-bag-fees-as-airline-costs-climb

United Raises Bag Fees as Airline Costs Climb

United Airlines will increase checked baggage fees starting Friday, becoming the second U.S. carrier this week to pass higher operating costs on to travelers through ancillary charges rather than headline ticket prices. The change applies to tickets purchased from April 3 onward
April 3, 2026
oracle-begins-major-job-cuts-amid-ai-strain

Oracle Begins Major Job Cuts Amid AI Strain

Oracle has started informing employees that it is cutting thousands of jobs, a move that underscores the financial strain building around its aggressive push into artificial intelligence infrastructure. The layoffs come as the software company faces a sharp decline in its stock
March 31, 2026