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Canva Workforce Cut Signals Tech Sector Readjustment
Australian graphic-design platform Canva Group said Wednesday it will eliminate 1,271 positions – roughly 22% of its global workforce – marking the company’s first growth deceleration in ten years and signalling a structural reset for one of the world’s most closely watched private...
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OpenAI Cuts Funding Goal Amid AI Sector Woes
OpenAI cut its latest funding-round target by a third to $20 billion at a $1.25 trillion valuation on...
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Broadcom's $63B AI Move Redefines Funding Models
A coalition of major banks and Blackstone has assembled a $63 billion financing vehicle to buy Broadcom...
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Microsoft Explores AI Costs: 27% Staff Offered Buyout
Microsoft (MSFT) extended voluntary buyout offers to roughly 60,000 employees on Monday, covering about...
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TikTok U.S. Teams with Oracle on Massive AI Expansion
TikTok’s U.S. joint venture is targeting up to four gigawatts of computing capacity by the early...
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AI Exposes 'Black October' in Web Security
Critical security flaws in PHP – the language underpinning nearly 70% of all websites – were...
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SpaceX's Tower Strategy: Investor Opportunities
SpaceX is negotiating access to at least 80,000 U.S. cell sites, Bloomberg News reported Thursday, a...

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