Industry

Meta revealed its in-house infrastructure for AI workloads, including generative AI like that used in its recently unveiled ad design and creation tools, at a virtual event this morning. Meta tried to show its superiority by adopting AI-friendly hardware systems, which has slowed its progress compared to Google and Microsoft. …

Musk claims he found a new Twitter CEO. The Wall Street Journal reports that NBCUniversal Head of Advertising Linda Yaccarino is “in talks” for the role. Musk did not specify. Musk tweeted that he will step down as CEO of the social network and become its executive chair and CTO. …

LinkedIn will end its China local jobs app and cut 716 jobs. LinkedIn CEO Ryan Roslansky wrote today that “fierce competition and a challenging macroeconomic climate” forced the closure of InCareer, a standalone China app. LinkedIn, owned by Microsoft and with 20,000 employees, plans to add 250 jobs in some …

Tesla’s long-awaited Model 3 refresh’s front half leaked? Some Redditors think a photo of the automaker’s sedan may show an update with a Roadster-like face. The viral photo: Since 2017, Tesla has delivered Model 3s with only minor updates to the console, wheels, and range in 2021. According to a …

Today, Substack announced the launch of a new Notes feature that will enable users to exchange articles, quotations, comments, photographs, links, and thoughts. The platform’s notes are shown in a dedicated short-form stream that resembles Twitter. A note that has been shared is similar to writing a Tweet. A like …

Users of Generation Z are increasingly jumping on the content creation bandwagon to supplement their income outside of the traditional 9 to 5 workday. Over 45% of Gen Z creators polled in 2022 stated they want to make money from their content, according to a study by Adobe. Many content …

Virgin Orbit, a troubled space corporation, announced it was unable to get extra finance to keep it solvent, so it is firing about 85% of its workers in an effort to further cut costs. The information was reported to the U.S. Securities and Exchange Commission on Thursday, exactly two weeks …

Effy is pondering her options. The French energy remodeling firm is successful, but it is attempting to serve a market that is far larger than it initially thought. Because of this, it is taking a risk. The startup has just finished a fundraising round with Felix Capital for €20 million …

Employees at Amazon’s cloud division, including the previous CEO of AWS, Andy Jassy, were not exempt when the company announced today that it was cutting off another 9,000 workers. According to , AWS contributed about 10% of today’s total. The business declined to corroborate such figures, citing Jassy’s memo to …

Late on Monday night, Silicon Valley Bank’s customers unexpectedly got an email in their inboxes from the bank’s new CEO, Tim Mayopoulos, claiming that the institution was not only open but also conducting business as usual. The email, which TechCrunch got from various sources, stated that Silicon Valley Bank, N.A. …