Employee revolt and failing agents forced Meta to scrap its AI layoff plan

Meta wanted to replace far more of its workforce with AI than previously known, according to Reuters, but the plan collapsed under rebellious employees and agents that failed to deliver.<br /> T [...]

Amazon will reportedly cut 30,000 jobs in biggest mass layoff ever

Amazon is reportedly planning to cut up to 30,000 jobs this week. It will be the largest mass layoff in the company's history. [...]

Can our climate be saved by vacuuming carbon out of the skies

Imagine: A switch is flicked and, in a heartbeat, every process spewing deadly pollution into the heavens is replaced with something clean and sustainable. Sadly, even then, the Earth would still tip [...]

Here’s to the stable ones: In praise of Tim Cook

Tim Cook’s tenure as Apple CEO ends September 1 when he takes the role of executive chair. He will be replaced by John Ternus, a 25-year Apple veteran and head of its hardware engineering division. [...]

Employers are quietly rehiring the people AI replaced, and paying them less to come back

Forrester reports that 55% of employers regret laying off workers for AI and expects half of AI-attributed layoffs to be quietly reversed, with jobs returning offshore or at significantly lower wages. [...]

The Dow swings wildly and the S&P 500 touches bear market territory as trade war fallout continues

The S&P 500 touched bear market territory and the Dow Jones Industrial Average shed as much as 1,700 points early Monday — before gaining more than 700 points and then turning negative again. Th [...]

Dow futures jump 500 points after Trump walks back E.U. trade threats

U.S. stock futures soared Tuesday morning, with the S&P 500 rising about 1.3%, Nasdaq futures gaining 1.4%, and the Dow Jones Industrial Average climbing 495 points, or 1.2%, in a rebound from las [...]

Upwork study shows AI agents excel with human partners but fail independently

Artificial intelligence agents powered by the world's most advanced language models routinely fail to complete even straightforward professional tasks on their own, according to groundbreaking re [...]

Block introduces Managerbot, a proactive Square AI agent and the clearest proof point yet for Jack Dorsey’s AI bet

Block today announced Managerbot, a new AI agent embedded in the Square platform that proactively monitors a seller's business, identifies emerging problems, and proposes actionable solutions — [...]