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18.04.26 - 00:06
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Meta To Unleash First Wave Of Mass Layoffs May 20 As It Eliminates 10% Of Its Workers (ZeroHedge)
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Meta To Unleash First Wave Of Mass Layoffs May 20 As It Eliminates 10% Of Its Workers
The FaceBook currently known as Meta for one failed venture that incinerated nearly $100 billion in cash for its failed transformation to a virtual reality hub while laying off thousands, is at it again.
As we previewed a few weeks ago, Meta - which inexplicably hasn't changed its name to AIbook yet - will proceed with the first wave of mass layoffs planned for this year on May 20, with more coming later, Reuters reported citing sources.
The Facebook and Instagram owner will lay off about 10% of its global workforce, or close to 8,000 employees, in that initial round, as it swaps headcount for GPUs.
And that's just the start: the company is planning further layoffs in the second half of the year, although details of those cuts, including date and size, have yet to be determined and will depend on just how much more money Meta burns in its experiment to prove that AI will actually generate positive c...
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17.04.26 - 15:01
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Meta′s New AI Model Can Drive the Stock to Fresh Highs (24/7 Wall St.)
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Muse Spark, as what Meta Platforms (NASDAQ:META) is calling its much-anticipated closed-source model, which used to go by the codename Avocado. Undoubtedly, it's an interesting name, and the release seems to have come at the right time, with broad markets bouncing back from the Iran war-driven slump. While the Anthropic Claude Mythos shock has taken ... Meta's New AI Model Can Drive the Stock to Fresh Highs...
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17.04.26 - 01:54
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Meta′s Manus deal further exacerbates Chinese startups′ exodus to Singapore and US (Digitimes)
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The US$2 billion acquisition of AI startup Manus by Meta Platforms has sent shockwaves through the Chinese tech ecosystem, exposing the fragility of the "Singapore-washing" strategy that many founders once relied on to sidestep geopolitical crossfires. The deal, which was finalized in early 2026, triggered an aggressive response from Beijing, forcing a sweeping reallocation of resources among startups operating in the gray zone between Chinese origins and global ambitions....
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16.04.26 - 22:06
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Five9 to Report First Quarter 2026 Financial Results on April 30, 2026 (Business Wire)
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SAN RAMON, Calif.--(BUSINESS WIRE)--Five9, Inc. (Nasdaq: FIVN), a leading provider of the Intelligent CX Platform, today announced it will report first quarter 2026 financial results and host a conference call on Thursday, April 30, 2026, at 4:30 p.m. Eastern Time.
Participants may register for the audio-only webinar by clicking here. A replay will be available after the conclusion of the live event.
Both the live webcast and replay will be available on the Investor Relations section of the Company's website at http://investors.five9.com/.
About Five9
Five9 empowers organizations to create hyper-personalized and effortless AI-driven customer experiences that deliver better business outcomes. Powered by Five9 Genius AI, the Five9 Intelligent CX Platform is trusted by 3,000+ customers and 1,400+ partners globally. The New CX starts here, and it's at the heart of every winning experience. For more information, visit www.five9.com.
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