Apple Loses Key AI Executive to Meta's Multimillion-Dollar Hiring Spree
Juli Clover / macrumors - Meta CEO Mark Zuckerberg has been offering AI engineers massive pay packages to poach them from other companies, and a key Apple engineering manager has decided to take the deal, according to Bloomberg.Ruoming Pang, who manages Apple's foundation models t…
Back to Top / Monday, July 7, 2025, 6:20 pm / permalink 9570 / 7 stories in 7 months
Microsoft’s latest layoffs hit 9,000 employees company-wide
Steve Vegvari / pocket-lint - It's been a tough week in tech as Microsoft announces mass layoffs.
Back to Top / Friday, July 4, 2025, 8:20 am / permalink 9402 / 11 stories in 8 months
Safe Superintelligence CEO Daniel Gross joins Meta’s new AI lab
Maria Deutscher / siliconangle - Meta Platforms Inc. has hired prominent artificial intelligence executive Daniel Gross and may reportedly buy a stake in his venture capital firm. Until last week, Gross (pictured) was the Chief Executive Officer of Safe Superintelligence Inc., a well-fun…
Back to Top / Thursday, July 3, 2025, 7:20 pm / permalink 9387 / 4 stories in 8 months
Foxconn mysteriously tells Chinese workers to quit India and return to China
appleinsider - Apple's expansion in India has hit an unexpected issue as hundreds of Chinese workers have been required to leave its iPhone manufacturer Foxconn's facilities in the country.One of several Foxconn manufacturing facilities in India — image credit: FoxconnI…
Back to Top / Wednesday, July 2, 2025, 7:21 am / permalink 9241 / 4 stories in 8 months
Meta shares hit all-time high as Mark Zuckerberg goes on AI hiring blitz
cnbc - Meta shares hit a record high on Monday, underscoring investor interest in the company's new AI superintelligence group.
Back to Top / Monday, June 30, 2025, 2:21 pm / permalink 9144 / 14 stories in 8 months
OpenAI adjusts pay following Meta’s talent raid
OpenAI executives have fired back at Meta’s aggressive recruitment, instituting a sudden recalibration of employee compensation to stem the brain drain. Internal memos suggest a blend of irritation and urgency, as the rival tech giant’s poaching tactics force OpenAI to tighten its defenses in the ongoing AI talent war.
Back to Top / Sunday, June 29, 2025, 4:20 pm / permalink 9089 / 5 stories in 8 months
Tesla loses key execs but hires a new one from GM’s failed robotaxi company
Jay Peters / theverge - There’s some executive shuffling going on at Tesla. Two key leaders have left recently – one of them being fired by CEO Elon Musk – but the company also hired an exec from Cruise, GM’s failed robotaxi company. Yesterday, reports from Forbes and CNBC said …
Back to Top / Friday, June 27, 2025, 3:21 pm / permalink 9016 / 2 stories in 8 months
Meta’s recruiting blitz claims three OpenAI researchers
Connie Loizos / techcrunch - In the fight for top AI talent, Meta just reportedly snagged a win, poaching three OpenAI researchers despite rival Sam Altman’s public mockery of Mark Zuckerberg’s lavish hiring tactics. The latest victory in Zuckerberg’s widely-reported recruiting blitz…
Back to Top / Thursday, June 26, 2025, 12:20 am / permalink 8873 / 4 stories in 8 months
Microsoft planning ‘major’ Xbox layoffs next week
Tom Warren / theverge - Microsoft is planning to cut jobs in the company’s Xbox gaming business, as early as next week. I first reported in Notepad earlier this month that Microsoft was planning Xbox layoffs “potentially by the end of the month,” and now Bloomberg says a round o…
Back to Top / Tuesday, June 24, 2025, 10:21 am / permalink 8698 / 9 stories in 8 months
Meta approached AI startup Runway about a takeover bid before Scale deal
cnbc - Meta CEO Mark Zuckerberg has been working to bolster his company's AI efforts with the hiring of Daniel Gross, Nat Friedman and Scale AI founder Alex Wang.
Back to Top / Monday, June 23, 2025, 7:20 pm / permalink 8671 / 1 stories in 8 months
Report: Meta targets former GitHub CEO Nat Friedman to boost its AI research efforts
Mike Wheatley / siliconangle - Meta Platforms Inc. is reportedly looking to expand its artificial intelligence team with yet another high-profile tech industry luminary: former GitHub Chief Executive Nat Friedman. The parent company of Facebook is also said to be angling to bring aboar…
Back to Top / Wednesday, June 18, 2025, 8:20 pm / permalink 8374 / 1 stories in 8 months
Sam Altman claims that Meta offers $100 million signing bonuses to OpenAI researchers
Matthias Bastian / the-decoder - OpenAI boss Sam Altman criticizes attempts to poach Meta with entry bonuses of up to 100 million dollars.The article Sam Altman claims that Meta offers $100 million signing bonuses to OpenAI researchers appeared first on THE DECODER.
Back to Top / Wednesday, June 18, 2025, 8:20 am / permalink 8301 / 5 stories in 8 months
Meta offers $100M bonus to poach OpenAI talent?
OpenAI CEO Sam Altman reports that Meta made a bold move by offering a $100 million bonus package to lure its staff, an aggressive recruitment tactic in the fiercely competitive AI race. Despite the hefty offer, Meta’s effort ultimately fell short of its goal.
Back to Top / Tuesday, June 17, 2025, 8:20 pm / permalink 8283 / 3 stories in 8 months
AI will shrink Amazon's workforce in the coming years, CEO Jassy says
cnbc - Amazon CEO Andy Jassy said the company's workforce will shrink in the coming years as it adopts more generative artificial intelligence tools and agents.
Back to Top / Tuesday, June 17, 2025, 2:20 pm / permalink 8243 / 9 stories in 8 months
SAG-AFTRA has suspended its gaming industry strike over AI protections
Anna Washenko / engadget - SAG-AFTRA has suspended its strike against ten game studios. The organization's national board will meet tomorrow to consider a tentative agreement with the developers; more details of the arrangement will be disclosed if and when the board agrees to the …
Back to Top / Wednesday, June 11, 2025, 4:21 pm / permalink 7706 / 2 stories in 8 months
Google offers buyouts to employees across the company, including Search
cnbc - Google's buyouts are being offered to employees in Google's central engineering units as well as marketing, research and communications teams.
Back to Top / Tuesday, June 10, 2025, 4:20 pm / permalink 7549 / 5 stories in 8 months
Tesla’s Optimus robot VP is reportedly leaving the company
Sean O'Kane / techcrunch - The head of Tesla’s Optimus humanoid robot program, Milan Kovac, is leaving the company, according to Bloomberg News. The departure comes as Tesla CEO Elon Musk has claimed the company will have “thousands” of Optimus robots operating in its factories by …
Back to Top / Friday, June 6, 2025, 6:22 pm / permalink 7109 / 4 stories in 9 months
US May Payrolls Beat Estimates Fuel Market Reaction
Robust US job numbers for May—with payrolls rising by 139K—have surprised markets and fueled fierce debates among policymakers. The unexpected surge has led to calls for immediate rate cuts and raised questions about the underlying strength and resilience of the US labor market amid mixed economic signals.
Back to Top / Friday, June 6, 2025, 9:20 am / permalink 7033 / 1 stories in 9 months
GTA-Like MindsEye's Developer Loses Top Executives Ahead Of Launch
Blair Marnell / gamespot - Next week, former Grand Theft Auto lead developer Leslie Benzies will release MindsEye, his first game since his acrimonious departure from Rockstar Games and Take-Two Interactive in 2016. However, two of the top executives from MindsEye's studio Build a …
Back to Top / Thursday, June 5, 2025, 9:20 am / permalink 6891 / 2 stories in 9 months
Procter & Gamble Slashes 7000 Jobs Amid Challenging Economic Times
Procter & Gamble is undertaking a brutal cost‐cutting drive by eliminating 7000 jobs, citing a challenging market environment. The move forces the consumer giant to streamline operations and cut expenses amid economic headwinds, leaving affected workers and industry analysts with plenty to discuss over the water-cooler.
Back to Top / Thursday, June 5, 2025, 7:20 am / permalink 6873 / 1 stories in 9 months