Meta Laid Off Seven Hundred and Rewarded the Executives
Meta cut 700 jobs the same week two juries found it liable for harming children — and disclosed executive bonuses that make the layoffs look like the cost of doing business.
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Meta cut 700 jobs the same week two juries found it liable for harming children — and disclosed executive bonuses that make the layoffs look like the cost of doing business.
Google closed its $32 billion Wiz acquisition and disclosed $75 billion in 2026 capital expenditures — the cloud security bet and the infrastructure race are the same story.
Tesla's U.S. registrations fell 14 percent in the first quarter — the fourth consecutive quarterly decline as brand damage accelerates.
The merged Paramount-Warner Bros. Discovery entity carries $78.8 billion in debt — the largest media merger in history is also the most leveraged.
March venture capital funding is tracking at $13 billion — down from $174 billion in February's AI megaround-inflated total — and the correction is structural, not cyclical.