The job cuts in tech land are piling up, as companies that led the 10-year bull market adapt to a new reality.
In January, Google announced plans to lay off 12,000 people from its workforce, while Microsoft said it’s letting go of 10,000 employees. Amazon also began a fresh round of job cuts that are expected to eliminate more than 18,000 employees and become the largest workforce reduction in the e-retailer’s 28-year history.
Meta on Tuesday announced the latest version of its Llama artificial intelligence model, dubbed Llama 3.1. The newest Llama technology comes in three different versions, with one variant being the biggest and most capable AI model from Meta to date. Like previous versions …
Google is in advanced talks to acquire cybersecurity firm Wiz for $23 billion, according to a person familiar with the matter who said a deal is expected to close “soon.” Wiz was founded in 2020, and has grown at a rapid clip under …
The U.K. is the No. 1 country in Europe for tech by many accounts. In 2023, British startups raised $21.3 billion, their third-highest total on record, according to a report from Dealroom and HSBC Innovation Banking. It’s the No. 1 …