Block says it is laying off 4,000+ of its 10,000+ employees, saying AI tools have changed “what it means to build and run a company”; XYZ jumps 15%+
Block said Thursday it's laying off more than 4,000 employees, or about half of its headcount.
Block reports Q4 revenue up 4% YoY to $6.25B, gross profit up 24% to $2.87B, driven by a 33% surge in Cash App, and forecasts Q1 gross profit up 22% to $2.8B
Block (XYZ.N) on Thursday said it will cut over 4,000 jobs, nearly half its workforce, as part of an overhaul …
Chrome, Firefox, Brave, and Edge get updates to address an actively exploited flaw in the WebP Codec's library libwebp; many non-browser apps are also affected
A significant vulnerability in the WebP Codec has been unearthed, prompting major browser vendors, including Google and Mozilla …
Molly Holzschlag, aka “mollydotcom”, a longtime advocate for the open web and accessible, inclusive online design standards, died at 60 on September 5
Pioneer of online design & accessibility — Molly Holzschlag, whose pioneering work in online design standards led to her being dubbed …
Meta plans to launch Instagram's standalone Twitter competitor Threads on July 6, per the pre-order App Store listing, which shows screenshots of some features
Instagram's rumored Twitter competitor just dropped on the iOS App Store in the US. The app will be called Threads …
Baidu claims Ernie 3.5, the latest version of its LLM, has surpassed ChatGPT in general abilities and outperformed GPT-4 on many Chinese-language capabilities
Baidu Inc.'s ChatGPT-style service has outperformed OpenAI's seminal product on several measures, China's search leader said on Tuesday.
In an interview, Elon Musk discussed acquiring Twitter, defended his inflammatory tweets, called tech workers the “laptop class living in la-la-land”, and more
Tesla CEO Elon Musk sat down for a sprawling interview with CNBC anchor David Faber on Tuesday following .
To compete with GitHub Copilot, Google partners with Replit, which used AI to make coding tools and will now rely on Google's LLMs for its Ghostwriter product
Dina Bass / Bloomberg :
Parler restructures as Parlement Technologies after raising a $16M Series B and acquires Dynascale to offer “uncancelable” cloud services for online businesses
oh wait, they have and it ends like you'd expect. https://en.wikipedia.org/... https://twitter.com/... Russell Brandom / @russellbrandom : This makes a lot of sense — Parler has be...
Mozilla launches MDN Plus, a $5/month or $10/month subscription for its developer network, offering notifications, article collections, offline access, and more
Frederic Lardinois / TechCrunch :
Meta's promised metaverse is going to be boring and is meant to distract us from the world that Facebook helped break
In 2018, Oculus' Jason Rubin sent a paper to Facebook executives laying the foundation for Meta's ambitions and detailing the need to own the VR market
- In 2018, an Oculus executive named Jason Rubin wrote a 50-page document headlined “The Metaverse” that he sent to a Facebook board member and some top execs.
In 2018, Oculus' Jason Rubin sent a paper to Facebook executives laying the foundation for Meta's ambitions and detailing the need to own the VR market
- In 2018, an Oculus executive named Jason Rubin wrote a 50-page document headlined “The Metaverse” that he sent to a Facebook board member and some top execs. Tweets: @kevinroose ...
Meta's promised metaverse is going to be boring and is meant to distract us from the world that Facebook helped break
You're not losing your mind: it really does just sound like a worse version of the internet. Chris Vallance / BBC : Facebook's metamorphosis - will it work? Andrew Hutchinson / Soc...
Many popular VPN services are owned by companies with shady track records, like London-based Kape Technologies, which also owns VPN review sites
Brian X. Chen / New York Times :
Mark Zuckerberg says video now accounts for almost half the time spent on Facebook, and that Reels is the “largest contributor to engagement growth”
Karissa Bell / Engadget :
Facebook reports Q2 revenue of $29.08B, up 56% YoY, MAUs of 2.9B, up 7% YoY, headcount of 63,404, up 21% YoY; stock down ~3% on warning of revenue slowdown
“We had a strong quarter as we continue to help businesses grow and people stay connected,” said Mark Zuckerberg, Facebook founder and CEO.
Mark Zuckerberg says video now accounts for almost half the time spent on Facebook, and that Reels is the “largest contributor to engagement growth”
He wants Facebook to become a ‘metaverse company.’ — Facebook users are spending a lot more time watching video …
Microsoft will adjust its release cycle for Edge to match the four-week release cadence of Chrome, starting with Edge 94, which is set for release in September
Jay Peters / The Verge :
As Brexit progresses, 81K .eu domains registered by 50,000 UK citizens are suspended, with three months given to transfer domains or demonstrate EU citizenship
Daphne Leprince-Ringuet / ZDNet :