Tech

Tech Giants Reorganize Amid AI Focus

Updated 2026-05-20 18:50 UTC 2 sources Negative

Meta is cutting thousands of jobs as it shifts focus to artificial intelligence. Meanwhile, other tech companies are facing challenges in the digital media space.

Coverage timeline — 2 articles

NPR

Meta slashes 8,000 jobs as it pivots towards AI

Facebook and Instagram's parent company has been investing huge sums of money in AI, but it lags behind competitors.

2026-05-20 18:22 UTC

MarketWatch

Vox’s sale marks the end of an era for a once-booming form of digital media. Here’s how it all came undone.

Companies like BuzzFeed, Vice and Vox were once worth billions, but shifting audiences and declines in advertising have sent their values plummeting.

2026-05-20 18:42 UTC