Meta plans to cut 10% of workforce, or 8,000 jobs, as it doubles down on AI
Meta’s latest workforce reduction comes as the company aims to spend up to $135 billion on AI this year
Business & Finance
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NYC Mayor Mamdani knocked Ken Griffin in pied-a-terre tax promo. His firm calls the move ‘shameful’
Chief Operating Officer Gerald Beeson saying in a memo that targeting Griffin showed “ignorance and disdain” toward contributors to the city’s economy.
Avidia Bank reports Q1 earnings rise to $6 million
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GeoPark reports Q1 production of 27,249 boepd, starts Vaca Muerta drilling
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Franklin Financial reports Q1 earnings rise 69% year-over-year
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T-Mobile increases shareholder return program by $3.6 billion
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SiriusXM declares $0.27 quarterly dividend per share
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NextEra expects agreements on Japan-backed gas-fired data center projects within three months
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Cathay General Bancorp authorizes $150M stock buyback program
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BayCom appoints Michael Perdue to board of directors
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