Helen Toner says Meta may quickly lose its new AI hires to poaching if it can't move fast or manage internal politics, despite big-name recruits and billion-dollar bets.
Industry
UBS Hit With Investor Lawsuits in US Over Credit Suisse AT1 Bond Fallout
UBS faces U.S. lawsuits over Credit Suisse AT1 bond losses, while offering goodwill payments to clients hit by trading turmoil.
Meta Hires Apple's Foundational Models Head For Superintelligence Labs
Apple's Foundational Models head is now joining Meta's Superintelligence Labs.
Costco Urges Shoppers to Stop Using These Recalled Products Immediately
Costco recalls several products, urging shoppers to stop using them immediately due to safety and health risks.
Ingram Micro Confirms Cyberattack as Ransomware Hits Internal Operations
Ingram Micro confirms ransomware attack disrupting global operations, leaving customers unable to place orders or access key services.
Latest News
Del Monte Foods files for Chapter 11 bankruptcy amid shifting consumer trends and declining demand for canned goods.
Kraft Heinz recalls over 367,000 pounds of Oscar Mayer turkey bacon due to potential listeria contamination.
Microsoft lays off 9,000 employees to streamline management and boost efficiency across teams.
Xbox head Phil Spencer is not retiring, and he is not part of the thousand who have lost their jobs due to Microsoft's layoffs.
Jeff Bezos sells $737 million in Amazon stock following his lavish wedding, funding global ventures and philanthropic efforts.
Wegmans recalls chocolate nonpareils in 8 states due to undeclared milk allergen risk.
Lululemon sues Costco for allegedly selling knockoff activewear that closely mimics its popular designs.
Amazon now has over 1 million robots in its warehouses and is rolling out smarter AI, hinting at a big shift toward automation that could reshape warehouse jobs.
Over 140,000 pounds of bologna recalled nationwide due to undeclared meat ingredients, warns USDA.
