Business news related to the technology industry, including Apple, Amazon, Microsoft, Google, and Facebook, plus consumer electronics, start-ups, cryptocurrency, media, advertising, streaming, venture capital, antitrust and regulation.
A new AI-powered hybrid Hollywood startup backed by AWS is betting that cutting-edge production tech can cut costs, speed up filming and bring jobs back to LA.
Meta said it's cutting 10% of its workforce, just as Microsoft announced that it's offering employee buyouts for the first time in its 51-year history.