Is Wall Street losing faith in AI?

A tough week for tech stocks could be a sign of investors’ loss of confidence in artificial intelligence. Wall Street Journal report The Nasdaq Composite Index was down 3% – making it its worst week ever President Donald Trump announces his sweeping tariff plan In April. Tech companies that have performed well this year were…

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Meta cuts 600 AI jobs amid ongoing reorganization

Alexander Wang, Meta’s chief AI officer, wrote in a memo to employees on Wednesday that the company will cut about 600 jobs from its superintelligence lab. report From Axios. Meta declined to comment, but told TechCrunch that Axios’ reporting is accurate. As Meta, OpenAI, Anthropic, Google and other companies race to build the most powerful…

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Apple loses another AI exec to Meta 

Ke Yang, the Apple executive who is leading efforts to build the iPhone-maker’s AI-powered web search, is headed to Meta, according to A report from Bloomberg, Yang’s departure symbolizes latest In one of a series of exits from Apple’s AI unit, the lead-up to a much-anticipated Siri revamp scheduled for March has been thrown into…

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Instagram tests Picture-In-Picture viewing for reels

Instagram is testing a new picture-in-picture feature to see the reels, the company confirmed Techcrunch on Tuesday. This feature allows users to see reels in a small, floating window on their screen when browsing other apps to allow users for multitasking. This feature was first seen by the app researcher Radu OnkeskuUsers who are part…

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