Wednesday, March 15, 2023

Flatter is faster, leaner is better: Meta CEO Mark Zuckerberg as company cuts another 10,000 jobs

This comes after the company said it would cut its workforce by another 10,000 employees following the cuts it announced in November last year. The company had earlier announced that it would fire 11,000 employees, constituting 13% of its workforce.

from Tech-Economic Times https://ift.tt/axX8wog
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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...