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Meta to Eliminate Around 8,000 Jobs as AI Investment Push Intensifies (META)

YahooMay 18, 2026

Workforce Reductions Set to Begin This WeekMeta Platforms (NASDAQ:META) is reportedly preparing to cut approximately 8,000 jobs this week, equal to roughly 10% of its workforce, according to a CNBC report published Monday. The company has also reportedly scrapped plans to hire for about 6,000 vacant positions.

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Crypto

Deploi Launches Direct Issuance Infrastructure for Private Credit on Polygon, Secures ISIN Allocations from Nasdaq CSD

CointelegraphMay 18, 2026

EUR 1 billion note programme planned for 2026 following completion of global issuance infrastructure by the end of Q3 2026.

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Market

Google I/O preview: Bank of America expects major AI push across Search, Chrome, and Android

YahooMay 18, 2026

Alphabet Inc (NASDAQ:GOOG) is preparing to kick off its annual Google I/O developer conference on May 19, with Bank of America expecting a broad slate of artificial intelligence announcements that could reinforce the company's position at the forefront of the AI race. The keynote is scheduled...