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Meta Plans 20% Layoffs To Divert Capital To Data Centers

Meta Plans 20% Layoffs To Divert Capital To Data Centers On Friday we noted that Meta has delayed the rollout of its latest AI model because it sucks - and may temporarily license superior models like Gemini to power the company's AI products.  Now, Meta is reportedly mulling a massive new round of layoffs that could affect more than 20% of its workforce as it accelerates spending on AI data center buildouts. The move comes as other hyperscalers consider similar workforce restructurings to redirect capital flows toward AI infrastructure. Reuters cited people familiar...
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Jul 27, 2026 / Tyler Durden
Putin Admits Escalation: Enemies Unable To Defeat Russia On Battlefield, Resort To 'Open Terrorism'
Putin Admits Escalation: Enemies Unable To Defeat Russia On Battlefield, Resort To 'Open Terrorism' This month has witnessed a string of major Wildberries warehouses and logistics hubs go up in flames due to wave after wave of Ukrainian drones strikes. The Russian online retailer, which is by far the largest and widely deemed the 'Russian Amazon' - is bracing for likely more attacks to come. Ukraine's long-range drones strikes have very clearly moved beyond just oil and defense industrial sites, and have even included an attack on a holiday camp in...
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Jun 1, 2026 / Tyler Durden
Mystery Deepens: Remains Of Missing Los Alamos Nuclear Lab Employee Discovered In Forest
Mystery Deepens: Remains Of Missing Los Alamos Nuclear Lab Employee Discovered In Forest Authored by Steve Watson via Modernity, The body of Melissa Casias has been found in a remote area of New Mexico's Carson National Forest, almost 11 months after the Los Alamos National Laboratory employee walked out of her home and vanished. This discovery marks another chapter in the disturbing wave of deaths and disappearances involving individuals tied to highly sensitive government programs. It arrives after President Trump ordered full UFO disclosure and two sets of classified files have now...
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Jul 16, 2026 / Tyler Durden
Ukraine Intensifies Attacks On Russian Tankers In The Black Sea
Ukraine Intensifies Attacks On Russian Tankers In The Black Sea By Charles Kennedy of OilPrice.com After striking 116 vessels linked to Russia’s shadow fleet in the Sea of Azov in recent weeks, Ukraine’s military is turning its sights on ships in the Black Sea, hitting in drone attacks as many as 20 vessels overnight on Wednesday. Ukrainian forces struck 17 Russia-linked oil tankers, 2 gas carriers, and one tugboat early on July 15, drone unit commander Robert Brovdi said on Telegram today, adding that an official report with video evidence would follow...
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