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MSFT Plans First Voluntary Buyout In 51-Year History; Gates Foundation To Slash 20% Of Staff
MSFT Plans First Voluntary Buyout In 51-Year History; Gates Foundation To Slash 20% Of Staff
Summary:
First CNBC reports MSFT's first-ever Voluntary Buyout in 51-Year Company History,
Then a report by BBG on Meta planning 10% Workforce Cut, All Within Hours
To note: Reuters First reported Meta's 10% cut late last week (report)
Meta Layoffs
First, Microsoft unveiled a voluntary buyout program, a move that could incentivize thousands of employees to leave.
Now, Meta Platforms has reportedly followed with plans to cut 10% of its workforce. Taken together, today's back-to-back announcements suggest that as Big Tech continues...
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Jul 21, 2026 / Tyler Durden
Blackstone Just Made A Physical AI Bet On Actuator-Maker Powering Humanoid Robots
Blackstone Just Made A Physical AI Bet On Actuator-Maker Powering Humanoid Robots
Blackstone, the world's largest alternative asset manager, is making a big investment in Futronic, a 33-year-old automotive supplier whose motion-control technology has been adapted for industrial and humanoid robots, according to Reuters.
The deal values the South Korean firm at about 1 trillion won ($676.04 million), according to a person with knowledge of the matter. -RTRS
The deal comes just ahead of the expected rise of physical AI, with forecasts from top desks indicating that global robot deliveries could begin...
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Apr 16, 2026 / Tyler Durden
US Army Trials Unmanned Hunter Wolf Robot With Gun, Radar In Combat Drills
Oct 8, 2026 / Tyler Durden
Another One Bites The Dust: Nvidia-Backed Firmus Slashes IPO Price 25% As AI Data Center Window Slams Shut
Another One Bites The Dust: Nvidia-Backed Firmus Slashes IPO Price 25% As AI Data Center Window Slams Shut
Two weeks ago, when SoftBank's SB Energy pulled the marketing of its giant IPO meant to find its even more giant data center, we wrote that "slowly the data center dream is turning into a nightmare" ("SB Energy Delays IPO Funding World's Largest Data Center Amid Investor Revolt, Public Outcry", Sep 22). Two days later we went a little further:
SB Energy is next and then it's all over
— zerohedge (@zerohedge) September 24,...
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