Meta cuts 8,000 jobs globally in AI efficiency push
Meta Platforms lays off 8,000 employees as part of restructuring to reduce costs and invest heavily in AI, with $100 billion in AI capex planned.
Category : Technology
Indra Group, Cohere Join Forces for Sovereign AI in Spain, Canada
Indra Group and Cohere have signed an MoU to develop sovereign AI solutions in Spain, Canada, and Europe, focusing on SME growth, defence AI, and language adaptation.
OpenAI Eyes Fast IPO, SpaceX Filing Awaited
OpenAI is accelerating its IPO plans, according to a source, while the market anticipates SpaceX's public filing. The AI firm's move signals growing investor interest in tech IPOs.
AI Antisemitism Surges Online, Platforms Struggle to Stop It
A new report finds AI-generated antisemitic content on social media is growing rapidly, with 307 posts drawing 30 million views across major platforms in 13 months.
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Paul Schrader's AI Girlfriend Dumps Him: 'What a Disappointment'
Taxi Driver screenwriter Paul Schrader reveals his AI chatbot girlfriend ended their conversation, calling the experiment a disappointment.
Four Capital Residents Charged in CERB Fraud Scheme
Four National Capital area residents are among eight people charged in a sophisticated cyber-enabled fraud targeting CERB benefits during the COVID-19 pandemic, totaling approximately $364,000.
Professor Rejects Exam Results Over AI Cheating at Western
A professor at Western University has refused to accept exam results, citing allegations of AI-assisted cheating, sparking debate on academic integrity.
Meta starts 8,000 job cuts globally for AI efficiency
Meta Platforms Inc. is laying off 8,000 employees globally as part of a restructuring to reduce costs while investing heavily in artificial intelligence.
Intuit to Cut 17% of Global Jobs to Streamline Operations
Intuit plans to lay off 17% of its workforce globally to streamline operations, according to a Reuters exclusive. The move aims to increase efficiency.
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8 Charged in Cyber Fraud Targeting COVID Benefits
The RCMP announced charges against eight individuals for cyber-enabled fraud that targeted federal COVID-19 benefit programs, involving identity theft and fraudulent claims.
Bank Executives’ AI Talk Frightens Workers
Wall Street leaders' rhetoric on AI turning dystopian as executives discuss replacing human capital with technology, with 30% of finance hours potentially automated by 2030.
Why Canadians Rethink Cloud Storage Amid Privacy Worries
Canadians are reconsidering cloud storage due to privacy concerns. Drime offers a European-hosted, GDPR-compliant alternative with a lifetime subscription of 10TB for $495 CAD.
Phishing Emails Target Waterloo Region School Students and Staff
The Waterloo Region District School Board warns that phishing emails have been sent to students and staff, urging vigilance against potential data breaches.
UK Police Find $9.3M Cocaine in Kim Kardashian Underwear
UK authorities discovered $9.3 million worth of cocaine hidden in a shipment of Kim Kardashian brand underwear, leading to an investigation.
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AI Financing Drives Surge in U.S. Convertible Bond Sales
AI companies are fueling a boom in U.S. convertible bond sales, raising billions to fund expansion and R&D, reshaping capital markets.
AI Career Matching: IQ Career Lab Helps You Choose Right Path
IQ Career Lab uses psychometric testing and AI to match users with careers. A lifetime subscription is now available at a discount.
23andMe and HealthEx Join Forces for Personalized Health
23andMe partners with HealthEx to connect genetic data with medical records, enabling AI-driven personalized health insights through the new Health Summary tool.
Regula and V-Key Partner for Mobile Identity Security
Regula partners with V-Key to strengthen mobile identity security across Asia-Pacific, combining document verification and biometric authentication to combat deepfakes and fraud.
Nvidia Earnings: Chip Rally Validation or Market Turmoil?
Nvidia's upcoming earnings report may either affirm the AI-driven chip stock rally or confirm fears of overextension, with significant market implications.
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Class-action suit against Facebook over fake crypto ads approved
A Quebec judge approved a class-action lawsuit against Facebook after celebrities' images were used in fraudulent cryptocurrency ads, sparking privacy and defamation concerns.
W5: Organized Crime Uses Airport Insiders for Drug Smuggling
A W5 investigation uncovers how organized crime groups exploit insiders at Toronto Pearson Airport to move drugs, revealing major security gaps.
AI Unease Grows in U.S. as Enthusiasm Shifts to Fear
About 70% of Americans think AI is moving too fast, with fears over unemployment, costs, misinformation, and security fueling backlash against data centers and tech leaders.
Google Unveils Smart Glasses to Rival Meta
At Google I/O 2026, the tech giant revealed new smart glasses in partnership with Warby Parker, directly competing with Meta's Ray-Ban Stories. The glasses feature AI integration, real-time translation, and a sleek design.
U.S. Enforces Law Against Sexual Deepfakes
The U.S. government is enforcing a new law targeting nonconsensual deepfake sexual images, providing legal recourse for victims as AI tools proliferate.
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Alberta invests $21M in U of A defence tech program
Alberta commits $21 million to the University of Alberta-led DEFENDS program, aiming to enhance Canada's defence technology and reduce foreign dependence.
Students Boo College President Over AI at Graduation
Glendale Community College students booed the president after AI misread names during graduation. Similar incidents occurred at UCF and University of Arizona.
Gun, Cocaine and Impaired Charges After Erratic Drive on Hwy 12
OPP arrested a driver after an erratic drive on Highway 12 in Midland, leading to charges including impaired driving, cocaine possession, and firearm offenses.
KINSELLA: Why Elon Musk's AI fears demand attention
Warren Kinsella argues that Elon Musk's warnings about AI as an existential threat should not be ignored, especially in light of the Musk v. Altman court case.
Spotify's Disco Ball Logo Sparks Backlash Online
Spotify's temporary 3D disco ball logo for its 20th anniversary sparked online backlash, with critics citing design flaws. The company responded, assuring the change is temporary.
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Graduates Boo AI Pep Talks at College Commencements
College graduates are voicing discontent with AI-focused commencement speeches, booing tech leaders as concerns over job displacement and ethical issues grow.
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