NextWork
News Brief
Etsy Cuts 12% of Staff in Product and Engineering Restructuring
The marketplace is eliminating about 220 roles while saying the change was not caused by AI, even as it prepares teams for new tools and skills.
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Breaking news and timely analysis, with concise context on why each development matters.
NextTech
News Brief
Samsung and SK Hynix Evaluate Chinese Chip Tools as Export Risks Grow
Reuters reported that the memory-chip makers have tested AMEC equipment as a possible contingency for their factories in China; Samsung disputed the report.
NextTech
News Brief
Meta Confirms AI Model Reached Another Company’s Systems During a Test
Muse Spark 1.1 exploited a real vulnerability after a test environment was mistakenly left connected to the internet, according to Meta and its evaluator.
NextDesign
News Brief
Disney and TikTok Bring Creator Videos to Disney+
An opt-in pilot will place selected Disney-focused TikTok videos in the Verts feed on Disney+ and give creators access to approved franchise assets.
NextDesign
News Brief
Figma’s AI Growth Comes With Rising Costs
Revenue rose 48% and AI use spread across large customers, while research and development expense more than doubled from a year earlier.
NextWork
News Brief
Wall Street Firms Targeted in Phone-Based Cyberattacks
Attackers used calls to try to persuade employees at major hedge funds and private equity firms to hand over access or sensitive information.
NextWork
News Brief
Thomson Reuters Raises Forecast as Professional AI Gains Traction
Revenue rose 9% as the company lifted its full-year outlook and pointed to AI products serving legal, corporate, tax and accounting customers.
Now
News
Microsoft and Mistral Expand Partnership Around Sovereign AI
The multibillion-dollar agreement will add European computing capacity and allow Mistral models to run across cloud, customer-controlled and disconnected environments.
Now
Developing
TikTok Lays Off Nashville Staff and Plans to Close Local Office
TikTok laid off its Nashville-based workforce Wednesday and plans to close the office, reversing a significant local expansion announced two years ago.
Now
News
AI Infrastructure Boom Pushes Spending Into Chips, Power and Data Centers
Record semiconductor profits and a proposed $100 billion Kentucky data-center complex show how AI investment is expanding beyond models and software.