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Mark Zuckerberg and Meta face first tough test after layoffs

Earlier this year, Meta cut thousands of employees and told investors the reductions were necessary to fund its AI ambitions. The company redirected that payroll into infrastructure, researchers, and models designed to compete with OpenAI, Anthropic, and Google. Mark Zuckerberg called it the most important investment Meta would ever make. The first real test of

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Broadcom CEO drops unexpected message on AI and software

There’s a fear quietly spreading through enterprise software circles — that agentic AI is coming for the business model. Why pay for software licenses when AI can write, replace, or automate what that software does?  It’s a legitimate question. And 65-year-old Broadcom (AVGO) CEO Hock Tan just answered it with unusual directness. We’re not seeing

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SoftBank’s PayPay sends message to investors with $840M deal

PayPay, listed on the Nasdaq less than three months ago, has already made a move that reshapes investor expectations. SoftBank Group’s Japanese payments subsidiary announced on June 4 that it will acquire a 70.2% controlling stake in T&D Financial Life Insurance. The total estimated price, including acquisition expenses, comes to roughly $840 million, according to

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