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Skydance's market capitalization, after it merged Paramount and Warner Bros. Discovery, has fallen to $36.6 billion, less than half of their previous combined market capitalization.
Skydance shares dropped 22% after the company issued warrants to purchase the new company's shares to Paramount shareholders.
Microsoft wants to lay off 27% of employees as AI rolls out38
🍏 Apple officially unveiled the first-ever MacBook Pro with a touch OLED screen and Dynamic Island. The iconic illuminated Apple logo is also making a…37Today we're sending another 100 new invitations to the IT Community beta!31
Google introduced Gemini 4 Carbon, a new flagship AI model that reportedly outperformed GPT-6 Astra and Claude Fable 5.1.27👀 Anthropic says it has an internal model that outperforms Mythos 5.1 in both capabilities and alignment. This follows from a re-analysis of a cybersecurity…30
🔻 The wave of layoffs in major companies, long predicted due to AI, is now a reality — over the past few days, four giants announced mass cutbacks all at once:19
