Updated Jun 18
Jun 14, 2026
Bay Area Tech Layoffs Hit 9,284 in 2026, Already Topping H1 2025
Bay Area tech companies have cut 9,284 jobs so far in 2026, already surpassing the roughly 4,700 cuts from the first half of 2025. The latest wave includes 370 positions across ServiceNow, Salesforce, Ubisoft, Quizlet, and Verily Health.
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Jun 14, 2026
Meta Engineers Call AI Unit a ‘Gulag’ as Zuckerberg Admits Mistakes
Meta funneled 6,500 engineers into a new Applied AI unit three months ago. Now workers call it 'the gulag,' a livestream was hijacked by a furious employee, and Mark Zuckerberg is in damage-control mode, admitting the company made mistakes and ruling out more layoffs for 2026.
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Jun 9, 2026
AI Drives 40% of US Job Cuts in May as 97,000 Positions Eliminated
AI was cited as the primary reason for 40% of all US job cuts in May 2026, according to the Challenger Report, with 97,006 positions eliminated overall. A separate Mercer survey found 99% of CEOs expect AI-driven layoffs within two years, as the technology sector alone shed 38,242 jobs — the highest monthly total since August 2024.
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Apr 10, 2026
Meta's Muse Spark Takes the App World by Storm, Secures Top Ranks on App Store
Meta's latest AI model, Muse Spark, has made waves in the tech community, propelling the Meta AI app to a remarkable No. 6 in US Apple App Store free app rankings. This unprecedented surge in downloads showcases the significant impact of Meta's novel AI venture. Fueled by an 87% day-over-day download increase, the app's performance marks a significant milestone in Meta's strategic shift towards proprietary AI tools. The release has not only bolstered Meta's stock but also nudged investors and analysts to reconsider the tech giant's position in the AI sphere.
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Apr 3, 2026
Elon Musk's SpaceX Eyes the Stars with IPO and Orbit Data Centers
Elon Musk has set a new trajectory for SpaceX with plans to launch AI-driven orbital data centers powered by constant solar energy, aiming to bypass Earth's power constraints. SpaceX's confidential IPO filing this summer and recent xAI merger underscore this ambitious vision. However, experts remain skeptical about achieving cost parity with terrestrial systems within Musk's 2-3 year timeline.
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Mar 30, 2026
Tesla and SpaceX Join Forces for Terafab: A Chip Revolution!
Tesla, SpaceX, and xAI, under the helm of Elon Musk, have announced the Terafab project, a $20-25 billion mega chip fabrication facility set to be built in Austin, Texas by March 2026. This ambitious project is poised to revolutionize AI chip manufacturing, targeting massive production scales to alleviate supply shortages for Tesla vehicles, Optimus robots, and SpaceX's orbital data centers. The facility aims for vertical integration, from design to packaging, with groundbreaking production goals using cutting-edge 2nm technology. Can Musk deliver on this ambitious venture?
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