Jonathan Wong
The Latest
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Apple Cuts at Least 60 Vision Jobs as AI and Siri Take Priority Over Next Vision Pro
Apple has laid off at least 60 employees connected to its Vision organization, according to AppleInsider, the latest sign that the iPhone maker is scaling back its near-term ambitions for the Vision Pro headset while directing more resources toward generative artificial intelligence, Siri and smart glasses. 
Apple has laid off at least 60 employees connected to its Vision organization, according to AppleInsider, the latest sign that the iPhone maker is scaling back its near-term ambitions for the Vision Pro headset while directing more resources toward generative artificial intelligence, Siri and smart glasses. -
Walmart Stock Plunges 7.5% Despite 5.9% Revenue Growth and Higher Full-Year Outlook
Walmart shares tumbled about 7.5% in premarket trading Thursday despite stronger-than-expected quarterly results and an improved full-year forecast, as investors focused on softer U.S. comparable sales and signs that consumers remain under pressure from higher living costs. 
Walmart shares tumbled about 7.5% in premarket trading Thursday despite stronger-than-expected quarterly results and an improved full-year forecast, as investors focused on softer U.S. comparable sales and signs that consumers remain under pressure from higher living costs. -
Trump’s Swollen, Bruised Hand Draws Attention as White House Points to Aspirin and Handshaking
President Donald Trump displayed a visibly swollen and bruised right hand during two White House appearances this week, renewing attention on a condition the administration has previously attributed to frequent handshaking and his long-term daily use of aspirin. 
President Donald Trump displayed a visibly swollen and bruised right hand during two White House appearances this week, renewing attention on a condition the administration has previously attributed to frequent handshaking and his long-term daily use of aspirin. -
43% of Managers Using AI for Layoffs Let Algorithms Make Final Decisions Without Human Review
Artificial intelligence is moving deeper into one of corporate America's most consequential decisions: who gets fired. A July survey found that 59% of managers who responded use AI when making layoff decisions, while 43% of those users said they had allowed the technology to make a final termination decision without human review. 
Artificial intelligence is moving deeper into one of corporate America's most consequential decisions: who gets fired. A July survey found that 59% of managers who responded use AI when making layoff decisions, while 43% of those users said they had allowed the technology to make a final termination decision without human review. -
Anthropic Revenue Surges Past $11.5 Billion as Blockbuster IPO Takes Shape
Anthropic generated more than $11.5 billion in preliminary second-quarter revenue, a more than 14-fold increase from a year earlier, as the Claude developer moves closer to a potential initial public offering that could become one of the largest technology listings on record. 
Anthropic generated more than $11.5 billion in preliminary second-quarter revenue, a more than 14-fold increase from a year earlier, as the Claude developer moves closer to a potential initial public offering that could become one of the largest technology listings on record. -
Elon Musk Says AI Could Become 99% of SpaceX’s Value, With Revenue Set to Overtake Other Businesses by September
Elon Musk is predicting a rapid transformation at SpaceX, telling employees that artificial intelligence could generate more revenue than all of the company's other businesses combined as soon as September and eventually account for 99% of its value, an extraordinary shift for a company built around rockets, satellites and Starlink connectivity. 
Elon Musk is predicting a rapid transformation at SpaceX, telling employees that artificial intelligence could generate more revenue than all of the company's other businesses combined as soon as September and eventually account for 99% of its value, an extraordinary shift for a company built around rockets, satellites and Starlink connectivity. -
iPhone 18 Pro Component Costs Could Jump 38%, but Apple May Absorb Part of the Increase
Apple could face a roughly 38% year-over-year increase in the bill of materials for the 256GB iPhone 18 Pro, according to TrendForce, as sharply higher memory prices reshape the economics of its flagship smartphone. The cost surge raises the odds of a retail price increase, but the research firm says Apple may absorb part of the pressure through lower gross margins rather than pass the entire increase on to consumers. 
Apple could face a roughly 38% year-over-year increase in the bill of materials for the 256GB iPhone 18 Pro, according to TrendForce, as sharply higher memory prices reshape the economics of its flagship smartphone. The cost surge raises the odds of a retail price increase, but the research firm says Apple may absorb part of the pressure through lower gross margins rather than pass the entire increase on to consumers. -
Tech Layoffs Hit 125,759 in 2026, Already Surpassing All of Last Year
Technology companies have eliminated more jobs in the first seven months of 2026 than during all of last year, extending a restructuring wave that is increasingly hitting workers even as some of the industry's largest employers report rising revenue and invest heavily in artificial intelligence. 
Technology companies have eliminated more jobs in the first seven months of 2026 than during all of last year, extending a restructuring wave that is increasingly hitting workers even as some of the industry's largest employers report rising revenue and invest heavily in artificial intelligence. -
SpaceXAI Faces More Than $136 Million in Contractor Lien Claims Over Memphis AI Data Centers
SpaceXAI is facing more than $136 million in mechanic's lien claims tied to construction of its artificial intelligence data centers in the Memphis area, after an Ohio-based contractor alleged it has not been paid for work performed on the company's rapidly expanding Colossus facilities. 
SpaceXAI is facing more than $136 million in mechanic's lien claims tied to construction of its artificial intelligence data centers in the Memphis area, after an Ohio-based contractor alleged it has not been paid for work performed on the company's rapidly expanding Colossus facilities. -
Jeff Bezos Plans $4 Billion Amazon Stock Sale as Jim Cramer Warns Move Is a 'Buzzkill' After Earnings Rally
Amazon Executive Chairman Jeff Bezos plans to sell approximately 15 million Amazon shares valued at more than $4.07 billion, according to a Form 144 filing with the U.S. Securities and Exchange Commission, a move that drew immediate attention from investors after the company's blockbuster quarterly earnings report and a sharp rally in its stock price. 
Amazon Executive Chairman Jeff Bezos plans to sell approximately 15 million Amazon shares valued at more than $4.07 billion, according to a Form 144 filing with the U.S. Securities and Exchange Commission, a move that drew immediate attention from investors after the company's blockbuster quarterly earnings report and a sharp rally in its stock price.
