Meta began laying off thousands of workers on Wednesday, with plans to axe 10% of its staff to offset AI costs, and move another 7,000 into AI-focused roles. The market may respond positively when tech companies cite AI for layoffs — Meta’s shares went up Wednesday — but the industry-wide ...
Day: May 21, 2026
Nvidia beats on earnings, but faces headwindsNvidia beats on earnings, but faces headwinds
Nvidia’s revenue topped estimates for the latest quarter, the chip giant reported Wednesday, but it faces challenges ranging from macroeconomic headwinds and its China business to sky-high market expectations. Despite its blockbuster earnings streak, Nvidia shares have tumbled following the past three quarterly reports. “Analyst expectations may have hit unattainable ...
Western nations let Russia in from the coldWestern nations let Russia in from the cold
Energy price spikes from the Iran war are forcing Western countries to let Russia in from the cold. The US extended Russian oil waivers this week, and the UK on Tuesday softened sanctions on jet fuel refined in third countries using Russian oil, imports of which were banned since the ...
OpenAI, SpaceX IPOs on deckOpenAI, SpaceX IPOs on deck
The market is bracing for two massive initial public offerings from two tech rivals. Elon Musk’s SpaceX on Wednesday officially disclosed plans to list on the Nasdaq. But OpenAI, led by Sam Altman, who this week fended off a lawsuit from Musk — threatens to steal the thunder from SpaceX, ...
Why the fight over abortion pills is only just beginning – Stateside with Kai and CarterWhy the fight over abortion pills is only just beginning – Stateside with Kai and Carter
The US supreme court has preserved nationwide access to mail-order abortion pills – for now. As Carter Sherman explains, the fight to protect this medication is far from over, as a nationwide, near-total abortion ban could be on the horizon. Carter speaks with Dr Angel Foster, co-founder of the Massachusetts ...
Have I been drying myself all wrong? My investigation into absolutely massive ‘bath sheets’Have I been drying myself all wrong? My investigation into absolutely massive ‘bath sheets’
The F-150 of towels promises more drying capacity than the pathetic cotton rag in your bathroom could ever provide. Are they any good? The best bath towels of 2026 in the US, from fluffy to quick drying – tested Sign up for the Filter US newsletter, your weekly guide to ...
‘Spooks hotel’: inside the five-star nerve centre of the US takeover of Venezuela‘Spooks hotel’: inside the five-star nerve centre of the US takeover of Venezuela
Diplomats, businessmen and US marines mingle at the JW Marriott hotel in Caracas as deals are done and the country’s resources divvied up Over breakfast in one of the swankiest hotels in Caracas, you can hear them mulling Venezuela’s past, present and future in sporadically hushed tones. As diners tuck ...