Meta Cuts 8,000 Jobs as AI Reorganization Accelerates
Meta Platforms launched a major reorganization on May 20, 2026, cutting roughly 8,000 jobs, about 10% of its workforce, while employees in Singapore were among the first notified. The restructuring reduces headcount while redirecting capacity toward artificial intelligence, making the move both a cost-control measure and an operational reset.
Meta to test stablecoin payments in H2 2026, leaning on third‑party partners
Meta Platforms is reportedly preparing to build infrastructure to accept stablecoin payments across its apps in the second half of 2026, with an approach centered on integrating third-party providers rather than issuing a proprietary coin. The strategic pivot is that Meta is positioning itself as an orchestrator of stablecoin payments, not an issuer—explicitly distancing the […]