Click any tag below to further narrow down your results
Links
Republicans are discussing cuts to federal health spending to fund a budget bill for the Iran war, which could total $200 billion. These proposed changes may face backlash in an election year as they could lead to more uninsured individuals and higher out-of-pocket costs.
Mark Zuckerberg intends to significantly reduce funding for Meta's metaverse efforts, possibly slashing the budget by 30%. This could lead to layoffs in the metaverse group as early as January. The cuts affect initiatives like Meta Horizon Worlds and the Quest VR unit.
Meta's new AI team, led by Alexandr Wang, is clashing with existing executives who focus on the social media side of the business. The AI researchers aim for groundbreaking developments, leading to budget cuts in other departments, notably Reality Labs. This has created a divide within the company.
The White House has proposed a $491 million budget cut for the Cybersecurity and Infrastructure Security Agency (CISA), arguing that the agency had strayed from its core mission and become overly focused on censorship. The cuts aim to eliminate perceived inefficiencies and refocus CISA on essential cyber defense tasks.