AIBusinessTechnology

Market Shifts as Meta Restructures AI Division and GE Vernova Eyes OpenAI Partnership

Meta Platforms is reportedly laying off 600 employees from its AI superintelligence lab while forming a $10 billion data center joint venture. Meanwhile, GE Vernova’s CEO revealed ongoing discussions with OpenAI, hinting at potential power supply collaborations amid a broader tech sell-off.

Market Downturn and Defensive Shifts

Stocks experienced significant selling pressure on Wednesday, with profit-taking particularly affecting technology and AI infrastructure sectors, according to market analysis. The downturn reportedly extended to unprofitable, speculative stocks, while defensive sectors like consumer staples and healthcare outperformed. Analysts suggest renewed U.S.-China trade tensions contributed to the sell-off after Reuters reported the Trump administration might curb exports of products using U.S. software.

BusinessStartups

From Microsoft Layoff to Meta Hire: How Networking and Support Groups Fuel Career Resilience

A 14-year Microsoft veteran turned job loss into opportunity through strategic networking and layoff support groups. Her journey from Xbox researcher to Meta’s Reality Labs demonstrates how peer support can accelerate career transitions in turbulent tech markets.

Tech Industry Veteran Navigates Unexpected Career Transition

A former Microsoft employee’s proactive approach to her unexpected job loss led to a new position at Meta within just two months, according to reports detailing her career transition strategy. Deborah Hendersen, a user researcher who spent 14 years with the technology giant, reportedly secured the new role without ever formally applying through traditional channels.