Fox to acquire Roku in  billion deal

Fox to acquire Roku in $22 billion deal

Fox confirmed Monday that it is acquiring streaming company Roku in a stock and cash deal valued at around $22 billion. Fox said the deal would create a media and technology company positioned around two trends reshaping video consumption: the continued appeal of live...
The AI layoff wave is becoming a powder keg

The AI layoff wave is becoming a powder keg

Something strange is happening in tech right now. Companies are posting record profits and revenue while laying off tens of thousands of people, citing AI as the official explanation. So far this year, there have been an estimated 363 layoffs at tech companies this...