Trump’s Approval Drops to New Low, and Condom Prices Rise Because of the War
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What are the latest layoffs at Meta and their impact on the tech industry?
Hey, it's Ben Fruman, editor-in-chief of Wirecutter. We put together the ultimate moving guide, and I wanted to find out a few of our writers' favorite tips.
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From the New York Times, it's the headlines. I'm Tracy Mumford. Today's Friday, April 24th. Here's what we're covering. For decades out here, the old saying that everyone at every tech company used was learn to code. It was like this insurance policy almost.
What are the details of the ceasefire extension between Israel and Lebanon?
If you know how to write software, you're safe for good. And that is now very quickly going obsolete. My colleague Mike Isaac covers Silicon Valley, which this week has been rocked by major layoff plans as the rush to build AI upends the tech industry. The Times got access to an internal memo that was sent around yesterday at Meta, the parent company of Facebook and Instagram. It announced it's going to cut 10% of its workforce, about 8,000 people. It's also going to leave another 6,000 open roles unfilled. Part of this is specific to Meta. They spent the past 10 years building virtual reality headsets for the Metaverse and happened to miss the huge wave of artificial intelligence that hit the Valley a few years ago.
And they need to cut their spending in a big way in order to build better AI systems. But I think this is really also indicative of a broader trend across Silicon Valley right now. You have basically every big tech company working on building AI that could do coding and software engineering on its own rather than requiring engineers necessarily to do that, which ultimately means it could be putting a lot of the people that are building these products out of the job. You also have every big tech company from Google to Amazon to Microsoft spending billions of dollars on data centers, the stuff that essentially powers AI and makes it work. That stuff costs a lot of money, and all of these companies are trying to reduce the number of employees that work for them in order to continue affording to pay for what they think will be the future.
Meta's internal memo acknowledged that the need for new investments is driving these cuts, with an executive writing, quote, Yesterday, Microsoft also signaled it's trying to lower its headcount as it goes all-in on AI. It said it was offering buyouts to 7% of its U.S.
How low has Trump's approval rating dropped and what are the implications?
workforce. And in the last few months, Amazon trimmed roughly 30,000 corporate jobs. At the White House yesterday, President Trump announced a three-week extension of the ceasefire intended to stop the fighting between Israel and Hezbollah, the Iran-backed militant group in Lebanon.
They've agreed to an additional three weeks of ceasefire. I guess no firing ceasefire. No more firing.
Trump was flanked by diplomats from Israel and Lebanon. But the success of any truce will also depend on the cooperation of Hezbollah, which was not part of the talks. After the original ceasefire began a week ago, Israeli airstrikes and Hezbollah attacks largely dropped off, though they did not stop completely. In one deadly incident, Israeli strikes killed a reporter and injured a photographer in southern Lebanon. According to Lebanese officials, Israeli forces targeted the journalists, first striking a car right in front of them, then hitting a nearby house they took shelter in. First responders said their rescue teams had to retreat after they came under fire when they tried to reach the injured journalists.
A spokeswoman for the Israeli military said it hadn't prevented rescuers from reaching them and said that the car that was hit in the initial strike had emerged from a building used by Hezbollah.
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Chapters
8 chapters
1
What are the latest layoffs at Meta and their impact on the tech industry?
0:00–0:53
2
What are the details of the ceasefire extension between Israel and Lebanon?
0:53–2:53
3
How low has Trump's approval rating dropped and what are the implications?
2:53–4:46
4
Why are condom prices increasing due to the war in the Middle East?
4:46–6:48
5
What insider trading allegations are connected to the Maduro operation?
6:48–8:45
6
How does new gene therapy restore hearing in children with deafness?
8:45–10:03
7
What are the recent trends in fireball sightings reported by the American Meteor Society?
10:03–11:05
8
What unique British insults are being documented by researchers?
11:05–15:17
Speakers
4 identifiedMore from The Headlines
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Fuel Riots Spread Around the World, and Trump Approves $2.8 Billion Arms Sale to Israel
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