| Mobile Web

Search results for Jack Dorsey

AI & Enterprise

AI rationale drives mass layoffs at tech firms, raising fears of risky gamble

More tech companies are carrying out large-scale layoffs, citing AI investment and efforts to boost efficiency, but there are doubts about whether the strategy will produce the results they want. A report said U.S. tech firms have announced 52,050 job cuts so far in 2026. The Wall Street Journal reported that companies are trying to frame the reductions as preparation for an AI-driven future, even as risks include morale damage, backlash and investor concerns.

AI & Enterprise

Billionaire Marc Andreessen says AI will create a job boom, layoff fears are wrong

Silicon Valley investor Marc Andreessen said fears that artificial intelligence will destroy jobs are fake and predicted a large job boom. He argued that higher productivity from AI will expand demand and increase employment. U.S. employment data released around the same time sent mixed signals, including a rise in long-term unemployment. Companies including Block, Crypto.com, Oracle and Mara Holdings have also reported headcount cuts tied to AI shifts.

Telecommunications & Media

Apple removes Jack Dorsey\'s P2P messenger Bitchat from China App Store

Apple has removed Jack Dorsey (잭 도시)\'s decentralised peer-to-peer messenger Bitchat from its China App Store and halted its TestFlight beta in the country, following a request from the Cyberspace Administration of China. Dorsey posted Apple’s notice on X. Apple reiterated that apps must comply with local laws and that developers are responsible for meeting legal requirements. Authorities cited concerns about opinion formation and social mobilisation under 2018 rules requiring security reviews.