Oracle cutting thousands in latest layoff round as company continues to ramp AI spending
Oracle lays off thousands amid AI investment surge
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The day in brief
Meta has unveiled two new styles of prescription smart glasses, the Blayzer and Scriber, designed to accommodate a wide range of vision needs. Priced at $499, these glasses feature customizable fittings and will be available for preorder starting April 14th. Additionally, an AI-powered nutrition logging feature will be integrated into the glasses later this summer.
Samsung has officially launched blood pressure monitoring for Galaxy Watch users in the US, a feature that has been available in South Korea for six years. This capability is accessible on all models starting from the Galaxy Watch 4 and requires users to calibrate their devices every 28 days with a traditional upper arm cuff for accurate readings.
Google has officially launched a feature allowing users in the US to change their Gmail address while retaining access to their old email as an alternate. This update enhances digital identity management and is part of a gradual rollout that may take time to reach all users. The feature was previously tested in other regions and is now available to all Google Account users in the US.
Fitness tracking company Whoop has secured $575 million in Series G funding, elevating its valuation to $10.1 billion. The funding round attracted notable investors, including athletes Cristiano Ronaldo and LeBron James, and highlighted Whoop's impressive growth, with bookings increasing by 103% year over year.
Nvidia Corp. has made a significant move by investing $2 billion in Marvell Technology Inc. to advance their collaboration on silicon photonics technology. This partnership aims to enhance capabilities in AI and cloud computing, focusing on high-speed, energy-efficient data transmission essential for modern applications.
Opendoor has announced its acquisition of Doma's closing and escrow business, aiming to streamline processes and reduce mortgage refinance costs for homeowners. This move is expected to save homeowners approximately $1,100 per refinance as mortgage applications have recently dropped by 20% due to rising interest rates.
Meta is currently testing a new subscription service called Instagram Plus that allows users to view stories anonymously. This feature, being trialed in Mexico, Japan, and the Philippines, also enables subscribers to create unlimited audience lists and see how many times their stories have been replayed, enhancing user engagement.
Airbnb has announced a partnership with Welcome Pickups to provide private car pickup services for international guests in 125 cities worldwide. This new feature allows guests to schedule pickups directly through the Airbnb app, enhancing their travel experience with options for meet-and-greet services upon arrival.
Apple's upcoming iOS 27 will introduce significant enhancements to the Siri and Shortcuts apps, integrating AI-driven capabilities that allow users to create custom actions using voice commands. This update aims to streamline user interaction by incorporating an upgraded Siri interface alongside the new features in Shortcuts.
Samsung is set to raise prices on its premium smartphones, including the Galaxy Z Fold 7, Flip 7, and S25 Edge, starting April 1st in South Korea. The increase will affect only the higher storage tiers, with the 512GB models rising by approximately 100,000 won (~$65) and the 1TB version of the Galaxy Z Fold 7 increasing by nearly 200,000 won (~$130), while the entry-level 256GB models will retain their original prices.
Anthropic's recent report highlights the theoretical capabilities of large language models (LLMs) in the job market, suggesting they could potentially perform up to 80% of tasks across various occupations. However, the study reveals that these projections are based on speculative assumptions and subjective evaluations, with only 2.3% of jobs currently seeing significant exposure to LLMs. The researchers caution that their findings do not imply LLMs will replace human labor but rather augment it in specific tasks.
OpenAI has introduced a Codex plugin that seamlessly integrates its AI coding assistant into Anthropic's Claude Code platform. This plugin provides features such as standard code reviews, adversarial reviews that scrutinize weaknesses, and the ability to delegate tasks to Codex in the background, all while operating on OpenAI's infrastructure. This move is part of OpenAI's broader strategy to enhance its coding tools and consolidate its offerings into a unified desktop application.
Amazon has launched a new feature for its Alexa Plus that allows users to order food from Grubhub and Uber Eats in a conversational manner, eliminating the awkwardness of traditional voice commands. This update enables users to modify their orders seamlessly during the conversation, with Alexa stepping in only when needed. The feature is part of Amazon's broader initiative to enhance Alexa's capabilities and will initially roll out to subscribers using Echo Show 8 devices and larger.
Nvidia has unveiled its DLSS 4.5 update, enhancing its Deep Learning Super Sampling technology with new AI-driven frame generation capabilities for GeForce RTX graphics cards. The standout feature, 6x Multi Frame Generation, allows users with RTX 50-series GPUs to generate five additional frames for every natively rendered frame, significantly boosting performance across more than 20 supported gaming titles while maintaining responsiveness.
Google Maps has officially rolled out its new 'Ask Maps' feature, powered by Gemini, to users in the US and India. This conversational tool allows users to pose complex, real-world questions to receive tailored recommendations, enhancing the mapping experience significantly. Google has provided example prompts to illustrate how users can leverage this feature for various needs, from dining suggestions to scenic route planning.
Microsoft is under scrutiny from the UK's Competition and Markets Authority (CMA) regarding its business software ecosystem, with an investigation set to begin in May 2026. The CMA's concerns focus on Microsoft's licensing practices in cloud services, which affect hundreds of thousands of businesses and public sector organizations in the UK. Microsoft has expressed its commitment to address these issues constructively as the CMA aims to ensure fair competition in the rapidly evolving tech landscape.
Netflix is currently testing subscription price increases of up to $3 as part of a strategy to determine how much customers are willing to pay for its streaming services. This move reflects the company's ongoing efforts to balance revenue growth with customer retention amid a competitive market landscape.
The archive
Oracle lays off thousands amid AI investment surge
Read sourceWhoop raises $575 million, eyes IPO.
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Irenic Capital Management builds stake in Snap Inc.
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Google launches cost-effective video generation model for developers.
Read sourceMeta introduces smart glasses for prescription users.
Read sourceArt schools adapt curricula to include generative AI tools.
Read sourceNomadicML secures funding to enhance data management for autonomous vehicles.
Read sourceRoku introduces Howdy app for mobile streaming.
Read sourceMeta unveils new Ray-Ban smart glasses for prescription wearers.
Read sourceOkCupid settles FTC claims over user photo sharing.
Read sourceEli Lilly acquires Centessa for up to $7.8 billion.
Read sourceANYbotics robots integrate with SAP for industrial inspections.
Read sourceAI benchmarks fail to reflect real-world performance.
Read sourceHuawei's cloud revenue declines amid AI competition.
Read sourceNASA's Artemis II launch will be filmed in immersive video.
Read sourceBlood pressure tracking now available for US Galaxy Watch users.
Read sourceNovo Nordisk introduces subscription plans for Wegovy obesity drugs.
Read sourceAlibaba's Qwen3.5-Omni learns coding from audio-visual input
Read sourceNebius announces major AI data center investment in Finland.
Read sourceAirbnb introduces private car pickups for international guests.
Read sourceAT&T introduces a unified plan for internet and wireless services.
Read sourceCalifornia establishes new AI regulations for state contractors.
Read sourceAmericans face rising gas prices amid geopolitical tensions.
Read sourceMortgage rates decline as bond yields fall.
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