Sunday, April 30, 2023

Sources describe how Meta's managers built "legions of kingdoms" as headcount doubled and declining morale, confidence in Zuckerberg's leadership after layoffs (Naomi Nix/Washington Post)

Naomi Nix / Washington Post:
Sources describe how Meta's managers built “legions of kingdoms” as headcount doubled and declining morale, confidence in Zuckerberg's leadership after layoffs  —  Roiled by waves of layoffs and a costly investment in the metaverse, many insiders say the Facebook founder has lost his vision — and the trust of his workforce



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...