INSTAGRAM LAUNCHES INSTANTS APP FOR EPHEMERAL PHOTOS
■ AI-SUMMARIZED FROM 2 SOURCES BELOW
Instagram rolled out Instants, a standalone app for sharing disappearing photos, in Italy this week. The app follows a feature test within Instagram's main platform across select regions.
■ MORE FROM THE BIG TECH DESK
Intel delivered a strong earnings beat and raised its sales forecast, citing gains from the AI infrastructure buildout. The broader market declined as geopolitical tensions weighed on investor sentiment.
Blackstone President Jon Gray identified artificial-intelligence infrastructure build-out as the firm's single biggest growth driver, underscoring the investment sector's pivot toward AI-related assets.
Microsoft is offering voluntary severance packages to approximately 7% of its US employees as part of workforce restructuring efforts. The buyout program aims to reduce headcount while avoiding involuntary layoffs.
Microsoft is offering voluntary buyouts to up to 7% of its US workforce in the company's first-ever voluntary retirement program. Eligible employees must be at the senior director level or below with combined years of employment and age totaling 70 or higher.