Meta to Build $10 Billion Global Subsea Cable, Avoiding Geopolitical Hotspots
Meta plans to invest $10 billion in a 40,000+ km subsea cable network, avoiding areas of geopolitical tension, to prioritize traffic to its own products and services.
The tech industry was abuzz with news of layoffs, controversies, and innovations this week. Meta, the parent company of Facebook, Instagram, and WhatsApp, confirmed layoffs across multiple teams, including Reality Labs, Instagram, and WhatsApp, in a bid to reallocate resources. Meanwhile, AWS CEO Matt Garman sparked debate with his comments on remote work, telling employees to return to the office or quit.
In other news, Waymo made headlines for giving a software engineer promo codes for free rides as an apology for late-night honking caused by their self-driving cars. However, the engineer's attempt to use the codes for a 24-hour ride was cut short.
Tesla's Cybertruck faced criticism in Europe, with transportation organizations claiming its design violates safety standards and poses a risk to pedestrians and cyclists. The company also showcased its Optimus robot, which was revealed to be remotely operated by humans.
Other notable stories included the feud between WordPress and WP Engine, OpenAI's preview of a dedicated Windows app for ChatGPT, and X's updated privacy policy, which would allow third-party collaborators to train AI models on user data.
Meta plans to invest $10 billion in a 40,000+ km subsea cable network, avoiding areas of geopolitical tension, to prioritize traffic to its own products and services.
Furno, a startup revolutionizing cement production, secures $20 million grant from the Department of Energy to build micro-kilns in Chicago, promising to reduce pollution and create jobs.
Aliko Dangote, Africa's wealthiest man, is riding high on a wave of newfound riches
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