Corporate Strategies and Employee Layoffs in Tech

Now Amazon is building some modular nuclear reactors. TSMC’s results cheer up the chips industry. Uber but for buying plane tickets. No, I mean, really, use Uber to buy plane tickets. And the controversial reason Meta is reportedly laying off some folks.

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• Lumen.me/ride

Links:

• Amazon goes nuclear, to invest more than $500 million to develop small modular reactors (CNBC)
• TSMC Hikes Revenue Outlook in Show of Confidence in AI Boom (Bloomberg)
• The FTC is finally making it easier to cancel your gym membership (The Verge)
• Uber explored takeover bid for Expedia (FT)
• Meta is laying off employees at WhatsApp, Instagram, and more (The Verge)
• Meta fires staff for abusing $25 meal credits (FT)
• Analogue’s 4K Nintendo 64 launches next year for $249 (The Verge)

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