Meta has laid off approximately 8,000 employees, around 10 percent of its 78,000 workforce, to offset its AI investments and other spending. The company is also reassigning more than 7,000 staffers to AI initiatives while closing 6,000 open roles.

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Xavier Niel will invest €5.1 billion through the family-owned vehicle Vega to obtain 16.2 percent of Vodafone from E&, elevating him to the operator's largest shareholder without any control ambitions. The transaction enlarges his 139-million-subscriber telecom portfolio spanning 26 countries yet leaves Free mobile plans in France untouched.
BMW has completed a $1.7 billion investment in its South Carolina plants to begin producing fully electric vehicles in the US, with the iX5 SUV starting late 2026. The move underscores the carmaker's commitment to American manufacturing and positions South Carolina as a central hub for its global EV output.
China has become the second country to recover a rocket booster after successfully capturing its Long March 10B with a net at sea on its maiden flight. The achievement advances the nation's reusable rocket technology and supports its goal of becoming a space power by 2030.