Lastest IT news

Wix reduces its workforce by 20% due to restructuring in AI and currency.

Wix has let go of 1,000 employees, representing 20% of its workforce, due to the pressure from a robust shekel and competition in the AI sector impacting the website builder. The stock has decreased by 50% in 2026 following an earnings shortfall.

Wix reduces its workforce by 20% due to restructuring in AI and currency.

Wix has cut 1,000 jobs, representing 20% of its workforce, due to the pressures of a strong shekel and competition from AI in the website building sector. The stock has dropped 50% in 2026 following a disappointing earnings report.

Wix reduces its workforce by 20% due to AI and currency restructuring.

Wix has dismissed 1,000 employees, which accounts for 20% of its workforce, due to pressure from a strong shekel and competition in the AI sector impacting the website builder. The stock has dropped 50% in 2026 following an earnings shortfall.

Wix reduces its workforce by 20% due to restructuring in AI and currency.

Wix is cutting 1,000 jobs, representing 20% of its workforce, due to pressure from a robust shekel and competition from AI in the website building sector. The stock has dropped 50% in 2026 following an earnings shortfall.

Meta is anticipated to surpass Google in digital advertising revenue by 2026.

eMarketer predicts that Meta's advertising revenue will hit $243.5 billion in 2026, exceeding Google's $239.5 billion for the first time. The transition is being propelled by Advantage+ AI automation.

Meta is poised to surpass Google in digital advertising revenue by 2026.

Emarketer forecasts that Meta's advertising revenue will hit $243.5 billion by 2026, exceeding Google's $239.5 billion for the first time. This change is being propelled by Advantage+ AI automation.

Meta is projected to surpass Google in digital advertising revenue by 2026.

Emarketer forecasts that Meta's advertising revenue will hit $243.5 billion by 2026, exceeding Google's $239.5 billion for the first time. The transition is being fueled by Advantage+ AI automation.

Meta is poised to surpass Google in digital advertising revenue by 2026.

eMarketer predicts that Meta's advertising revenue will hit $243.5 billion in 2026, exceeding Google's $239.5 billion for the first time. This change is being propelled by Advantage+ AI automation.

Meta is expected to surpass Google in digital advertising revenue by 2026.

Emarketer forecasts that Meta's advertising revenue will hit $243.5 billion by 2026, exceeding Google's $239.5 billion for the first time. The transition is being propelled by Advantage+ AI automation.

Brussels has imposed a €200 million fine on Temu under the DSA for dangerous baby toys and defective chargers.

The European Commission has imposed a €200 million fine on Temu for not stopping the sale of hazardous baby toys and defective chargers, marking the second significant enforcement measure under the Digital Services Act.

Brussels imposes a €200 million fine on Temu under the DSA for hazardous baby toys and defective chargers.

The European Commission has imposed a €200 million fine on Temu for not stopping the sale of hazardous baby toys and defective chargers, marking the second significant enforcement action under the Digital Services Act.

Brussels has imposed a €200 million fine on Temu under the DSA for selling hazardous baby toys and defective chargers.

The European Commission has imposed a €200M fine on Temu for not stopping the sale of unsafe baby toys and defective chargers, marking the second significant enforcement action of the Digital Services Act.

Meta offers AI subscription services, whereas OpenAI and xAI are entering the advertising sector.

Meta's foray into AI subscriptions and OpenAI/xAI's venture into advertising are shaping the next stage of the consumer-AI revenue model discussion. None of the three entities is at ease with this convergence.

Meta offers AI subscription services, while OpenAI and xAI venture into the advertising industry.

Meta's foray into AI subscriptions and OpenAI/xAI's venture into advertising characterize the next stage of the discussion regarding consumer-AI revenue models. None of the three entities feels at ease with this convergence.

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