01
Technology1 min read
Meta to cut ~8,000 jobs in first AI-driven layoff wave starting May
Reports say Meta will lay off about 10% of its workforce-roughly 8,000 people-in a first tranche of reductions tied to its push into AI efficiency.
Monday, April 20, 2026
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02
Politics1 min read
Congress extends surveillance powers for 10 days amid heated privacy debate
Congress passed a short-term extension of Section 702 of FISA through April 30 after long-term renewal efforts collapsed.
03
World1 min read
Israeli drone strike in Gaza kills children amid mounting humanitarian alarm
An Israeli quadcopter strike in Gaza killed a 12-year-old boy and two others, including clearly marked UNICEF aid workers in a water truck, intensifying global concern over civilian safety in the conflict.
04
Markets1 min read
Bitcoin and crypto ETFs draw biggest inflows in months, signaling renewed institutional faith
Spot crypto ETFs-particularly Bitcoin and Ethereum-saw massive inflows over the past week, the strongest since early this year. BlackRock's IBIT led the way.
05
Business1 min read
Meta extends chip deal with Broadcom to power AI expansion
Meta announced it will expand its agreement with Broadcom to build custom AI processors, aimed at supporting its growing AI infrastructure.
Politics
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Politics1 min read
White House meets Anthropic CEO as AI and national security collide
White House Chief of Staff met with Anthropic's CEO to discuss the implications of the Mythos AI model on national security.
02
Politics1 min read
Michigan pushes back against DOJ demand for 2024 ballots
Michigan's top officials rejected a Justice Department request for 2024 ballots and related materials from Wayne County, calling it unjustified.
03
Politics1 min read
Trump speeds up psychedelic drug research with fast-track order
President Trump signed an executive order to accelerate federal review and trials of psychedelics like ibogaine for severe mental illness.
04
Politics1 min read
Bipartisan senators seek $400 million for Mars sample return mission
Senators introduced a push for $400 million in FY2027 funding to keep NASA's Mars Sample Return mission on track.
Markets
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Markets1 min read
Schwab launches crypto trading as ETF flows point to divided crypto market sentiment
Charles Schwab rolled out direct Bitcoin and Ethereum trading while ETF inflows surged, highlighting growing institutional interest amid DeFi weakness.
02
Markets1 min read
Federal Reserve holds rates steady, keeping cautious rate-cut outlook
Fed left short-term interest rates unchanged at 3.50-3.75%, flagged only one rate cut expected in 2026, and Powell said he'll stay on until successor confirmed.
03
Markets1 min read
Citigroup cuts Bitcoin and Ether forecasts amid U.S. crypto legislation stall
Citigroup trimmed its 12-month price targets for Bitcoin and Ethereum, citing delays in U.S. crypto regulatory action.
04
Markets1 min read
US stock futures plunge after Trump orders Strait of Hormuz blockade
U.S. stock futures fell over 1% after President Trump announced a blockade of the Strait of Hormuz, spooking energy markets.
World
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World1 min read
Czech Republic offers silent radar to reopen Strait of Hormuz safely
The Czech prime minister said his country will provide a passive (non-emitting) surveillance radar system to help secure shipping through the blocked Strait of Hormuz.
02
World1 min read
US-Iran ceasefire talks collapse in Islamabad, raising global economic risks
Ceasefire negotiations between the U.S. and Iran in Pakistan ended without agreement, casting doubt on stability of the truce set to expire April 22.
03
World1 min read
U.S.-Iran peace talks in Islamabad collapse, ceasefire hangs by a thread
After 21 hours of marathon negotiations in Islamabad on April 11-12, the U.S. and Iran left without a peace deal, leaving the fragile ceasefire, due April 22, on shaky ground.
04
World1 min read
U.S. Navy to impose limited blockade on Iran's ports after failed talks
Immediately following the failed talks, President Trump announced the U.S. Navy will begin blockading Iranian ports-but will allow non-Iranian vessels to transit the Strait of Hormuz.
Business
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Business1 min read
China Q1 growth forecast rebounds to 4.8% but future risks loom
Economists estimate China's GDP growth in Q1 rebounded to 4.8% year-over-year, though risks from higher oil prices and the Middle East conflict threaten the outlook.
02
Business1 min read
ASML lifts 2026 revenue forecast on surging chip-tool orders
ASML raised its full-year 2026 revenue outlook after a wave of new orders from chipmakers pushing AI production.
03
Business1 min read
Sysco agrees to buy Jetro Restaurant Depot for roughly $29 billion
Sysco will acquire Jetro Restaurant Depot in a $29.1 billion deal, expanding its reach into the cash-and-carry wholesale food segment.
04
Business1 min read
Intel repurchases $14.2 billion stake in Irish Fab 34 to realign capital
Intel will buy back Apollo's 49 percent equity stake in its Fab 34 semiconductor facility in Ireland for $14.2 billion, unwinding its financing deal from 2024.
Technology
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Technology1 min read
Meta quietly trimmed hundreds already to fuel AI push
Meta has already cut about 700 staffers across Reality Labs, recruiting, social media and other areas to redirect spending into AI.
02
Technology1 min read
Egypt and Russia scale open-to-AI battle: hackers speed, defenders respond with AI
Cybersecurity is now a two-sided AI arms race: attackers use AI to probe and breach faster, defenders fight back with AI-powered detection.
03
Technology1 min read
Epic Games cuts over 1,000 jobs amid flagging Fortnite engagement
Epic Games announced layoffs of over 1,000 employees-roughly 23% of its staff-as Fortnite engagement dropped.
04
Technology1 min read
AI startup Anthropic closing fast on OpenAI in enterprise spending
Data shows enterprise billing for Anthropic nearly matches OpenAI: 30.6% vs 35.2%, suggesting it could surpass its rival soon.