IBM Completes Buyout of Confluent in $11B Deal

IBM today (on March 17, 2026) completed the acquisition of Confluent, Inc., for approximately $11 billion in cash. According to Confluent’s latest financial filings (released in February 2026), the company reported a total of $1.17 billion in revenue for … Read more

Meta 2026 Layoffs Hit 20% of Its Workforce or 16000 Jobs

Meta plans to downsize headcount significantly to address rising costs linked to artificial intelligence (AI) infrastructure, according to multiple sources, including Reuters. In 2026, Meta is reportedly planning a major round of layoffs that could affect … Read more