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Meta to cut 10% of workforce as AI spending surges

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Open-access content Jack Loughran

Fri 24 Apr 2026

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Virgin Galactic has ramped up its ticket prices for trips to suborbital space to $750,000 (£568,000) per person ahead of plans to relaunch commercial flights in the autumn.

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The Civil Aviation Authority has rejected efforts from Heathrow to significantly raise its landing fees to fund a series of upgrades to the airport.

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OpenAI has confirmed it will shut down its AI video generation platform Sora after just two years as the firm looks to refocus its resources on its core product ChatGPT.

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Tim Cook is to resign as Apple CEO, with head of hardware engineering John Ternus succeeding him on 1 September.

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OpenAI has published a policy document to help ensure the economic benefits of AI are shared with human workers.

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The recent Artemis II mission around the Moon has proven the reliability of relatively cheap, laser-based communication technology for space missions, a space research and technology company has said.

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Industries that continue to rely on fossil fuels without major efforts to electrify will risk recurring price shocks in the future, a University of Oxford analysis has found.

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The EU’s total greenhouse gas emissions have now fallen by 40% since 1990, according to official data.

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Uber will invest up to $1.25bn (£930m) in electric vehicle maker Rivian as part of a deal to deploy 50,000 autonomous robotaxis across 25 cities in the US, Canada and Europe.

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Measures aimed at attracting and retaining girls and women in the tech sector have been launched by the Department for Science, Innovation and Technology.

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The UK is losing more jobs to AI and at a faster rate than its international peers, according to research by Morgan Stanley.

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Meta has announced plans to shut down its virtual reality platform Horizon Worlds as the company continues to pivot away from the metaverse.

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Relocating Venice to a new site has been mooted as one possible option to protect it from rising sea levels as the increasing number of flooding events threaten to overwhelm the city’s infrastructure.

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Solar geoengineering has the potential to boost plant growth and carbon storage in the Amazon, according to a study.

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