#Tech Industry

According to S&P Global Market Intelligence, nearly half of AI projects fail. The list of failures includes Character.ai, Humane AI Pin, Rabbit R1, and discontinued products from OpenAI, Apple, and Microsoft.

According to Omdia, global smartphone shipments in Q3 2026 dropped 20% to 254.7 million units — the worst result for this period since 2013. Component shortages and rising prices are hitting emerging markets as industry leaders restructure their product strategies.

🇨🇳 By 2026, Microsoft reduced its presence in China: 15 branches closed, exit from retail and production. 📉 Key facts: - Reduction of 2,000+ jobs at partner Wicresoft and 400 Azure employees. - Production of Surface and Xbox moved out of the PRC. - China's share of revenue dropped to 1.5%. ☁️ But the company is not leaving completely: retains business with ByteDance and Shein, and access to OpenAI models for Chinese corporations. Strategy: risk minimization while maintaining profitability.

🚨 Brad Lightcap leaves OpenAI! One of the company's longest-serving top executives is departing to start a new project. This comes amidst preparations for an IPO and a series of resignations of other key figures, including Fidji Simo and Bill Peebles. Is the era of the 'old guard' coming to an end? 🤖💼 #OpenAI #BradLightcap #AI #IPO

📉 Behind Microsoft's success lies a dependence on OpenAI: 70% of AI revenue is simply payment for infrastructure for a loss-making lab. Stocks rose by 30%, but the risks are colossal. 🧠

🚀 Meta CTO Andrew Bosworth gave a harsh response to an employee requesting more days off thanks to AI. He called the idea "stupid" and stated that technology is needed to increase workload, not for leisure. 🗣️ "Ask your parents about career growth" — that's how Bosworth responded to the question about reviving the "Meta Days" program. Later, he apologized for the harshness. 📉 While Jeff Bezos predicts a rise in single-income households, Meta chooses the path of labor intensification. AI should create more products, not free time. #Meta #AI #Labor #Bosworth #Technology