Meta Platforms Inc. is planning to cut thousands of jobs as early as this week, according to Bloomberg sources. The expected layoffs are in addition to the more than 11,000 jobs Meta eliminated in November. More: - According to Bloomberg, the additional job cuts are part of Meta's efforts to shift to a "more efficient organization."
- Sources said executives would seek to finalize the layoff plans in the next few days, before CEO Mark Zuckerberg goes on parental leave. Zuckerberg and his wife Priscilla Chan are expecting a third child soon.
- A Meta spokesperson declined to comment but cited prior comments by Zuckerberg about Meta's plans to make 2023 the "Year of Efficiency."
- The social network plans to be "more proactive" in making cuts to underperforming projects or those that aren't as "crucial," the CEO said at the time.
Zoom Out: - Previous reports said Meta could announce job cuts after it completes staff performance reviews in March.
- In February, Meta reported $32.2B in revenue, marking a 4% drop from the year earlier and its third straight quarter of falling sales.
BLOOMBERG 
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 Apple announced a new yellow color option for the iPhone 14 and iPhone 14 Plus. The company typically launches a new color for its latest iPhone models in the spring, which can help increase sales during the halfway point of the phone's product cycle. More: - The yellow version of the iPhone 14 and iPhone 14 Plus will open up for pre-orders this Friday, March 10, and be available online and in stores on Tuesday, March 14.
- It joins the existing colors of midnight (black), starlight, red, blue, and purple for the iPhone 14 and 14 Plus.
- The company noted that it's not releasing any new color options for the most expensive iPhone 14 Pro and iPhone 14 Pro Max.
- The Pro Max has been the most popular of all the iPhone 14 models. In September, October, and November, it was the best-selling smartphone out of any models worldwide.
Zoom out: - Apple introduced an Alpine green color for the iPhone 13 Pro models in 2022 and purple for the iPhone 12 and iPhone 12 mini in 2021.
- Also today, Apple announced four new colors — Canary Yellow, Olive, Sky, and Iris — for its iPhone 14 and iPhone 14 Plus silicone cases.
CNN
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TikTok said it's adding a new feature for creators to charge for access to premium video collections. Called Series, the program lets select creators post collections of up to 80 videos behind a paywall. The videos are allowed to be up to 20 minutes long each, higher than the 10-minute limit allowed for most other videos. More: - TikTok said Series will give viewers “a new, longer format to watch their favorite creators and content."
- Because the premium content is behind a paywall, the videos aren't as shareable and won't appear in a user's recommendations.
- Creators are permitted to charge one-time payments of $0.99 to $189.99 to access one collection.
- Upon launch, TikTok said it's letting creators keep all of the revenue generated from Series videos, with the exception of processing and app store fees.
- It hasn't revealed what the revenue split will be once that promotion expires.
Zoom Out: - The new long-form content could help TikTok further compete against YouTube.
- The Google-owned platform has taken various actions to draw in more creators from TikTok. In February, YouTube began sharing ad revenue with some of its short-form video creators via its new Partner Program.
DIGITAL TRENDS
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Best Buy's staff technology experts will set up virtual hospital rooms inside patients' homes as part of a new deal struck with North Carolina-based Atrium Health. The electronics retailer and healthcare company have partnered to improve the "care-at-home" experience. More: - Under the partnership, Best Buy’s Geek Squad will set up technology inside people's homes to monitor their heart rates, blood oxygen, and other vital signs.
- Health care providers will have access to that patient data via a telemedicine hub provided by Best Buy's enterprise remote care management platform, Current Health.
- Atrium will purchase the healthcare technology from Best Buy and rely on Geek Squad to install and retrieve the devices.
- The healthcare system, part of Advocate Health, will also handle the billing and insurance.
Zoom Out: - Both companies already introduced at-home care programs during the pandemic.
- Atrium launched its "hospital-at-home program" for COVID patients in March 2020 and has expanded it to cover other conditions.
- Best Buy acquired Current Health for nearly $400M in 2021. Since last month, it has been installing virtual care systems at patient homes for hospitals in North Carolina.
BARRON's
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Uber is adding airport navigation to its app. The company said it's launching walking instructions within its app that will guide riders from airport landing gates to their ride pick-up locations. More: - The step-by-step instructions will include both photos and text to help users navigate through more than 30 U.S. and international airports and fund their Uber drivers.
- Additionally, Uber said it will now begin estimating walking ETAs, including the time it takes to get to baggage claims, at 400+ airports.
- The goal is to help riders and drivers locate each other more easily and reduce idling and traffic congestion at airports, Uber said.
- The first U.S. airports to get the features include ATL, BWI, BOS, DFW, ORD, LAX, MIA, JFK, SFO, DCI, and others.
- Internationally, the instructions will roll out to BLR, DEL, LHR, MAD, MEX, CDG, FCO, CGH, SYD, and others.
Zoom Out: - The company is also adding new options for its pre-booking feature, Uber Reserve.
- Customers can now book rides up to 90 days in advance, up from 30 days. Reserve is also expanding to most cities in the U.S. and Canada.
AXIOS
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Microsoft announced new artificial intelligence tools to handle repetitive business tasks. The tech giant unveiled Dynamics 365 Copilot, an AI-powered suite of customer relationship management (CRM) tools and enterprise resource planning (ERP) tools. More: - Microsoft is now offering the "Copilot" version of Dynamics 365, its business management platform, to automate some customer service, marketing, and sales tasks.
- This includes the ability for the AI assistant to write email responses, draft chat and email answers, and produce email summaries or Teams meeting in Outlook.
- Separately, Microsoft launched new AI features within its Power Platform, its low-code applications for developing apps, workflows, and more.
- For example, the AI Builder feature, which automates business workflows, has also added a new content generator.
Zoom Out: - Microsoft is also hosting a "Future of Work with AI" event on March 16, when it could demo new AI integration with Office apps such as Word, PowerPoint, and Outlook.
- For example, AI in Outlook could be used to improve search results and suggest replies to emails.
- In Word, Microsoft is looking into how GPT technology could suggest alternative words and phrases while the user types.
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- Australian software maker Atlassian said it will cut about 5% of its workforce, or 500 jobs, to better focus on IT service management and other key priorities.
- Sonos says its speakers will support spatial audio via Apple Music starting on March 28.
- A Canadian couple lost $21,000 after a scammer requested the funds using an AI-generated version of their son's voice.
- Honda unveiled the third-generation version of its Autonomous Work Vehicle. The new prototype can travel 10 mph and carry two pallets and up to 2,000 lbs.
- Samsung submitted a trademark application to the U.S. Patent and Trademark Office for "Galaxy Glasses." The Korean tech giant trademark filing includes "virtual reality headsets, augmented reality headsets, headphones, smartphones, and smart glasses."
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 |  | Beth is a writer and editor at Inside.com covering artificial intelligence and daily technology news. She has written the Inside AI newsletter since 2019. You can reach her at Beth.Duckett@inside.com. |   | | Editor | Eduardo Garcia is a writer and editor based in New York. He is the author of "Things You Can Do," an illustrated book about climate action. Bylines in The New York Times, The Guardian, Slate, Scientific American, and others. In one of his previous lives, Eduardo worked as a Reuters correspondent in Latin America for nearly a decade. | |
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