Information sector lost 23,000 jobs in August as AI reshapes work
The information sector lost 23,000 jobs in August, but the data do not show AI caused the decline. BLS projections point to uneven effects across work.
Technology
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Google Must Change Ad-Tech Tools, but Judge Rejects Breakup
A federal judge ordered Google to make parts of its ad-tech system work with rivals but rejected a forced sale. Detailed remedy terms remain partly sealed.
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Small businesses using AI hired faster, Gusto analysis finds
A Gusto analysis links AI adoption with faster headcount growth at small businesses, especially firms with fewer than 10 employees, but does not prove causation.
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FCC expands equipment-security rules and marketplace FCC ID duties
A new FCC rule targets certain Covered List components and phases in online FCC ID requirements for many certified wireless devices in 2027.
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Oracle Raises Restructuring Estimate to About $2.8 Billion
Oracle added about $700 million to its estimated restructuring plan as AI-cloud demand drove record backlog, heavy capital spending and negative free cash flow.
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DOJ’s algorithmic-rent case expands with proposed Pinnacle limits
A proposed DOJ decree would restrict Pinnacle’s use of rivals’ private rental data and some pricing software, but a judge has not approved it.
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Oracle’s AI Boom Brings Record Cloud Growth, Heavier Cash Burden
Oracle’s cloud growth and $664 billion backlog surged, but $28.5 billion in capital spending drove negative free cash flow and a $20 billion stock sale.
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AI Companies Warn U.S. Infrastructure Has Little Time to Prepare for AI-Driven Hacks
More than 100 organizations are urging faster cyber defenses as federal programs take shape, but funding, access and measurable protections remain unclear.
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Federal Government Opens a New Cybersecurity Lane for U.S. Startups
A White House memorandum could give vetted cybersecurity firms a federally supervised role against foreign cybercrime groups, but major legal and financial questions remain.
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Louisiana will receive more than $180 million from Meta settlement over child-safety claims
Louisiana’s announced $180.9 million Meta recovery will be paid over time, while teen users may see new Facebook and Instagram limits after the required consent judgments take effect.
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OPM tells federal agencies to expand AI use in hiring
A new OPM memo urges agencies to use AI in federal hiring while requiring documented controls when automated outputs could affect who advances.
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BLS projects AI-era shifts in office and tech jobs
New BLS projections show office-support jobs declining over the next decade while software, data and cybersecurity roles grow, but not as an immediate layoff forecast.
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Virginia to receive at least $353 million from proposed Meta settlement over child-safety claims
Virginia could receive at least $353 million under a proposed Meta settlement, plus a separate $11 million payment tied to Facebook data-sharing claims. Federal court approval is required before the agreement takes effect.
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BLS projects U.S. job growth as AI reshapes work
The BLS projects 5.9 million more U.S. jobs by 2035, with growth in technical fields and declines in office work—but AI exposure is not a layoff forecast.
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NSF puts more than $290 million into eight U.S. quantum research institutes
The NSF announced more than $290 million for eight U.S. quantum institutes targeting hardware, error correction, networking, sensing, simulation and training.
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White House pushes agencies toward mission-driven U.S. research
A July 21 White House report and FY2028 memo seek more mission-driven research, shared federal infrastructure and faster commercialization, but no funding shift is complete.
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NSF’s $250 Million Research Restart Moves Into Application Phase
NSF’s restarted SBIR/STTR program is accepting proposals for scientific-instrumentation projects, with the next full-proposal deadline set for November 4.
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Federal labor data shows where AI may grow — and where jobs may shrink
BLS projects 5.2 million more U.S. jobs by 2034, but AI and automation are expected to shift demand toward technical roles and away from routine office work.
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Walmart Plans Permanent Layoffs for 306 Workers Across Eight Sunnyvale Sites
California WARN notices filed June 19 list 306 planned permanent Walmart layoffs in Sunnyvale, scheduled to take effect Aug. 21.
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NASA’s CAPSTONE 02 Will Test Moon-Orbit Navigation
NASA plans to launch two spacecraft in 2027 to test navigation, rendezvous and communications near the Moon for future Artemis and deep-space missions.
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UN AI Dialogue Creates a Global Forum, but No Binding Rules Yet
A UN scientific assessment and Geneva dialogue give governments a shared AI evidence base, but create no treaty, regulator or worldwide rules.
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Proposed DOJ-Willow Bridge Deal Targets Algorithmic Rent Pricing
A proposed DOJ judgment would limit Willow Bridge’s use of competitors’ rental data and pricing software. The deal is not final and will face public comment.