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April was not a good month for the tech industry in terms of job losses. Last month, major firms—including Microsoft, Meta Platforms, and Snap—all announced significant workforce reductions. But now, May is not shaping up to be any better. This week alone, news emerged that several major tech companies, including Cloudflare, PayPal, and Coinbase, are set to cut thousands of positions. And yes, you can blame AI for the job cuts—or at least the bosses are. Cloudflare cuts more than 1,100 jobs Yesterday, Cloudflare announced that it was laying off more than 1,100 workers across the globe. That equates to roughly about 20% of the company’s workforce. …

May has only just begun, but already, it has not been a good month for the tech industry in terms of layoffs. Since the month started, several prominent names in technology have announced layoffs, some involving a significant number of workers. Here are the companies involved in the latest round of tech layoffs Panasonic Holdings The iconic Japanese electronics giant, founded over a century ago, announced on May 9 that it would eliminate 10,000 jobs. That reduction equates to about 4% of Panasonic’s total workforce, reports Bloomberg. According to Panasonic CEO Yuki Kusumi, the cuts are to better prepare the electronics maker for the next few decades. The compa…

April is shaping up to be yet another brutal month for job cuts in the technology sector. But the announcements may not have the immediate effect that many companies are hoping for. Here’s the latest on the situation. Microsoft to offer buyouts to 7% of its US workforce While Microsoft hasn’t announced another round of layoffs, the Windows giant is planning job reductions of another kind. As Fast Company reported yesterday, the Redmond, Washington, company is expected to offer buyouts to 7% of its U.S. workforce by the end of June. A buyout is when a company offers an employee a financial incentive to resign. Buyout helps companies avoid being forced to ch…

Before the age of technological distraction, we lived more in tune with our bodies. We spent more time outdoors where the sun regulated our circadian rhythms, which has been scientifically proven to reduce anxiety and depression. Without constant distraction, people sat in their boredom, which became drivers of artistic endeavors, creative ideas, and human connection. But how many of us can remember the last time we were truly bored?Drove without music, or sat in a coffee shop simply looking out the window? Today, our digital devices have optimized our lives to the point of exhaustion. In pursuit of a frictionless experience, technology has eradicated the natural …

If the spring season has brought an urge to scrub your living space from top to bottom, why not clear out the digital detritus cluttering your electronic devices and online accounts at the same time? Carrying out the digital equivalent of spring-cleaning a home isn’t just an opportunity to tidy up our online lives. Eliminating dust bunnies like dormant accounts and forgotten files can help protect personal data, according to cybersecurity experts. “Clutter is fuel for scammers. Old accounts, exposed data, and forgotten apps give them more ways in,” Michael Sherwood, a product vice president at cybersecurity firm Malwarebytes, said. “Cleaning up your digital life i…

“The best way to predict the future is to create it.” This timeless insight from renowned 20th-century Austrian-America management consultant Peter Drucker is especially relevant for startup leaders who aim to build something that stands the test of time. In today’s digital economy, global expansion has never been easier—yet many tech founders are still focused on an initial geographical market. While starting with that thinking may seem practical, failing to embed a global mindset from the get-go can limit long-term potential. The reality is, startups that delay international thinking face tougher roadblocks later—scaling infrastructure, product-market fit, cul…

I am not clairvoyant and have no crystal ball. But I’ve got some predictions for 2026. I learned about predictions from a master of the craft: Byron Wien, a market strategist who rose to Wall Street prominence in the 1990s for his annual “Ten Surprises” list. Back in the day, I spent several weeks shadowing Wien as a reporter, and the lessons have long stuck with me. Wien said that the prediction game wasn’t about being right. It was about identifying trends. He knew many of his “surprises” would never come to pass, at least not in the extreme form that he shared. But they sparked dialogue and got people to confront their assumptions. And every now and then, he’…

Every company is racing to modernize. There’s a sense that if you aren’t adopting new technology fast enough, you’re already behind. From AI and automation to digital platforms, the list keeps growing. Leaders make big investments, employees sit through onboarding sessions, and for a few weeks, excitement fills the air. Then the momentum fades. Dashboards sit idle. Pilots stall. The return on investment never arrives. We see it all the time. On the factory floor, operators are juggling a dozen tools that don’t talk to each other. Managers chase data that doesn’t reflect what’s really happening. Teams try to keep up with systems meant to help them but instead end u…

For high school senior Aliyah Pack, getting distracted during school is the norm. Kids in her Pennsylvania school district use iPads starting in kindergarten, switch to Chromebooks in second grade and get their own MacBooks in eighth grade. Aliyah has ADHD, and finds it difficult to concentrate when she’s learning from a screen. She’ll watch Netflix in class on her school laptop, hiding her earbuds behind her long, curly hair. “It’s very hard to get into the mindset of being in school,” Aliyah said. Aliyah’s mother saw her grades were falling and asked the school to take away her laptop. But she was told that wasn’t possible. Across the country, parents are voicing co…

Technology workers in Kenya have held a vigil for a colleague who died in unclear circumstances after she was unable to travel to her home in Nigeria for two years. Ladi Anzaki Olubunmi, a content moderator for TikTok employed by the subcontractor Teleperformance Kenya, died last week and her decomposing body was discovered in her house after three days. It was unclear what caused her death, but colleagues say she had complained of fatigue and was “desperate to go back home.” Teleperformance Kenya told the Associated Press on Wednesday that they didn’t deny Olubunmi her leave to go home. Her family in Nigeria says she only traveled once since coming to Kenya t…

Beep, beep, beep, beep, beep, beep, beep. Short screech. Long screech. Static. More beeps. On September 30, one of the most memorable—if not infuriating—waiting experiences since the dawn of the internet went the way of the dodo. AOL finally discontinued its dial-up service. If you grew up in the ’90s, you knew that sound by heart. Some of you also knew to bring a newspaper while waiting for a single web page to load. AOL’s iconic 30-second symphony of screeches and static wasn’t just the sound of connection. It was the sound of anticipation, of mandatory patience in an increasingly impatient world. Today, that pause is all but extinct. Pages load more or less…

About three years ago, David Lafitte surveyed the website, social media, and marketing content from Tecovas, the Western apparel brand he leads, and realized that the messaging had become “very diluted.” So the Austin-based company decided to establish a company-wide OKR—the goal-setting framework it uses, short for “objectives and key results,”—that focused on storytelling. Tecovas brought on more creative types who experimented with different messaging, including long-form commercials, and things started to click, Lafitte said during a discussion at the Fast Company Grill at SXSW. “I think everyone embraced this storytelling concept because we have to talk …

A new short film premiered at SXSW over the weekend, written and directed by Jeff Nichols (Mud, The Bikeriders) starring Oscar nominee Michael Shannon, Oscar-winning singer/songwriter Ryan Bingham, Hassie Harrison, and narrated by Oscar winner Sissy Spacek. Love Letter to Texas is a 12-minute story of personal reinvention, and a beautiful visual tribute to some of the Lone Star state’s most photogenic and iconic backdrops in film history. It’s also Tecovas ad, bankrolled and produced by the Western apparel and cowboy boot brand. Founded in 2015, Tecovas is a new brand in a category steeped in heritage. It began as the “Warby Parker of Boots” but has since opened…

Last October, 35 major donor families, calling their collaborative The Audacious Project, gathered in California and committed $1.03 billion to more than a dozen nonprofits whose proposed projects span multiple years and take on major challenges. The collaborative, housed at TED, announced the winning nonprofits Tuesday, after spending more than a year selecting the groups and helping them sharpen pitches for larger projects than philanthropic funders typically support. It’s not until the donors meet in person that they decide how much to give to each group. Jennifer Loving, the CEO of the San Jose-based nonprofit Destination: Home, said it was “shock and awe,” when the…

Below, Joe Tidy shares five key insights from his new book, Ctrl + Alt + Chaos: How Teenage Hackers Hijack the Internet. Tidy is the BBC’s first cyber correspondent and a leading voice on cybercrime. He has covered major global cyberattacks and produced widely viewed international documentaries, including a high-profile investigation into Russia’s most wanted cybercriminal. What’s the big idea? Teenage hackers are quietly reshaping cybercrime. They’re not movie-style geniuses, but persistent, socially connected, and often addicted—causing real harm through data breaches and feeding a cycle that leads to ever more serious attacks. Listen to the audio version…

Students are still setting fire to their Chromebooks for TikTok—and now they’re facing the consequences. Fast Company first reported on the #ChromebookChallenge trend last week, following a series of school evacuations caused by students igniting laptop fires. The fires are started by inserting items such as pencils, paper clips, and pushpins into the charging ports of school-issued Chromebooks. This can cause the battery to overheat, potentially sparking a fire or explosion that releases toxic fumes. The #ChromebookChallenge reportedly began in Connecticut and has since spread rapidly. Newington High School was the first to evacuate students on May 1 after a …

Three teenagers in Tennessee sued Elon Musk’s xAI this week, claiming the company’s image-generation tools were used to morph real photos of them into explicitly sexual images. The high school students, who are seeking to proceed under pseudonyms, filed the lawsuit in California, where xAI — Musk’s artificial intelligence company — has its headquarters. They are seeking class-action status in order to represent what the lawsuit says are thousands of victims like themselves who either are minors or were minors when sexually explicit images of them were created. According to the lawsuit, Jane Doe 1 was alerted anonymously in December that someone was distributing sexually…