Bezos Criticized for Washington Post Layoffs; xAI Co-founder Resigns
WASHINGTON, D.C. - February 11, 2026 - The Washington Post is facing criticism after layoffs of local news and sports reporters, while xAI co-founder Tony Wu announced his resignation from the AI company. These events, along with other developments in the tech and financial sectors, are shaping the current news cycle.
According to The Verge, Jeff Bezos, owner of The Washington Post, has been criticized for laying off local news and sports reporters. A rally was held outside the Washington Post headquarters on February 5, 2026, with demonstrators holding signs protesting the decision.
Meanwhile, xAI co-founder Tony Wu abruptly resigned late on Monday night, as reported by Ars Technica. Wu expressed positive sentiments about his time at xAI on social media, but indicated it was time for a new chapter. The article noted that xAI had approximately 1,200 employees as of March 2025.
In other news, the financial markets are showing mixed results. Fortune reported that U.S. stocks are lagging behind foreign markets, with the S&P 500 up only 1.41% year-to-date, compared to nearly 9% for global stocks, as tracked by the MSCI ACWI ex U.S. ETF. The South Korean KOSPI, for instance, is up 24% year-to-date.
Also, Google's AI head, Demis Hassabis, has a four-step plan to return the tech giant to its "golden era," according to Fortune. The article noted that Hassabis sold his AI company, DeepMind, to Google in January 2014, rebuffing a higher offer from Meta's Mark Zuckerberg.
Finally, a recent case involving a Google Nest camera has raised privacy concerns. Fortune reported that video surveillance footage from a Google Nest camera, showing an armed, masked person, was retrieved even after law enforcement initially believed the camera was disconnected. This has brought up questions about the long-term storage of digital content.
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