Meta’s 8,000 Job Cuts, SpaceX’s IPO by the Numbers, Google's Universal Shopping Cart

Google Reporter Erin Woo talks with TITV Host Akash Pasricha about Google’s AI convergence between Search and Gemini. We also talk with Deputy Bureau Chief of Finance Cory Weinberg about SpaceX's financials ahead of its blockbuster IPO, AI Reporter Laura Bratton about how enterprise software buyers are altering vendor contracts to fund AI, and Mizuho Managing Director Lloyd Walmsley about Meta’s 8,000 workforce layoffs and its AI margin protections. Lastly, we get into the bankruptcy of e-commerce credit card darling Parker with our e-comm reporter Ann Gehan. Articles discussed on this episode:  https://www.theinformation.com/articles/5-charts-make-sense-spacexs-ipo-numbers https://www.theinformation.com/briefings/google-unveils-new-video-model-search-upgrades https://www.theinformation.com/newsletters/the-briefing/googles-ai-search-leap-forward https://www.theinformation.com/briefings/meta-begins-cutting-8-000-jobs https://www.theinformation.com/newsletters/ai-agenda/google-pitches-ai-coding-tools-cost-effective-option Subscribe:  YouTube: https://www.youtube.com/@theinformation  The Information: https://www.theinformation.com/subscribe_h Sign up for the AI Agenda newsletter: https://www.theinformation.com/features/ai-agenda TITV airs weekdays on YouTube, X and LinkedIn at 10AM PT / 1PM ET. Or check us out wherever you get your podcasts. Follow us: X: https://x.com/theinformation IG: https://www.instagram.com/theinformation/ TikTok: https://www.tiktok.com/@titv.theinformation LinkedIn: https://www.linkedin.com/company/theinformation/ Chapters: 00:00 - Introduction 01:13 - Google IO: Search vs. Gemini Continuity 12:56 - SpaceX IPO: Launch Margins & xAI Compute 22:46 - The SaaS Apocalypse: Shorter Tech Contracts 29:57 - Inside Meta's AI Efficiencies & Layoffs 43:29 - E-Commerce Crisis: Why Fintech Parker Failed