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-numbershttps://www.theinformation.com/briefings/google-unveils-new-video-model-search-upgradeshttps://www.theinformation.com/newsletters/the-briefing/googles-ai-search-leap-forwardhttps://www.theinformation.com/briefings/meta-begins-cutting-8-000-jobshttps://www.theinformation.com/newsletters/ai-agenda/google-pitches-ai-coding-tools-cost-effective-optionSubscribe: YouTube: https://www.youtube.com/@theinformation The Information: https://www.theinformation.com/subscribe_hSign up for the AI Agenda newsletter: https://www.theinformation.com/features/ai-agendaTITV 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/theinformationIG: https://www.instagram.com/theinformation/TikTok: https://www.tiktok.com/@titv.theinformationLinkedIn: https://www.linkedin.com/company/theinformation/Chapters:00:00 - Introduction01:13 - Google IO: Search vs. Gemini Continuity12:56 - SpaceX IPO: Launch Margins & xAI Compute22:46 - The SaaS Apocalypse: Shorter Tech Contracts29:57 - Inside Meta's AI Efficiencies & Layoffs43:29 - E-Commerce Crisis: Why Fintech Parker Failed