Microsoft Lays Off LinkedIn Staff; Anthropic Eyes SaaS

Microsoft's LinkedIn is laying off roughly 5% of its workforce, impacting nearly 900 employees. This reorganization comes despite LinkedIn reporting a 12% revenue acceleration in its latest quarter. Meanwhile, Anthropic is expanding into the enterprise sector with "Claude for Small Business," integrating with platforms like Intuit and DocuSign. Anthropic's CEO suggests some software-as-a-service firms could face bankruptcy if they don't adapt to AI advancements. Also, Micron Technology saw aggressive buying after an 18-day strike threat at rival Samsung. This raised fears of scarcity for high-bandwidth memory, pushing shares higher and signaling strong investor interest in the AI-memory market. The bottom line is that technological shifts and economic pressures are reshaping major companies and entire industries.