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Day 2 of South by Southwest delved into the ways creative people deal with fast-changing technology. Here's the latest, and what Day 3 has in store.
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There may have been some extra incentive for the Trump administration to get the TikTok US deal done. According to a report from The Wall Street Journal, the Trump administration is set to receive a total of $10 billion in the deal that allowed TikTok to remain in the US. The new investors who acquired stakes in the US entity of TikTok already paid a $2.5 billion fee to the administration when the deal closed in January, but WSJ's latest report noted that the group of investors would continue to make payments until the total hits $10 billion.
After a group of investors, which includes Oracle along with the Silver Lake and MGX investment firms, acquired stakes in the US-based TikTok entity called TikTok USDS Joint Venture, the WSJ previously reported that the administration would receive a "multibillion-dollar fee" for its work on the deal. To better contextualize the recently-revealed $10 billion fee the Trump administration is receiving, the US entity of TikTok was valued at $14 billion by Vice President JD Vance.
The Trump administration has previously involved itself in major deals with other US corporations. Last year
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Meta could be preparing for one of the largest layoffs in its history, according to a Reuters report. The tech giant is planning to cut about 20 percent of its workforce, according to the outlet's sources. According to the report, neither a date nor the exact number of layoffs has been finalized yet.
However, Reuters reported that Meta's top executives have told "other senior leaders" to start "planning how to pare back." In its latest financial report, the company's employee headcount was 78,865 as of December 31, 2025, while revenue reached nearly $60 billion for the fourth quarter and more than $200 billion for the entire year. A Meta spokesperson told Reuters that this was "speculative reporting about theoretical approaches."
Meta is no stranger to major layoffs. Earlier this year, Meta targeted about 1,000 employees in its layoffs with the Reality Labs division that's responsible for the company's virtual reality and metaverse efforts. Early last year, Meta laid off about
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 For this week's giveaway, we've teamed up with Lululook to offer MacRumors readers a chance to win an iPhone 17 Pro and a 25W Qi2.2 3-in-1 Charger from Lululook to go along with it.
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 We're only three months away from Apple's WWDC 2026 event, which will see the company unveil iOS 27. With the fully revamped version of Siri possibly delayed until September, ?iOS 27? is shaping up to be the update we wanted iOS 26 to be.
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 It's been a big week for foldable iPhone rumors. In case you missed any of them, here are five developments that we've covered over the last few days.
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Apple still hasn't confirmed a foldable iPhone, and the company's latest round of product announcements didn't change that. Apple launched several new devices last week, but there was still no mention of a folding iPhone. Even so, the steady stream of leaks and analyst reports hasn't slowed. Over the past few months, supply-chain sources and leakers have continued to sketch out Apple's possible plans, with most signs still pointing to a launch in the second half of 2026.
As with any unannounced Apple hardware, plenty could shift before anything ships. Features can be revised, timelines can move and some ideas may never make it beyond internal testing. Even so, the growing consistency across recent reports offers a clearer picture of how the so-called iPhone Fold might take shape and where it could land in Apple's lineup.
Below, we've rounded up the most credible rumors so far, and we'll keep this guide updated as new details emerge.
When could the iPhone Fold launch?Rumors of a foldable iPhone date back as far as 2017, but more recent reporting suggests Apple has finally locked onto a realistic window. Most sources now point to fall 2026, likely alongside the iPhone 18 lineup, with some supply-chain hints suggesting mass production could begin in mid-2026 if development stays on track.
Mark Gurman has gone back and forth on timing, initially suggesting Apple could launch "as early as 2026," before later writing that the
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