Get Ready for the Richcession
If the economy enters a recession in 2023, or even if it manages to narrowly evade one, it might be...
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Elon Musk Polls Twitter Users, Asking Whether He Should Step Down
Mr. Musk, who has led the social-media company for a little over seven weeks, pledged to abide by the results...
Twitter Plans to Remove Tweets Promoting Rival Social Media Platforms
TechElon Musk’s company said it would no longer allow ‘free promotion’ of platforms such as Facebook and Mastodon Source link
Layoffs Hit White-Collar Workers as Amazon, Walmart, Others Cut Jobs
BusinessRecent wave of job cuts marks departure from previous downturns when blue-collar workers were shed first Source link
Elon Musk’s Twitter Takeover Triggers Partisan Clash on Government’s Role
Democrats say company staff cutbacks are threatening user security, while Republicans maintain that the dispute is over free speech. Source...
Tencent Slashes Meituan Stake Worth $20 Billion, Posts Revenue Drop
BusinessEarningsChinese social-media giant plans to distribute food-delivery company’s shares as special dividend to Tencent shareholders Source link
Meta, Lyft, Salesforce and Other Tech Firms Dump Office Space as They Downsize
Real EstateRetreat is a blow to office market and to many cities, which have relied on sector’s real estate appetite...
Facebook Parent Meta Announces Layoffs of 11,000 Staff
TechLayoffs are the first broad head-count reduction to occur in the company’s history Source link
WSJ News Exclusive | Meta’s Mark Zuckerberg Says He Is Accountable as Company Preps for Mass Layoffs
WSJ News ExclusiveTechLayoffs are to begin on Wednesday morning, the CEO told hundreds of executives on Tuesday Source link
Elon Musk Takes Twitter Helm as Social Media Sputters
With his six-month takeover saga behind him, Elon Musk now takes on the work of righting Twitter Inc.’s ship in...
Tech Boom Ends as Companies From Amazon to Meta Adjust to Turbulent Times
A week of earnings by big technology companies has been a rout for investors, as recession fears and the strong...
Facebook Parent Meta’s Earnings Fall Short as Revenue Decline Accelerates
Facebook parent Meta Platforms Inc. META -5.59% posted its second revenue decline in a row, as the social-media giant wrestles...
Facebook Says It Is Prepared to Block News Content in Canada
OTTAWA— Facebook META -1.16% owner Meta Platforms Inc. has warned Canada it is prepared to block the sharing of Canadian...
The War to Define What Work Looks Like
Employees at General Motors Co. balked at a request to return to the office. At Meta Platforms Inc., META -1.16%...
Puff Bar Stays Top Teen Vaping Choice, as Juul Slips
About 14% of U.S. high-school students—an estimated 2.1 million of them—said they had used e-cigarettes at least once during the...
Instagram Fined $402 Million in EU for Allegations of Mishandling Children’s Data
Instagram is being hit with the second-largest European Union privacy fine for allegedly mishandling data about children, ramping up the...
Facebook Parent Meta Agrees to Settle Cambridge Analytica Lawsuit
Facebook META -4.15% parent Meta Platforms Inc. META -4.15% agreed to settle a lawsuit that accused the social-media platform of...
Twitter Whistleblower Peiter Zatko Has Warned of Cyber Disasters for Decades
In November 2020, Twitter Inc. TWTR 2.33% co-founder Jack Dorsey picked a famed ex-hacker, Peiter Zatko, to solve some of...
Federal Trade Commission Drops Mark Zuckerberg From Antitrust Lawsuit
Meta Platforms had asked the Federal Trade Commission to remove Mark Zuckerberg from a lawsuit filed to block it from...
Twitter Warns Staff of Potential Cuts to Employee Bonuses
Twitter Inc. TWTR 0.30% warned staff that the size of bonus payments this year was at risk because of financial...
