Meta Starts A Second Wave Of Mass Layoffs As It Prepares A Third
On Wednesday, Meta launched its second wave of mass layoffs in six months, as the company prepares for a third wave of layoffs to begin in May. Staff have been…
Google Stock Falls As Samsung Flirts With Microsoft AI
Google’s parent company, Alphabet, saw shares fall as much as 4% on Wednesday, marking the largest single-day decline for the stock in over two-months. The fall in prices was triggered…
Nine States Join DOJ Antitrust Lawsuit Against Google
On Monday, the US Department of Justice (DOJ) announced nine states, including Michigan and Nebraska, have joined a DOJ lawsuit against the search giant Google and parent company Alphabet. The…
Best Buy Laying Off More Workers To Adjust To Increasing Digital Sales
As Best Buy Co looks to cut its costs and shift its business to capitalize on increasing online sales, the retailer is cutting jobs across the country. According to people…
Twitter Moves Into Finance With eToro Deal
Twitter has begun a move into finance, as Elon Musk cut a deal with investing platform eToro which will offer platform users real time prices on cryptocurrencies, stocks, and other…
Musk Reveals Twitter Finances Are Improving
In an interview with the BBC on Wednesday, billionaire Elon Musk noted that Twitter is “roughly breaking even” now that most of the social media platforms advertisers have returned. In…
Twitter Inc Is Subsumed by Elon Musk’s X Corp
Twitter Inc. is no more, having been subsumed into Elon Musk’s X Corp, in a move many believe will be the initial step towards producing what Musk has referred to…
US Tech Firm Physically Destroyed Inventories In Russia Before Exiting
On Wednesday, TASS news agency reported that this past January, US software and network equipment manufacturer Cisco Systems destroyed more than $20 million worth of its inventory in Russia. The…
Huawei Sees A Bright Future For Chinese Chips Despite US Export Limits
CNBC reported that during a press conference on Friday, Eric Xu, the rotating chairman of Huawei said that it was his belief that the US government’s increasingly tight restrictions on…
Apple Gets $502 Million Patent Infringement Verdict Thrown Out
On Friday, a US appeals court threw out a $502 million verdict against Apple Inc which had been won by patent licensing company VirnetX Inc, over an internet privacy technology.…
