October 25, 2022 Microsoft is on track to report its slowest quarterly revenue growth in more than five years, owing to a slowing PC market that has forced consumers and businesses to cut back on spending on computers more...
October 25, 2022 Altimeter Capital Management, a Meta shareholder, urged CEO Mark Zuckerberg in an open letter to optimize by cutting jobs and spending. Altimeter, a technology-oriented hedge fund with a 0.1% stake, claimed that Meta had lost more...
October 24, 2022 Due to concerns about the Online News Act, introduced in April to ensure that platforms such as Facebook and Google reach an agreement that compensates news publishers for their content, Facebook says it could restrict more...
October 24, 2022 Snap shares fell more than 30% on Friday, reaching their lowest level since the pandemic, after the company forecast zero revenue growth, implying that the social media sector, which relies heavily on digital advertising, will more...
October 24, 2022 Banks such as Morgan Stanley, Bank of America and Barclays, which agreed to finance Elon Musk's takeover of Twitter, plan to keep the entire $13 billion in debt for the deal rather than sell it. more...
October 24, 2022 Salil Parekh, CEO of Infosys, has stated that employees will be allowed to take up non-company employment opportunities with the prior consent of their managers and HR. This is a 180-degree shift from the company's more...
October 24, 2022 According to a series of internal communications discovered in court, Google employees were always aware, and made jokes about, the inefficiency of Chrome's "Incognito mode," and have rebuked the company for failing to meet its more...
October 21, 2022 Instagram has unveiled a new set of safety features designed to protect users from abusive internet trolls and help users block the accounts of abusers and trolls. Users can now block all existing accounts of more...
October 21, 2022 Earlier this month, Meta's independent oversight board announced it would be able to add warning screens and labels to posts on Facebook and Instagram, labeling content as "disturbing" or "sensitive." The body, which has the more...
October 21, 2022 Amazon is facing a $1 billion class action in the United Kingdom over allegations that it abused its dominant position in the market by favoring its own products using a secret algorithm. According to the more...
