Tech stocks surged, pushing the S&P 500 and Nasdaq higher, even as US-China trade negotiations remained stalled....
Tag : Meta
U.S. jobless claims climbed to 242,000 last week, hitting a three-month high as layoffs increase in both corporate and government sectors. The labor market remains strong....
Meta is laying off 3,600 employees, or 5% of its workforce, as it continues restructuring in 2025. The layoffs, focused on “low performers,” impact multiple regions but exclude some EU countries....
AI will generate millions of jobs by 2025 while automating repetitive work, enabling industries like healthcare and finance to innovate and focus on creativity, experts say....
Meta must limit the use of personal data for targeted ads after the EU's top court ruled in favor of privacy activist Max Schrems, marking a major setback for Meta's advertising model....
In an unanticipated development, Anas Haqqani, a key leader of the Taliban, has entered the ongoing social media feud between Twitter and Threads. He publicly stated his preference for Twitter, attributing his choice to the...
The advent of Meta’s Threads app, while a significant milestone in the social media sphere, has raised significant concerns for Twitter, particularly amidst recent internal turbulence. Twitter, once a colossus in the microblogging space, now...
The European Commission, which is the executive arm of the EU, has found Meta to be in violation of EU antitrust law. This is because it has distorted competition in the markets for online classified...
Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, raised $10 billion in its first bond offering on Tuesday. The technology giant plans to use the raised capital to revamp its business and fund...