Tech industry layoffs unfolding at faster rate than at any time during COVID-19 pandemic: report
Tech companies across industries saw more than 150,000 layoffs in 2022 -- up from the 80,000 layoffs from March to December of 2020 as larger Meta and Amazon slash their workforce.
Tech stock bounce part of ‘seasonal pattern’, investors pin hopes on January
Tech stocks like Meta, Apple, and Microsoft are lifting the Nasdaq 100 higher on Thursday after a jobs report spurred investors.
Facebook's parent to settle Cambridge Analytica class-action case
Facebook's parent company Meta Platforms has agreed to pay $725 million to settle a class-action privacy lawsuit.
EU commission warns Meta for violating antitrust laws on the Facebook Marketplace
The European Commission said earlier this week that Facebook's parent company, Meta, had violated the EU's antitrust laws on the Facebook Marketplace.
Big Tech challenges Texas social media law at Supreme Court
Two trade groups representing Facebook, Google and Twitter petitioned the Supreme Court over Texas and Florida anti-censorship laws, citing conflicting appeals rulings.
Former Facebook official: Jim Jordan's letter to Big Tech is 'pitch perfect'
Former Facebook official Kara Frederick examines House GOP members' attempts to hold Big Tech more accountable on 'The Evening Edit.'
Experts weigh whether back-to-back stock gains signal inflation peaking
Ben Levisohn, Carleton English and Andrew Bary discuss whether a recent market rally signals a Fed pivot, the housing market, and the Big Tech debate between Apple, Twitter and Meta.
Zuckerberg ripped after latest Metaverse video for $1,500 Quest: 'Still looks like crap to me'
Meta Platforms rolled out its newest updates to its Metaverse Quest software allowing users to capture video of themselves using virtual instruments, art supplies, and maps.
Dan Niles: 2023 earnings season going to be 'absolutely horrible'
Satori Fund founder and portfolio manager Dan Niles analyzes the current investment climate and explains why he's ready to buy Meta on 'The Claman Countdown.'
European watchdog fines Meta $276M after data ‘scraped’ from Facebook leaked online
Ireland’s Data Protection Commission fined Meta 266 million euros -- more than $276 million -- saying the company failed to protect data for more than half a billion users.
Carmaker Jaguar Land Rover looks to hire hundreds of laid off tech workers
The carmaker on Friday announced a jobs portal for displaced tech workers to fill 800 roles spanning self-driving, electrification, machine learning and data science.
Musk's demand to Twitter staff 'makes a lot of sense': Jessica Melugin
Competitive Enterprise Institute's Jessica Melugin joins 'Mornings with Maria' and reacts to Elon Musk's demand to the Twitter workforce, layoffs in the Tech industry, and the FBI's concern with TikTok.
Facebook to remove religious and political views, 'interested in' information from profiles
Facebook is removing a handful of fields from its users' profiles in what the social media giant says is intended make the platform easier to use.
Meta fires several employees, security guards for 'hijacking user accounts': report
Facebook parent company Meta has fired dozens of employees and contracted security guards for allegedly "hijacking user accounts," according to a report.
Texas AG investigating Zuckerberg-backed nonprofit over election concerns
The attorney general of Texas announced an investigation into the Center for Tech and Civil Life over concerns about "partisan electioneering efforts."
Facebook perks part of Meta downfall
CEO Mark Zuckerberg indicated Wednesday Meta Platforms has reduced lavish employee perks amid broader cost-cutting measures across Facebook's parent company.
Zuckerberg confirming layoffs of more than 11,000 employees at Meta
Ziprecruiter chief economist Julia Pollak and Employbridge chief workforce analyst Joanie Bily discuss tech company layoffs as worldwide recession looms on ‘Fox Business Tonight.’
Meta to lay off over 11K employees
Meta CEO Mark Zuckerberg announced in a letter to employees on Tuesday morning that more than 11,000 employees would lose their jobs. The company has about 87,000 workers.
Mark Zuckerberg says he's accountable as Meta prepares for layoffs: Report
Meta CEO Mark Zuckerberg on Tuesday said he is accountable for the company's missteps as thousands of employees prepare for layoffs
Facebook parent Meta planning massive layoffs this week: report
Facebook parent Meta is reportedly planning to lay off thousands of workers this week as the company's stock price has dropped 73% so far this year.