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META RECESSION
Canada introduces legislation to ban social media for children under 16, regulate AI chatbotsThe bill also aims to make AI chatbots safer by setting up a digital regulator to establish safety standards, a government official said. C...- ETMarkets Smart Talk | AI boom driving Indian family offices to global markets; US offers richer playbook: Amit GoelIndian family offices are increasingly looking beyond domestic markets as the global AI boom reshapes investment strategies. Limited pure-p...
- US stocks today: S&P 500, Nasdaq push to closing records on earnings and Middle East optimismUS stocks surged to record highs as the S&P 500 and Nasdaq rallied on strong corporate earnings and hopes of progress in US-Iran negotiatio...
- US stocks today: US stocks open higher with earnings in focusThe S&P 500 and Nasdaq edged higher as strong bank earnings and hopes of easing U.S.-Iran tensions supported sentiment. Investors balanced ...
- Why are US stock market futures largely unchanged and Nasdaq up while Dow Jones and S&P 500 flat? Wall Street futures, key US stocks, analyst views, market outlook and what should investors do nowWhy are US stock market futures largely unchanged and Nasdaq up while Dow Jones and S&P 500 flat? Futures stayed steady as investors paused...
- Meta's winning streak erased as AI rivalry and recession fears hit hard; stock falls 4%Meta stock dropped over 4 percent on Monday, erasing gains from its record 20-day winning streak. The decline comes amid growing recession ...
- Meta Ditches Fact-Checkers, Replaces Them with Elon Musk-Inspired Community NotesMeta ends fact-checking program: Meta, the parent company of Facebook and Instagram, has reportedly announced the discontinuation of its th...
- Meta's CEO Mark Zuckerberg gearing up for more layoffs, say reportsMeta Layoffs are expected to occur once more. In an internal meeting, Meta CEO Mark Zuckerberg hinted at more layoffs at the parent company...
- Layoffs 2023: Why are tech superpowers laying off workers all around the world?Following Microsoft's announcement, Google made the same decision to fire 12,000 employees, along with a public apology from CEO Sundar Pic...
- Meta now 'rescinds' full-time job offers amid recession fearsAs layoffs deepen in New Year, Meta (formerly Facebook) has reportedly rescinded full-time employment offers to some people, which is a fir...
- For Indian techies, is it the end of the great American dream?Nearly four in 10 previously laid off tech workers found jobs less than a month after they began searching, the survey found. However, 2023...
- American investor Michael Burry attacks Meta, claims it 'has a new coke problem'American hedge fund manager Michael Burry poked fun and attacked Meta claiming the tech giant has been going through a paradigm shift in te...
- Facebook may quietly sack 12,000 employees, 15% of its workforce: reportThe Facebook parent’s decision follows similar moves by other tech majors such as Apple, Microsoft and Google. “I had hoped the economy wou...
- Recession fears hit Big Tech firms as Facebook parent Meta pauses hiringMeta joins a growing list of tech firms such as Apple, Google, and Microsoft that have either paused hiring or started laying off staff
- Meta Platforms pauses hiring, warns of restructuringSeveral tech companies have been forced to slash headcount in recent months as advertisers trim spending to prepare for a looming recession.
- Meta aims to cut costs by at least 10% within next few monthsTo meet its latest target, the Facebook parent has already started nudging out a large number of staffers by reorganizing departments and p...
- Meta to set up group for paid features on Instagram, FacebookThe move would put Meta on the same course as Snap Inc and Twitter Inc - companies that have launched paid tiers to unlock additional featu...
- Meta raises $10 billion in first-ever bond offeringThe offering would help Meta, the only one among big technology companies without debt on its books, to build a more traditional balance sh...
- Meta flags recession concerns as Big Tech firms face global headwindsMeta CEO Mark Zuckerberg echoes comments from Alphabet’s Sundar Pichai.
- Meta asks managers to identify people for layoffs: ReportAccording to The Information, Meta Platforms' Vice President of Remote Presence and Engineering Maher Saba has instructed managers to ident...
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