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Shutterstock shares crash 29% after Getty Images calls off $3.7 billion mergerShutterstock shares plunged nearly 30% after Getty Images scrapped its $3.7 billion merger following UK regulator objections. The Competiti...- How global scammers use US tech to fleece peopleIndian scammer Safeer Koorimannil reveals how AI from American tech giants fuels global fraud rings in Myanmar. Trafficked to a scam center...
- Tap-and-pay takes off; ADIA to trim Lenskart stakeHappy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch.
- Oracle to complete 30,000 job cuts by June 15: What's the reason, which team is impacted the most and what Oracle workers could be giving up when they sign severance agreementsOracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despi...
- 'No email, just locked out of my laptop': Laid off Webflow employee calls out CEO, says 'I'm certain she would have the dignity to...'Webflow CEO Linda Tong faced criticism after a Canada-based employee was locked out of his laptop and company accounts without prior notifi...
- Meta employee laid off after 10 years shares gut-wrenching post: ‘Yesterday I was training a new engineer, today I lost my job’A Meta employee in Singapore, Gary Tay, shared his gut-wrenching experience on LinkedIn of being laid off after nearly ten years, having tr...
- ‘She helped build the AI that replaced her’: Viral Meta layoff post sparks fear over future of white-collar jobsMeta layoffs: Meta's recent 8,000 job cuts coincide with a significant shift of over 7,000 employees to AI roles. A viral post alleges empl...
- Meta planning more layoffs after terminating 8,000 staff? Axed employee's remark on Mark Zuckerberg sparks buzzMeta CEO Mark Zuckerberg informed employees that no further company-wide layoffs are anticipated this year, following a recent wave affecti...
- Meta told employees to work from home, then sent 4 am layoff emails to US staff, leaked memo reads: 'We’re now at the stage where...'Meta Layoffs: Meta has laid off approximately 8,000 employees globally, with many receiving termination emails early Wednesday. This move i...
- New York, California pension leaders oppose 'extreme' SpaceX control structureUS pension funds are raising significant red flags regarding SpaceX's imminent entry into the stock market. Leaders from California and New...
- Over 92,000 tech layoffs in just 5 months of 2026: AI replacing jobs faster than expected as Meta, Microsoft, Amazon job cuts trigger fear in USTech layoffs 2026: Over 92,000 tech jobs vanished by May 2026, with April seeing the worst layoffs in two years. US tech giants like Meta, ...
- IPL 2026 scam season is here: Over 600 fake ticket sites, 400 malware-linked streams cheat fansAs the IPL 2026 season kicks off, a rise in cyber scams is alarming eager cricket enthusiasts. Unscrupulous fraudsters are capitalising on ...
- US stocks: AI fears drive US stock investors to rethink long-term growth bets, says GoldmanConcerns that artificial intelligence could erode long-term U.S. corporate growth have renewed scrutiny over how heavily stock valuations r...
- AI fears drive US stock investors to rethink long-term growth bets: Goldman SachsGoldman Sachs analysts highlight concerns about artificial intelligence impacting long-term U.S. corporate growth. Stock valuations now hea...
- Former Meta contractor Sama to lay off more than 1,000 workers in KenyaFacebook's parent company Meta has ended its contract with Kenyan firm Sama. This decision will lead to over 1,000 workers being laid off f...
- Meta techie fired a day before bonus for sharing already public information with wifeRiley Berton, a former Staff Software Engineer at Meta, claims he was fired for sharing a publicly available company update with his wife. ...
- Meta fires 20 employees over data leaks: ReportAccording to The Verge, employee morale at Meta has taken a hit following CEO Mark Zuckerberg’s policy changes to content moderation. The t...
- Mark Zuckerberg threatens to fire Meta employees who leak internal information to the press; within minutes that threat leaked outIn a recent development it has been known that Meta CEO Mark Zuckerberg have eventually ended up threatening most of the employees in Meta ...
- Mark Zuckerberg sacks staff with six-figure salaries for misusing $25 meal vouchersMeta, one of the highest-valued companies in the whole world owned by Mark Zuckerberg has recently sacked numerous staff who were reportedl...
- Meta can be sued in Kenya over alleged unlawful redundancies, rules courtJudge Matthews Nduma issued an interim injunction against Meta and Sama preventing them from terminating the moderators' contracts, pending...
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