Crisis and innovation, the two faces of Amazon
The crisis forces many employees to be laid off, on the one hand, and the need to invest in the search for innovative solutions with an eye on sustainability on…
Startups spring from ashes of Big Tech purge
By Supantha Mukherjee, Martin Coulter and Krystal Hu Startups: (Reuters) – Nic Szerman lost his job at Meta Platforms in November, just two months after joining full-time, falling victim to…
Fidelity marks down value of Twitter stake by 56%
By Niket Nishant (Reuters) – Fidelity funds slashed the value of their Twitter stake by 56% in November, according to a monthly disclosure by the investment firm released on Friday,…
Amazon planning standalone app for sports content
By Yuvraj Malik (Reuters) – Amazon.com Inc is working on a standalone app for watching sports content, the Information reported on Wednesday, citing a source with direct knowledge of the…
Facebook accused by female truckers of skewing job ads
By Paresh Dave OAKLAND, Calif. (Reuters) – Meta Platforms Inc unlawfully steered dozens of hiring ads from trucking companies and other advertisers to mostly one gender or age group, an…
Meta cuts 11,000 jobs as it sinks more money into the metaverse
By Aditya Soni and Nivedita Balu (Reuters) – Meta Platforms Inc said on Wednesday it would cut more than 11,000 jobs, or 13% of its workforce, as the Facebook parent…
Jack Dorsey has resigned as CEO Twitter
The second era of social media is in the hands of Parag Agrawal Jack Dorsey is no longer the Chief Executive Officer of Twitter. The announcement of the resignation came…