Meta’s share price is collapsing, and the social media giant is on a major downturn. The thus far ruling social media giant of our time, the owner of Instagram, Facebook, and WhatsApp, is experiencing the worst 2 consecutive quarters of its existence. The Meta stock has collapsed and users are still fleeing the platforms, meanwhile […]
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Meta Platforms Inc on Wednesday became the latest U.S. company to cut jobs to rein in costs amid tightening monetary policy and growing fears of a recession. Job cuts announced by U.S.-based employers jumped 13 percent to 33,843 in October, the highest since February 2021, a report said. Here are some of the major job […]
We have come to rely on our smartphones for our relationships, finances, health, and welfare, as well as the way we interact, learn, and conduct business. The modern digital world is mobile first. In today’s techy landscape, customers value flexibility and seamlessness in all their daily activities. This is why every company should consider a […]
Elon Musk finalized his takeover of Twitter. Avoiding a legal showdown with the company after Twitter sued him to honor the deal he made. Musk previously tried to back out of the value. But now it is all in the past, and Musk is the owner of Twitter. There are many hints on how Musk […]
Meta is currently showing signs of a downfall. It is hard to notice such signs when looking at a giant company worth trillions of dollars, but it does not mean cracks do not exist. The company’s stock got thrown from a 130 dollars price to a trading point of ninety-eight dollars, a more than a […]
In the age of social media, it is difficult to differentiate when an individual excessively shares on their social platforms. Yet sharing our personal information is not always within our control. The Forbes TikTok conflict started on October 20, 2022, when the leading business magazine published an article accusing TikTok’s parent company, ByteDance, of taking […]
Companies invest decades in improving their reputation and uphold ethical practices. A single scandal or a corrupt corporate culture, however, might permanently harm the company’s reputation. In other cases a company might strive to build a certain brand but in the background could be deeply involved in unethical practices. In this article we are going […]
Meta Platforms Inc has almost no chance of barring the chair of the U.S. Federal Trade Commission, Lina Khan, from participation in the FTC’s challenge to Meta’s planned acquisition of virtual reality content developer Within Unlimited Inc. But that has not stopped Meta from continuing to wage a campaign for Khan’s disqualification, as evidenced most […]
When Snap Inc kicks off the third-quarter earnings season for tech and social media companies on Thursday, investors are expecting modest revenue growth across most of the sector as results will be compared with a difficult 2021 when Apple Inc privacy changes began to upend the advertising industry. But a possible recession next year makes […]
Snap Inc on Thursday forecast no revenue growth in the typically busy holiday quarter, sending a warning signal that rising inflation and the war in Ukraine could hurt other tech companies dependent on advertising revenue. Shares of Snap dropped 27 percent in after-hours trading. The owner of photo messaging app Snapchat is the first of […]