Cryptocurrencies rise after US authorities intervene to restore confidence in banking sector following collapse of Silicon Valley Bank
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New Meta Layoffs ‘Could Match Those of Last Year’
Upcoming layoffs at Meta could reportedly cut same proportion of staff as those announced last November, as company reins in spending
Elon Musk Apologises To Sacked Twitter Worker
Musk issues rare apology over sacking of Twitter worker who publicly asked whether he had been fired or not, as he lays out turnaround plans
Meta Considering Twitter-Like Social Network
Facebook parent Meta considering launching Twitter-style stand-alone text-based social network amidst chaos at Elon Musk-owned platform
FTC Admits It Is Investigating Twitter
Federal agency FTC confirms it is investigating Twitter under new CEO Elon Musk for potential violations of 2011 agreement
WhatsApp Will Not Comply With UK Online Safety Bill
WhatApp becomes second major platform to indicate it will not comply with the UK's revised Online Safety Bill
Tabasco X Tinx: A Successful Marketing Campaign Example
Tabasco’s recent collaboration with Tik Tok star Tinx makes a creative and successful example of an influencer marketing campaign.
Silvergate Bank To Close Down, Amid FTX Aftermath
Lawyers For FTX’s Sam Bankman-Fried Hint At Trial Delay
Legal team for former FTX CEO Sam Bankman-Fried suggest they may need more time to prepare legal defence of their client
Elon Musk Admits “Massive Decline” In Ad Revenue
Elon Musk says Twitter may be cash flow-positive next quarter, which may not surprise observers after all his cost-cutting
Musk Apologises After Mocking Fired Twitter Director
Haraldur Thorleifsson asked Elon Musk if he had been fired. Musk mocked him in his reply, but later backtracked and apologised
Major Twitter Outage Caused By Single Engineer – Report
Cost of conducting mass layoffs? Major Twitter outage this week triggered by just one engineer shutting down free access to Twitter API
Meta Planning Thousands More Job Cuts – Report
Zuckerberg's promise of “year of efficiency” at Meta likely to entail more job losses, according to media report
Meta Cuts Prices For VR Headsets
Struggling to sell? Meta has cut prices for two of its virtual reality headsets amid reduced consumer spending on tech
Amazon Pauses Construction At Second HQ In Virginia
Construction on the second phase Amazon's HQ2 in Virginia has been paused, amid cost cutting at the e-commerce giant
Former FTX Engineer Pleads Guilty To Fraud Charges
Former engineering director of collapsed cryptocurrency firm FTX has pleaded guilty to six criminal charges, including fraud
Visa, Mastercard ‘Pause Crypto Partnerships’ Amidst Meltdown
Visa, Mastercard reportedly halting cryptocurrency partnerships and product plans following industry meltdown last year
Meta Forms AI Team To Compete With ChatGPT
Facebook, Instagram parent Meta forms AI-focused team to develop text and visual tools across its products, following success of OpenAI's ChatGPT
Canada Bans TikTok From Government Devices
Canada government bans TikTok from all government devices, saying it presents 'unacceptible risk to privacy and security'
Twitter Cuts 10 Percent Of Staff, Including #SleepWhereYouWork Exec
Latest round of cuts at Twitter affects 10 percent of staff, incuding executive pictured sleeping on floor last November
DoJ Alleges Google Deleted Evidence In Antitrust Case
Serious allegation of misconduct made against Google by US Department of Justice, in its antitrust case against the firm
FTX’s Sam Bankman-Fried Hit With Four More Charges
Four new criminal charges leveled at FTX's Sam Bankman-Fried concerning illegal political donations and bank fraud
Amazon Closes Acquisition Of Healthcare Provider One Medical
After US authorities refuse to challenge acquisition, Amazon closes its $3.9 billion deal for healthcare provider One Medical
Meta Prepping Fresh Round Of Layoffs – Report
Facebook parent Meta is reportedly planning a fresh round of job cuts, after axing more than 11,000 staff last year
Amazon Staff Push Back At Return-To-Office Order
Unhappy Amazon staff reportedly taking to internal websites and comms channels to complain about return-to-office order
Huobi, OKX To Apply For Hong Kong Crypto Licences
Major crypto exchanges Huobi Global and OKX to apply for licences under new Hong Kong regulatory regime aimed at turning city into crypto hub
Microsoft ‘Testing Ads’ In Bing Search AI Chat
Microsoft reportedly in early conversations with ad agencies about inserting paid links in Bing search AI chat results
Facebook, Instagram To Get Paid Verification
Facebook, Instagram to offer paid 'blue tick' verification starting in Australia and New Zealand this week, following similar move by Twitter
Terra Co-Founder Do Kwon Charged By US SEC
Do Kwon, co-founder of the failed TerraUSD cryptocurrency, has been charged by US authorities with fraud, after months on the run
YouTube CEO Susan Wojcicki Steps Down
One of the first Google employees, YouTube's CEO Susan Wojcicki, has confirmed she is stepping down after 25 years