Big Tech

Report: Amazon to Lay Off 10,000 Employees
Report: Amazon to Lay Off 10,000 Employees
November 14, 2022  |  Amazon

Amazon is reportedly looking to lay off approximately 10,000 employees this month, the first and largest such move in the company’s history. Get the Full...

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Zuckerberg Takes Responsibility for Upcoming Meta Staff Cuts
Zuckerberg Takes Responsibility for Upcoming Meta Staff Cuts
November 08, 2022  |  Meta

Social media and metaverse company Meta will join the growing list of tech companies making large employee layoffs on Wednesday (Nov. 9). Get the Full...

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EC Proposes Changing Market Definition to Consider Digital Ecosystems
EC Proposes Changing Market Definition to Consider Digital Ecosystems
November 08, 2022  |  Regulation

The European Commission has published proposed changes to the European Union’s Market Definition Notice and asked for anyone interested to comment on the draft. Get...

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Meta Reportedly Preparing to Lay Off Thousands
Meta Reportedly Preparing to Lay Off Thousands
November 06, 2022  |  Meta

Facebook owner Meta is reportedly set to begin massive layoffs this week, a first at that scale in the company’s history and the latest in...

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SCOTUS Google Ruling Could Reset Internet Content Rules
SCOTUS Google Ruling Could Reset Internet Content Rules
October 30, 2022  |  Legal

Tech industry players are concerned that the Supreme Court could impose new rules that upset the internet economy. Get the Full Story Complete the form...

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Big Tech Q3 Revenue Takes Hit Amid Rising Data Center Energy Cost in Europe
Big Tech Q3 Revenue Takes Hit Amid Rising Data Center Energy Cost in Europe
October 30, 2022  |  Big Tech

In the week that Amazon, Alphabet, Meta, Microsoft and other Silicon Valley Big Tech firms announced their third quarter (Q3) earnings, the general picture reflected...

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EU Beefs Up Antitrust Enforcement Team Aimed at Big Tech
EU Beefs Up Antitrust Enforcement Team Aimed at Big Tech
October 27, 2022  |  Regulation

The European Union (EU) reportedly aims to build a team comprised of 40 people to enforce the Digital Markets Act (DMA) rules aimed at Google,...

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Google Pays $100M for AI Avatar Startup Alter
Google Pays $100M for AI Avatar Startup Alter
October 27, 2022  |  Acquisitions

Google has reportedly acquired artificial intelligence (AI) avatar startup Alter — which was formerly known as Facemoji — for $100 million. Get the Full Story...

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Strong Local Trust in Nordic Wallets and Banks Is Moat for Big Tech
Strong Local Trust in Nordic Wallets and Banks Is Moat for Big Tech
October 27, 2022  |  Payments Innovation

Most Nordic countries have at least one nationwide payment scheme to which all financial institutions (FIs) are party. The idea is that a common rule...

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