Big Tech

Meta Reportedly Preparing to Lay Off Thousands

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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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,...

READ MORE >
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...

READ MORE >
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...

READ MORE >
Zuckerberg Doubles-Down on Costly Metaverse Bet as Stock Slumps to 7-Year Low
Zuckerberg Doubles-Down on Costly Metaverse Bet as Stock Slumps to 7-Year Low
October 26, 2022  |  Meta

Another quarter, another huge earnings miss, another massive profit slide, and another nearly 20% drop in Meta’s share price. Get the Full Story Complete the...

READ MORE >
FCA Exploring Implications of Big Tech Entry Into Financial Services
FCA Exploring Implications of Big Tech Entry Into Financial Services
October 25, 2022  |  Big Tech

As the likes of Google and Apple have diversified their offering to include payments and other financial services, the U.K.’s Financial Conduct Authority (FCA) is...

READ MORE >
Google and Twitter Results May Hold Clues on Future of Crypto Payments
Google and Twitter Results May Hold Clues on Future of Crypto Payments
October 24, 2022  |  Cryptocurrency

As Wall Street investors brace for a raft of Big Tech earnings this week, the cryptocurrency world will have its eyes and ears fixed on...

READ MORE >