Nation Nov 09 New Twitter owner Elon Musk sells almost $4 billion in Tesla stock Twitter's new owner and Tesla CEO Elon Musk has sold nearly $4 billion worth of Tesla shares, according to regulatory filings.
Economy Nov 09 Facebook parent Meta cuts 11,000 jobs, 13 percent of workforce Facebook parent Meta is laying off 13 percent of its employees as it contends with faltering revenue and broader tech industry woes. The move that comes just a week after widespread layoffs at Twitter under its new owner, billionaire Elon…
Economy Nov 04 Widespread Twitter layoffs begin a week after Musk takeover Twitter's roughly 7,500 employees have been expecting layoffs since Musk took helm of the company. Already, Musk has fired top executives, including CEO Parag Agrawal.
Nation Oct 28 As Elon Musk takes control of Twitter, some wonder what happens next Elon Musk has taken control of Twitter after a protracted legal battle and months of uncertainty. The question now is what the billionaire Tesla CEO will actually do with the social media platform.
Economy Oct 05 Elon Musk says he is ready to buy Twitter again, at original $44 billion price Musk made the surprising turnaround in a letter to Twitter that the company disclosed in a filing with the U.S. Securities and Exchange Commission.
World Sep 29 Amnesty report finds Facebook amplified hate ahead of Rohingya massacre in Myanmar For years, Facebook, now called Meta, has pushed the narrative that it was a neutral platform in Myanmar that was misused by malicious people and failed to moderate violent and hateful material adequately.
World Aug 15 Facebook misses misinformation in Brazilian election ads Facebook failed to detect election-related misinformation in ads ahead of Brazil's 2022 election, a new report from Global Witness has found.
Economy Jul 08 Elon Musk says he’s terminating $44 billion Twitter buyout deal Elon Musk announced he will walk away from his tumultuous $44 billion offer to buy Twitter, leaving the deal on the verge of collapse. The Tesla CEO sent a letter to Twitter's board Friday saying he is terminating the acquisition.
Economy Jun 28 Why some fear that big tech data could become a tool for abortion surveillance With abortion now or soon to be illegal in over a dozen states and severely restricted in many more, Big Tech companies that vacuum up personal details of their users are facing new calls to limit that tracking and surveillance.
World Jun 09 Facebook’s system approved dehumanizing hate speech Facebook has failed another test of its ability to detect blatant, violent hate speech in advertisements submitted to the platform by the nonprofit group Global Witness.