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By Amna Nawaz, Ali Schmitz
In just the past month there have been about 50,000 job cuts across the technology sector. Here's a look at some of the companies that have announced layoffs so far.
By Associated Press
Facebook’s corporate parent has agreed to pay $725 million to settle a lawsuit alleging the social media platform allowed millions of its users’ personal information to be fed to Cambridge Analytica, a firm that supported Donald Trump’s presidential campaign in…
The European Union has accused Facebook parent Meta of breaching the bloc's antitrust rules by distorting competition in the online classified ads business.
By Kelvin Chan, Associated Press
Federal regulators opened their campaign to block Facebook parent Meta's acquisition of a virtual-reality company in a San Jose, California, courtroom.
By Barbara Ortutay, Associated Press
In our news wrap Tuesday, Congress paused to honor the police who defended the U.S. Capitol against the Jan. 6 assault, the suspect in a Colorado nightclub shooting was charged with murder and hate crimes, Chinese hackers have stolen at…
Facebook parent Meta Platforms says it will be forced to consider removing news content from its platform if Congress passes legislation that could require social media companies to pay news outlets.
Facebook's quasi-independent oversight board says an internal system that exempted high-profile users, including former U.S. President Donald Trump, from some or all of its content moderation rules needs a major overhaul.
By Paul Solman, Ryan Connelly Holmes
The latest jobs report is further confirmation of a labor market that may be slowing down but has proven more resilient than many have expected. Many sectors are continuing to add jobs, but that's not true in the tech sector,…
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…
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