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The Latest Breaking News on Tech

Billionaires gone wild: Musk, Zuckerberg slash jobs, roll dice with future of Bay Area tech icons

As Elon Musk and Mark Zuckerberg lay off thousands of workers in pursuit of their personal visions for the future of the internet, the fate of Twitter and Facebook rests in the hands of these two billionaires, experts say — and the outcome for the two iconic Bay Area technology…

Tribune News Service

Facebook’s owner Meta chops thousands of Bay Area jobs: official EDD files

MENLO PARK, California — Facebook app owner Meta Platforms has decided to chop thousands of jobs in the Bay Area, a fresh round of painful tech layoffs that will jolt five cities in this region, state labor officials report.

Tribune News Service

Amazon ‘to lay off up to 10,000 employees’ - up to 1% of global workforce

E-commerce giant reported to be latest US firm to make cuts amid global economic downturn

Evening Standard

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40 states settle Google location-tracking charges for $392M

Google has agreed to a $391.5 million settlement with 40 states in connection with an investigation into how the company tracked users’ locations

The Independent UK

Amazon reportedly planning to shed 10,000 corporate and technology jobs

Cuts would be largest in online retailer’s history and follow similar moves by tech companies including Meta and Twitter

The Guardian - US

EU targets Iran's Revolutionary Guard over Russia war drones

The European Union has imposed sanctions on the chief of Iran’s Revolutionary Guard, the corp’s Aerospace Force and a company making drones that the bloc says have been used by Russia in its war against Ukraine

The Independent UK

What do Twitter and Meta firings mean for social media?

Staff layoffs may seem remote, but they could impact your social media experience.

Evening Standard

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UK targets leading Iranian officials in latest sanctions list

Foreign Secretary James Cleverly on Monday hit out at the ‘violent crackdown’ on the protests sweeping Iran.

The Independent UK

Facebook Stalls Portal & Smartwatch Projects, Visa Breaks Debit Card Tie Up With FTX, $3B Bitcoin Withdrawn From Crypto Exchanges: Top Stories Monday, Nov. 14

Reuters

Benzinga

Buildings are banning e-bikes amid deadly battery fires

E-bikes' benefits are threatened by the growing toll of deaths and injuries from battery fires.

Axios

Meta has killed off both Portal and its smartwatch ambitions

Portal was struggling for relevance, while the smartwatch never even got off the ground.

Evening Standard

Medibank mental health data posted on dark web as Russian hackers vow to ‘keep our word’

Group releases file containing hundreds of customer claims as government considers banning ransom payments for cybercrime

The Guardian - AU

Amazon has tons of Cyber Monday deals over 50% off: here's what to get before it sells out

Have you ever stumbled across a majorly discounted item and thought, “that’s just too good to be true”? Well, good news: This curated list of Black Friday deals from Amazon is the real deal, and everything is heavily discounted.

Mic

TikTok warning as 'hack' could cost drivers thousands of pounds

Car experts have said you could even be sent to prison in extreme cases

Liverpool Echo

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StockNews.com

1 Software Stock to Buy This November and 1 to Avoid

The latest inflation report has raised the odds of the Fed slowing down on its aggressive rate hikes, which might bode well for the tech sector. Moreover, demand for software goods and services remains robust amid the rapid digital transformation. Given the backdrop, quality software stock Salesforce (CRM) could be…

Benzinga

Zuckerberg Will Continue To Pour Money Into The Metaverse — But Where's The 'Magic' In The Company's Metaverse Products Today?

Meta Platforms (NASDAQ: META) has seen better days.

Manchester Evening News

Can you see who has viewed your TikTok?

Find out who has been creeping on your TikTok by following these simple steps

The Independent UK

Yellen visits India to shore up US-Indo-Pacific partnerships

Supply chains, Russia’s war in Ukraine and the impact of COVID-19 are top of mind for U.S. Treasury Secretary Janet Yellen as she prepared to meet with Indian leaders in New Delhi

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Manchester Evening News

Best tips to follow for Black Friday 2022 and the scams to avoid

Read our Black Friday guide to get the latest tips in securing the best deal while being wary of shopping scams too

The Independent UK

China's muted Singles' Day shopping fest expects slow growth

China's biggest online shopping festival, Singles' Day, is muted this year with sales numbers expected to grow slowly amid an uncertain economy and COVID-19

France 24

Defender of free speech? Elon Musk's Twitter takeover sparks calls for regulation

What happens when the world's richest man, who fancies himself as a champion of free speech, buys a global brand that aspires to act as the planet’s digital town square? There has been plenty of turmoil in the two weeks since Elon Musk completed his $44 billion purchase of Twitter.

The Guardian - UK

The Guardian view on big tech: pop! goes the bubble

Editorial: The behemoths of Silicon Valley face some serious shrinkage and a reckoning with the societies they work in

Glasgow Live

What is Meta as Facebook and Instagram owner slashes thousands of jobs

The tech giant will cut 13 per cent of its entire workforce as part of the cuts - this comes as part of a major restructuring of the entire company Meta, parent of Facebook.

Manchester Evening News

What do nr, sfs, jw, bmt, sta, ml, pu and wyll mean? Snapchat acronyms uncoded

Snapchat users often communicate with an array of acronyms – we explain their meaning here

The Guardian - AU

Australia’s consumer watchdog calls for new laws to stop scams and rein in anti-competitive behaviour online

ACCC report says digital platforms expose users and businesses to ‘harms’ as it pushes for overhaul

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