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The Latest Breaking News on Tech

Adobe Is Trying to Spend $20 Billion to Buy Back Its Swagger

The company sees buying Figma as a way to overhaul its business, but critics see echoes of Facebook’s alleged practice of buying up its competition. Regulators could still block it.

Businessweek

How tech can make work harder

Workers are using an average of 6-8 apps in a day.

Axios

Facebook parent company Meta planning to slash thousands of jobs

Fears are growing for the 6,000 Irish workers who work in the company's European headquarters in Dublin

Dublin Live

From analysis to the latest developments in health,
read the most diverse news in one place.

Twitter, Facebook parent Meta decimate workforce

Twitter fired more than 90% of its staff in India staff over the weekend, leaving just a dozen, while US media reported that Facebook-parent Meta will become the latest tech firm to scale back its workforce, with plans to layoff thousands of employees this week.

Bangkok Post

Claim Meta on verge of large-scale job cuts, as 3,000 Irish employees may be at risk

The news comes just a short time after Elon Musk laid off thousands of Twitter employees via email

Irish Mirror

Facebook Parent Meta Prepares For Large-scale Layoffs This Week

Facebook parent Meta is preparing for large-scale layoffs this week which is expected to affect many thousands of its workforce. Read on for Details:

Dynamite News

Facebook’s parent Meta prepares to slash thousands of jobs – reports

Layoffs come after $80bn wiped off company’s market value last month amid global economic downturn

The Guardian - AU

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Meta reportedly to start laying off thousands of staff this week

Meta Platforms Inc. is planning to begin layoffs this week that will affect thousands of workers, The Wall Street Journal reported, citing people with knowledge of the matter.

Tribune News Service

Facebook parent Meta preparing to announce large-scale layoffs this week, report says

The company posted weak results and saw a dramatic fall in its share price over 2022

The Independent UK

Employers are now ‘ghosting’ applicants in tight labor market – and that’s not all bad

It’s rude to end a relationship in radio silence, but it provides insight into a company’s culture and how it treats its employees

The Guardian - US

Recession Ireland: Top economist makes grim prediction about Dublin's tech 'dream'

Twitter and Stripe, the online payment company, shed a significant number of their staff this week

Dublin Live

Why Meta's share price collapse is good news for the future of social media

Facebook may not be the original social media platform but it has stood the test of time – until recently. Meta, the company that owns Facebook, Instagram and WhatsApp, saw its value plummet by around $80 billion (£69 billion) in just one day at the end of October, after its…

The Conversation

Salesforce, Atlassian And 2 Other Stocks Insiders Are Selling

Gold futures traded sharply higher this morning on Friday. Investors, meanwhile, focused on some notable insider trades.

Benzinga

Leo Varadkar says tech firms may have 'expanded too quickly' amid Twitter job cuts

“I’d like to express my sympathy to those people who are going to get bad news today"

Irish Mirror

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Newslaundry

A question of judgement: Lessons for independent media from the Meta-Wire affair

The Meta-Wire affair, as it has come to be called, has thrown up many questions that touch on editorial processes, the survival of independent media, and the response of the state to criticism.

Dublin Live

Stripe founders admit they ‘overhired’ as redundancies loom for staff

The tech company is owned by Irish brothers Patrick and John Collison and has 600 Dublin employees

The Independent UK

Jeff Bezos sued by former housekeeper over working conditions at Seattle mansion

Mercedes Wedaa filed lawsuit against Amazon billionaire in King County Superior Court

The Independent UK

Ex-housekeeper sues Jeff Bezos, claims discrimination

A former housekeeper for Amazon founder Jeff Bezos says she and other employees suffered unsafe working conditions that included being forced to climb out a laundry room window to get to a bathroom

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news in one place.

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Los Angeles Times

Michael Hiltzik: Meta and Twitter show the drawbacks of giving self-satisfied billionaires too much power

Back in the prehistoric era — in 2012, when Facebook staged one of the most hyped initial public stock offerings of all time — I warned the company's newly minted shareholders that they had become wedded to Mark Zuckerberg.

Zenger

Video Game Market Sees Another Unexpected Entry As TikTok Follows Netflix’s Steps

“TikTok and Gaming were made for each other”, said a gaming industry giant.

The Independent UK

Microsoft extends aid for Ukraine's wartime tech innovation

Ukraine is counting on more Western technological support as its war against Russia drags on, with Microsoft pledging to extend its backing for Kyiv through the end of next year

Daily Mirror

Imran Khan shot: Ex-Pakistan PM and cricket legend hit in leg in assassination attempt

Unidentified assailants opened fire on cricket legend Imran Khan's container truck during a political march and he was shot in the leg in what his supporters say was an assassination attempt in Punjab, Pakistan

The Guardian - UK

Tech firms becoming ‘too big to govern’, says Uber whistleblower

Mark MacGann says governments losing battle to regulate big tech and calls for more insiders to expose corruption

Bangkok Post

Meta and TAT offer new vision of tourism

Facebook parent Meta has joined forces with the Tourism Authority of Thailand (TAT) to introduce "Rediscover Thailand", which features augmented reality (AR) experiences for the country's tourist attractions.

Benzinga

EXCLUSIVE: Meta Bear, Meta Bull Go Head-To-Head Over Social Media Stock

Meta Platforms Inc (NASDAQ: META) slumped 24.5% last week on the heels of its earnings report as investors digested the miss, and weak fourth-quarter outlook.

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Tanaiste Leo Varadkar

Siddharth Varadarajan

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