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The Latest Breaking News from Big Tech

Facebook-parent Meta Platforms is planning additional layoffs to be announced in multiple rounds over the next few months, which could match the 13% job cut tally from last year, the Wall Street Journal reported on Friday citing people familiar with the matter. Meta let go of 11,000 employees four months…

Asharq Al-Awsat

Big Tech companies aren't afraid of antitrust regulators, but they sure do dance for activist hedge funds

To judge by recent multibillion dollar deals, antitrust worries are not causing companies like Amazon or Microsoft to back off big acquisitions. But pressure from activist investors is a different story.

Fortune

Why Big Tech will lose its Supreme Court case on section 230

I only count two votes to ratify Big Tech's sweeping immunity claims

Reason

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

Elon Musk says he’ll open-source Twitter’s algorithm. Here’s why that would change everything

Opening up one of Big Tech’s black boxes would break a fundamental taboo.

Fortune

Google, Section 230 & Nohemi Gonzalez

Philip Hamburger's Op-Ed at the Federalist on a case to be argued next week

Reason

Salesforce braces for investor pressures

After years of fast growth and costly acquisitions, Salesforce is facing post-pandemic realities that have taken a toll on Big Tech sales and profits.

Tribune News Service

Google, Apple Disappoint as Tech Earnings Hit by Gloom

Google and Apple on Thursday reported downbeat results for the last quarter of 2022 as Amazon beat expectations, but warned that the coming months would be uncertain in a difficult moment for Big Tech. The tech titans posted earnings as shares in Meta skyrocketed a day after it reported better…

Asharq Al-Awsat

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Big Tech Layoffs Continue -- But Apple Looks the Strongest

All of Big Tech is rallying at the moment, and all have laid off employees. This article takes a look at why Apple might be the strongest player of the bunch.

StockNews.com

5 takeaways from the massive layoffs hitting Big Tech right now

Some 200,000 tech jobs have been lost in what is seen as one of the sharpest downturns in the tech industry's history. Here is what you need to know about the mass layoffs in Silicon Valley.

WEKU

Big Tech is firing employees by the thousands. Why? And how worried should we be?

Tech companies are always in the news, usually touting the next big thing. However, the tech news cycle recently hasn’t been dominated by the latest gadget or innovation. Instead, layoffs are in the headlines.

The Conversation

Facebook threatens to remove all news content if bill forcing payments to local media outlets passes

Meta/Facebook is threatening to remove all local news from its platform following reports that proposed legislation to force Big Tech to pay publishers for news content is being added to a defense bill in a bid to win approval during the lame-duck Congress session.

Chicago Tribune

Commentary: Time is running out to save local news from Big Tech

Local journalism is a cornerstone of democracy and a vital source of information for communities across the country, with newsrooms covering local politics, high school sports, local business openings, cultural events and other matters that help a community remain vibrant and connected. But the industry is facing an existential crisis…

Tribune News Service

Editorial: Time is running out for Congress to save local news

Tribune News Service

Big Tech cites national security in push for immigration changes

Policy leaders in Big Tech have revved up a push for Congress to pass immigration changes before the end of the year, with a pitch aligning those policies to the national security concerns that sparked a recently enacted science and technology funding law.

Tribune News Service

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Roll Call

Big Tech cites national security in push for immigration changes - Roll Call

Policy leaders in Big Tech have revved up a push for Congress to pass immigration changes before the end of the year.

Evening Standard

FTSE 100 Live: Pound hits six-week high of $1.16; US tech stocks sink

Results from Shell and Lloyds Banking Group today lead a busy session of corporate updates as investors also digest last night’s disappointment from Meta Platforms.

Evening Standard

Feudal Marketing – Big Tech’s looting of consumer data must end

City Voices: Our work, their profits

The Independent UK

EXPLAINER: Online privacy in a post-Roe world

With abortion now or soon to be illegal in over a dozen states and severely restricted in many more, Big Tech companies that collect personal details of their users are facing new calls to limit that tracking and surveillance

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Reason

Big Tech's Ban on Alex Jones Fans the Flames of His Conspiracy Theories

Deplatforming controversial content is perfectly legal—and often counterproductive.

Input

EU's Big Tech overhaul laws will be nigh impossible to enforce

The Digital Markets Act and the Digital Services Act will together change Big Tech oversight for the better — if the EU can implement them efficiently.

Salon

Big Tech cracks up the GOP

Republicans abandon their free-market ideals to go all-in on the culture wars

The Conversation

How corporate takeovers are fundamentally changing podcasting

At first glance, it may seem as though Big Tech can’t figure out how to make money off its foray into podcasting.

McClatchy Washington Bureau

Devin Nunes is off to a rough start with Trump’s Truth Social as he seeks to go after big tech

WASHINGTON — Most people who are on and have reviewed Truth Social, former President Donald Trump’s social media platform, write on Apple’s App Store that they like it.

Tribune News Service

Commentary: It’s time to win the war against Big Tech

Big Tech is an enemy of the American people.

Axios

Rising rates may hammer the stock market

Big Tech’s outsized presence is one reason why.

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