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The Latest Breaking News from Meta

Ancestry CEO’s advice: don’t be ‘reactionary’ in the downturn, those who prepare will emerge stronger

Former Meta executive and chief executive officer of Ancestry.com Deb Liu addressed the gloomy economic climate the private company is facing.

Fortune

'Malicious disinformation to target our government': Anurag Thakur takes a swipe at the Wire's Meta stories

Information and Broadcasting minister Anurag Thakur today indicated his displeasure at the news website Wire's now retracted stories on Meta and Bharatiya Janata Party's IT chief Amit Malviya.

Newslaundry

Tech unicorn Wayflyer to cut 70 jobs in Dublin

Wayflyer employs around 220 people in Ireland with their headquarters on Baggot Street

Dublin Live

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Tech layoffs are disproportionately hitting HR and corporate diversity teams

Human resources and DEI teams are getting axed after steering companies through the pandemic and social justice uprisings.

Fortune

What is the sound of Facebook’s value crashing? Noisycharts turns news into noise

Rising carbon dioxide and the slump in the pound have been frequently graphed. Now we’ve turned the data and graphs into audio

The Guardian - AU

Tech’s tectonic plates are shifting — will Twitter, Meta and the other giants survive?

Amid job losses and tumbling share prices, all the platforms once thought too big to fail are now fighting to stay relevant. From Twitter to Meta, change is afoot, says John Arlidge

Evening Standard

WhatsApp head, public policy director in India quit as Meta churn continues

Days after Ajit Mohan, the vice president and managing director of Meta India, announced his departure from the company, Meta India has confirmed the resignations of two other senior executives. Abhijit “Bobby” Bose, the head of WhatsApp India, and Rajiv Aggarwal, the public policy director of Meta India, have resigned…

Newslaundry

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Fortune's 40 Under 40 list highlights women to watch in the years ahead

Fortune's 40 Under 40 list features a who's who of women business leaders, including Call Her Daddy podcast host Alex Cooper and Susan Li, Meta's new CFO.

Fortune

Amazon slated to cut 10,000 corporate jobs amid slow consumer spending

After Meta and Twitter, Amazon is the latest e-commerce giant looking to reduce its payroll. Reports in The New York Times and other outlets say this is part of the company's drive to cut any lossmaking or underperforming units. The job cuts, which could represent as much as 3 percent…

France 24

Amazon preparing thousands of job cuts – report

The US firm would join Meta and Twitter in announcing substantial staff cuts.

The Independent UK

Amazon reported to be looking to cut 10,000 jobs

Meta, Twitter, Snapchat and Microsoft have also announced staff layoffs in recent months

Wales Online

Amazon expected to announce job cuts worldwide with future for Ireland unknown

It's the latest US tech company to cut roles following Facebook owner Meta and Twitter

Dublin Live

It's the end of the boom times in tech, as layoffs keep mounting

Amazon will reportedly lay off 10,000 employees as soon as this week. That follows job cuts at Meta, Twitter, and Stripe, with CEOs citing economic uncertainty and a slowdown in online ad buying.

WEKU

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

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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.

ABC News

Parliamentary inquiry on exploitation of children looks at what more tech companies should be doing

A parliamentary inquiry is investigating the capability of law enforcement to deal with the exploitation of children and examining the role technology providers have in assisting authorities.

Evening Standard

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

Meta has killed off both Portal and its smartwatch ambitions

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

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The New Daily

Alan Kohler: Crypto and the end of the beginning

Will FTX’s collapse mean the end of crypto? Well, some of the 3000 or so cryptocurrencies, or at least it should.

Fortune

3 ways to tell if you're about to be laid off

Worried about a recession or layoffs? Experts suggest taking these steps to know if your company is next on the chopping block.

Benzinga

This Is What Whales Are Betting On Meta Platforms

A whale with a lot of money to spend has taken a noticeably bearish stance on Meta Platforms. Looking at options history for Meta Platforms (NASDAQ:META) we detected 61 strange trades.

Fortune

Elon Musk tells Twitter staff about his ‘recession PTSD’ from keeping PayPal and Tesla alive, demands ‘maniacal sense of urgency’

Musk addressed Twitter employees in a Q&A Thursday, describing his trauma from Tesla and PayPal, after laying off around 50% of workers at the social media company.

The Guardian - UK

Tech workers: have you been affected by recent job cuts?

We would like to speak to people working at companies including Twitter and Meta

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.

Benzinga

Facebook, TikTok, Twitter Failed To Control Perpetration Of False Information In Kenya's Elections

Social media platforms Meta Platforms Inc (NASDAQ: META) Facebook, TikTok, and Tesla Inc (NASDAQ: TSLA) CEO Elon Musk-owned Twitter failed to live up to their election integrity pledges during Kenya&

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