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The Latest Breaking News on Tech

Meta Shares Soar Most Since 2013 on Zuckerberg’s Vision

Meta Platforms Inc. is headed for its biggest single-day gain in almost a decade after Chief Executive Officer Mark Zuckerberg laid out plans to make the social media giant leaner, more efficient and more decisive.

Tribune News Service

Netflix accidentally posts guidelines for cracking down on password sharing

Netflix accidentally posts guidelines for cracking down on password sharing

Information about trial in Chile, Peru and Costa Rica has since been taken down after being shared across help centre pages

The Guardian - UK

Big Tech earnings expected as Meta share price skyrockets

Big Tech earnings expected as Meta share price skyrockets

San Francisco (AFP) - Tech giants Google, Apple and Amazon will report their latest results on Thursday as shares in Meta skyrocketed after the Facebook owner posted a smaller-than-expected slump in sales for 2022.

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Meta's good day

Wall Street liked what it heard in the Facebook parent's latest earnings, and the company also won a round with the FTC.

MEPs launch site for EU officials to report ‘shady lobbying’ by big tech

Exclusive: Dutch MEP hopes site will give early warning of suspicious tactics such as use of front organisations

The Guardian - UK

Meta shares soar as Zuckerberg ushers in ‘year of efficiency’

Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg struck a new tone with investors Wednesday: The social media giant will be leaner, more efficient and more decisive, with a big assist from artificial intelligence.

Tribune News Service

Meta soars after sales beat, rosy forecast as Facebook grows

Meta Platforms Inc. posted quarterly sales that topped estimates, gave a rosy revenue forecast and indicated Facebook and Instagram still have room to grow, signaling it’s on course for a turnaround after its most difficult year.

Tribune News Service

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Snap shares dive on bad quarterly results

Snap shares dive on bad quarterly results

San Francisco (AFP) - Shares in Snapchat's parent company plunged more than 14 percent on Tuesday after it reported a loss in the final three months of last year on seemingly stalled revenue.

Snap shares tank after losses top $280 million

Snap shares tank after losses top $280 million

The scale of the struggle facing the world’s largest social media firms was laid bare today after Snapchat owner Snap Inc posted a whopping $288 million (£234 million) loss for the fourth quarter, reversing profits of $23 million it made in the previous year and sending its shares down as…

Evening Standard

Why has Alphabet hit the panic button? Only Google can answer that question

Why has Alphabet hit the panic button? Only Google can answer that question

The economic downturn, US lawsuits and the fear of rising tech rivals could be reasons for the firm’s 'code red” alert, but it still has an AI ace up its sleeve

The Guardian - UK

Donald Trump is reinstated to Facebook after 2-year ban

Donald Trump is reinstated to Facebook after 2-year ban

Ending a two-year ban, Facebook says the public has a right to hear from its political leaders, ‘the good, the bad and the ugly — so that they can make informed choices.’

Chicago Sun-Times

Meta says reviewing call to make adult nudity policies more inclusive

Meta says reviewing call to make adult nudity policies more inclusive

San Francisco (AFP) - Meta was reviewing a call by its oversight board to make its policies on adult nudity more inclusive, a spokesperson said Thursday, after the tech giant removed two Instagram posts showing transgender and non-binary people with their chests bared.

Free the nipple: Facebook and Instagram told to overhaul ban on bare breasts

Free the nipple: Facebook and Instagram told to overhaul ban on bare breasts

Meta’s advisory board says policy impedes right to expression for women and trans and nonbinary people

The Guardian - US

Meta alleges online spying firm collected data of 600,000 Facebook users

Meta alleges online spying firm collected data of 600,000 Facebook users

The surveillance firm known as Voyager Labs supposedly extracted info, including social-media posts, friends’ lists, photos, and comments.

Evening Standard

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Facebook wrong to remove 'death to Khameini' posts: watchdog

New York (AFP) - Facebook owner Meta should not have taken down posts featuring a slogan calling for the death of Iranian supreme leader Ayatollah Khameini, a watchdog said on Monday.

Salesforce Is on a Streak (but Just in Case, Here's Where Support Is)

Salesforce stock is riding a three-week winning streak, but here's where strong support lies should it break to lows.

'Gut punch': Meta bruised in EU data fight

Paris (AFP) - European regulators have laid down one of the biggest challenges so far to the multibillion-dollar business model of Facebook owner Meta, analysts said on Thursday.

Tribune News Service

Salesforce eyes thousands of job cuts in fresh Bay Area tech layoffs

Salesforce plans to chop potentially thousands of jobs worldwide within weeks, the company said Wednesday, marking a grim start to 2023 for a tech sector that’s already reeling from layoffs.

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The Independent UK

EXPLAINER: Kansas' Democratic governor imposes TikTok ban

Kansas Gov. Laura Kelly has become one of the first Democratic governors to ban the use of TikTok on state-issued devices

From Twitter chaos to TikTok bans to the metaverse, social media had a rocky 2022

From Facebook's troubled pivot to the metaverse to Twitter's management chaos to industry-wide layoffs, social media companies have had a rocky 2022

TikTok staff accessed data to track journalists, ByteDance finds

Chinese parent company of popular video app says the employees responsible are no longer with the company.

The Independent UK

Meta faces record-breaking fine after being accused of breaking EU rules

Fine for Facebook owner would smash previous European Union record of 4.125 billion euros

Meta 'breached EU antitrust rules' on Facebook ads

Brussels (AFP) - US online giant Meta appears to have "breached EU antitrust rules" in the online classified section of its Facebook social network, the European Commission said Monday in a preliminary finding.

Asharq Al-Awsat

EU Accuses Meta of Antitrust Breaches with Classified Ads

The European Union on Monday accused Facebook parent Meta of breaching antitrust rules by distorting competition in the online classified ads business, the bloc’s latest maneuver to curb the power of Big Tech companies. In its complaint following an investigation launched last year, the EU’s executive commission took issue with…

Meta Stock Slides as EU Commission Says It's Breaking Antitrust Rules

"Meta unilaterally imposes unfair trading conditions on competing online classified ads services which advertise on Facebook or Instagram," the European Commission said.

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