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The Latest Breaking News from Big Tech

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

Biden accuses social media companies of exploiting children

Washington (AFP) - President Joe Biden called on US lawmakers Tuesday to restrict how social media companies lure children and collect their data, as he accused Big Tech of conducting a "for profit" experiment on the nation's youth.

AFP

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

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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

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.

Roll Call

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

Evening Standard

Apple, Alphabet, Amazon, Tesla, Microsoft and Meta Lost $260Bn in 24 Hours

Concerns over demand for Apple products and services caused an ugly day for Big Tech on Wall Street.

The Street

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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

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

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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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People

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