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Ireland fines Meta more than $275 million for failing to protect user data

Nov 29, 2022
Irish regulators fined the social media company about $275 million after an investigation found that it failed to prevent unauthorized access to half a billion Facebook users' personal information.
Josh Edelson/AFP via Getty Images

Tech layoffs show why managing growth can be so tricky for companies

Nov 9, 2022
From Meta to Twitter to Twilio, companies are realizing they might have grown too quickly.
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For tech giants like Meta, feverish pandemic growth is now followed by layoffs

Nov 7, 2022
Jobs losses at Meta and others could be an indicator of wider cuts in other industries.
Meta is reportedly planning to lay off thousands of employees this week, joining several other big companies in downsizing.
Fabrice Coffrini/AFP via Getty Images

Rising interest rates pack a punch for tech companies

Oct 24, 2022
Microsoft, Apple and Meta are reporting earnings this week. But rising interest rates are luring investors away from tech stocks.
For tech companies like Apple that promise longer-term gains to investors rather than short-term results, higher interest rates can pose a challenge.
Spencer Platt/Getty Images

Big Tech is starting to invest heavily in the metaverse

Feb 2, 2022
Competition is heating up in the fledgling space.
An immersive environment like the metaverse offers new ways to work — and purchase goods.
Kirill Kudryavtsev/AFP via Getty Images