S&P 500 jumps as investors eye trade policy signals
Tech stocks surged, pushing the S&P 500 and Nasdaq higher, even as US-China trade negotiations remained stalled....
Tag : Meta
U.S. labor market shows signs of strain as jobless claims increase
U.S. jobless claims climbed to 242,000 last week, hitting a three-month high as layoffs increase in both corporate...
Meta lays off 3,600 employees as tech sector job cuts continue
Meta is laying off 3,600 employees, or 5% of its workforce, as it continues restructuring in 2025. The...
AI is set to create millions of jobs by 2025, says WEF report
AI will generate millions of jobs by 2025 while automating repetitive work, enabling industries like healthcare and finance...
EU court rules Meta must limit use of personal data for targeted ads
Meta must limit the use of personal data for targeted ads after the EU's top court ruled in...
Unexpected ally, Taliban sides with Twitter in social media clash
In an unanticipated development, Anas Haqqani, a key leader of the Taliban, has entered the ongoing social media...
Meta’s Threads versus Twitter, a battle of visions and leadership
The advent of Meta’s Threads app, while a significant milestone in the social media sphere, has raised significant...
Spotify will reduce its workforce by 6 percent
In an effort to prepare for a possible recession, music streaming company Spotify Technology announced on Monday that...
EU antitrust probe could lead to a $11.8 billion fine for Meta
The European Commission, which is the executive arm of the EU, has found Meta to be in violation...
Funding for metaverse projects is raised with a $10 billion bond issue by Meta
Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, raised $10 billion in its first bond offering...