The penalty, imposed by Irish data regulators, brings European fines against Facebook’s parent company to more than $900 million since last year.
Category: Meta Platforms Inc
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TikTok Builds Itself Into an Ads Juggernaut
The Chinese-owned video app’s ad business is thriving, even as a digital advertising slump hurts Meta, Snap and other rivals.
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A Verified Mess: Turmoil From Twitter to FTX
Plus: Is the latest round of tech layoffs a sign of impending doom, or a much-needed structural correction?
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Laid Off by Twitter, Then Tweeting About It
Tech companies that created more workplace transparency see their own tools used to critique them.
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When Tech Stocks Sputter, the Entire Stock Market Sinks
Stocks like Meta, Microsoft, Amazon and Apple have suffered staggering losses this year. But is this a good time to buy? Maybe, if you’re in it for the long term, our columnist says.
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Tech’s Talent Wars Have Come Back to Bite It
Hiring the best, the brightest and the highest number of employees was a badge of honor at tech companies. Not anymore as layoffs surge.
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FTX’s Near-Collapse Batters the Crypto Industry
Prices of digital currencies have tumbled even after the exchange FTX announced a provisional lifeline by a top rival, Binance.
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Meta Lays Off More Than 11,000 Employees
The parent of Facebook, Instagram and WhatsApp reduced its work force by 13 percent and extended a hiring freeze through the first quarter of next year.
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Meta Is Said to Plan Significant Job Cuts This Week
Mark Zuckerberg, Meta’s chief executive, said last month that many “teams will stay flat or shrink over the next year” as his company faces economic challenges.
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Elon Musk Takes a Page Out of Mark Zuckerberg’s Social Media Playbook
As Mr. Musk takes over Twitter, he is emulating some of the actions of Mr. Zuckerberg, who leads Facebook, Instagram and WhatsApp.
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Credit Suisse Plans a Big Retreat From Wall Street
Shares in the Swiss banking giant tumbled after its executive team laid out the details of a long-awaited restructuring plan.
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Tech’s Biggest Companies Are Sending Worrying Signals About the Economy
A series of quarterly earnings reports is showing that even Silicon Valley’s most powerful companies are feeling the impact of inflation and rising interest rates.