With Amazon.com down 33% this year and Meta Platforms tumbling over 40%, you might expect the carnage in Big Tech is nearly over. You would probably be wrong.
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Europe’s antitrust chief, Margrethe Vestager, has called for a global approach towards Big Tech to prevent companies taking advantage of enforcement gaps.
Meta Platforms is slowing the growth of its workforce as the Facebook parent looks to rein in costs, the company said.
Facebook is pulling out of podcasts and plans to remove them altogether from the social media service starting 3 June.
Google lashed out at the European Union on Monday for doling out a “quasi criminal fine of very large proportions”.
The effects of the fundamentally different approaches to management and culture at Alphabet and Meta Platforms have proven to be far-reaching.
It’s been more than two years since Apple issued revenue guidance, a worrying trend towards decreasing transparency at the world’s largest company.
Twitter, in one of its last earnings reports before Elon Musk takes the company private, reported revenue that missed analysts’ estimates.
Huawei almost doubled its R&D budget over the past five years to $22.1-billion in 2021 – more than any company in the world outside America.
Meta Platforms will this week attempt to overturn a controversial order to sell off Giphy, in a four-day trial that’ll mark the biggest antitrust court clash in the UK this year.