Feb 2 (Reuters) – Meta Platforms Inc (META.O) shares rose nearly 20% in premarket trade after the Facebook owner floored Wall Street by slashing its… Read More »Meta mojo is back: Earnings surprise sparks share surge, lifts Big Tech
BRUSSELS, Jan 31 (Reuters) – The European Union (EU) will consult the technology and telecoms sectors on whether tech giants like Alphabet Inc’s Google (… Read More »EU studying whether Big Tech should pay network costs – EU document
DAVOS, Switzerland, Jan 18 (Reuters) – Microsoft Corp (MSFT.O) on Wednesday said it would eliminate 10,000 jobs and take a $1.2 billion charge to earnings,… Read More »Microsoft to shed 10,000 jobs, adding to glut of tech layoffs
Jan 18 (Reuters) – Keen to buttress margins and appease investor concerns at a time of slowing sales growth, big US technology firms are expected… Read More »Big Tech braces for dismal profits, more job cuts
Jan 11 (Reuters) – Big Tech firms and Wall Street titans are leading a string of layoffs across corporate America as companies look to rein… Read More »Factbox: Tech firms, Wall Street lead job cuts in corporate America
Jan 11 (Reuters) – US President Joe Biden said in an opinion piece in the Wall Street Journal that Democrats and Republicans need to come… Read More »Biden says Republicans, Democrats need to unite against Big Tech ‘abuses’ -WSJ
BRUSSELS, Jan 10 (Reuters) – The European Commission wants to ask Big Tech and European Union telecoms providers about their investment outlays and cloud infrastructure… Read More »Exclusive: EU wants details of Big Tech, telcos investment plans – source
Jan 5 (Reuters) – The massive job cuts by Amazon.com Inc (AMZN.O), one of the biggest private employers in the United States, show the wave… Read More »Amazon layoff signals more pain for tech sector as recession fears mount
Jan 4 (Reuters) – Salesforce Inc (CRM.N) said on Wednesday it would lay off about 10% of its employees and close some offices, becoming the… Read More »Salesforce to cut staff by 10% in latest tech layoffs
LONDON, Jan 3 (Reuters) – A group representing internet service providers across Europe said on Tuesday that a proposal to make Big Tech companies pay… Read More »Internet providers warn against EU plans to make Big Tech cover telcos costs