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 and government sectors. The labor market remains...
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 layoffs, focused on “low performers,” impact multiple...
AI to unlock millions of new jobs across healthcare and finance
AI will generate millions of jobs by 2025 while automating repetitive work, enabling industries like healthcare and finance to innovate and focus on creativity, experts...
Meta ordered to limit data use for ads by EU’s top court ruling
Meta must limit the use of personal data for targeted ads after the EU's top court ruled in favor of privacy activist Max Schrems, marking...
Ray-Ban Meta glasses to feature new AI updates and partnerships
Ray-Ban | Meta glasses are receiving new AI features such as real-time speech translation, memory assistance, and expanded partnerships with Spotify, Amazon Music, Audible, and...
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 feud between Twitter and Threads. He publicly...
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 concerns for Twitter, particularly amidst recent internal...
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 of EU antitrust law. This is because...
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 on Tuesday. The technology giant plans to...