Meta is selling Giphy for a staggering loss in the hundreds of millions after the UK’s regulator forced a sale.
Meta Hit With Record €1.2 Billion Fine Over EU Privacy Violations
As expected, Ireland’s privacy regulator has levied a record fine against Meta over its handling of EU user data.
Meta Is Developing Its Own Custom Silicon for AI
Meta announced it is joining the ranks of companies developing custom silicon, with plans to develop chips to power its AI models.
Ireland Poised to Slap Meta With a Record Privacy Fine
Meta is once again in the crosshairs over privacy, with Ireland’s Data Protection Commission (DPC) poised to levy a record fine.
FTC’s ‘Blanket Prohibition’ Would Prohibit Facebook From Profiting Off of Youth Data
The Federal Trade Commission is proposing new protections that would prohibit Facebook from profiting off of youth data.
Meta Taking Steps to Block News for Canadian Users
Meta is taking steps to block news from displaying for Canadian users in response to a bill that would force the company to pay for news.
Meta Wins Antitrust Case Brought by States
Meta has scored an important victory, winning the antitrust case brought against it by a coalition of state attorneys general.
Meta Reportedly Announcing More Layoffs Tomorrow
Meta is reportedly planning to announce more layoffs tomorrow, adding to the 21,000 employees it has already laid off.
Working in the Metaverse Is a Miserable Experience
Meta CEO Mark Zuckerberg may be enamored with the metaverse, but people who have to work in it have a decidedly different view.
Tech Workers Should Brace for More Layoffs
Despite already suffering more than 330,000 layoffs since 2022, experts believe tech workers should brace for even more.