Meta Platforms

Exclusive: Tencent scraps plans for VR hardware as metaverse bet falters

Tencent Holdings is abandoning plans to venture into virtual reality hardware, as a sobering economic outlook prompts the Chinese tech giant…

3 years ago

Salesforce to cut 10% of workforce after hiring “too many people”

Salesforce Inc said it plans to cut jobs by 10% and close some offices, after rapid pandemic hiring left it…

3 years ago

Kanye West to buy social media app Parler

American rapper Kanye West, who now goes by Ye, has proposed to buy Parler, the social media platform popular among…

3 years ago

Friday’s Russell rebalance may stoke more volatility in nervous stock market

Investors in the volatile U.S. stock market are preparing for what may be one of the heaviest trading days of…

3 years ago

SoftBank seen posting bruising Vision Fund loss on tech sell-off

Japan's SoftBank Group Corp (9984.T) is set to report a bruising loss at its Vision Fund investment unit on Thursday, analysts said,…

4 years ago

How Meta fumbled propaganda moderation during Russia’s invasion of Ukraine

Days after the March 9 bombing of a maternity and children's hospital in the Ukrainian city of Mariupol, comments claiming…

4 years ago

Meta has announced the launch of a universal AI-based translation software!

Meta is planning to launch an AI-based revolutionary effort to develop translation software for its users

4 years ago

Global equity funds see biggest inflow in six weeks

Global equity funds drew massive inflows in the seven days to Feb. 9 as investors cheered strong earnings results from…

4 years ago

Sony slides on ‘monumental challenge’ from Microsoft gaming deal

Shares in Japan's Sony Group (6758.T) fell 9% on Wednesday after gaming rival Microsoft (MSFT.O) said it will buy developer Activision Blizzard (ATVI.O) in a record…

4 years ago

White House will meet execs from Apple, Amazon, IBM to discuss software security

The White House will meet executives from leading tech firms, including Alphabet-owned Google (GOOGL.O), Apple Inc (AAPL.O) and Amazon.com Inc , on Thursday…

4 years ago