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The Latest Breaking News from Mark Zuckerberg

End of an era? Get to know the big bosses quietly reshaping how tech does business...

With Elon mayhem at Twitter and mass firings at Meta, Silicon Valley is in chaos. Meanwhile, some low-key kingpins are quietly reshaping how tech does business (and you’ve probably never heard of them). Kate Wills reports

Evening Standard

Facebook fails independent journalists

On Jan 29, 2018, the prominent Berlin-based Azerbaijani news site Meydan TV had its Facebook page hacked for the first time. The attackers removed all admin accounts, deleted all content, and removed nearly 100,000 followers.

Bangkok Post

Meta pushes back on ‘false’ report that Zuckerberg is planning to step down as CEO

The Leak, citing an anonymous source, claimed that Zuckerberg would depart in 2023 because of the company’s recent losses.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

New Twitter chief Elon Musk loses over $100 billion wealth in a year

NEW DELHI: World's richest man and the new boss of social media platform Twitter Elon Musk has lost over $100 billion in net worth and is the top most loser in term of wealth in the last 1 year.

The Times of India

The Myth of Tech God Is Crumbling

Tech is full of smart people who build, run and invest in successful companies that have produced a tremendous amount of innovation. But the industry's recent spate of failures and reversals has made one thing clear: Many of its leaders aren't as smart as they thought they were.

Bangkok Post

How to Stand Up to a Dictator by Maria Ressa review – tales of a moral giant

With this important memoir cum manifesto, the Nobel peace prize-winning journalist who took on Facebook and the murderous Duterte regime in the Philippines exposes the abuse of power

The Guardian - UK

Blazers out, Birkenstocks in: how smart casual work ‘uniforms’ can free up brain power

From Steve Jobs’s turtlenecks and sandals to Hillary Clinton’s coloured suits, those in the public eye often adopt a simple signature look

The Guardian - UK

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'Allow people to leave the company with dignity': How Airbnb CEO's job cuts stand in stark contrast to Meta and Twitter

As tech layoffs continue, companies might learn some lessons from Airbnb—one of the first to cut jobs in the pandemic era.

Fortune

Meta Confronts an Apple-Sized Hole in Its Once-Mighty Advertising Business

The social media company must deal with a range of headwinds, but a year later, the hit to its ad targeting capabilities has been particularly painful.

Businessweek

Tech’s tectonic plates are shifting — will Twitter, Meta and the other giants survive?

Amid job losses and tumbling share prices, all the platforms once thought too big to fail are now fighting to stay relevant. From Twitter to Meta, change is afoot, says John Arlidge

Evening Standard

It's the end of the boom times in tech, as layoffs keep mounting

Amazon will reportedly lay off 10,000 employees as soon as this week. That follows job cuts at Meta, Twitter, and Stripe, with CEOs citing economic uncertainty and a slowdown in online ad buying.

WEKU

Billionaires gone wild: Musk, Zuckerberg slash jobs, roll dice with future of Bay Area tech icons

As Elon Musk and Mark Zuckerberg lay off thousands of workers in pursuit of their personal visions for the future of the internet, the fate of Twitter and Facebook rests in the hands of these two billionaires, experts say — and the outcome for the two iconic Bay Area technology…

Tribune News Service

How To Lose $16 Billion In 3 Days: How Sam Bankman-Fried’s Wealth Disappeared

Several days ago, FTX co-founder Sam Bankman Fried saw his wealth plummet by over 90% to a value of $1 billion. Here's how!

Zenger

Bulls And Bears Of The Week: Why Coinbase And FTX Are So Different, Diving Into Zuckerberg's Metaverse And More

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.

Benzinga

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Benzinga

How To Lose $16 Billion In 3 Days: How Sam Bankman-Fried's Wealth Disappeared

Several days ago, FTX co-founder Sam Bankman Fried saw his wealth plummet by over 90% to a value of $1 billion.

Benzinga

Zuckerberg Will Continue To Pour Money Into The Metaverse — But Where's The 'Magic' In The Company's Metaverse Products Today?

Meta Platforms (NASDAQ: META) has seen better days.

Glasgow Live

What is Meta as Facebook and Instagram owner slashes thousands of jobs

The tech giant will cut 13 per cent of its entire workforce as part of the cuts - this comes as part of a major restructuring of the entire company Meta, parent of Facebook.

Daily Mirror

Man creeped out by Facebook 'spying on him' as he gets ads for items he's chatted about

One man had a late-evening phone conversation with a relative about a random topic and the next morning he saw an advert in his Facebook connected to his private chat

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news in one place.

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The Conversation

Mark Zuckerberg can sack 11,000 workers but shareholders can't dump him: it's called 'management entrenchment'

“I want to take accountability for these decisions and for how we got here,” tech billionaire Mark Zuckerberg told the 11,000 staff he sacked this week.

The Guardian - UK

Thursday briefing: Mark Zuckerberg’s Meta cuts 11,000 jobs – is the Facebook founder’s empire falling?

In today’s newsletter: The social media titan is having its first major wave of layoffs since it began in 2004 – and it’s not the only tech company facing problems.

Tribune News Service

Meta to cut 11,000 jobs; Zuckerberg says, ‘I got this wrong’

Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg said the company will cut more than 11,000 jobs, calling himself responsible for the first major round of layoffs in the social media giant’s history.

Fortune

Elon Musk could learn from Mark Zuckerberg when it comes to layoffs

The CEOs of Meta and Twitter took a different approach to firing thousands of employees in the last week.

Benzinga

Is Zuckerberg's Obsession With The Metaverse Becoming A Problem For Investors?

Meta Platforms Inc (NASDAQ: META) shares jumped Wednesday after the company announced it is laying off more than 11,000 employees in an effort to c

The Guardian - UK

Meta mass sackings show Mark Zuckerberg is rattled

Investors only have themselves to blame for not insisting on equal voting rights to rein in tech pioneer

The Guardian - UK

Why Mark Zuckerberg had to announce 11,000 job cuts at Meta

Company thought rise in online activity would last, rivals stole its users, and metaverse was too uncertain for shareholders

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