Category: Technology News

Meta Platforms Inc is expected to announce a mass layoff on Wednesday amid the company’s slow growth and dismal financial results. Before this, Meta’s shareholder Altimeter Capital Management stated in an open letter to the

Over a week after Elon Musk took charge of Twitter, the social media company announced that they would inform their staff about their employment fate through email on Friday at 12 PM Pacific time. According

Meta announces new Facebook and Instagram features on Wednesday that will enhance the experience for content creators. The new features are expected to help the creators grow their communities and earn more income. Instagram will

The Japanese entertainment and electronics conglomerate, Sony Group Corp, rose 8.26% on Wednesday, boosting its net-profit forecast after a newly found strength in its music and movie industries. After the market closed on Tuesday, Sony

Video game giant Electronic Arts announces its long-term partnership with Marvel on Tuesday, starting its three-game deal with Iron Man. While the Iron Man game is set to tap into the character’s rich history, EA

Amid a lockdown triggered by the Covid outbreak, Foxconn is distressed after reporting that several workers have fled the Zhengzhou plant, an iPhone manufacturing facility in central China, over the weekend. On October 19, Foxconn

US telecommunication company Comcast Corp. fared well in the third quarter, surpassing analysts’ expectations, despite a slight revenue drop and broadband customer growth remaining soft. The Pennsylvania-based firm brought in earnings per share (EPS) of

US tech giants Alphabet Inc. and Microsoft Corp. reported on Wednesday a loss of momentum in their respective top lines for the third quarter. Google-parent Alphabet stated that its revenue rose 6% year-over-year to $69