Business

Facebook parent Meta cuts 11,000 jobs, 13% of workforce

Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CEO Mark Zuckerberg said in a letter to employees Wednesday.

Business

Annual tech gathering takes aim at crypto

One of the world's biggest technology get-togethers kicks off in the Portuguese capital on Tuesday, with organizers saying a key aim is to ask tough questions about cryptocurrencies.

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