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.

Internet

US Supreme Court to hear cases challenging tech firm immunity

The US Supreme Court, in a decision with potentially far-reaching ramifications, agreed on Monday to hear two cases challenging the legal immunity of internet companies from liability for content posted by their users.

Business

US gets a voice in Epic battle with Apple

The US justice department wants to have its say on Apple's antitrust tussle with Epic Games, which is due to be heard on appeal next month—a year after a Californian court ruled largely in favor of the iPhone maker.

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