With deal for Twitter, Elon Musk lands a prize and pledges fewer limits
Elon Musk struck a deal on Monday to buy Twitter for roughly $44 billion, in a victory by the world’s richest man to take over...
Facebook’s parent company will make employees do their own laundry
As Facebook prepares for some employees to return to in-person work, it is adjusting or cutting some of its famous, lavish employee perks.
Out with the Facebookers. In with the Metamates
Google’s employees are called Googlers. Amazon’s workers are Amazonians. What about folks who work for Meta, formerly Facebook? Meet the Metamates.
Spotify bet big on Joe Rogan. It got more than it counted on.
A deal with Joe Rogan worth more than $200 million helped make Spotify a podcasting giant. Accusations that he spreads misinformation have roiled the company.
Meta spent $10 billion on the metaverse in 2021, dragging down profit
Meta's quarterly profits decreased 8 percent, to $10.3 billion, from a year earlier. Shares of Meta’s stock plunged about 22 percent in after-hours trading.
Twitter shakes up security team
Parag Agrawal, Twitter's new chief executive, fired the company’s head of security this week. Twitter’s chief information security officer is also leaving.
The new get-rich-faster job in Silicon Valley: crypto startups
When Sandy Carter left her job as a vice president of Amazon’s cloud computing unit this month, she joined a wave of executives and engineers...
Who is Parag Agrawal, Twitter’s new CEO?
As Twitter’s new chief, Parag Agrawal has his work cut out for him. The company faces challenges, such as placating activist investors and calming an...
To build the metaverse, Meta first wants to build stores
One of the first steps toward building the metaverse may be physical instead of virtual. Meta, the social network company formerly known as Facebook, has...
Facebook profits jump 17%
Facebook said revenue rose 35% to $29 billion in the three months ending in September compared with the same period last year, while profits rose...