Meta lays off 8,000 employees globally as AI takes over
Meta Platforms, the parent company of Facebook, Instagram and WhatsApp, has begun a major global round of layoffs impacting around 8,000 employees, as the...
Texas sues Netflix for allegedly tracking children without consent
Netflix is facing a major legal challenge in the United States after the state of Texas filed a lawsuit accusing the streaming giant of...
Elon Musk agrees to pay $1.5 million to end Twitter disclosure lawsuit
Billionaire entrepreneur Elon Musk has agreed to pay a $1.5 million civil penalty to settle a lawsuit filed by the United States Securities and...
DeepSeek unveils new AI model, escalates China-US race in artificial intelligence
Chinese artificial intelligence startup DeepSeek has launched a long-awaited new AI model, marking a major step in the intensifying global race for dominance in...
AI push triggers job cuts at four tech giants, thousands laid off in early 2026
A fresh wave of layoffs sweeping across the global technology sector has signalled a dramatic shift in corporate priorities, with some of the world’s...
Meta to lay off around 10% workforce as Zuckerberg doubles down on AI push
Global tech giant Meta Platforms is set to begin a major round of layoffs from May 20, with plans to cut roughly 10% of...
Australia probes Meta, TikTok, Google over under-16 social media ban violations
Australia has launched a major investigation into global tech giants including Meta, TikTok, Snapchat and Google, amid allegations that they have failed to comply...
Meta tests premium subscription model for Instagram with exclusive features
Social media giant Meta has begun testing a new premium subscription service for its popular platform Instagram, marking a significant shift in its revenue...
Meta loses $310 billion in market value amid AI concerns
Meta Platforms Inc., the parent company of Facebook and Instagram, has witnessed a massive erosion of investor confidence, with its market value plunging by...