Meta announces 13% job cuts to leave more than 11,000 redundant
The parent company of Facebook has shifted more resources to a smaller number of high priority growth areas…
Apps
Twitter confirms roll out of blue tick subscription service for $7.99
07 Nov 22In addition to the blue-tick verification subscription service, the Twitter app update claims to have halved the ads,…
Musk to begin mass layoffs at Twitter following $44bn takeover
04 Nov 22The US-based microblogging and social networking service is expected to see several job cuts, as confirmed by an…
Elon Musk completes $44bn takeover of social media firm Twitter
28 Oct 22Immediately after taking over Twitter, the Tesla and SpaceX CEO fired the social media company’s CEO Parag Agrawal,…
Meta reports 52% drop in Q3 2022 net income to $4.4bn
27 Oct 22The parent company of Facebook earned revenue of $27.7bn during the third quarter of 2022 ended 30 September…
Google fined $113m by Indian anti-trust regulator for Play Store policies
26 Oct 22App developers who do not adhere to Google’s policy of using GPBS are not allowed to list their…
UK CMA orders Facebook owner Meta to divest Giphy
19 Oct 22The Competition Appeal Tribunal upheld the British Competition and Markets Authority’s decision that the previously closed acquisition of…
Musk reveals intentions to go ahead with $44bn Twitter takeover deal
06 Oct 22Twitter confirmed that it received a letter from parties related to Musk and that the social media firm…
Mobile app developer ASIG to go public in $2.5bn SPAC deal
30 Sep 22The Singaporean firm, which is merging with Magnum Opus Acquisition, has developed products such as the Uplive video…
Adobe to acquire web-first collaborative design platform Figma for $20bn
16 Sep 22The computer software major expects the web-based, multi-player capabilities of Figma to expedite the delivery of its Creative…