Meta Platforms said it would cut 13% of staff, embarking on the company’s first broad restructuring to cope with a slumping digital-ad market and falling stock price.4 min read
Streaming losses more than doubled in the recent quarter but have reached their peak, says CEO Bob Chapek.3 min read
Taiwan Semiconductor Manufacturing, the world’s largest contract chip maker, plans to announce a second multibillion-dollar factory in Arizona.3 min read
The German sporting-goods company said it is the sole owner of all rights to existing products, except for the Yeezy name, and it intended to make use of those rights as early as the end of 2023.4 min read
How to cope and what to do next if your company lets you go.174 min read
Designation confers authenticity on the account and differs from the for-purchase blue check mark.1 min read
The sale this month of 19.5 million shares came after the billionaire completed his $44 billion purchase of Twitter.823 min read