Meta Platforms Q1 earnings beat Wall Street forecasts, stock soars 12%

Facebook parent company Meta Platforms Inc on Wednesday reported first-quarter earnings that beat Wall Street’s expectations.…

Tech stocks seem to be havens to avoid the banking crisis, for now

Tech stocks have been relatively untouched by the turmoil in the financial markets. How long this…

video | Meta to lay off 10,000 workers in second round of job cuts

Facebook-parent Meta Platforms said Tuesday it will cut 10,000 jobs four months after laying off 11,000…

Meta gave poor performance reviews to thousands of employees, and layoffs coming?

Months after Meta handed out pink slips to nearly 11,000 employees, reports came that thousands of…

TikTok parent takes on Meta in battle for virtual-reality market

ByteDance Ltd., the China-based owner of TikTok, has begun chipping away at market share in the…

Market breadth is improving as more stocks join the rally

More stocks across sectors are participating in the market’s 2023 rebound, which is often an encouraging…

Layoffs alone won’t solve the tech problem

Tech giants are tightening up on fringe benefits and getting their talent in the door. But…

Tech layoffs open count increase, torpedo long-shot projects recently

Now the big question is, will these steps be enough? The answer will become clear in…

big tech stop doing stupid things

The era of moonlight is (mostly) over. Tech companies are taking a more worldly approach this…