META

Intel begins layoffs and offers unpaid leave to manufacturing workers

The layoffs and cost-cutting that Intel Corp. Executives recently warned about have begun in California, with a couple of hundred employees set to lose their jobs next month, and manufacturing employees worldwide being offered unpaid leave. According to letters Intel INTC, -1.95% sent to the state Employment Development Department, the company is laying off 111 …

Intel begins layoffs and offers unpaid leave to manufacturing workers Read More »

Facebook, Instagram Face Ruling That Could End Targeted Ads

Photo: Sergey Elagin (Shutterstock) Privacy regulators in the European Union have ruled that Meta, parent company of Facebook and Instagram, can’t make giving up data for targeted ads a condition of joining the social networksaccording to reports published Tuesday in the Wall Street Journal and Reuters. The decision threatens to upend the social media giant’s …

Facebook, Instagram Face Ruling That Could End Targeted Ads Read More »

Mark Zuckerberg joins the Apple bashing: It is ‘problematic for one company to control what kind of app experiences get onto a device’

Mark Zuckerberg has joined the Apple-bashing party. Just hours after Spotify Technology Inc. SPOT, +5.75% Chief Executive Daniel Ek went off on Twitter, charging that Apple “gives itself every advantage while at the same time stifling innovation and hurting consumers,” it was Zuck’s turn. “Apple has sort of singled themselves out as the only company …

Mark Zuckerberg joins the Apple bashing: It is ‘problematic for one company to control what kind of app experiences get onto a device’ Read More »