Keywords: Meta Platforms


Snap to lay off about 16% of staff

Snap Inc, the parent company of Snapchat, has announced plans to reduce its global workforce by approximately 16%, according to reports released on Wednesday. The decision comes as the company faces increasing pressure from investors and a more competitive digital advertising market. The move follows......

AMD stock falls sharply amid competition fears and rising costs despite strong earnings

Advanced Micro Devices (AMD) shares plunged nearly 23% in November, marking the worst monthly decline since 2022. This sharp selloff occurred despite the chipmaker reporting record third-quarter revenue of $9.25 billion, up 36% year-over-year, and issuing optimistic guidance for the fourth quarter. The......

Alphabet shares reach new record as Google challenges Nvidia’s reign in AI chips

Alphabet  shares climbed to unprecedented heights following reports that Google’s latest AI advancements and chip technology are disrupting Nvidia’s  dominance in the artificial intelligence hardware space. The surge comes amid growing investor enthusiasm fueled by the......

Asian markets struggle despite trade truce between Trump and Xi

Asian stock markets faced mixed outcomes on Friday, highlighting investor skepticism over the limited scope of a recently announced trade truce between the United States and China. Concerns about slowing global economic growth overshadowed the diplomatic breakthrough. Mixed performance across Asian......

Meta Reverses Policy, Halting Fact-Checking Program and Easing Content Restrictions

Meta Platforms, a leading social media company, has made a significant shift in its approach to content management. In a major policy reversal, Meta has discontinued its U.S. fact-checking program and reduced restrictions on debates about sensitive topics like immigration and gender identity. This decision......