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Uber to reduce spending, slow down hiring

On Monday, Uber Technologies, Inc. announced that it would scale back hiring and cut expenditure on its marketing and incentive activities. CEO Dara Khosrowshahi explained...

Weekly Overview: Forex, Stocks, Crypto, Commodities May 6

Global markets and trends are changing each day. Some major influencers cause price movements each second. How have you performed Forex, Stocks, Crypto, and...

Meta to reduce hiring in cost-cutting push

Meta Platforms Inc. said on Wednesday that it would slow or pause hiring as the company reckons with its weakest revenue growth on record. The...

Facebook (Meta) Earns a Lot of Money, But How?

Last year, Facebook Inc. changed its name to Meta. Facebook’s parent company Meta Platforms Inc. primarily earns money by selling advertising space on its...

13 Apps Removed -Trojan Crypto Wallet Scheme

A study by ESET, a cybersecurity firm, found a sophisticated scheme that distributes Trojan applications; Disguised with popular cryptocurrency wallets. Malicious Scheme targets mobile devices...

Meta tightens content moderation policy for Ukraine

On Monday, Facebook parent Meta Platforms announced further tightening its content moderation policy for Ukraine. Correspondingly, this move aims to prohibit calls for the death...

Ukraine Seeks Support from Tech Firms against Russia

On Wednesday, Ukraine sought help from 50 additional technology companies to take action against Russia following a slew of earlier requests. Accordingly, the country appealed...

Google bans Russian media channels in play store

Google bans Russian media channels in play store Late Tuesday, Alphabet Inc.’s Google announced that it had blocked mobile apps connected to Russian-state-owned media channels...

Meta identifies hacking campaign targeting Ukraine

On Monday, Meta Platforms Inc. uncovered a hacking campaign that has used Facebook to target prominent public figures in Ukraine. The technology company attributes the...

China’s tech giants push toward a metaverse opportunity

China’s tech giants have an interest in the metaverse. The world’s most valuable companies are racing to build the next great platform for digital entertainment...

Bored Apes and the battle for the future of the Internet

The tension around Bored Apes and the community started a week ago. On Friday, BuzzFeed’s Katie Notopoulos posted a story that kicked an online war....

Are tech giants facing severe challenges?

Investors are looking to invest in U.S. and China giants. Strategists told CNBC that they should be cautious as these companies face many challenges. The...

Lawmakers against Clearview AI facial recognition contracts

Four Lawmakers are against Clearview AI facial recognition contracts. On Wednesday, four progressive lawmakers sent letters to several fed agencies. They demand an end...

Amazon’s Revenue Rose by 9% in the Fourth Quarter

Amazon’s revenue rose by 9% in the fourth quarter and it reported a gain of almost $12 billion from its investment in Rivian. The company...

Snap shares rose 62% on first-ever quarterly net profit

Snap reported its quarterly net profit and beat analyst estimates for the Q4 on earnings, revenue, and user growth. The report comes a day after...