Big Tech
Business
Facebook-Parent Meta Reveals $40 Billion Stock Buyback
The parent company of Facebook, Meta Platforms, has announced that it has increased its share purchase authorization by $40 billion. According to the company's quarterly earnings statement, its net income has fallen but revenues exceeded forecasts by analysts.
The social...
Business
U.S. Media Giants Announce Staff Layoffs Amid Grim Economic Climate
Several large media corporations in the US, including CNN, Vox, BuzzFeed, and The Washington Post, have announced that they will lay off significant numbers of staff.
Journalists across the country could be facing unemployment in what increasingly appears to be...
Technology
Chinese Scientists Claim Ability to Break Encryption With Quantum Computing
In a recently published paper, Chinese scientists have claimed that they are capable of breaking encryption with quantum computing. Security analysts are concerned that, if true, this technological breakthrough could be a threat to both national and personal security.
Encryption...
Business
Mark Zuckerberg Comments on Elon Musk’s Twitter Strategy
Meta CEO Mark Zuckerberg has commented on Twitter CEO Elon Musk's content moderation strategy for rival social media site, Twitter. He called the approach "very interesting."
The comments were made at the DealBook Summit in November of last year and...
Media
GETTR: Trump Team Creates New Social Media Platform
Former President Donald Trump's team has created and launched a new social media platform called GETTR. Trump's former spokesman Jason Miller spearheaded development of the platform, branding it as another option, different from Big Tech platforms -- most of...