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Amazon to Lay Off Another 9,000 Employees

Amazon has announced that it will lay off 9,000 employees in yet another round of redundancies initiated by the online retail giant this year. Amazon president and CEO Jeff Jassy cited an "uncertain economy" and cost-cutting as reasons for the...

Meta Executive Working in Greece Hacked by ‘Predator’ Spyware

A dual U.S.-Greek national working for Meta Platforms Inc. was hacked by the Predator spyware for around one year in Greece, the New York Times (NYT) revealed on Monday. At the time, Artemis Seaford was in Greece working as a...

Facebook Parent Meta Cuts 10,000 Jobs

Meta Platform will cut another 10,000 jobs as the tech sector prepares for a sharp economic decline. Facebook's parent company announced Tuesday that recruiting teams and tech groups would reduce in late April, then business groups in late May. Meta is...

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...

Amazon to Fire 18,000 Staff to Cut Costs

Amazon is planning to lay off more than 18,000 employees to cut back on costs. It will be the largest dismissal of workers in the firm's 28-year history. It has not yet been announced where the job losses will occur,...

Greek Startups Market to Be Created by the Athens Stock Εxchange

Greek startups blossomed in 2022 and their total value is estimated at eight billion euros ($8.5 billion), which is the second highest amount in the region of Southeastern Europe after Romania. Deals of several million were made in the startup...

Meta Denies CEO Mark Zuckerberg to Resign

Meta officials have denied rumors that billionaire Mark Zuckerberg plans to resign as CEO of the company he built from the ground up. A communications official for the company tweeted on Tuesday: "This is false." Rumors of Meta CEO Mark Zuckerberg’s...

Amazon: Thousands of Layoffs Reported to Start This Week

First Twitter, then Meta, and now apparently Amazon. According to the news that broke out today, the multinational technology company is now reportedly planning to lay off thousands of employees beginning sometime this week. It is the fall of the...

Facebook Meta Lays Off 11,000 Employees

The tech industry, like Silicon Valley, was once a major force to be reckoned with. Giants like Meta, Facebook, Instagram, Twitter, and Amazon each ruled over their respective domains. Furthermore, they did so without any signs of ever having...

Mark Zuckerberg to Testify in U.S. Case Against Facebook

Meta Platforms Inc CEO Mark Zuckerberg will testify in a U.S. case by the Federal Trade Commission (FTC). The case argues that the company's proposed deal to buy virtual reality (VR) content maker Within Unlimited Inc should be blocked. In...