Technology

Twitter suspended sign-ups for a new paid checkmark system and reinstated a gray “official” badge on some accounts on Friday (November 11) to combat the proliferation of fraudulent accounts following Elon Musk’s takeover. The U-turn was the most recent in a series of turbulent developments at the social network, which has vacillated on the issue of account verification since Musk’s …

Apple Inc. and Amazon.com Inc. were accused on Wednesday in an antitrust complaint of conspiring to increase iPhone and iPad pricing by banning practically all alternative resellers of new Apple products from Amazon’s website. The proposed class action in federal court in Seattle challenged a deal that went into effect in January 2019, under which Apple gave Amazon discounts of …

Singapore has been impacted by global layoffs by social media company Meta, according to sources and posts on the professional networking website LinkedIn. Based on a tally of LinkedIn posts and The Straits Times’s sources, there are at least ten affected employees in Singapore. The layoffs will effect around 13% of Facebook’s parent company’s 87,000-person global workforce, or 11,000 employees. …

Meta Platforms Inc META.O announced on Wednesday that it will lay off 13% of its workforce, or more than 11,000 workers, in one of the year’s largest layoffs, as the Facebook parent company confronts rising costs and a sluggish advertising market. The large layoffs, the first in Meta’s 18-year history, come after hundreds of layoffs at other prominent digital companies, …

The Wall Street Journal stated that Meta Platforms Inc’s chief executive Mark Zuckerberg informed hundreds of executives on Tuesday that layoffs would begin on Wednesday morning. Zuckerberg sounded despondent at Tuesday’s meeting and admitted he was responsible for the company’s errors and that his overconfidence in the company’s development led to overstaffing, according to the newspaper and others familiar with …

As a result of a large production decrease at a virus-infected plant in China, Apple Inc anticipates lower shipments of high-end iPhone 14 models than was originally predicted, hurting its sales expectations for the year-end Christmas season. Apple has remained a rare bright light in the global technology sector, which has been pounded by expenditure cuts owing to rising inflation …

Fear and dread rippled throughout Twitter headquarters on Thursday, as 7,500 employees from San Francisco to Singapore believed that almost half of the staff will be laid off, according to current and former employees and message board messages published by Reuters. Since last week, when billionaire Elon Musk assumed control, he has kept employees in the dark. Multiple employees reported …

Elon Musk, CEO of Tesla, announced in a filing on Monday that he will serve as CEO of Twitter, the social media business he just acquired for $44 billion, a move that Wall Street analysts say will strain the billionaire’s resources. Musk, who also operates rocket company SpaceX, brain-chip startup Neuralink, and tunneling company the Boring Company, ousted Twitter’s former …

Instagram made the announcement that it has ended an outage that had begun on Monday evening and continued into Tuesday morning, November 1. Due to the outage, some users were unable to access their accounts, while others received a notification from Instagram stating that their accounts will be suspended on October 31, 2022. It also resulted in sudden declines in …

Elon Musk, the new owner of Twitter, tweeted an anti-LGBT conspiracy theory about the night US Speaker Nancy Pelosi’s husband was attacked, then removed the remark hours later. The contradictory actions of Musk, a self-proclaimed “free speech absolutist,” threw further doubt on the future course of the social media platform under his new ownership. It also highlighted the enormous megaphone …