Nasdaq braces for nervy fortnight as investors fall out of love with tech

Posted on January 22, 2022 by Admin

Technology stocks have been tumbling in the new year; now all eyes are on the sector’s giants as they report results

Tech stocks have been nursing a new year hangover, pushing the Nasdaq into correction territory. Momentum is building against companies with exciting promises to reshape the world, as investors turn to “value” alternatives such as oil and banking.

The tech sector now faces a crunch fortnight as its biggest names report results, including Microsoft on Tuesday, Tesla on Wednesday and Apple on Thursday. They must prove they can thrive in a post-lockdown world where the cost-of-living squeeze is leaving people with less money for tech products and services.

‘Breeding grounds for radicalization’: Capitol attack panel signals loss of patience with big tech

Posted on January 14, 2022 by Admin

Subpoenas are an escalation in the committee’s efforts for answers as companies ignored information requests

The House select committee investigating the January 6 insurrection at the Capitol has ordered several social media firms to hand over data relating to the attack, asignificant step toward transparency that could have broader privacy implications.

The committee on Thursday subpoenaed Twitter, Meta, Alphabet and Reddit for private messages exchanged on the platforms about the attack aas well as information regarding moderation policies that allowed communities to remain online even as they incited violence in early 2021.

Killed by a pill bought on Snapchat: the counterfeit drugs poisoning US teens

Posted on December 23, 2021 by Admin

Accidental deaths soar among young people amid a proliferation of fentanyl-filled pharmaceuticals

Fourteen-year-old Alondra Salinas had set out her new white sneakers and packed her backpack the night before the first day of in-person high school when police say she responded to an offer on Snapchat for blue pills, which turned out to be deadly fentanyl. Her mother couldn’t wake her the next morning.

Seventeen-year-old Zachary Didier was waiting to hear back on his college applications when a fake Percocet killed him. Sammy Berman Chapman, a 16-year-old straight-A student, died in his bedroom after taking what he thought was a single Xanax.

‘It’s a fraught moment’: Omicron puts brakes on US return-to-office plans

Posted on December 17, 2021 by Admin

Employers are pausing efforts to call remote workers back in amid a renewed push for strikes and unionization

Large US companies are now pulling back on plans to return to in-person work in light of the Omicron variant’s rapid spread across America.

Employers planning to call remote workers back into the office in the new year are now pausing those efforts, and they are wary of setting new return dates only to push them back once again in the face of continued uncertainty and risks from the pandemic.

Madonna criticises Instagram for taking down nipple photo

Posted on November 26, 2021 by Admin

Artist says it is ‘astounding’ that women can show any part of their body except nipples

From her infamous corset bodysuit with conical bra cups to her bondage-inspired outfits at the Met Gala and MTV video music awards, Madonna has never been shy of causing a stir with her looks. But now the international superstar has come up against an unlikely and powerful foe: Mark Zuckerberg’s social media empire.

On Thursday, the singer criticised Instagram for taking down photographs in which her nipple was exposed, telling her 17 million followers she was grateful she maintained her sanity “through four decades of censorship … sexism … ageism and misogyny”.

Do the Facebook papers spell doom for Meta – or is it too big to fail?

Posted on October 30, 2021 by Admin

The explosive documents from Frances Haugen have renewed calls for legislation, but actually passing it is another story

It’s been a rocky few weeks for the company formerly known as Facebook.

First came the Facebook papers, a series of blockbuster reports in the Wall Street Journal based on a cache of internal documents leaked by Frances Haugen, a former employee turned whistleblower.

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Category Archives: Meta

Nasdaq braces for nervy fortnight as investors fall out of love with tech

‘Breeding grounds for radicalization’: Capitol attack panel signals loss of patience with big tech

‘It’s a fraught moment’: Omicron puts brakes on US return-to-office plans

Madonna criticises Instagram for taking down nipple photo

Do the Facebook papers spell doom for Meta – or is it too big to fail?