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Social Media Layoffs Hit Meta
The tech giant confirmed an unspecified number of job cuts at WhatsApp and Instagram.Business - Inc. - October 17 -
Meta misses on user growth, warns of 2025 jump in AI spending
Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.Business - CNBC - October 30 -
Meta fires staff for abusing $25 meal credits
Workers used benefits to buy acne pads, wine glasses and laundry detergentBusiness - Financial Times - October 17 -
Meta under fire for ‘polluting’ open-source
Open Source Initiative chief criticises tech group for using the term to describe its Llama modelsBusiness - Financial Times - October 17 -
Meta unveils features to combat teen ‘sextortion’
Meta is ramping up its efforts to fight sextortion on Instagram with the launch of new features that are designed to help prevent young users from getting blackmailed into sharing nude photos.Top stories - NBC News - October 17 -
Meta fires staff for buying toothpaste, not lunch
Meta workers reportedly used vouchers that should have been spent on meals to buy household goods.Top stories - BBC News - October 18 -
Meta Battles Social Media Addiction Lawsuit in Massachusetts
Meta, which owns and operates Facebook and Instagram, is facing accusations that it used tactics to get users hooked on its platforms.Business - Inc. - October 19 -
Albania's left-wing former President Meta is arrested on corruption allegations
Albanian prosecutors have arrested former President Ilir Meta on suspicion that the left-wing Freedom Party leader engaged in alleged corruption, money laundering and hiding of personal income and ...World - ABC News - October 21 -
Why Meta and Snap are spending billions on AR glasses
Meta CEO Mark Zuckerberg and Snap CEO Evan Spiegel are betting big that augmented-reality glasses will replace the smartphone.Business - CNBC - October 24 -
House Republican presses Meta on censoring political content
Texas Rep. August Pfluger (R) expressed concern in a letter to Meta on Tuesday over the platform's decision to automatically opt users out of political content, arguing the platform's users should ...Politics - The Hill - October 24 -
Meta Reports Record Revenue, Slower Ad Growth
The social media giant is spending billions on artificial intelligence and products for virtual and augmented reality.Tech - The Wall Street Journal - October 31 -
Meta and Microsoft Won’t Stop Spending on AI
Both tech giants reported strong third quarters but their stocks fell anyway.Business - Inc. - October 31 -
Tom Brady officially a part owner of the Raiders after NFL owners approve it
The former Patriots and Buccaneers QB is now part of NFL ownership.Sports - Yahoo Sports - October 15 -
She Weathered Angry Comments and Attacks After a Visit From Kamala Harris. She Still Thinks Entrepreneurs Should Have a Voice in Politics
After Danielle Romanetti, the owner of Fibre Space, hosted Kamala Harris’s visit in 2021, she saw a $30,000 windfall—and a surge in troll attacks. How she suggests dealing with attention, even if ...Business - Inc. - October 14 -
Louis Vuitton Owner LVMH Misses Revenue Expectations
The French luxury empire said the decline in revenue during the quarter was mainly due to lower growth in Japan.Business - The Wall Street Journal - October 15 -
Owners approve Brady's bid to buy into Raiders
Tom Brady's purchase of a minority stake in the Raiders was approved by NFL team owners Tuesday.Sports - ESPN - October 15 -
The Dolby Theatre, home of the Oscars, has a new owner
The Dolby Theatre, known for hosting the Academy Awards, is selling to a prominent investor in the media and entertainment space.Entertainment - Los Angeles Times - October 15 -
Chiefs owner OK with kicker Butker's new PAC
The owner of the Chiefs says he has no issue with kicker Harrison Butker forming a political action committee designed to encourage Christians to vote for what the PAC describes as "traditional ...Sports - ESPN - October 17 -
TikTok owner sacks intern for sabotaging AI project
Chinese technology giant ByteDance denied reports that the incident caused more than $10m of damage.Top stories - BBC News - October 21 -
Valencia fans protest against owner in LaLiga loss
Valencia fans protested owner Peter Lim and reported detention of two fans in Singapore before and after their team's 3-2 loss to Las Palmas.Sports - ESPN - October 22 -
Forest owner banned for spitting towards officials
Nottingham Forest owner Evangelos Marinakis was given a five-match stadium ban for spitting on the floor as the referee walked past him.Top stories - BBC News - October 22 -
From Overworked Operator to Passive Income Owner
How entrepreneurs can rethink their business strategy to one relying on self-management.Business - Inc. - October 25 -
Raiders owner Davis quashes Crosby trade talk
Raiders owner Mark Davis told ESPN in an email that "we're not trading Maxx Crosby."Sports - ESPN - October 27 -
Inheritance tax reforms to hit business owners and farmers
Tax relief to be capped on assets worth more than £1mnWorld - Financial Times - October 30 -
Wrexham's Hollywood owners buy local brewery
Ryan Reynolds and Rob McElhenney have bought another piece of Wrexham -- its brewery.Sports - ESPN - October 31 -
Tyson-Paul 'Owner's Experience' carries $2M tab
A $2 million premium hospitality experience for Mike Tyson's Nov. 15 boxing match against Jake Paul gets you a private suite ringside, prefight locker room access, autographed gloves and additional ...Sports - ESPN - November 1 -
Stolen rare £30,000 Pokémon card returned to owner
The rare Charizard card is found at an address in Polegate after being valued in East Sussex.Top stories - BBC News - 5 days ago -
Business Owners Get a Strong Voice in Pennsylvania Vote
In the small city of Erie, small business owners and entrepreneurs are heavily targeted by both parties’ campaigns.Business - Inc. - 5 days ago -
DHL Owner Net Profit Falls on Costs
Deutsche Post reported a lower net profit on higher costs and said it expects earnings to grow in the fourth quarter, even in a muted economic environment.Business - The Wall Street Journal - 4 days ago -
Primark owner profits jump despite summer washout
It said clothes sales in the UK and Ireland grew despite dampened demand for beach and swimwear.Top stories - BBC News - 4 days ago -
This Week, Business Owners Know the Drill: Be Prepared for Protests
Here’s how you can keep your businesses and teams safe amid potential protests and other disruptions this week.Business - Inc. - 3 days ago -
Why Are So Many N.B.A. Owners Selling Their Teams?
The Boston Celtics are likely to be the ninth team to change hands since 2019.Sports - The New York Times - 3 days ago -
Meta Will Face State Lawsuits Alleging Teen Social Media Addiction
Despite efforts to have two cases dismissed, the parent company of Instagram and Facebook will have a legal reckoning over allegations its platforms harm younger users.Business - Inc. - October 16 -
Meta fires staff for ‘using free meal vouchers to buy household goods’
Facebook and Instagram owner reportedly dismisses about 24 workers for abusing $25 meal credit system. Meta, the owner of Facebook and Instagram, has reportedly fired about 24 staff at its Los ...World - The Guardian - October 17 -
Meta lays off staff at WhatsApp and Instagram to align with 'strategic goals'
Meta says it has laid off some employees, including staff at WhatsApp And Instagram, to realign its resources with its “strategic goals.”Tech - ABC News - October 17 -
Massachusetts judge rules Meta must face state's social media lawsuit
A Massachusetts Superior Court judge has ruled Meta must face a state lawsuit, alleging the company knowingly designed and deployed features harmful to young online users. Suffolk County Superior ...Politics - The Hill - October 18