Leaked video: Mark Zuckerberg addresses Meta employees after mass layoff
Meta CEO Mark Zuckerberg addressed employees Wednesday afternoon, hours after the company announced it is laying off 13% of its staff, more than 11,000 people.
CNBC Technology
Elon Musk brainstorms plans for how payments could work on Twitter
During an audio broadcast with advertisers on Wednesday, Musk outlined some plans for a payment system on Twitter.
Meta laying off more than 11,000 employees: Read Zuckerberg's letter announcing the cuts
Meta is laying off 13% of its staff, or more than 11,000 employees, CEO Mark Zuckerberg told employees on Wednesday.
Elon Musk took over a struggling business with Twitter and has quickly made it worse
Elon Musk has a lot of work to do to regain the trust of advertisers, but he seems more inclined to push them further away.
Tesla sinks to almost two-year low on Elon Musk stock sales, Twitter distraction
Shares of Tesla have been plummeting since Elon Musk said he would buy Twitter, and the retreat gained steam after Musk reported sales of Tesla stock.
Meta shares pop 5% as Wall Street rallies around layoffs
Shares of Meta jumped Wednesday after the company announced it will lay off more than 11,000 employees.
Roblox shares sink after reporting bigger loss than expected
Shares of Roblox fell in premarket trading Wednesday after the company reported a third-quarter loss but beat analyst estimates for revenue.
Elon Musk reverses course, kills new 'official' designation for big-name tweeters
Twitter owner Elon Musk said he has already "killed" the new "official" designation Wednesday, which already started rolling earlier in the morning.
Lionel Messi takes stake in NFT fantasy soccer game Sorare
Paris Saint-Germain forward Lionel Messi is joining the French NFT trading card game Sorare as an investor and brand ambassador.
FTX's token plunges 80% on liquidity concerns, wiping out over $2 billion in value
FTT, the native token of crypto exchange FTX, lost most of its value on Tuesday, following news that rival Binance had plans to acquire the company.
This 22-year-old survives Lebanon with a bitcoin mining business that's been earning $20,000 a month
Here's a look into Lebanon's burgeoning crypto mining industry, a lifeline for many Lebanese as the country's financial system falls apart.
Bitcoin briefly touches a new low for the year, FTX token plunges more than 75% in broad crypto sell-off
The cryptocurrency market slid after the two biggest crypto exchanges, Binance and FTX, came to a merger agreement to fix a "liquidity crunch."
Twitter exec says there will soon be three types of accounts: official, paid and unlabeled
Some originally verified accounts will soon sport an "official" label, while users who pay $7.99 per month for Twitter Blue will get a blue check mark.
Disney misses on profit and key revenue segments, warns streaming growth could taper
Disney fell short of expectations for profit and key revenue segments during the fiscal fourth quarter Tuesday.
Musk reportedly considers locking all of Twitter behind a paywall
Elon Musk, the new owner of Twitter, is considering putting the entire platform behind a paywall, according to a report from Platformer.
Salesforce cut hundreds of employees Monday
Deal cycles have been lengthening as top executives weigh in to be more careful about spending, Salesforce co-CEO Marc Benioff said in August.
Tesla recalls more than 40,000 U.S. cars over possible loss of power steering
Tesla is recalling more than 40,000 2017-2021 Model S and Model X vehicles that could experience a loss of power steering assist.
Lyft shares fall after disappointing revenue, active rider miss
Lyft reported third-quarter revenue that fell short of estimates, and active riders came in below Wall Street's forecast.
Judge denies disgraced former Theranos CEO Elizabeth Holmes' motion for new trial
A federal judge denied Theranos founder Elizabeth Holmes' motion for a new trial Monday, according to a court filing.
Binance offers to buy FTX's non-U.S. operations to fix 'liquidity crunch'
Binance has reached a deal with Sam Bankman-Fried's FTX to buy the crypto exchange.
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