Facebook’s owner Meta Platforms saw its stock market value slump by more than $230bn (£169bn) on Thursday, in a record daily loss for a US firm. Its shares fell 26.4% after quarterly figures disappointed investors. Meta also said that Facebook’s daily active
The US saw strong hiring last month, despite disruption caused by the Omicron variant of coronavirus. Employers added 467,000 jobs, the Labor Department said. That was far better than analysts had predicted. The jobless rate inched up from 3.9% in December to
Inflation is a battle people all over the world are fighting. But the struggle is particularly acute in Turkey where people are finding it increasingly difficult to make ends meet. They are making tough decisions about what they can afford and how
Tesla is recalling nearly 54,000 vehicles because a software feature lets them roll through stop signs. The company will issue an over-the-air software update that disables the Full Self-Driving Beta (FSDB) “rolling stop” function. Elon Musk, the firm’s chief executive tweeted that
Social media giant Facebook has seen its daily active users (DAUs) drop for the first time in its 18-year history. Facebook’s owner Meta Platforms says DAUs fell to 1.929bn in the three months to the end of December, compared to 1.930bn in
Spotify’s boss says it is “too early to know” how the controversy over Joe Rogan’s podcast, which averages 11m listeners an episode, has hit the firm. Musicians, including Neil Young and Joni Mitchell, asked for their music to be removed from the
An Australian billionaire has launched a criminal case against Facebook, alleging the company failed to prevent scam ads that used his image. Andrew Forrest argues Facebook breached Australian anti-money laundering laws over the spread of cryptocurrency cons. He said it was the
Rotterdam has confirmed it will dismantle a historic bridge to allow a superyacht built for Amazon founder Jeff Bezos to fit through. The record-breaking luxury yacht is being built by Dutch firm Oceanco and was linked to Mr Bezos last year. The
The code that powers the website of the viral puzzle game Wordle can be copied and saved to continue playing it for the next seven years, it has been revealed. The finding comes amid concerns that the game’s sale to the New
Facebook’s owner Meta Platforms saw its stock market value slump by more than $230bn (£169bn) on Thursday, in a record daily loss for a US firm. Its shares fell 26.4% after quarterly figures disappointed investors. Meta also said that Facebook’s daily active
