Category: Technology

Snap to lay off ‘approximately’ 10% of its staff Getty Images By Tom Gerken Technology reporter Social media giant Snap, which operates Snapchat, has announced plans to cut “approximately” 10% of its staff. The firm said in November 2023 it had 5,000 employees, suggesting around 500 people are facing redundancy. It is the second wave… Continue reading Snap to lay off ‘approximately’ 10% of its staff

Zuckerberg wins on Wall Street after Washington hit Getty IMages By Natalie Sherman Business reporter, New York Mark Zuckerberg’s Meta had a bad day in Washington this week. But on Wall Street, it took a victory lap. The social media firm updated investors with a slew of good news: quarterly profits that tripled year-on-year to… Continue reading Zuckerberg wins on Wall Street after Washington hit

Meta boss Mark Zuckerberg apologises to families in fiery US Senate hearing This video can not be played To play this video you need to enable JavaScript in your browser. Meta CEO Mark Zuckerberg has apologised to families who say their children had been harmed by social media, during a fiery hearing in the US… Continue reading Meta boss Mark Zuckerberg apologises to families in fiery US Senate hearing

Elon Musk: Judge blocks ‘unfathomable’ $56bn Tesla pay deal Getty Images By Mariko Oi Business reporter A judge in the US state of Delaware has annulled a $55.8bn (£44bn) pay deal awarded to Elon Musk in 2018 by the electric car company Tesla. The lawsuit was filed by a shareholder who argued that it was… Continue reading Elon Musk: Judge blocks ‘unfathomable’ $56bn Tesla pay deal

Elon Musk announces first Neuralink wireless brain chip implant Getty Images By Patrick Jackson BBC News Tech billionaire Elon Musk says his Neuralink company has successfully implanted one of its wireless brain chips in a human for the first time. Initial results detected promising neuron spikes or nerve impulses and the patient is recovering well,… Continue reading Elon Musk announces first Neuralink wireless brain chip implant

Taylor Swift deepfakes spark calls in Congress for new legislation Reuters US politicians have called for new laws to criminalise the creation of deepfake images, after explicit faked photos of Taylor Swift were viewed millions of times online. The images were posted on social media sites, including X and Telegram. US Representative Joe Morelle called… Continue reading Taylor Swift deepfakes spark calls in Congress for new legislation

Microsoft video games division lays off 1,900 staff Blizzard Almost 2,000 workers in Microsoft’s gaming division are to be laid off after its $69b (£54.3bn) merger deal. A memo from Xbox boss Phil Spencer sent to workers says the company plans to shed 1,900 of its 22,000 staff. It was sent three months after the… Continue reading Microsoft video games division lays off 1,900 staff

China appears to U-turn on strict gaming rules proposals Getty Images By Imran Rahman-Jones BBC News China has reportedly backtracked on introducing strict rules on video gaming after draft legislation was removed from the regulator’s website. The National Press and Publication Administration (NPPA) had proposed rules aimed at limiting the amount of money and time… Continue reading China appears to U-turn on strict gaming rules proposals

MrBeast reveals he made $250,000 from X video Getty Images By Imran Rahman-Jones & Natalie Sherman BBC News The world’s most popular YouTuber, MrBeast, has revealed he made more than $250,000 (£197,000) from posting a video on X, formerly known as Twitter. He had previously said it was not worth posting on the social media… Continue reading MrBeast reveals he made $250,000 from X video

Amazon takeover of iRobot to be blocked by EU Getty Images By Shiona McCallum Technology reporter Amazon’s takeover of vacuum cleaner maker iRobot is set to be blocked by the European Union’s competition watchdog, the BBC understands. It’s a blow to the tech giant, which was previously given the all-clear for the purchase by the… Continue reading Amazon takeover of iRobot to be blocked by EU