Telegram, the messaging platform founded by CEO Pavel Durov, is under scrutiny by European Union officials who suspect the company may have misrepresented its user numbers to avoid stricter regulation …
tech industry
- BUSINESS & ECONOMYTECHNOLOGY
Cisco to Implement Second Round of Layoffs Amidst Strategic Shift to AI and Cybersecurity
Cisco Systems, the U.S.-based networking giant, is set to execute a second wave of job cuts this year, further reducing its workforce as the company realigns its focus towards higher-growth …
X, the social media platform owned by Elon Musk, has initiated legal proceedings against several advertisers for boycotting its platform. X Corp’s CEO, Linda Yaccarino, announced the lawsuit in an …
- TECHNOLOGYBUSINESS & ECONOMY
Meta Faces $13.4 Billion EU Antitrust Fine Over Marketplace-Facebook Integration
Meta Platforms is set to receive its first EU antitrust fine in a few weeks for linking its Marketplace ad service with the social network Facebook. The European Commission’s decision …
Apple is under scrutiny from the European Union, facing allegations of anti-competitive practices within its App Store. This marks the first instance where EU regulators have enforced the newly established …