Elon Musk threatens to sue Microsoft after it announced plan to remove Twitter from its corporate advertising platform
TECHNOLOGY POWERING BUSINESS
News Advertising
Meta Lays Off Technical Staffers, In Another Workforce Blow
Second tranche of layoffs begin at Meta Platforms, as engineers and other technical staff are made redundant
Elon Musk Axed 80 Percent Of Staff, Admits Painful Tenure
Musk tells BBC Twitter is now roughly breaking even and advertisers are returning, but admits running platform is “quite painful”
Judge Rules Google Deleted Chats In Antitrust Case
US federal judge rules Google intentionally sought to “hide the ball” in high profile antitrust case by automatically deleting evidence
OpenAI Fixes Bug With ChatGPT That Exposed User Chats
Chief executive of OpenAI admits “significant issue” in ChatGPT has now been fixed, after user chat titles were exposed
Meta To Layoff Another 10,000 Staff
Mark Zuckerberg's 'year of efficiency' continues after he makes “difficult decision” to axe 10,000 jobs, on top of November's 11,000 layoffs
Meta Considering Twitter-Like Social Network
Facebook parent Meta considering launching Twitter-style stand-alone text-based social network amidst chaos at Elon Musk-owned platform
Elon Musk Admits “Massive Decline” In Ad Revenue
Elon Musk says Twitter may be cash flow-positive next quarter, which may not surprise observers after all his cost-cutting
Meta Planning Thousands More Job Cuts – Report
Zuckerberg's promise of “year of efficiency” at Meta likely to entail more job losses, according to media report
DoJ Alleges Google Deleted Evidence In Antitrust Case
Serious allegation of misconduct made against Google by US Department of Justice, in its antitrust case against the firm
Microsoft ‘Testing Ads’ In Bing Search AI Chat
Microsoft reportedly in early conversations with ad agencies about inserting paid links in Bing search AI chat results
YouTube CEO Susan Wojcicki Steps Down
One of the first Google employees, YouTube's CEO Susan Wojcicki, has confirmed she is stepping down after 25 years
US DoJ Speeds Up Apple Antitrust Investigation – Report
Department of Justice again reportedly speeds up probe into Apple practices over third party apps and if it favours its own products
Twitter Revenues From Top Advertisers Plummets – Report
More than half of Twitter's top 1,000 advertisers were no longer spending on the platform in early January, new data reveals
Yahoo To Lay Off 20 Percent Of Workforce
Job losses to begin at Yahoo with 1,600 staff set to lose their positions, in latest tranche of layoffs impacting tech sector
Netflix Expands Password Sharing Crackdown
Streaming giant Netflix password says sharing by 100 million households is impacting its ability to invest in new TV and films
Alphabet Earnings Miss Expectations, As YouTube Declines
Google parent Alphabet has felt the impact of reduced advertising spending, after its latest financials mostly missed Wall Street expectations
Meta Pleases Investors With ‘Year Of Efficiency’ Pledge
After heavy Metaverse spending in 2022, Mark Zuckerberg points to cost savings in 2023 after big drop in profits in 2022
Twitter Partners With Ad Verification Firms To Appease Advertisers
Twitter says it will team up with two digital ad verification companies, in a further attempt to attract advertisers back to platform
Twitter Ad Spending Fell Over 70 Percent In December – Report
New data suggests advertisers continue to shun Elon Musk's Twitter, as another report states there are now just 550 engineers remaining
US DoJ Sues Google Over Online Ad Domination
US DoJ, plus eight US states, sue Alphabet's Google for its dominance in online advertising market, amid calls for it to be broken up
Twitter Plans More Staff Layoffs – Report
Weeks after Elon Musk tells Twitter staff there will be no further layoffs, comes report of more redundancies
Twitter Revenue Down 40 Percent, As 500 Advertisers Pause Spending
Report that more than 500 advertisers have paused spending with Twitter, and it's daily revenue is 40 percent down from a year ago
YouTube Tests Free Ad-Supported Streaming Channels
Alphabet's YouTube is reportedly testing free ad-supported TV channels to challenge the likes of Roku and others
Twitter Offers Free Adverts To Major Brands – Report
Elon Musk's plan to turn around collapse in Twitter ad revenues reportedly sees platform offering free ads to existing advertising brands
Meta Blow As Irish Watchdog Confirms Hefty Fine
Facebook parent Meta may be prohibited from using personal data for advertising, after EU ruling and Irish fine
Twitter Eases Political Ad Restrictions Amid Falling Revenue
Free speech or needing the money? Elon Musk overturns Jack Dorsey's 2019 ban on all political advertising on the platform
Apple, Amazon ‘Resume’ Twitter Advertising
Apple has 'fully resumed' advertising on Twitter, according to Elon Musk, while Amazon reported to be boosting ad campaigns after lull
Elon Musk Backtracks Over Apple Bust Up
Chief twit tweets 'misunderstanding' about Apple potentially removing Twitter from App Store has been “resolved” after meeting Tim Cook
Elon Musk: Apple Threatening To Remove Twitter From App Store
Musk reveals Apple has halted most of its advertising on Twitter and is allegedly threatening to pull the platform from its app store