Elon Musk's Twitter was hit with a yellow card from the European Commission as its reported efforts to tackle disinformation fell short of those by Alphabet's Google, Meta Platforms, Microsoft and TikTok.
The results follow weeks of unprecedented layoff rounds in the usually unassailable tech sector amid pessimism about the economic outlook.
In a new report, the Biden administration concluded that the present mobile app ecosystem is damaging to consumers, and that it engages in a variety of anti-competitive practices.
The company said the layoffs are not related to 2022 performance or 2023 expectations.
The layoffs come a day after Microsoft said it would reduce staff numbers by 10,000 in the coming months, following similar cuts by Meta, Amazon and Twitter.
Tech bigwigs are sacking significant portions of their workforce, leaving the industry worried and puzzled.
Industry and Technology Minister Mustafa Varank visited Google and Tesla plants in California and saw business opportunities with the US.
In October, the Competition Commission of India (CCI) fined Alphabet Inc's Google $161 million for exploiting its dominant position in markets such as online search and the Android app store.
Row began after Hindu groups in Google got a talk by Dalit activist Thenmozhi Soundararajan cancelled, which followed cancellation of invitation to Rajiv Malhotra, author who labels people like Soundararajan "snakes".
A shortfall in tech firms' quarterly earnings has seen the finger pointed at crypto – a reflection of how intertwined crypto and tech have become.
An investigation found the tech giant’s ad business generates revenues from websites spreading disinformation in Africa, Europe and Latin America.
The Competition Commission of India says Google configured the platform to unlawfully crowd out rivals to its popular apps, including YouTube and web browser Chrome.
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