By Reuters Nov 12, 2022, 10:34 AM IST (Published) The executives said that the first mass layoff in the social media company’s 18-year history affected staffers at every level and on every team, including those with high-performance ratings. Facebook owner Meta Platforms told employees on Friday […]

Google’s parent Alphabet reported disappointing results for the third quarter. Advertising sales growth slowed as brands tightened their belts due to the weakening global economy. The search giant (ticker: GOOGL) said revenue was $69.09 billion, up 6% from a year ago. Earnings were $1.06 a […]

Nasdaq 100, the tech-heavy index, has already fallen by 21 per cent over the last 1 year and is down by 4.71 per cent YTD. Technology stocks enjoyed high valuations during an easy-money environment. Now, when the interest rate scenario has reversed, the tech stocks […]