Big Tech

EU Regulators Lobbied to Address Big Tech Cloud Market Abuse
EU Regulators Lobbied to Address Big Tech Cloud Market Abuse
November 24, 2022  |  Big Tech

The big three cloud service providers — Amazon Web Services, Microsoft Azure and Google Cloud — account for nearly three-quarters of the European cloud market,...

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Carvana Lays Off 1,500 Amid Big Tech Staff Reductions
Carvana Lays Off 1,500 Amid Big Tech Staff Reductions
November 18, 2022  |  Personnel

Carvana is making changes to its staff in response to a growing trend of Big Tech and eCommerce businesses reevaluating their revenues, as well as...

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Amazon’s Jassy Says Layoffs to Stretch Into ‘23
Amazon’s Jassy Says Layoffs to Stretch Into ‘23
November 17, 2022  |  Amazon

Amazon’s job cuts will continue into next year, adding to those that have already been announced, as the company’s leaders are only midway through their...

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UK’s Ofcom Calls for Social Media Algorithm Regulation
UK’s Ofcom Calls for Social Media Algorithm Regulation
November 16, 2022  |  Regulation

U.K communications regulator Ofcom is calling for better social media regulations amid concerns about the influence U.S.-based Big Tech firms have on news consumption in...

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Investor Calls on Google Parent Alphabet to Cut Costs
Investor Calls on Google Parent Alphabet to Cut Costs
November 15, 2022  |  Big Tech

Investor TCI Fund Management has called on Google parent company Alphabet to reduce its headcount, lower its compensation and cut its losses in self-driving car...

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Report: Amazon to Lay Off 10,000 Employees
Report: Amazon to Lay Off 10,000 Employees
November 14, 2022  |  Amazon

Amazon is reportedly looking to lay off approximately 10,000 employees this month, the first and largest such move in the company’s history. According to a...

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Zuckerberg Takes Responsibility for Upcoming Meta Staff Cuts
Zuckerberg Takes Responsibility for Upcoming Meta Staff Cuts
November 08, 2022  |  Meta

Social media and metaverse company Meta will join the growing list of tech companies making large employee layoffs on Wednesday (Nov. 9). In a Tuesday...

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EC Proposes Changing Market Definition to Consider Digital Ecosystems
EC Proposes Changing Market Definition to Consider Digital Ecosystems
November 08, 2022  |  Regulation

The European Commission has published proposed changes to the European Union’s Market Definition Notice and asked for anyone interested to comment on the draft. Market...

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Meta Reportedly Preparing to Lay Off Thousands
Meta Reportedly Preparing to Lay Off Thousands
November 06, 2022  |  Meta

Facebook owner Meta is reportedly set to begin massive layoffs this week, a first at that scale in the company’s history and the latest in...

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