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Twitter has closed its office in Brussels, Belgium, according to the Financial Terms. Citing multiple sources, the paper reported the social media platform’s European digital policy chiefs Julia Mozer and Dario La Nasa, exited last week. The office is now closed as the other four execs at the…

A group of YouTube TV subscribers has filed an antitrust lawsuit against Disney, claiming that the company’s business deals with competitors have inflated the amount consumers pay for streaming live TV services. The plaintiffs from four states claim that, because Disney requires streamers including Y…

The crisis at Twitter has amplified as the social media giant told staff they are locked out of its offices until Monday. A message seen by various news outlets noted Twitter’s offices were closed, effective immediately. No reason behind the move was given, but the office will reopen next…

Roku is joining the growing list of tech and media companies reducing their workforces, announcing plans to cut 200 positions in the U.S. “Due to the current economic conditions in our industry, we have made the difficult decision to reduce Roku's headcount expenses by a projected 5%, to slow down…

NBCUniversal says its comprehensive One Platform offering has reached “key operational milestones” since launching in early 2020. The advertising technology, data, and measurement offering now has reach to 1 billion consumers in 150 countries via partnerships with Sky Media, Apple, YouTube, Twitter…

Fans trying to purchase seats for Taylor Swift’s Eras Tour, which went on sale this morning, were irate at Ticketmaster for long waits, technical glitches and outright site crashes. Some compared it to The Hunger Games. Overwhelming demand from the same fans who had rocketed 10 songs from Swift’s…

The same day that Amazon founder Jeff Bezos pledged to give away most of his $124 billion fortune comes word that his company is planning some 10,000 layoffs. Citing unnamed sources, The New York Times reported today that Amazon will lay off thousands of corporate and tech staffers, potentially…

After recently laying off half of Twitter’s employees and on the same day that three of the company’s top security executives quit, the world’s wealthiest man reportedly told Twitter's remaining product team members that the company he just bought could see “net negative cash flow of several billion…

Facebook and Instagram parent Meta is laying off 11,000 staff — about 13% of the social median giant’s entire workforce. Meta CEO Mark Zuckerberg confirmed the widely expected layoffs in a note shared with staff today. “Today I'm sharing some of the most difficult changes we've made in Meta's…

Elon Musk has sold nearly $4 billion worth of Tesla stock in the less than two weeks since he closed the deal to buy Twitter. That’s according to CNBC, citing SEC filings. Musk, who purchased the troubled social media platform on October 27 for $44 billion, said that he was done selling roughly $7…

FCC Chairwoman Jessica Rosenworcel said she hopes the outcome of today’s elections will help break the longstanding 2-2 tie on the regulatory commission, but she also defended the body’s deadlocked body’s record during her leadership. “We’ve turned the noise down, and turned up the number of things…

With the upheaval continuing at Twitter, the emerging alternative social network Mastodon has attracted a lot of former Twitter users. Even before Elon Musk followed through with his proposed $44 billion takeover of Twitter, the 16-year-old social network’s user base was on the alert. When Musk…