Meta CEO Mark Zuckerberg has announced that 2023 is Meta’s ‘year of efficiency’. It includes refining the company’s distributed work model. Zuckerberg said that an internal analysis of data on employee performance suggests that engineers who work in the personal presence of each other get more done. He stated that Meta remains committed to distributed work model, and…
The China Securities Regulatory Commission (CSRC) recently announced new rules that require domestic firms to comply with national security regulations and the personal data protection law measures before going public overseas. China-based firms now will have more clarity regarding whether they can list overseas in the USA. The CSRC’s rules do not ban the Variable…
Many Twitter users were unable to tweet for around 90 minutes yesterday. They received a message saying that their daily limit of tweets got over. There was a problem especially sending tweets from mobile phones. Mobile users were receiving message like, “Tweet not sent” and “We’re sorry we weren’t able to send your tweet. Would…
Apple and Amazon surprisingly recorded the biggest loss in market cap in 2022. Apple lost $846.34 billion and Amazon shed $834.06 billion in value. Market cap is a measure of the overall value of all of a company’s stock. The value lost by both the companies dwarfs the overall size of the other household technology…
