Tech

Meta girds for ‘fierce’ headwinds, slower growth in 2nd half

Facebook-owner Meta Platforms is bracing for a leaner second half of the year, as it copes with macroeconomic pressures and data privacy hits to its ads business, according to an internal memo seen by Reuters on Thursday. The company must “prioritize more ruthlessly” and “operate leaner, meaner, better executing teams,” Chief Product Officer Chris Cox …

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Exclusive: Meta girds for ‘fierce’ headwinds, slower growth in second half -memo

June 30 (Reuters) – Facebook-owner Meta Platforms Inc (META.O) is bracing for a leaner second half of the year, as it copes with macroeconomic pressures and data privacy hits to its ads business, according to an internal memo seen by Reuters on Thursday. The company must “prioritize more ruthlessly” and “operate leaner, meaner, better executing …

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‘I’ve never experienced pain like that’: Influencers recount harrowing experiences with Daily Harvest crumbles, blast company’s handling of recall

The direct-to-consumer brand has long utilized a network of online influencers to promote its products. Now several influencers, who say they were sickened, say the company’s lackluster handling of the crisis is putting new responsibility on the influencer community to warn the public. It’s also exposing the swift fallout that can emerge when you aggrieve …

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Amazon Alexa will be able to mimic deceased loved ones’ voices

The company announced on Wednesday during its annual re: MARS conference, which focuses on artificial intelligence innovation, that it’s working on an update to its Alexa system that would allow the technology to mimic any voice, even a deceased family member. In a video shown on stage, Amazon (AMZN) Demonstrated how, instead of Alexa’s signature …

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Union wins the right to represent workers at an Apple store for the first time

The landmark union election concluded on Saturday evening with 65 workers voting for unionization and 33 against it, a nearly two-to-one margin in favor of the union, according to a preliminary tally from the National Labor Relations Board. The victory for union organizers at the Apple (AAPL) store in the Towson Town Center, a mall …

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Crypto lender BlockFi struggles to raise cash, source says

Crypto lender BlockFi is struggling to raise cash despite offering to take a steep discount on its valuation, raising the risk that it could be forced into a financial restructuring. The Jersey City, NJ-based startup, which last fall raised $400 million in a funding round that valued the company at $5 billion, has for at …

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Exclusive: FAA urges airlines to act as wireless carriers plan 5G signal boost

A Southwest commercial aircraft flies past a cell phone tower as it approaches to land at John Wayne Airport in Santa Ana, California US January 18, 2022. REUTERS/Mike Blake Register now for FREE unlimited access to Reuters.com Register WASHINGTON, June 15 (Reuters) – The US Federal Aviation Administration (FAA) on Wednesday urged the executive chiefs …

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