Single click costs Facebook $10 billion
The owner of social media giants Facebook and Instagram is struggling to compete against TikTok, with its latest results showing a startling drop in profits.
Technology
‘By end of day’: Shopify cuts 10% of staff
Shares in Shopify have tumbled after the boss revealed he misjudged the growth of the e-commerce sector and now has to lay off 1000 staff.
$200 million start-up sacks 40 staff
A fast-growing start-up has sacked 40 employees despite doubling its valuation, with the company worth more than $200 million.
Shock pic shows how much you need to retire
A graph shows just how big your nest egg should be to enjoy your golden years, but the path forward contains some obstacles.
More Stories
From surfer to $3 billion company
IT STARTED as a novel way to film himself surfing, now Nick Woodman’s company GoPro has been valued at $3 billion ahead of a stock market launch.
What Zuckerberg hates about social media
SHE’S got the famous name and accent to match, but this Zuckerberg has a few choice words to say about social media. Here’s what drives Mark’s sister nuts.
Nine companies that know everything about you
THESE companies you’ve probably never heard of know more about you than Facebook and Google. Like, where you last went on holiday or if you’re a fan of Elvis novelties.
The resurgence of bitcoin
THE reports of bitcoin’s death has been exaggerated. Despite several scandals, the virtual currency is bouncing back and its value has surged in the past two weeks.
Is Beats really worth $3 billion?
A DAY after Apple’s buyout of Beats for $3 billion, critics have come out swinging, saying the technology giant has overpaid. So, is Beats really worth all that money?
‘My guess: His sister is smokin hot’
THE founder of a multi-million tech company has stepped down, after posting offensive comments on the manifesto of alleged mass murderer Elliot Rodger.
Hand over your secret spies, China
A SHADOWY military unit operating out of a non-descript high-rise is behind a high-stakes hacking conflict between the US and China.
Optus losing customers, revenue
OPTUS has lost 160,000 mobile customers in the last financial year and hasn’t ruled out cutting more jobs on top of the 350 already announced.
Original URL: https://www.couriermail.com.au/business/companies/technology/page/129