Meta Platforms’ revenue was up in the fourth quarter but the company’s rate of new users has slowed as it contends with competition for users’ time from rivals such as TikTok, increased regulatory scrutiny and the impact of Apple’s privacy changes. The social media company’s shares fell more than 20% in after-hours trading following the earnings announcement Wednesday. Meta reported $33.67...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
The Briefing Amazon Markets
Musk-Twitter Drama Jumps the Shark
We’re now at that part of the Elon Musk–Twitter drama where—as happens for some long-running TV shows—the plotline has gone off the rails. Of course, this isn’t a TV show, although there likely will be one, and I nominate Jonah Hill to play Elon Musk. And what seems off the wall is just life in Musk’s world. It’s a little like the alternate reality Donald Trump creates to replace a less...
China’s Vice Premier Vows Support for Tech Sector, IPOs
Apple Delays Plan For Workers To Return to Office 3 Days a Week
Netflix Lays Off 150 People
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
‘I Don’t Know How Steve Jobs Would Survive Today in This Environment’: Tony Fadell Has Opinions to Share and Scores to Settle
Within Silicon Valley power circles, being “on the beach” is a euphemism that covers a continuum of unemployment, from “retired rich” to “brief pause between high-powered jobs.” Tony Fadell has been metaphorically on the beach for six years, ever since leaving Google, which paid $3.2 billion for Nest Labs, the maker of smart thermostats he co-founded, in 2016.