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CEO Mark Zuckerberg says Meta will slow hiring and tighten its budget. Soaring inflation, interest rate hikes and other economic woes have affected the digital advertising the company depends on.
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Twitter's revenue for the quarter fell short of expectations. The social network cited uncertainty about Elon Musk's acquisition and advertisers worried about the economy.
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The whistleblower, Frances Haugen, asserted in an interview with 60 Minutes that Facebook repeatedly made decisions that benefited the company's own interests at the expense of protecting the public.
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Democratic senators have introduced a bill that would hold Facebook, YouTube and other social media companies responsible if they promote harmful health claims on their platforms.
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The Federal Trade Commission gave nine social media and tech companies 45 days to hand over details on how they collect user data. It is the latest move by government actors to regulate big tech.
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01/14/13 - Monday’s Topical Currents is with Lori Andrews, the director of Science & Law at Chicago-Kent College. What sort of digital identity do you…