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News

Turkey moves against Meta over Threads-Instagram data sharing

UPDATE 2-Turkey moves against Meta over Threads-Instagram data sharing Adds initial Meta statement in paragraph 7 ISTANBUL, March 18 (Reuters) - Turkey's competition authority on Monday imposed an interim measure on Meta Platforms Inc meant to hinder data sharing between the Instagram and Threads platforms as it investigates possible abuse of the company's dominant market position.
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Turkey takes measure against Meta over Threads-Instagram data sharing

Turkey takes measure against Meta over Threads-Instagram data sharing ISTANBUL, March 18 (Reuters) - Turkey's competition authority said on Monday that it imposed an interim measure on Facebook parent Meta Platforms Inc META.O meant to hinder data sharing between the company's Instagram and Threads platforms. In December, the authority said it launched an investigation into Meta Platforms over a possible violation of competition law by linking its social media platforms Threads and Instagram.
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Spirit deal loss eases anxiety for everyone else

BREAKINGVIEWS-Spirit deal loss eases anxiety for everyone else The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, Jan 16 (Reuters Breakingviews) - JetBlue Airways’ JBLU.O failed $3.8 billion run at ultra-budget peer Spirit Airlines SAVE.N has a silver lining for everyone else. A judge on Tuesday sided with the U.S.
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Tech layoffs continue after 'Year of Efficiency'

Tech layoffs continue after 'Year of Efficiency' By Aditya Soni and Chavi Mehta Jan 16 (Reuters) - Big Tech's "Year of Efficiency" may be over but recent layoffs at Google and Amazon have signaled the firms will keep cutting jobs in 2024 as they make big investments in generative AI. Analysts and industry experts believe the layoffs would be smaller and more targeted this year, with firms that are racing to catch up in the AI race more likely to make such moves to offset the billions of dollars
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Auto File: Musk’s AI Shakedown 

Auto File: Musk’s AI Shakedown  Jan 16 (Reuters) - Joe White Global Autos Correspondent joe.white@thomsonreuters.com Greetings from the Motor City! We had a great weekend in Detroit. Our NFL Lions won a playoff game for the first time in 33 years! It’s Mardi Gras in Motown! Still, no more three-day weekends for me, thanks. If everyone else on the planet took the day off it would be fine.
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