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Meta Platforms is slowing the growth of its workforce as the Facebook parent looks to rein in costs, the company said on Wednesday. "We regularly re-evaluate our talent pipeline according to our business needs and in light of the expense guidance given for this earnings period, we are slowing its growth accordingly," a Meta spokesperson said in an e-mailed statement.Business Insider, citing an internal note to employees, reported that the company was lowering hiring targets and had temporarily stopped hiring for the…

Pinterest TV Studio app has been silently launched and is available for select creators on its platform. The new app is currently available on both Android and iOS. The Pinterest TV Studio app is said to make it easier for creators to livestream. It will allow creators to start a livestream with improved streaming setup, editing tools, and multiple camera capabilities. However, the company has not officially announced anything about this app yet, perhaps because it is currently only available to select creators.As per a…

Tesla CEO and SpaceX founder Elon Musk said he would significantly increase work ethic standards in Twitter once he officially acquires the social media platform.Last week, Twitter said it agreed to be acquired by Musk in a deal worth $44 billion (roughly Rs. 3,40,400 crore), although it is still subject to shareholder approval."Work ethic expectations would be extreme, but much less than I demand of myself," Musk said on Twitter on Friday.The company will be "super focused on hardcore software engineering, design,…

WhatsApp is reportedly testing a companion mode feature with a few of its beta users that allows them to add a secondary device as a companion for their primary phone with WhatsApp on it. With this update, users can access the same instant messaging account on different smartphones or tablets. Earlier, WhatsApp launched multi-device support for all users that let them access their accounts on multiple devices simultaneously to send and receive messages on the app, even without active Internet access on their phone.…

Travel and hospitality technology platform Oyo on Monday said it has concluded the acquisition of Europe-based company 'Direct Booker' with the transaction valuing the latter at around $5.5 million (roughly Rs. 40 crore). Direct Booker has over 3,200 homes and serviced 20 lakh customers so far, Oyo said in a statement.This acquisition will strengthen Oyo's presence in Europe broadly and Croatia specifically where it already has nearly 1,800 vacation homes on its Belvilla platform and over 7,000 homes on its Traum…

Uber will scale back hiring and reduce expenditure on its marketing and incentive activities, CNBC reported on Monday, citing a letter from Chief Executive Officer Dara Khosrowshahi.The ride-hailing company becomes the latest to rein in costs to have a lean investment model, after Facebook-owner Meta said last week it would slow down the growth of its workforce.Khosrowshahi said Uber's change in strategy was a necessary response to the "seismic shift" in investor sentiment, according to the CNBC report."The least…

The government has called a meeting of cab aggregators like Ola and Uber on Tuesday to discuss their policies related to fare calculation, surge pricing, ride cancellations and measures taken by them for data protection of customers, Consumer Affairs Secretary Rohit Kumar Singh said on Monday. The meeting has been called amid rise in consumer complaints of alleged unfair trade practices by these platforms, including ride cancellation policy as drivers force customers to cancel trips after accepting bookings, which results…

Billionaire Elon Musk said Tuesday he would reverse Twitter's ban on former US President Donald Trump when he buys the social media platform, the clearest signal of Musk's intention to cut moderation of the site.Musk, the world's richest person and chief executive of Tesla, has inked a $44-billion (roughly Rs. 3,37,465 crore) deal to buy Twitter. He has called himself a "free speech absolutist" but given few specific details of his plans.Musk is expected to become Twitter's temporary CEO after closing the deal, Reuters…

A man who says he is “destroyed” after working as a content moderator for Facebook has filed a lawsuit accusing the company of human trafficking Africans to work in an exploitative and unsafe facility in Kenya.The case against Meta Platforms, the Menlo Park, Calif. company that owns Facebook, and Sama, a San Francisco subcontractor, was lodged Tuesday with a court in the Kenyan capital, Nairobi.Daniel Motaung's petition “calls upon Kenya's courts to order Facebook and its outsourcing companies to end exploitation in its…

On Tuesday, Elon Musk said he would reverse Twitter's ban of former President Donald Trump, who was booted in January 2021 for inciting violence at the US Capitol, should he succeed in acquiring the social platform for $44 billion (roughly Rs. 3,39,870 crore).But the day before, the Tesla CEO also said he agrees with the European Union's new Digital Services Act, a law that will require big tech companies like Twitter, Google and Facebook parent Meta to police their platforms more strictly for illegal or harmful content…