![]() ![]() Those working on such projects were hit hard in recent layoffs. Bad Bets: Big tech companies have long been willing to fund efforts with no obvious payoff.Silicon Valley Bank: The sudden collapse of Silicon Valley Bank has set off panic across the tech world, rattling a start-up industry already on edge.Meta: The company said that it planned to lay off about 10,000 employees, or roughly 13 percent of its work force - another round of job cuts after it laid off more than 11,000 people in November.The comments came in response to a questionnaire sent by the European Commission, the executive arm of the European Union, a step that allows interested third-party companies, including competitors, to comment on prospective takeovers. has also suggested that the deal would give Microsoft an unfair advantage over rivals by combining its own software services with the information held by the social network, two of the people said. The competition questions have focused on whether Microsoft’s proposed deal would hinder access by people and companies to the vast collection of data held by LinkedIn. Now,, an internet software company that also showed interest in acquiring Twitter, has raised concerns with Europe’s antitrust authorities about the potential takeover, according to three people with knowledge of the matter, who spoke on the condition of anonymity because they were not authorized to discuss it publicly. Microsoft outmuscled its rival this year to buy LinkedIn, the professional social network, for $26.2 billion. ![]()
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