Tag: parent
Silicon Valley Bank’s former parent company says U.S. regulator is cutting...
SVB Financial Group said on Tuesday the U.S. Federal Deposit Insurance Corporation (FDIC) had taken "improper actions" to cut it off from cash...
Parent company of Silicon Valley Bank filing for bankruptcy protection
The parent company of Silicon Valley Bank filed for Chapter 11 bankruptcy protection a week after the tech-focused bank failed and was seized by the U.S....
Facebook parent company Meta slashes 10,000 jobs
Facebook parent Meta is slashing another 10,000 jobs and will not fill 5,000 open positions as the social media pioneer cuts costs.The company...
Facebook Parent Meta to Modify Cross-Check Feature for VIP Posts
Meta on Friday said it will modify the company's criticised special handling of posts by celebrities, politicians and other big audience Instagram or...
Paytm’s Parent Firm Witnesses Strong Revenue Momentum With 42 Percent YoY...
One97 Communications, which owns the payments and financial services platform Paytm, continue to witness strong revenue momentum across its business verticals.The fintech firm...
Facebook parent Meta announces $40 billion stock buyback
Facebook's CEO Mark Zuckerberg speaks during the F8 Facebook Developers conference on April 30, 2019 in San Jose, California.Justin Sullivan | Getty ImagesFacebook...
Alphabet — Google’s corporate parent — to cut 12,000 jobs
Google's parent Alphabet Inc. is eliminating about 12,000 jobs, or six per cent of its workforce, it said in a staff memo Friday, as...
Facebook parent Meta agrees to pay $725 million to settle privacy...
Rafael Henrique | Sopa Images | Lightrocket | Getty ImagesFacebook parent Meta has agreed to pay $725 million to settle a class action...
Facebook parent company Meta lays off 11,000 people
Facebook parent Meta is laying off 11,000 people, about 13 per cent of its global workforce, as it tries to rein in runaway costs in...
Facebook parent Meta ordered to sell Giphy by UK competition regulator
The logos of Facebook and Giphy.Aytac Unal | Anadolu Agency via Getty ImagesMeta, the owner of Facebook, admitted defeat Tuesday after U.K. competition...
