Safety experts say a focus on financial returns may be partly to blame for derailments and accidents like the one in Ohio.
Scrolling past ads has rarely been enjoyable. But in recent months, people say the experience seems so much worse.
The company is cutting 15 percent of its work force, or about 1,300 jobs, citing “the uncertainty of the global economy.”
After years of expansion and billions in profits, Big Tech is pulling back from its famously lavish spending as a long boom finally ends.
The iPhone maker said sales of its flagship product were down 8 percent as it dealt with a factory shutdown and worries about rising inflation.
The company indicated the reduced growth and tight margins would continue in the first three months of this year.
Google’s parent company reported its fourth consecutive drop in quarterly profit, weeks after culling 6 percent of its work force to cut costs.
Mark Zuckerberg’s company recorded its biggest daily market gain in nearly a decade, as the mood brightens among tech investors.
The company’s financial performance was hurt by its stake in Rivian, an electric truck company, and an autonomous car business.
The company, which is in the midst of shifting to become a metaverse business, also forecast revenue would beat Wall Street predictions.
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