SOCIAL MEDIA

Elon Musk is moving aggressively to overhaul Twitter after his blockbuster $44 bln takeover of the messaging platform

Twitter says layoffs to begin Friday

Twitter said it will start laying off employees on Friday, according to a memo sent to staff, with several workers filing a lawsuit alleging the move by new owner billionaire Elon Musk violates US labor law.
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Logo of Meta Platforms is seen in Davos

UK tribunal backs most of ruling against Meta's Giphy deal

Meta Platforms won an appeal against Britain blocking its acquisition of Giphy on a single procedural ground, but the country's Competition Appeal Tribunal (CAT) endorsed the regulator's finding that the deal could harm competition.