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Amazon, Meta, Alphabet and Microsoft reveal hefty price tag as they rein in spending
Mark Zuckerberg promises ‘year of efficiency’ as parent of Facebook, Instagram and WhatsApp looks to contain costs
Mark Zuckerberg needs to rethink his spending on the metaverse
The FT’s Robert Armstrong explains why he thinks Big Tech is really cutting back
Older videos platform introduces financial schemes to lure new content creators amid a slowdown in digital advertising
Social media app’s shares drop after-hours as it reports slowest pace of revenue growth since going public in 2017
Social media company makes instalment to group of seven lenders as concerns over financial health have mounted
Company has started applying for US state licences in bid for fresh revenues beyond advertising
Picking out bloat isn’t so easy
Apple is the only one of the bunch to avoid mass job cuts so far
Also in today’s newsletter, Lockheed ready to supply F-16s and Musk upbeat on Tesla’s prospects
Former US president had been suspended from platforms after January 6 Capitol riots
Extinction looms for FTAV’s Mastodon presence
Activists seem to think so
Her critics and supporters describe a rare leader from social media company’s old guard to win new owner’s favour
The complex challenge of moderating sensitive and potentially explicit live content for children and vulnerable users
The takeovers of Tiffany and Twitter reveal vast differences between the businessmen
Electric-car maker’s CEO begins testifying in investor lawsuit over claim to have ‘funding secured’ for go-private deal
Google parent to cut 12,000 jobs as tech sector sheds more than 200,000 posts over 12 months
Tyranny of the IRR
Extremist activity has increased on Twitter since monitoring staff were sacked, says UN-backed Tech Against Terrorism
Plus, Vladimir Putin meddles in foreign banks’ attempts to leave Russia and ‘meme-stock king’ Ryan Cohen takes on Alibaba
The FT’s Richard Waters answers whether Tesla’s golden age of growth is over
What is left looks like a regulatory hodgepodge, something that parliament could yet address
Government forced to concede on punitive measure after threatened backbench rebellion
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