Supreme Court case could reshape "fundamental architecture" of the internet
The Supreme Court is for the first time considering the scope of Section 230, which provides legal immunity to online companies for content posted by third parties.
Watch CBS News
The Supreme Court is for the first time considering the scope of Section 230, which provides legal immunity to online companies for content posted by third parties.
In 2023 alone, more than 234 tech companies have laid off nearly 76,000 workers.
Earlier this month, Trump's presidential campaign asked Meta to reinstate him on the social media platform.
"I got this wrong," admits CEO Mark Zuckerberg as his company grapples with faltering revenue and broader tech industry woes.
A year ago, Facebook's parent company was worth $1 trillion. But a risky bet on the metaverse has investors worried.
With its stock down 60% this year, Meta is cutting costs as it tries to convince investors that its Metaverse pivot will succeed.