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Tech

Meta’s stock is wrapping up a record year, spurred by cost cuts

Published

5 months ago

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Meta is celebrating a triumphant year-end as its stock surges to unprecedented heights.

The remarkable turnaround can be attributed to a series of strategic cost-cutting measures that were implemented in the wake of a catastrophic incident in 2022.

In 2022, Meta faced a major crisis when a damaging news headline exposed significant privacy breaches and data leaks within the social media giant.

The public’s trust in the company was severely shaken, resulting in a sharp decline in its stock value.

However, Meta’s leadership responded decisively by prioritizing user data security and implementing stringent cost-cutting measures.

These actions not only restored public confidence but also streamlined the company’s operations, leading to impressive financial gains throughout 2023.

As the year draws to a close, Meta’s stock is now trading at record highs, marking a remarkable recovery from the challenges of 2022.

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Tech

The biggest entertainment industry continues studio closures

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4 hours ago

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May 10, 2024

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Microsoft’s Xbox division announced the closure of several studios post their Bethesda acquisition.

Among the studio closures are Arkane Austin and Tango Gameworks.

Meanwhile, Nintendo hints at a new Switch, and PlayStation backtracks on linking Steam accounts for HellDivers 2.

Nintendo surprises with a NES Championship edition. New games this week include Crow Country, V Rising, Animal Well, and Little Kitty, Big City. #Featured #Trending

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Shows

Cyber attacks: health sector targeted

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7 hours ago

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May 10, 2024

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Cyber attacks are rife within the healthcare sector. So what’s the solution?

Cyber inSecurity dives into the challenges, solutions, and real-world applications in the fast paced world of cyber security. Hosted Nam Lam, Managing Director and Gary Savarino, Field CTO at Sailpoint.

In this episode, Gary is joined by Aaron Le Saux, ICT Architecture and Integration Manager at Calvary Health Care. #cyber insecurity

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Shows

Simplifying complex cyber security

Published

7 hours ago

on

May 10, 2024

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What are the consequences of oversimplifying identity management?

Cyber inSecurity dives into the challenges, solutions, and real-world applications in the fast paced world of cyber security. Hosted Nam Lam, Managing Director and Gary Savarino, Field CTO at Sailpoint.

In this episode, Gary is joined by Brendan Kelly, Senior Manager Cyber Security at Resolution Life. #cyber insecurity

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