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Google is offering employee buyouts in Search and other orgs

10 June 2025 at 21:21

Google is starting to offer buyouts to US-based employees in its sprawling Search organization, along with other divisions like marketing, research, and core engineering, according to multiple employees familiar with the matter.

The buyouts, which Google is referring to as a "voluntary exit program," are currently not being offered to employees in DeepMind, Google Cloud, YouTube, or Google's central ad sales organization. Employees in Google's platforms and services group, which includes Android and the Pixel line of devices, were offered buyouts earlier this year before the company enacted layoffs. It's unclear if more layoffs will follow this week's buyout announcement. Employees in some orgs are being offered a minimum of 14 weeks' pay with a July 1st enrollment deadline.

Other parts of Google, including YouTube, are also requiring US employees within a 50-mile radius of an office to return to work at least three days a week by September, or be laid off with severance.

In an internal memo I obtained, Nick Fox, the head of Google's wider "Knowledge and Information" group that includes Search, called the buyout program a "supportive exit path for those of you who don't feel a …

Read the full story at The Verge.

FTC v. Meta live: updates from the battle for Instagram and WhatsApp

5 May 2025 at 15:03
Meta antitrust trial

The long-awaited antitrust trial between Meta and the Federal Trade Commission kicked off on April 14th. Over about two months, DC District Court Chief Judge James Boasberg is hearing arguments about whether then-Facebook illegally monopolized the market for “personal social networking services” through its acquisitions of Instagram and WhatsApp.

The FTC first brought the case in late 2020. While it was initially thrown out by the judge, he let an amended version move forward after the government beefed up details about why it thinks Meta is a monopoly. This phase of the trial will help the judge determine if Meta is liable for breaking antitrust law. If he finds that to be true, he’ll later rule on how those harms should be remedied. The FTC is pushing for Instagram and WhatsApp should be spun off.

This is the third US trial seeking to break up Big Tech in recent years, following the Justice Department’s two separate cases against Google over its search and ad tech businesses.

Read below for all of our updates on the FTC v. Meta case.

Big Tech cozied up to Trump — it’s not getting much in return

11 April 2025 at 23:59

For a while, it looked like President Donald Trump was going to have Big Tech’s back.

Now, the tech industry is collateral damage in his global trade war.

On Thursday, European Commission President Ursula von der Leyen floated the idea of placing “a levy on the advertising revenues of digital services” if tariff negotiations with the US go south. This would be the opposite outcome that tech CEOs like Mark Zuckerberg were hoping for when they threw their support behind the new administration. 

To someone like Zuckerberg, Trump was supposed to be the strong-armed leader to bring the overbearing EU to heel. Instead, the rhetoric between the US and EU is ratcheting up just weeks before the EU is already set to fine Meta (and Apple) for violating its Digital Markets Act. 

While certainly more of a self-inflicted wound, Elon Musk’s popularity in the US has “inverted as his support for President Trump has increased,” Nate Silver wrote this week. Tesla’s stock price, meanwhile. has lost over a third of its value this year, and, thanks to tariffs, the company has removed the option to buy new, US-made vehicles in China. 

As I predicted last week, TikTok is particularly s …

Read the full story at The Verge.

Trump’s tariffs killed his TikTok deal

5 April 2025 at 01:50

Earlier this week, when it seemed as though TikTok’s fate in the US would actually be decided by April 5th, everyone — from Amazon to the founder of OnlyFans — was coming out of the woodwork to buy it.

As it turns out, none of them had a chance. And now, thanks to President Donald Trump’s tariff war, no one may get to buy TikTok. 

People familiar with the matter tell me that, despite all of the bids for the app, the White House was only seriously considering an Oracle-led consortium, which included many of ByteDance’s biggest investors who were set to roll their stakes into a new, US entity. 

The proposal, which would have licensed the app’s algorithm from China and shuffled some shareholder money around to make TikTok look more independent from ByteDance, was set to be announced before President Trump went nuclear on tariffs. As others have reported and I’ve independently confirmed, his tariff announcement on Wednesday torched any immediate chance of the TikTok proposal being blessed by the Chinese government. 

On Friday, less than an hour after Trump said he was pushing back the clock on banning TikTok by another 75 days to finish working out a deal, ByteDance …

Read the full story at The Verge.

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