Shares of technology companies rallied as traders reentered sectors that had taken the brunt of the bear market’s selling pressure.
Salesforce plans to lay off 10% of its workforce and reduce office space, with CEO Marc Benioff citing a cautious approach to customer spending.
Ireland’s Data Protection Commission, the European Union’s privacy regulator, has ruled that MetaPlatform cannot use its contracts with Facebook and Instagram users to send ads based on their online activity, a major decision for the digital advertising industry.
A group of Microsoft employees have voted to form the software company’s first union in America
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
January 04, 2023 5:19 PM ET (10:19 PM)
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