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Coming up.

Meta is freezing hiring, cutting head count and slashing budgets.

Amazon is quietly picking up a cashier-less store startup in India, and

Instagram is permanently disabling Porn Hubs account.

After a decade of explosive growth, the company formerly known as Facebook is planning to

trim down.

Bloomberg reports that Meta CEO Mark Zuckerberg announced plans to freeze hiring

and restructure some groups within the company Thursday in an internal all-hands

call.

According to Bloomberg, Meta plans to shrink budgets widely within the company, including

to teams that it was recently investing in.

Meta has thrown a lot of weight behind VR and creating its own Metaverse in recent months,

...