Job Cuts in Tech Sector Spread with 10K Microsoft Layoffs
Microsoft is cutting 10,000 workers, almost 5 percent of its workforce, joining other tech companies that have scaled back their pandemic-era expansions.
Tech Layoffs Add to Office Market Woes
Potential layoffs at Amazon and deep cuts to Twitter’s workforce are adding to the headwinds faced by a Boston office market in the midst of a year-long retreat.
Facebook and US Sign Deal to End Discriminatory Housing Ads
Facebook will change its algorithms to prevent discriminatory housing advertising and its parent company will subject itself to court oversight to settle a lawsuit brought by the U.S. Department of Justice on Tuesday.
CBRE Joins Ownership of Facebook Offices in Cambridge
A joint venture including CBRE Investment Management has joined the ownership structure of a Kendall Square office-lab building anchored by Facebook parent Meta Platforms and Bristol Myers Squibb.
Facebook Signs 263K SF Expansion in Cambridge
In its largest local expansion to date, Facebook will occupy 263,500 additional square feet in a new Kendall Square development.
Companies Rethink Return-to-Office Plans Amid Omicron Cases
Companies of all sizes are rethinking their plans to send workers back to the office as the new omicron variant adds another layer of uncertainty.
Silicon Valley Finds Remote Work Easier to Begin than End
Technology companies that led the charge into remote...Banker & Tradesman’s Editorial Cartoon: All the Chips on Kendall
One hoodied executive is making his bet clear to the dealer.
Facebook Set to Triple Office Space in Kendall Square
A long-coveted Kendall Square tech office appears to be under agreement to be occupied by Facebook, expanding its presence in the Cambridge tech hub by 263,000 square feet.
Facebook Looking at Major Office Expansion in Massachusetts
Facebook is considering its largest expansion in Massachusetts since arriving in Cambridge’s Kendall Square in 2013, as it scouts potential locations for up to 350,000 square feet of additional space.
Tech Giants’ Embrace of Remote Work May Be Slow
Silicon Valley and Seattle giants – Facebook, Microsoft, Apple, Twitter – were the first to send their employees home as the virus spread to the U.S. Now they’re among the last to return them to the office. Some of their employees might never go back.
Can Hurdles to Stablecoins be Safely Addressed?
Although Libra’s launch may be delayed indefinitely, it has nevertheless sparked a serious debate among central bankers, economic policymakers and lawmakers about the future role of stablecoins as an alternative to fiat currencies.
Tech Giants Pledge Billions to Housing Construction in CA
The sum from Apple eclipses $1 billion pledges by fellow Silicon Valley giants Google and Facebook for addressing the lack of affordable housing in a region where affluent tech workers have helped drive up the cost of homes.
Banker & Tradesman’s Editorial Cartoon: The Real Problem With Facebook’s New Cryptocurrency
And you thought it was annoying when your dad posts on Facebook like he’s texting you.
Facebook’s Libra Offers More Questions Than Answers
It is an open question whether financial regulators will sign off on Facebook’s plan for a new cryptocurrency, a question made far more complex by the fact that the firm is already at odds with consumer advocates, data protection authorities and antitrust regulators here and abroad.
Facebook to Overhaul Housing, Credit Ads to Prevent Discrimination
The changes to Facebook’s advertising methods are unprecedented. The social network says it will no longer allow housing, employment or credit ads that target people by age, gender or ZIP code.
Andrews Promoted to Co-President at Alexandria
Tech and life science developer Alexandria Real Estate Equities has elevated Thomas Andrews to the position of co-president effective April 23.
Hot Property: Sept. 11, 2017
Facebook and four venture-backed life science companies have signed leases at 100 Binney St., bringing the office and lab building to full occupancy when it opens in late 2017.
Four More Life Science Cos. Headed To 100 Binney
Four venture-backed life science companies have committed to a combined 90,000 square feet at 100 Binney St.
Facebook Likes New Office Complex In Kendall Square
One of the most sought-after new buildings in tech supercluster Kendall Square has landed a blue-chip tenant in Facebook to accommodate the social media giant’s Cambridge expansion strategy.
