It imposes hefty fines for scofflaws. But the commission charged with enforcing it has only 80 staffers.

Jobs losses at Meta and others could be an indicator of wider cuts in other industries.

Other tech companies are also cutting jobs and scaling back recruitment after years of rapid hiring.

The consumer economy, in particular.

Hiring based on skills rather than degrees is more labor intensive.

Ian Bremmer, president of Eurasia Group, believes we’re increasingly becoming citizens of Facebook and Twitter rather than of nations.

Companies are spending more on tech, and that is expected to help the likes of Microsoft and Alphabet, which report earnings today.

Bellwether market index also adds Honeywell and Amgen and expels Exxon and others. Move reflects tech’s expanding role in the economy.

IBM says it will no longer sell or research facial recognition software, and Amazon announced a moratorium on police use of its software.

The treaty will extend to Canada and Mexico a provision of U.S. law that protects them from being sued for what their users’ do.