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Cost reduction is again being used as an excuse in this case. 2022 has clearly been the year of sudden unemployment. Chief Executive Officer Mark Zuckerberg has now joined the party. Official statement Here’s his statement: …

All is not great of a man who revolutionized social media. Mark Zuckerberg, the CEO of Meta Platforms Inc has seen his fortune plunge by $11 billion. The company has reported a second-straight quarter of disappointing earnings. This…

In the company's earnings conference call on October 26, the CFO of Meta, Dave Wehner said that the company has slowed its pace of hiring in the third quarter and expects it to further slowdown next year. This move comes amid the…

The move is likely to be interpreted as a way of reducing the power of big tech firms. Government-appointed panels are now empowered to review content moderation decisions or takedowns by platforms like Twitter and Facebook. …

In a recent blog post, the tech giant Meta Platforms, formerly known as Facebook, has informed that it discovered more than 400 malicious apps on AppStore and PlayStore that are misleading users into getting hold of credentials by making…

He said that many teams are going to shrink so "we can shift energy to other areas." Creating chaos once again, Mark Zuckerberg-led Facebook is rumored to be planning a mass round of "quiet layoffs" within the next few weeks. 12K…

A Meta Platforms Inc (META.O) spokesperson said that the company is setting up a new group that will focus on creating products and features for its Facebook, Instagram and WhatsApp platforms that people will be able to purchase …

The US social media giant Meta Platforms, in its monthly transparency report has stated that there were actions taken against 2.7 crore posts on Instagram as well as Facebook in July. To throw some light on it, there were actions…

Govt Orders Facebook, Twitter & Other Social Media Platforms To Enable 'Voluntary Verification' For All Users Amid growing threats of cybercrime, information leaks, bots, identity thefts on cyberspace and online frauds, among…

First Time Ever, Facebook Reports Decline In Profits: TikTok Is The Main Reason? Meta reported its first revenue decline in history owing to reduced ad spending as the economy falters and competition from rival TikTok intensifies. …