Meta Targets May 20 for 8,000 Job Cuts, With More Layoffs Planned Later in 2026
Meta Platforms is preparing to cut about 8,000 jobs, roughly 10% of its global workforce, in an initial wave of layoffs scheduled for May 20,...
Mark Zuckerberg
From Trump Adviser to Tech Powerbroker: Dina Powell McCormick Named President at Meta to Drive AI Strategy
Meta Platforms Inc. has named Dina Powell McCormick, a former senior Trump administration official and Wall Street veteran, as its new president and vice chairman,...
Facebook Unveils AI-Powered Smart Glasses: Features, Privacy, and Price
Meta, the parent company of Facebook, has taken a significant step into consumer wearables with the announcement of AI-powered smart glasses. The revolutionary new product...
Technology: Meta goes to trial over Instagram and WhatsApp acquisitions
The United States of America has accused the Meta group of purchasing Instagram and WhatsApp in order to restrict potential competitors. The trial of the...
Mark Zuckerberg faces deposition in AI copyright lawsuit from Sarah Silverman and other authors
SAN FRANCISCO (AP) — Meta CEO Mark Zuckerberg will be deposed as part of a lawsuit brought by authors including comedian Sarah Silverman accusing the...
Zuckerberg says Biden administration pressured Meta to censor COVID-19 content
Aug 27 (Reuters) – Meta Platforms (META.O) CEO Mark Zuckerberg said senior officials in the Biden administration had pressured his social media company to censor COVID-19...
Tech CEOs told ‘you have blood on your hands’ at US Senate child safety hearing
WASHINGTON, Jan 31 (Reuters) – U.S. senators on Wednesday grilled leaders of the biggest social media companies and said Congress must quickly pass legislation, as...
TikTok, Meta, X CEOs to testify at US Senate hearing in January
The chief executives of social media companies Meta (META.O), X, TikTok, Snap (SNAP.N) and Discord will testify on online child sexual exploitation at a Jan. 31 U.S. Senate...
Tech: Facebook gives users new way to see all their friends’ posts
Facebook is rolling out an update that enables its 2 billion daily users to more easily view their friends’ posts in chronological order. The new...