Tag: CEO Mark Zuckerberg

Meta asks judge to rule that FTC failed to prove its monopoly case

Meta asks judge to rule that FTC failed to prove its monopoly case

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Facebook parent company Meta Platforms asked a federal judge on Thursday to throw out the US Federal Trade Commission’s case accusing it of an illegal social media monopoly, saying the agency failed to prove its case at a high-stakes antitrust trial. At the trial, which began on April 14 in Washington, the FTC has sought […]

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Data | Layoffs by IT firms in the U.S. will greatly impact H-1B workers from India

Data | Layoffs by IT firms in the U.S. will greatly impact H-1B workers from India

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Layoffs: People take a photo at Meta corporate headquarters in Menlo Park, California on November 9, 2022. – Facebook owner Meta will lay off more than 11,000 of its staff in the most difficult changes made in Meta’s history, according to CEO Mark Zuckerberg | Photo Credit: JOSH EDELSON In 2020, the number of people […]

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