Meta’s historical anti-trust trial, which could force the tech giant to break off Instagram and WhatsApp, started earlier this week. On Monday, when Meta CEO Mark Zuckerberg took to the witness stand, the Federal Trade Commission shared various emails in evidence. According to Fortune, it included an email sent in 2022 from Mark Zuckerberg where […]
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Facebook parent Meta is laying off 13% of its employees as it contends with faltering revenue and broader tech industry woes Facebook parent Meta is laying off 13% of its employees as it contends with faltering revenue and broader tech industry woes Meta, in a blog post, on Wednesday shared that it will be firing […]
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Facebook parent Meta is laying off 13% of its employees as it contends with faltering revenue and broader tech industry woes Facebook parent Meta is laying off 13% of its employees as it contends with faltering revenue and broader tech industry woes Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, […]
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Meta Platforms Inc.’s Instagram now has 2 billion monthly active users worldwide, closing in on the 2.96 billion who use Facebook, in a sign of the social media giant’s shifting makeup. The company disclosed the number during an otherwise-gloomy earnings report Wednesday, when a shaky ad market clouded Meta’s forecast and sent its shares tumbling. […]
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About a year after Facebook changed its name to Meta Platforms Inc. to highlight its new focus on the metaverse, long-term shareholder Altimeter Capital Management has called on the company to rein in its spending on the bet. Meta has lost focus and its shares are underperforming peers, Brad Gerstner, chief executive officer of the […]
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Several users of Meta’s Facebook are complaining about losing the majority of their followers on the social media platform due to unknown reasons. Meta founder and CEO Mark Zuckerberg has lost over 119 million followers which has brought down his follower count to below 10,000. “Facebook created a tsunami that wiped away my almost 900,000 […]
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A recent incident at Meta’s Facebook left users worried as the social media giant announced earlier this week that over a million users may have had their credentials compromised. The reason behind the security lapse – malicious apps that tricked users into giving the app their login credentials under false guises. The bigger problem around […]
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Meta Platforms Inc. said it would notify roughly 1 million Facebook users that their account credentials may have been compromised due to security issues with apps downloaded from Apple Inc. and Alphabet Inc.’s software stores. The company announced Friday that it identified more than 400 malicious Android and iOS apps this year that target internet […]
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Facebook is shuttering its Bulletin subscription service, ending its attempt to compete with Substack and other newsletter services. Facebook, which is now part of the parent company Meta, has contacted writers within the program to tell them that the Bulletin platform will be wound down early next year. “Bulletin has allowed us to learn about […]
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Meta announced that Facebook and Instagram users in the US can now connect their crypto wallets and share their digital collectibles on the platform. These users can also cross-post their digital collectibles across both Facebook and Instagram. This feature was earlier available to select influences and creators on the platform. Once a user connects their […]
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