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

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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Zuckerberg says WhatsApp business chat will drive sales sooner than metaverse

The WhatsApp icon is seen on an iPhone in Gelsenkirchen, Germany, on Nov. 15, 2018. | Photo Credit: AP Meta Platforms Inc Chief Executive Mark Zuckerberg told employees on Thursday that WhatsApp and Messenger would drive the company’s next wave of sales growth, as he sought to assuage concerns about Meta’s finances after its first […]

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16 weeks base pay, immigration help: Mark Zuckerberg’s message to Meta employees after layoffs

Meta Wednesday announced it will let go of more than 11,000 employees or 13 per cent of its total workforce, in one of the biggest layoffs in the US this year. In a blog post posted on the company’s official newsroom, Meta CEO and co-founder Mark Zuckerberg said, “I want to take accountability for these […]

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Meta will begin laying off employees on Wednesday morning: Report

Meta Platforms Inc will begin laying off employees on Wednesday morning, Chief Executive Mark Zuckerberg told hundreds of executives on Tuesday, the Wall Street Journal reported. Zuckerberg appeared downcast in Tuesday’s meeting and said he was accountable for the company’s missteps and his overoptimism about growth had led to overstaffing, the report added, citing people […]

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‘WhatsApp far more private’: Mark Zuckerberg takes a shot at Apple and iMessage

Meta CEO Mark Zuckerberg has criticised Apple’s iMessage as being less secure and private in comparison to WhatsApp in a new ad campaign. Zuckerberg made the critical comments in a post that was shared on his public Facebook and Instagram pages. The comments are also accompanied by an advertising image directly comparing iMessage’s Green and […]

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Meta’s Horizon Worlds app losing users and falling short of goals, report says

Meta’s flagship Metaverse app Horizon Worlds has been struggling to gain new users,  The Wall Street Journal reported Saturday. The publication, which reviewed internal documents, reveal Meta had initially targeted 500,000 monthly active users by year’s end, later it revised the goal to 280,000. The current figure is less than 200,000 now, according to the […]

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‘Legs’ finally coming to Meta’s Horizon Worlds avatars? Well, the demo was a sham

Avatars are a key part of the metaverse and Meta is one of the many tech companies which is betting big on these. But one critical element has been missing from the 3D avatars in Meta’s Horizon World: legs. Yes, while your avatar in Meta’s virtual Horizon World has a face and upper body, the […]

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Inside Zuckerberg’s metaverse struggles

Last October, when Mark Zuckerberg, the chief executive of Facebook, announced that the company would change its name to Meta and become a “metaverse company,” he sketched a vision of a utopian future many years off in which billions of people would inhabit immersive digital environments for hours on end, working, socializing and playing games […]

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Meta announces Connect event on October 11, teases new VR headset release

Meta Platforms Inc will host its annual event on Oct. 11 to showcase augmented and virtual reality (AR/VR) offerings, and possibly release its much touted VR headset code-named Project Cambria. Chief Executive Officer Mark Zuckerberg in a Facebook post on Tuesday announced the event date with a picture of him wearing a VR headset, hinting […]

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What does Facebook’s settlement in the Cambridge Analytica lawsuit mean for the platform?

Former U.S. President Donald Trump’s campaign is said to have used the services of Cambridge Analytica to influence voters by micro-targeting them Former U.S. President Donald Trump’s campaign is said to have used the services of Cambridge Analytica to influence voters by micro-targeting them The story so far: A San Francisco court filing on August 26 […]

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