Meta Platforms is in talks to hire former GitHub CEO Nat Friedman to join the Facebook parent’s AI efforts, The Information reported on Wednesday, citing a person familiar with the matter. The social media giant is also in discussion with Daniel Gross, Friedman’s partner in the investment fund NFDG, about joining the company to work […]
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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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Facebook-owner Meta Platforms Inc has cut plans to hire engineers by at least 30% this year, CEO Mark Zuckerberg told employees on Thursday, as he warned them to brace for a deep economic downturn. “If I had to bet, I’d say that this might be one of the worst downturns that we’ve seen in recent […]
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