Shares of the big tech company Meta jumped by about 7% in extended trading on July 31 after exceeding Wall Street expectations on revenue and profit for the second quarter of 2024.
Tags: Mark Zuckerberg
Meta Fires Around 20 Employees Due to Leaks—Is It Because of Mark Zuckerberg?
Meta has now taken action against around 20 employees suspected to have leaked confidential information from the company.
Mark Zuckerberg's 'Performance-Based' Layoffs Spark Backlash After Meta Fires Even Top Workers
Meta's layoffs targeting "low performers" spark backlash, with former employees questioning the company's AI shift.
Meta to Lay Off 3,600 Jobs, With Zuckerberg Targeting "Low Performers" in 2025
Meta plans to lay off 5% of its workforce to focus on performance, affecting 3,600 employees as Zuckerberg reshapes the company's strategy and public image.
Meta Turns Right-Wing By Ending Fact-Checks and DEI Initiatives to Woo Trump
Meta scraps DEI programs and US fact-checking to shift toward conservative priorities as Trump's second term approaches.
Latest News
Meta’s Reality Labs has reported $45 billion in losses over the past four years due to chaotic management and frequent leadership changes. Further losses are expected as the division struggles in a competitive AR and VR market.
Seven West Media, one of Australia’s top media networks, announced that it would be laying off 150 of its staff due to weak advertising and as a way of preparing for the end of its commercial deal with social media giant Meta.
The Norwegian Consumer Council has filed a complaint against Meta over its plans to use the images and posts of users on Facebook and Instagram to train artificial intelligence (AI) models.
Meta has launched its first AI-driven ad targeting program for WhatsApp, marking a significant shift for the privacy-focused messaging app as announced by CEO Mark Zuckerberg at a conference in Brazil.
A Palestinian-American who previously worked for Meta filed a discrimination lawsuit in a California state court against his former employer for allegedly being biased in its handling of content related to the war in Gaza.
A New Mexico judge has ruled to remove Meta CEO Mark Zuckerberg from a child safety lawsuit. A New Mexico judge has ruled to remove Meta CEO Mark Zuckerberg from a lawsuit alleging that the company failed to protect young users from child sexual abuse content.
Argentinian President Javier Milei is scheduled to meet several top-level Silicon Valley executives in the United States this week, including the bosses of Meta, Google, Apple, and OpenAI.
Elon Musk has revived his challenge to Mark Zuckerberg for a physical fight a day after the Meta CEO's 40th birthday.
Meta has decided to shut down its Workplace app to focus on AI and metaverse technologies. This move aligns with CEO Mark Zuckerberg's push for long-term investor patience amidst stock declines triggered by increased AI investment and slower sales growth.
