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Keywords: Mark Zuckerberg
Meta has initiated a strategic workforce reduction, eliminating approximately 3,600 positions globally through what the company terms "performance terminations." U.S.-based employees received initial notifications on Monday morning, Forbes reports. The reduction impacts 5% of Meta's total......
Meta has agreed to pay $25 million to resolve a lawsuit filed by U.S. President Donald Trump regarding the suspension of his social media accounts following the Capitol attack in January 2021. A company spokesperson confirmed the settlement, specifying that $22 million would be allocated to Trump's......
Spanish Prime Minister Pedro Sanchez has called for a European response to the increasing power of US-based tech billionaires, whom he refers to as a "tech caste" from Silicon Valley. Sanchez's comments came the same day major tech figures, such as Elon Musk, Mark Zuckerberg, Jeff Bezos,......
Meta is set to reduce its workforce by approximately 5%, targeting underperforming employees as part of its operational strategy, according to BBC reports. The move could impact around 3,600 positions from the company's global workforce of 72,000. In a staff memo, CEO Mark Zuckerberg detailed the......
Mark Zuckerberg recently voiced his concerns about the rise of “culturally sterilized” companies that have distanced themselves from what he referred to as “masculine energy.” He emphasized the importance of fostering a corporate culture that embraces assertiveness and a balance......
Meta Platforms, a leading social media company, has made a significant shift in its approach to content management. In a major policy reversal, Meta has discontinued its U.S. fact-checking program and reduced restrictions on debates about sensitive topics like immigration and gender identity. This decision......
In a remarkable financial turnaround, the wealth of the world's ten richest individuals surged by an astonishing $64 billion following Donald Trump's recent election victory. This unprecedented increase, recorded by the Bloomberg Billionaires Index, marks the largest daily gain since the index's......
Meta has unveiled new measures aimed at protecting young users on Instagram from the rising threat of sextortion, a form of online blackmail that coerces individuals into sharing explicit images. Beginning Thursday, Instagram will implement features designed to shield teenage users from potential exploitation......
Meta CEO Mark Zuckerberg has publicly regretted yielding to what he describes as pressure from the Biden administration to censor content on Facebook and Instagram during the COVID-19 pandemic. In a letter addressed to the US House of Representatives, Zuckerberg detailed how senior officials, including......