Mark Zuckerberg
Business
Facebook Parent Meta Hit with Record Fine By the EU
The EU slapped Meta with a record $1.3 billion privacy fine Monday and ordered it to stop transferring user data across the Atlantic by October.
The penalty fine of 1.2 billion euros from Ireland’s Data Protection Commission is the biggest...
Business
Is Metaverse Dead, Alive, or Simply Evolving?
Is the metaverse dead or does it still remain a dream? In the last 2 months, the future of the metaverse — a collective virtual shared space that merges physical and digital realities, integrating augmented reality (AR), virtual reality...
Celebrities
Mark Zuckerberg Wins His First BJJ Tournament
Mark Zuckerberg has competed in a Brazilian Jiu Jitsu tournament for the first time and actually won two medals.
Business
Mark Zuckerberg’s Wealth Surges By $10 Billion As Meta Sales Rebound
Facebook parent Meta's founder Mark Zuckerberg’s wealth surged by $10 billion on Thursday after its shares rose as much as 16 percent to hit an intraday high of $241.
Meta shares ended 14 percent higher after the earnings report, lifting...
Business
Meta Laysoffs Continue in Latest Round of Job Cuts
On Wednesday, Meta started laying off technical staff as part of the latest round of job cuts. This recent round of redundancies was announced back in March and was put into action this week.
Meta announced that it would be...
Business
Facebook Parent Meta Cuts 10,000 Jobs
Meta Platform will cut another 10,000 jobs as the tech sector prepares for a sharp economic decline.
Facebook's parent company announced Tuesday that recruiting teams and tech groups would reduce in late April, then business groups in late May.
Meta is...
Business
Mark Zuckerberg Comments on Elon Musk’s Twitter Strategy
Meta CEO Mark Zuckerberg has commented on Twitter CEO Elon Musk's content moderation strategy for rival social media site, Twitter. He called the approach "very interesting."
The comments were made at the DealBook Summit in November of last year and...
Economy
Meta Denies CEO Mark Zuckerberg to Resign
Meta officials have denied rumors that billionaire Mark Zuckerberg plans to resign as CEO of the company he built from the ground up.
A communications official for the company tweeted on Tuesday: "This is false."
Rumors of Meta CEO Mark Zuckerberg’s...
Economy
Amazon: Thousands of Layoffs Reported to Start This Week
First Twitter, then Meta, and now apparently Amazon. According to the news that broke out today, the multinational technology company is now reportedly planning to lay off thousands of employees beginning sometime this week.
It is the fall of the...
Economy
Facebook Meta Lays Off 11,000 Employees
The tech industry, like Silicon Valley, was once a major force to be reckoned with. Giants like Meta, Facebook, Instagram, Twitter, and Amazon each ruled over their respective domains. Furthermore, they did so without any signs of ever having...