Meta Platforms Inc. aka Meta was formerly known as Facebook and is an American technology conglomerate situated in Menlo Park, California. Meta now acts as a parent company to Facebook, Instagram, WhatsApp, and other subsidiaries. Meta is seen as one of the American big five in tech, along with Alphabet, Amazon, Apple, and Microsoft. The company changed its name to Meta because of the renewed focus on building a giant metaverse – a network of virtual worlds which will be inhabited by social avatars of real people – with the goal to tie the whole world together into one giant, social network. Meta’s services include Facebook, Messenger, Instagram, WhatsApp and more. It has also acquired Oculus, Giphy, Mapillary, Kustomer and holds a 9.9% stake in Jio Platforms. The new name came into effect on October 28, 2021. Mark Zuckerberg acts as the CEO for Meta, Sheryl Sandberg is the COO, Nick Clegg is president of Global Affairs, Mike Schroepfer is the chief technology officer, David Wehner is the Chief Financial Officer and Chris Cox is the Chief Product Officer. As of December 2020, Meta had almost 59,000 employees. The company’s board of directors include Peggy Alford from PayPal, Drew Houston from Dropbox, Nancy Killefer from McKinsey and Company, Tony Xu from DoorDash and Peter Thiel from Clarium Capital among others. More
The bill would prohibit big digital advertising companies, with Google the biggest, from owning more than one part of the stack of services that connect advertisers with companies with space for advertisements.
EU lawmakers in February agreed to tougher rules on targeted political advertising aimed at countering misinformation during elections.
Meta Verified will be priced at a monthly fee of Rs 1,099 on the web and Rs 1,499 on the mobile application in India, as per the company website.
Meta's ex-Chief Operating Officer Sheryl Sandberg is back to the US after the third week of her long-delayed honeymoon in Japan.
The social media giant will be assessing performance of employees, and those who get a rating of "met most expectations" in their 2023 year-end reviews will receive a smaller percentage of bonus and restricted stock award due in March 2024, the report said.
This development comes on the heels of WhatsApp announcing a new WhatsApp Desktop app for Windows that includes improved calling such as the ability to place group video calls with up to 8 people and audio calls with up to 32 people.
Mark Zuckerberg and Priscilla Chan got married in 2012 and have two older daughters.
The veteran actor, who became a household name with the TV serial 'Hum Log', and spent a life in theatre, is this year’s recipient of the Mahindra Excellence in Theatre Awards' (META) Lifetime Achievement Award.
The former employee had worked at Meta for six months.
In an email sent out in September 2010, Mark Zuckerberg asked an employee to resign from the firm for leaking out inaccurate information about the future plans of the firm.
Meta layoffs 2023: The US Navy veteran said that even though the layoff was disappointing, it was a "tremendously beneficial road" in every regard.
Meta layoffs: The former HR staffer says she hired some of the company's toughest infrastructure roles at the global level.
As per Mark Gurman, a journalist working with Bloomberg, the company has tried to avoid laying off employees and instead decided to postpone bonuses to employees in some corporate teams.
Amazon has announced second round of layoffs, which will result in around 9,000 job cuts. Employees across departments such as AWS, People, Experience, and Technology (PXT), Advertising, and Twitch will lose their job. Numerous tech giants including Facebook-parent Meta, Microsoft Corp, Salesforce Inc, and Google-parent Alphabet have slashed thousands of jobs in recent months. Watch!
'I joined Meta three days back, after waiting for a long visa process... Really sad that this happened,' Vishwajeet Jha had shared on LinkedIn.
The woman shared that she had experienced a life-threatening postpartum hemorrhage during the birth of her child, which added an extra layer of trauma to the already difficult experience of being laid off.
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But there is a catch. The feature requires iOS 16 to be installed on your iPhone
Users can buy blue verification checkmarks for $12 a month on Instagram and Facebook. Those signing up through iOS or Android will have to pay $15 because of the fee that Apple and Google charge
Meta layoffs 2023: 'This morning, I woke up to an unfortunate email letting me know that I was part of Meta's second round of layoffs...' former senior technical recruiter Gyorgy K shared.
Silicon Valley for too long equated head-count growth with success. Tech companies are instead turning to more traditional ways to measure success, partly because that’s what Wall Street is demanding
Meta Layoffs 2023: Meta CEO Mark Zuckerberg wrote, 'Our early analysis of performance data suggests that engineers who either joined Meta in-person and then transferred to remote or remained in-person performed...'
Former Meta employee Susmita Sahu shared, 'While I'm still processing what happened and I'm at a true loss for the right words...'
Mark Zuckerberg wrote, 'I recognize that sharing plans for restructuring and layoffs months in advance creates a challenging period. But last fall, we heard feedback that you wanted more transparency sooner into any restructuring plans, so that’s what I’m trying to provide here.'