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    Meta

    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

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    • Will investors get good AI news this week? Don’t bet on

      Shareholders in Microsoft, Apple, Amazon and Meta want to hear during earning calls that ballooning spending is being offset with new revenue streams. They are likely to be disappointed

    • Social media's age limits won't protect your kids

      The real problem is the apps’ addictive features and how they prey on developing brains

    • The Inflection Point: AI's assembly line ends with Microsoft, Google and Meta

      Inflection AI was on track to surpass OpenAI’s free version of ChatGPT with a model it had built, remarkably, from scratch, and had raised over a billion dollars. Had Inflection run out of all that money? That Inflection has been swallowed so quickly by Microsoft underscores that requirements around computing power and talent have made it too expensive for most companies to build cutting-edge generative AI models without the patronage of a tech giant like Microsoft, Google or Meta

    • Mark Zuckerberg’s 20-year formula for success has expired

      Despite being seen as the big tech “comeback kid” after recovering from 2022’s dwindling share price, Zuckerberg may no longer be able to continue to copy and paste his way out of trouble. The next threat to Meta doesn’t come from easily duplicated up-and-coming social apps but new paradigms in computing altogether

    • Musk-Zuckerberg MMA fight revives Forrest Griffin and Stephan Bonnar memories

      A one-time MMA aficionado reflects on the new sport of tech billionaires like Elon Musk and Mark Zuckerberg

    • Zuck and Musk show represents the trivialisation of business

      The Musk and Zuck showdown reeks of the kind of megalomania that only billions can fuel. Two men engaging in the kind of braggadocio that would make a responsible teenager squirm

    • Ruchir Sharma: What’s wrong with tech giants riding the AI wave

      It is dysfunctional for the same companies to dominate another innovation surge

    • Worried about Nvidia, Apple and Meta? Nasdaq has your back

      To tackle the “over-concentration” of the Nasdaq 100, the index provider is carrying out a “special rebalance” on July 24 to redistribute weights after the run-up in megacap stocks. Although the out-of-cycle move was rare and blindsided some investors, it is a sign that the system is working as intended

    • Twitter’s troubles are perfectly timed for Meta

    • Meta’s $1.3 billion EU fine could get worse

    • Memo to Mark Zuckerberg: Be like Satya Nadella

    • Google, Beware: Ads and chatbots are a dangerous mix

    • Meta layoffs reveal a deeper truth: Tech exceptionalism is dead

    • Mark Zuckerberg may have better luck with Elon Musk’s ‘blue tick’

    • Tech CEOs will pay a harsh price for these job cuts

    • Are we ready for AI that knocks out jobs, fuels disinformation, and is difficult to regulate?

    • With Bard, Google joins the race against ChatGPT to answer our queries

    • Mark Zuckerberg’s new focus pulls Meta back from the brink

    • Shiv Visvanathan writes on tech layoffs: The real sadness is our entrenched silence to a tragedy

    • Activist investors move on Salesforce. Is Big Tech safe?

    • Why tech giants are on a sacking spree

    • Why Mark Zuckerberg should face the threat of jail

    • Meta is India’s largest media company. What does this say about Indian business?

    • Massive Layoffs | Twitter, Meta are repeating an old-guard mistake

    • Big Tech job cull may be the start of things to come

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