Mark Zuckerberg

Last week, Meta said it was releasing to researchers a new large language model, the core software of a new AI system, heating up an AI arms race as Big Tech companies rush to integrate the technology into their products and impress investors.

The model is designed to help researchers advance their work, Zuckerberg said.

Meta has given poor performance reviews to thousands of employees, raising fears that the tech giant could be preparing for another wave of job cuts after laying off 11,000 workers.

Meta, the parent company of Facebook and Instagram, is increasing its pretax spending on Zuckerberg’s personal security to $14 million in 2023, up from $10 million the last few years, according to a regulatory filing released Wednesday.

Businesses are currently charged a flat Rs 0.48 per conversation; however, beginning June 1, 2023, they will be charged based on the category of the conversation.

The Facebook owner’s stock surged 23%, its biggest jump since 2013, to help it briefly trade over $500 billion in market capitalization.

The company was set to add more than $90 billion to its market value and was on course to log its best day in a decade. The rally also lifted shares of Amazon.com, Apple and Alphabet, all of which sport valuations of more than $1 trillion and will report earnings after market close.

Mark Zuckerberg said they are working on flattening its organisation structure and removing few layers of middle management to make decisions faster

The company expects a sharp rebound in revenue in the coming quarters on a robust order book and healthy order inflow, Joint Managing Director Jitendra Kumar Agarwal has said

According to YRF, the high-octane spy thriller raised Rs 53.25 crore nett in India (Hindi, all dubbed versions), taking the domestic gross box office numbers to Rs 64 crore. "Pathaan" was also released in Tamil and Telugu on Wednesday.

The global economic downturn ensured 2022 was a bad year for billionaires. The world’s top 500 wealthiest people collectively lost $1.4 trillion in the last year.

Mark Zuckerberg and Priscilla Chan have two daughters and are now expecting their third.

The Guardian has rated tech bosses who didn't have a great last year. Take a look at the list.

Mark Zuckerberg testified in federal court in San Jose, California, that owning app maker Within Unlimited was "not that critical" to Meta's ambitions, saying he primarily aimed to build communications tools and a platform for apps from different developers.

Billionaire Elon Musk added to the chorus after his acquisition of Twitter Inc., sending a flurry of tweets this week denouncing Apple’s fees and restrictions on what apps can be sold.

News website The Leak earlier in the day reported that Zuckerberg was set to resign in 2023, citing an unnamed insider source.

Mark Zuckerberg, addressing pointed questions at a company-wide meeting a week after Meta said it would lay off 11,000 workers, described the pair of messaging apps as being "very early in monetizing" compared to its advertising juggernauts Facebook and Instagram, according to remarks heard by Reuters.

Meta has let go over 11,000 workers while Twitter sacked roughly 50 percent of its 7,500-strong workforce.

Mark Zuckerberg has promised 16 weeks of base pay plus two additional weeks for every year of service as severance package to the impacted Meta employees.

Anneka Patel, a Facebook communications manager on maternity leave was among the 11,000 Meta employees impacted by mass layoffs at the tech giant.