Por: The Advocate Business November 09, 2022
Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and , CEO Mark Zuckerberg said in a letter to employees Wednesday.The job cuts come just a week after under its new owner, billionaire Elon Musk. There have been numerous job cuts at other tech companies that hired rapidly during the pandemic.Zuckerberg as well said that he had made the decision to hire aggressively, anticipating... + full article
Forbes USA Business October 29, 2022
Getty Images Key Takeaways U.K. Regulators recently demanded that Meta, parent company of Facebook, divest its acquisition of Giphy. The lawsuit went through the court system for nearly two years as Meta tried to overturn the ruling. This final ruling was the last chance Meta... + más
Facebook parent Meta admits defeat after $400 million Giphy deal is blocked by UK regulators | CNBC
Facebook parent Meta to sell Giphy, giving up battle with UK regulators | Fox Business
Forbes USA Business October 28, 2022
Getty Images Key takeaways Facebook parent Meta saw its stock tumble Thursday following Wednesday afternoon. By market close, Meta had plunged 24.6% in a single session and was selling under $98. The stock hasn’t traded this low since 2016. So far this year, Meta’s stock has... + más
To defeat FTC lawsuit, Meta demands 100+ rivals share biggest trade secrets | Ars Technica
Meta and Others Bought Back a Ton of Stock. Now They’re Paying the Price. | MarketWatch
ABC News USA Business October 27, 2022
Facebook parent Meta on Wednesday reported that its revenue declined for a second consecutive quarter, hurt by falling advertising sales as it faces competition from TikTok's wildly popular video app. The quarter's weak results raised fresh questions about whether... + más
Facebook parent Meta's revenue, profit decline amid ad slump | ABC News
Facebook parent Meta's revenue, profit decline amid ad slump | WPLG Local 10
ABC News USA Tech October 27, 2022
New York Post USA Tech October 27, 2022
Facebook parent Meta on Wednesday reported that its revenue declined for a second consecutive quarter, hurt by falling advertising sales as it faces . The quarter’s weak results raised fresh questions about whether Meta’s — a concept that doesn’t quite exist yet and... + más
This Week In XR: The Quest Pro And Everything In Meta’s Metaverse | Forbes
CNBC USA Tech October 26, 2022
In this articleMark Zuckerberg, co-founder and CEO of Meta Platforms, in July 2021.Kevin Dietsch Getty Images News Getty Images reports third-quarter earnings on Wednesday after the bell.Here's what analysts are expecting:Facebook's parent is contending with a broad... + más
Ars Technica USA Tech September 19, 2022
Navigate Filter by topic Settings Front page layout Site theme Comment activity Sign up or login to join the discussions! Sign up to comment and more - Sep 13, 2022 5:25 pm UTC Share this story Several years after Facebook-owner Meta acquired WhatsApp and Instagram, the that... + más
Meta spins off PyTorch Foundation to make AI framework vendor-neutral | Ars Technica
Iranians hacked US companies, sent ransom demands to printers, indictment says | Ars Technica
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