Meta Platforms has cut plans to hire engineers as CEO Mark Zuckerberg warned employees to brace for a deep economic downturn.
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Elon Musk said there are still a few unresolved matters with his Twitter deal, including the number of spam users on the platform.
Online platforms like Twitter, Facebook and TikTok will be required to register and open offices in Nigeria, draft regulations show.
Lawyers are investigating Meta Platforms’ outgoing operations chief Sheryl Sandberg’s use of company resources over several years, according to a report.
Elon Musk’s efforts to arrange new financing that will limit his cash contribution to his $44-billion acquisition of Twitter have been put on hold, sources said.
Elon Musk warned he may walk away from his $44-billion deal to acquire Twitter if the social media network fails to provide data on spam and fake accounts.
Sheryl Sandberg not only built out Facebook’s money-printing business model. She also became embroiled in the company’s many controversies.
Meta Platforms chief operating officer Sheryl Sandberg, who helped build the world’s biggest social network, is leaving the company after 14 years.
Elon Musk has pledged an additional $6.25-billion in equity financing to fund the Twitter deal, reducing his margin loan against his Tesla shares to zero.
The US District of Columbia is suing Mark Zuckerberg for his alleged role in the data breach that allowed Cambridge Analytica to target Facebook users during the 2016 election.