For more than a year, Meta has been engaged in a massive project to whip its AI infrastructure into shape.
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Meta Platforms is set to commence company-wide layoffs as it works towards founder Mark Zuckerberg’s goal of greater efficiency.
A leaner Meta Platforms is impressing investors, with analysts turning bullish amid cost cuts and stabilising advertising trends.
Meta Platforms has become the first Big Tech company to announce a second round of mass layoffs as the industry braces for a deep economic downturn.
Meta Platforms is exploring a standalone decentralised social network for sharing text updates.
Meta Platforms is planning a fresh round of layoffs and will cut thousands of employees as soon as this week, sources said.
Brazil’s central bank has approved Meta Platforms’ payments launch for small and medium-sized business.
Meta Platforms has been slapped with a €265-million fine for failing to prevent the leak of the personal data of more than half a billion Facebook users.
Meta Platforms will let go of 13% of its workforce, or more than 11 000 employees, in one of the biggest tech layoffs this year
Paratus and Meta Platforms have announced an investment to build 900km of open-access metro fibre in Zambia.