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.
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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.
Meta Platforms is planning to begin large-scale layoffs this week that will affect thousands of employees, the Wall Street Journal reported.
Mark Zuckerberg’s apparent willingness to stomach such losses is a sign of his faith in the metaverse. Investors aren’t as confident.
Disappointing earnings from the megacap companies that led markets higher for years are cratering their shares.
Investors are losing patience over Meta Plaforms CEO Mark Zuckerberg’s enormous and experimental bets on his metaverse project.
Meta Platforms signed an agreement to have chip-maker Qualcomm produce custom chipsets for its Quest virtual reality devices.
Facebook parent company Meta Platforms is building a customer service division to help users who have had posts or accounts removed unexpectedly.
Instagram appears to be copying another up-and-coming social media competitor: BeReal, a popular photo app.