Facebook parent Meta has announced that it’s slashing another 10,000 jobs and won’t fill 5,000 open position, as the beleaguered social media giant struggles to cut costs amid profit pressure. Meta CEO Mark Zuckerberg broke the bad news to staff in a statement on Tuesday, in which he gave an update on the company’s “Year […]
During Facebook’s earnings call, CEO Mark Zuckerberg discussed the innovative new projects the company is working on, including the evolution of the internet through the creation of the “metaverse.” Why look at the internet when you can be in it?
WASHINGTON—Facebook founder and CEO Mark Zuckerberg conceded to lawmakers that the company is “not the ideal messenger” for its worldwide cryptocurrency project dubbed “Libra,” which aims to allow users to make payments with their smartphones, and said he supports a delay of the venture until regulatory concerns are adequately addressed. In a five-hour hearing on […]
Facebook CEO Mark Zuckerberg has plans to combine the infrastructure of Facebook Messenger, Instagram, and WhatsApp and add the option of end to end encryption for users, according to a report from the New York Times published on Jan. 25. The three platforms will continue to exist as stand alone apps but users will be […]
People are continuing to leave Facebook, as campaigns to “delete Facebook” gain momentum and global scrutiny expands in the wake of the social-media and social-networking company’s tumultuous year, which was marred by privacy-related scandals. The latest negative publicity came from a Dec. 18 report that revealed that Facebook had shared more personal user data with 150 other technology companies, such […]
Mark Zuckerberg wants Facebook users to catch the Augmented Reality wave. He explored ways he wants to take social media into the Augmented Reality (AR) space at Facebook’s annual F8 conference. He showed off Facebook tools for AR that are currently under development, and hopes to integrate them into the social media experience. He showed […]
