Facebook owner Meta Platforms Inc has cut its plans to hire engineers this year by at least 30%, CEO Mark Zuckerberg told employees yesterday as he warned them to prepare for a deep decline in the economy. Meta has cut its 2022 engineer hiring goal by about 6,000-7,000 below its original plan to hire about […]
Tag: Mark Zuckerberg
Facebook is at a ‘turning point’ after the ‘loss’ of 230 billion capitalization
The stock of Meta, Facebook’s parent company, recorded an “abnormal landing” on Thursday, recording a “dip” of more than 25% – which “erased” more than $ 250 billion from its market value, marking the worst meeting in the history of the company- after the disappointing quarterly financial report that showed a decrease in users and […]
Canada teams up with Australia to get Facebook and Google to compensate publishers
Canada joins Canada’s position vis-à-vis the digital giants for companies such as Google and Facebook to remunerate the journalistic work of the media. “The prime ministers have mentioned the growing cooperation between Canada and Australia in the regulation of online platforms. They have agreed to continue coordinating efforts to address the damage online and ensure […]
Regulators and US states denounce Facebook and ask to separate it from WhatsApp and Instagram
Facebook, the social media giant that accounts for 70% of that market in the United States, has encountered today the greatest threat in its history as a company since Mark Zuckerberg founded it at Harvard University 16 years ago: two lawsuits, one from the Federal Telecommunications Commission – the US competition regulator – and another […]
Apple CEO Tim Cook, Tesla’s Elon Musk pledge donations
Tim Cook, chief executive officer of Apple Inc., left, speaks as Marc Benioff, chairman and co-chief executive officer of Salesforce.com Inc., listens during a keynote at the 2019 DreamForce conference in San Francisco, California, U.S., on Tuesday, Nov. 19, 2019. David Paul Morris | Bloomberg | Getty Images U.S. technology CEOs including Facebook’s Mark Zuckerberg […]
Facebook offers free ads to WHO, will remove flase claims
Facebook CEO Mark Zuckerberg at the F8 Facebook Developers conference on April 30, 2019 in San Jose, California. Justin Sullivan | Getty Images Facebook CEO Mark Zuckerberg said on Wednesday that the social network will give the World Health Organization free advertising for its coronavirus response and take down false claims about the virus. Users […]