Facebook parent Meta planning massive layoffs this week: report
Facebook parent Meta is reportedly planning to lay off thousands of workers this week as the company's stock price has dropped 73% so far this year.
Big Tech layoffs could hurt Americans, but the 'worst is still on the way': tech insider
Microsoft, Meta, Twitter and other big tech firms will continue layoffs and hiring freezes as companies look to cut cost, Bay Area recruiting site founder says.
Big Tech layoffs: 'Worst is on the way,' tech insider says
Microsoft, Meta, Twitter and other big tech firms will continue layoffs and hiring freezes as companies look to cut cost, Bay Area recruiting site founder says.
Facebook parent Meta stock plummets, CEO Zuckerberg sees net worth sink
Zuckerberg owns more than 350 million shares of Meta's stock, according to its latest proxy statement. Its shares have tumbled approximately 70% year to date.
Meta Platforms misses on EPS, signals bearish hiring in 2023
As Facebook parent company Meta Platforms reported its third-quarter results Wednesday, it signaled it will take a bearish hiring approach in the coming year.
Meta investor urges company to slash headcount, slow metaverse spending
Altimeter Capital argues the changes would double Meta's free cash flow to $40 billion per year, improve its stock price and make a leaner, more productive and focused company.
Mark Zuckerberg's private jet burned $158,000 worth of fuel in two months despite frequent climate activism
The private jet belonging to Facebook CEO Mark Zuckerberg has made 28 trips in two months, burning $158,000 worth of fuel and emitting 253 tons of carbon.
Facebook owner Meta unveils new $1,500 VR headset aimed at businesses
Meta's new $1,500 Quest Pro virtual-reality headset costs significantly more than the previous version, but it's aimed for high-end users and businesses.
Facebook parent Meta to shrink some offices as it adapts to hybrid work
Facebook owner Meta plans to shrink office space as workers continue to work from home in a hybrid model, trying to keep the energy of the workplace alive.
Meta board approves personal security for outgoing executive Sheryl Sandberg
Meta Platforms Inc. said on Friday its board had approved providing personal security services to former Chief Operating Officer Sheryl Sandberg
Meta implements a hiring freeze
CEO Mark Zuckerberg said Meta Platforms, the parent company of social media network Facebook, will be freezing hiring efforts, according to reports Thursday.
Mark Zuckerberg hit with legal complaints over alleged attempt to influence 2020 election
A conservative policy group filed two complaints with the Internal Revenue Service alleging that Facebook CEO Mark Zuckerberg was involved in a scheme to influence the 2020 election.
Mark Zuckerberg's fortune sheds $71B as Meta Platforms' stock struggles
Zuckerberg ranks 20th among global billionaires with a net worth of $55 billion – his lowest ranking since 2014, according to the Bloomberg Billionaire's Index.
Zuckerberg fallout, EBT tech issue, Powell speech reaction and more: Monday's 5 things to know
Meta CEO told Joe Rogan Facebook limited the Hunter Biden laptop story ahead of the 2020 election, a nationwide EBT outage and more earnings and labor reports are due this week.
FBI responds to Zuckerberg's claim on Joe Rogan that Facebook limited Hunter Biden story after agency warning
The FBI has responded to Mark Zuckerberg's claim that Facebook limited the New York Post's reporting on Hunter Biden's laptop after the agency warned of Russian propaganda.
Facebook parent settles suit in Cambridge Analytica scandal
Mark Zuckerberg, CEO of Facebook parent company Meta Platforms, has reached a tentative settlement involving a lawsuit over the Cambridge Analytica scandal.
FTC removes Mark Zuckerberg from virtual reality lawsuit with Meta
FTC is removing billionaire Mark Zuckerberg from a lawsuit with his company, Meta, over its attempt to purchase a virtual reality company.
Facebook unveils midterms strategy to prevent election and voting interference
Meta, Facebook's parent company, says it has made significant investments in election security on the platform ahead of the midterms in the wake of criticisms.
Mark Zuckerberg-signed Little League baseball card will go up for auction
Mark Zuckerberg's signed Little League baseball card is going up for auction this fall. Young Zuckerberg gifted the card to his camp counselor in 1992.
Meta's Zuckerberg, Sandberg to be questioned by lawyers in privacy lawsuit
Two top executives of Meta, Mark Zuckerberg and Sheryl Sandberg, will be questioned for hours by lawyers in a privacy class action lawsuit related to a data sharing scandal.