The tech giant is cutting thousands of employees in a round of performance-based layoffs. Here’s why that could cost Meta, say some experts. When Meta broke the news of layoffs to employees this week—on the heels of major changes to its content moderation and DEI policies—the tech giant used the term “non-regrettable attrition” to describe its approach,
Shares in TikTok competitors were little helped on Friday after the high court let the ban stand, indicating that investors are not convinced it will happen. Today, the United States Supreme Court announced its ruling to uphold the TikTok ban.
Meta stands to be one of the largest beneficiaries of a TikTok ban in the US, analysts say. Through ad dollars alone, Meta could rake in up to $3.38B.
What’s new: Meta has released a new AI model that can translate speech from 101 different languages. It represents a step toward real-time, simultaneous interpretation, where words are translated as soon as they come out of someone’s mouth.
Meta confirms Axios report that the company is is axing its diversity, equity and inclusion efforts, including for hiring and training.
Pranav Dixit joins as the Meta Correspondent at Business Insider based in the San Francisco Bay Area.
Meta's affordable Quest 3S VR headset does not appear to be having anything like the impact of the original smash hit Quest 2 according to analyst data.
Readers discuss Mark Zuckerberg’s decisions to end fact-checking on social media, DEI program in Meta. Regarding the Jan. 8 front-page article “ Meta ends fact checks as it readies for Trump era ”:
According to an internal memo, Meta plans to cut 5% of its workforce in February. What's ahead for the parent of Facebook - and its employees?
Facebook parent Meta's "Community Notes", similar to that used on Elon Musk-owned social media platform X, will not apply to paid ads when they arrive later this year, a person familiar with the matter told Reuters on Thursday.
Mark Zuckerberg's decision to make policy changes to Meta platforms Instagram and Facebook will have real-world consequences for many LGBTQ users who are are four times more likely than cisgender people to be “victims of violent crime.
Stock splits were a major market theme in 2024, with some of the world's biggest names joining the list. Companies across sectors, from Walmart to Chipotle Mexican Grill, launched such operations last year.