The Latest Breaking News from Mark Zuckerberg

Meta may have spent at least $88,000 per person when it laid off 11,000 in 2022. This year could see even more job cuts

And those aren’t even the costliest recent tech layoffs.

Fortune · Feb 2, 2023

Meta Reports Sales Fall, but Beats Expectations

Facebook and Instagram owner Meta on Wednesday reported its first annual sales drop since the company went public in 2012, but the fall was less brutal than expected, sending its share price soaring. The social media giant said sales dropped one percent to $116.6 billion in 2022, while it also…

Asharq Al-Awsat · Feb 2, 2023

The White House just came around to Elon Musk's point about Apple's 'secret 30% tax on everything.'

Tech CEOs, like Mark Zuckerberg and Elon Musk, have long grumbled about the 30% cut developers pay to Apple and Google.

Fortune · Feb 2, 2023

The professor who wrote the book on digital surveillance says that Elon Musk's Twitter takeover means our political stability, health and sanity come down to one man: 'I regard this as fundamentally intolerable'

Shoshana Zuboff calls Musk and Zuckerberg "information oligarchs" and thinks decision-making power lying with a few top-ranked executives can threaten democracy.

Fortune · Jan 31, 2023

Donald Trump’s Truth Social posts bode ill for his return to Facebook

As Trump was reinstated, Meta’s Nick Clegg stressed ‘guardrails’ were in place. He could soon find them tested

The Guardian - UK · Jan 26, 2023

Meta's big money grab: Trump is the key

Trump's half-literate, racist lies are a traffic bonanza on social media, so of course they want him back

Salon · Jan 26, 2023

5 takeaways from the massive layoffs hitting Big Tech right now

Some 200,000 tech jobs have been lost in what is seen as one of the sharpest downturns in the tech industry's history. Here is what you need to know about the mass layoffs in Silicon Valley.

WEKU · Jan 26, 2023

Trump’s Facebook and Instagram ban to be lifted, Meta announces

Ex-president to be allowed back ‘in coming weeks … with new guardrails in place’ after ban that followed January 6 attack

The Guardian - US · Jan 25, 2023

Exclusive: Facebook to reinstate Trump

The decision will end a two-year ban and allow Trump to post and raise money using the platforms.

Axios · Jan 25, 2023

'I take full responsibility': Why CEOs like Zuckerberg and Pichai are all using the same language around layoffs

Despite looking like a noble move, experts say that blanket accountability statements could actually make staff feel "disappointment, anger and betrayal".

Fortune · Jan 24, 2023