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The Latest Breaking News from Meta

The metaverse is expected to gain momentum in the mass market in 5-10 years, while various emerging technologies require regulation in a responsible manner without undermining the innovative power of technology, according global tech powerhouses Meta and Amazon Web Services (AWS).

Bangkok Post · Nov 18, 2022

With 5,900 tech jobs already gone, a Seattle correction looks real

The string of layoff announcements by Amazon and other Seattle-area tech employers has many asking whether the tech industry is bound for a major correction and even more job cuts in coming months.

Tribune News Service · Nov 18, 2022

Fired by Musk or Zuckerberg? The Old Economy welcomes you

As Meta Platforms Inc., Twitter Inc. and other leaders of the new economy embark on an unprecedented round of firings, the stalwarts of the old economy are waiting with open arms.

Tribune News Service · Nov 18, 2022

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Facebook wants you to stop oversharing in your profile

Political views, religion, and sexual-orientation fields are all being scrubbed from Facebook profiles.

Evening Standard · Nov 18, 2022

'Allow people to leave the company with dignity': How Airbnb CEO's job cuts stand in stark contrast to Meta and Twitter

As tech layoffs continue, companies might learn some lessons from Airbnb—one of the first to cut jobs in the pandemic era.

Fortune · Nov 18, 2022

This week in the metaverse: Best year yet for Web3 trademark filings, Cristiano Ronaldo NFTs, and 'the world's first digital nation'

While metaverse-related trademark filings were unheard of just a few years ago, trademark attorney Mike Kondoudis told Fortune it is now an essential part of many companies's strategies.

Fortune · Nov 18, 2022

Big Tech powers down devices amid economic woes

Meta, Amazon and other companies are cutting product lines to save money.

Axios · Nov 18, 2022

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The grotesque inequality embodied by Musk, Bezos and Zuckerberg is a threat to democracy

Something’s wrong when basic infrastructure maintenance seems utopian, while the hare-brained schemes of tech oligarchs become routine

The Guardian - AU · Nov 18, 2022

A tiny country threatened by rising sea levels is uploading itself into the metaverse to guarantee its existence

“As our land disappears, we have no choice but to become the world’s first digital nation,” Tuvalu Foreign Minister Simon Kofe told the COP27 climate summit.

Fortune · Nov 17, 2022

Facebook Still Banning Trump — for Now — despite Campaign

Donald Trump may be running for president, but he still can’t use Facebook. The social media platform has no plans to reinstate Trump’s account following the former president’s announcement that he will seek a second term in the White House, the company confirmed Wednesday. Trump was kicked off Facebook following…

Asharq Al-Awsat · Nov 17, 2022

Facebook India Head: Facebook Parent Company Meta Appoints Sandhya Devanathan As India Head And Vice President

Facebook's parent company Meta has appointed India's Sandhya Devanathan as India Head and Vice President. Read the full report on Dynamite News:

Dynamite News · Nov 17, 2022

Ancestry CEO’s advice: don’t be ‘reactionary’ in the downturn, those who prepare will emerge stronger

Former Meta executive and chief executive officer of Ancestry.com Deb Liu addressed the gloomy economic climate the private company is facing.

Fortune · Nov 17, 2022

'Malicious disinformation to target our government': Anurag Thakur takes a swipe at the Wire's Meta stories

Information and Broadcasting minister Anurag Thakur today indicated his displeasure at the news website Wire's now retracted stories on Meta and Bharatiya Janata Party's IT chief Amit Malviya.

Newslaundry · Nov 16, 2022

Tech unicorn Wayflyer to cut 70 jobs in Dublin

Wayflyer employs around 220 people in Ireland with their headquarters on Baggot Street

Dublin Live · Nov 16, 2022

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Fortune · Nov 16, 2022

Tech layoffs are disproportionately hitting HR and corporate diversity teams

Human resources and DEI teams are getting axed after steering companies through the pandemic and social justice uprisings.

The Guardian - AU · Nov 15, 2022

What is the sound of Facebook’s value crashing? Noisycharts turns news into noise

Rising carbon dioxide and the slump in the pound have been frequently graphed. Now we’ve turned the data and graphs into audio

Evening Standard · Nov 15, 2022

Tech’s tectonic plates are shifting — will Twitter, Meta and the other giants survive?

Amid job losses and tumbling share prices, all the platforms once thought too big to fail are now fighting to stay relevant. From Twitter to Meta, change is afoot, says John Arlidge

Newslaundry · Nov 15, 2022

WhatsApp head, public policy director in India quit as Meta churn continues

Days after Ajit Mohan, the vice president and managing director of Meta India, announced his departure from the company, Meta India has confirmed the resignations of two other senior executives. Abhijit “Bobby” Bose, the head of WhatsApp India, and Rajiv Aggarwal, the public policy director of Meta India, have resigned…

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Fortune · Nov 15, 2022

Fortune's 40 Under 40 list highlights women to watch in the years ahead

Fortune's 40 Under 40 list features a who's who of women business leaders, including Call Her Daddy podcast host Alex Cooper and Susan Li, Meta's new CFO.

France 24 · Nov 15, 2022

Amazon slated to cut 10,000 corporate jobs amid slow consumer spending

After Meta and Twitter, Amazon is the latest e-commerce giant looking to reduce its payroll. Reports in The New York Times and other outlets say this is part of the company's drive to cut any lossmaking or underperforming units. The job cuts, which could represent as much as 3 percent…

The Independent UK · Nov 15, 2022

Amazon preparing thousands of job cuts – report

The US firm would join Meta and Twitter in announcing substantial staff cuts.

Wales Online · Nov 15, 2022

Amazon reported to be looking to cut 10,000 jobs

Meta, Twitter, Snapchat and Microsoft have also announced staff layoffs in recent months

Dublin Live · Nov 15, 2022

Amazon expected to announce job cuts worldwide with future for Ireland unknown

It's the latest US tech company to cut roles following Facebook owner Meta and Twitter

WEKU · Nov 14, 2022

It's the end of the boom times in tech, as layoffs keep mounting

Amazon will reportedly lay off 10,000 employees as soon as this week. That follows job cuts at Meta, Twitter, and Stripe, with CEOs citing economic uncertainty and a slowdown in online ad buying.

Tribune News Service · Nov 14, 2022

Billionaires gone wild: Musk, Zuckerberg slash jobs, roll dice with future of Bay Area tech icons

As Elon Musk and Mark Zuckerberg lay off thousands of workers in pursuit of their personal visions for the future of the internet, the fate of Twitter and Facebook rests in the hands of these two billionaires, experts say — and the outcome for the two iconic Bay Area technology…

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