The $65 Million Perk for CEOs: Personal Use of the Corporate Jet Has Soared
One of the flashiest executive perks has roared back since the onset of the pandemic: free personal travel on the...
Mark Zuckerberg
Elon Musk’s Latest Antics Have Some Asking: Is He Out of Touch?
The billionaire’s taunts of Mark Zuckerberg, his rival at Meta Platforms, are drawing cringes and questions. Source link
Meta Sees Ad Business Rebound but Warns of Higher Spending in Metaverse
The Facebook parent posted its highest quarterly sales growth in more than a year as demand for digital advertising gets...
Zuckerberg Channeled ‘OG Mark’ to Fast-Track Secret Effort That Became Threads
The launch of Threads was the culmination of a secretive, monthslong effort aimed at rewriting the narrative about Meta Platforms...
Twitter’s Challenges Heat Up as Meta Prepares Rival App This Week
The new threat comes as Elon Musk’s company offered further explanation for its controversial cap on how many tweets users...
Musk vs. Zuckerberg: The Billionaire Bout for the Social-Media Age
The heads of Twitter and Meta are elevating their personal rivalry with a proposed cage match. Source link
Mark Zuckerberg Was Early in AI. Now Meta Is Trying to Catch Up.
The CEO considers artificial intelligence critical to long-term growth and is taking more control over efforts. Many Meta AI researchers...
Facebook Parent Meta Platforms Sees First Sales Increase in Nearly a Year
The company reported revenue of $28.6 billion, up 3% from a year prior, as it continues to improve after the...
WSJ News Exclusive | Mark Zuckerberg Says Meta Will Slow Hiring, Won’t Rule Out Future Layoffs
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Facebook Parent Meta Plans 10,000 Job Cuts in New Round of Layoffs
TechCEO Mark Zuckerberg, in email to employees, talks about the advantages of a leaner organization Source link
WSJ News Exclusive | Meta Plans New Layoffs That Could Match Last Year’s in Scope
Facebook’s parent is planning additional job cuts in multiple rounds over the coming months that in total would be roughly...
Facebook Parent Launching ‘Meta Verified’ Subscription Service
Meta Platforms plans to test “Meta Verified,” starting at $11.99 a month, in Australia and New Zealand. Source link
WSJ News Exclusive | Meta Pursues Teen Users as Horizon Metaverse App Struggles to Grow
The Facebook parent’s updated strategy for the fledgling app includes opening it up to teens aged 13 to 17. Source...
Tech Industry Reversal Intensifies With New Rounds of Layoffs
TechCompanies that grew rapidly during pandemic are now reducing spending and staffing, sometimes repeatedly Source link
Facebook Parent Meta Announces Layoffs of 11,000 Staff
TechLayoffs are the first broad head-count reduction to occur in the company’s history Source link
WSJ News Exclusive | Meta’s Mark Zuckerberg Says He Is Accountable as Company Preps for Mass Layoffs
WSJ News ExclusiveTechLayoffs are to begin on Wednesday morning, the CEO told hundreds of executives on Tuesday Source link
Federal Trade Commission Drops Mark Zuckerberg From Antitrust Lawsuit
Meta Platforms had asked the Federal Trade Commission to remove Mark Zuckerberg from a lawsuit filed to block it from...
Mark Zuckerberg’s Bid to Reinvent Facebook Parent Meta Hits Early Snags
Meta on Thursday walked back some new Instagram features central to the revamp that had drawn swift user backlash. The...
Facebook Revenue Slows but User Gains Boost Stock
Facebook parent Meta Platforms Inc. FB -3.32% added more users than expected but posted its slowest revenue growth since going...
Facebook’s Pushback: Stem the Leaks, Spin the Politics, Don’t Say Sorry
The day after former Facebook employee and whistleblower Frances Haugen went public in October, the company’s team in Washington started...
