Mark Zuckerberg

After laying off 21,000 employees in two job cut rounds, Meta (formerly Facebook) is further looking to cut costs, and has reportedly plans lower bonus payouts for some workers

The social media company aims to position WhatsApp as a platform with a fully end-to-end encrypted messaging experience that allows cross-platform communication

Meta CEO Mark Zuckerberg has announced two new updates for groups on WhatsApp -- new controls for admins, and easily see groups in common

Mark Zuckerberg, CEO of WhatsApp parent Meta, introduced the features on his Instagram Broadcast channel

During an internal meeting with employees, Chief Executive Officer Mark Zuckerberg told employees the economic climate of layoffs and restructuring could last many years

Analysis of performance data suggests that engineers who either joined Meta in-person and then transferred to remote or remained in-person performed better on average than people who joined remotely

"No one wakes up thinking they want to maximize the number of times they open Instagram that day," one Meta employee wrote in 2021. "But that's exactly what our product teams are trying to do."

The imminent round of cuts is being driven by financial targets and is separate from the "flattening," said the people, who asked not to be identified

Meta has launched some new "creative expression" features for creators on Facebook, including the ability to create Reels of up to 90 seconds which were earlier limited to only 60 seconds

"Any strategy to invite young users into a digital space rife with potential harms should not be driven by a goal to maximise profit," the senators wrote

He further explained that in the short term, the company will focus on building creative and expressive tools

Meta, the parent company of Facebook and Instagram, is increasing its pretax spending on Zuckerberg's personal security to $14 million in 2023

Creators can now search comments by keywords including emojis, commenter names and date on their posts

He also mentioned that there are now more than 200 applications on the company's virtual reality (VR) devices that have made more than $1 million in revenue

After laying off 11,000 employees, Meta Founder and CEO Mark Zuckerberg now wants 2023 to be the "year of efficiency"

The company reported a revenue of $32.17 billion for the fourth quarter (down four per cent Y-o-Y) and $116.61 billion for the full year

After sacking 11,000 employees in November last year, Meta Founder and CEO Mark Zuckerberg has now reportedly put middle managers at the company on notice

The dynamic clocking system will automatically increase the frequency as it detects that the application would benefit from it

Mark Zuckerberg, the CEO of Facebook parent company Meta, took the witness stand Tuesday in the FTC's effort to stop the tech giant from buying a virtual reality startup. At issue is whether Meta's acquisition of the small company that makes a VR fitness app called Supernatural will hurt competition in the emerging virtual reality market. If the deal is allowed to go through, the Federal Trade Commission argues, it would violate antitrust laws and dampen innovation, hurting consumers who may face higher prices and fewer options outside platforms controlled by Meta Platforms Inc. The case, expected to wrap up Tuesday, is being heard by U.S. District Judge Edward Davila, who also oversaw the trial of disgraced Theranos founder Elizabeth Holmes and her partner Ramesh Sunny Balwani. Both were sentenced to over a decade in prison for their roles in the company's blood-testing hoax.

Meta is directing "about half" of its Reality Labs' operating expenses toward augmented reality (AR) and is committed to its vision for the future.