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After layoffs, Meta offers immigration assistance to H-1B visa holders

The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise

Meta lays off 11,000 employees across board after disappointing earnings

Employees who lose their jobs would be provided at least four months of salary as a severance, according to some reports

Facebook parent Meta Inc to begin widespread job cuts starting today

The cuts are expected to affect about 10% of the company, which employed more than 87,000 as of Sept. 30, according to Insider.

5 habits of successful cos: From thinking long-term to competing fairly

Remember when Facebook was celebrated as an agent of global harmony? Now known as Meta Platforms Inc., it is widely reviled as a poisoner of democracy

Meta Platforms' India staffers on edge over layoff media reports

The global tech giant is struggling, but its India unit is performing rather well

After Twitter, Meta Platforms likely to fire thousands of employees

Will be first broad headcount reduction in the tech giant's 18-year history

LIVE: Court orders blocking Congress' Twitter for copyright infringement

From Facebook parent Meta's large scale layoffs to Musk's threat to Twitter account impersonators, catch all the live updates from across the globe here

Ukraine's President Zelensky wants Iran punished for helping Russia

"If it was not for the Iranian supply of weapons to the aggressor, we would be closer to peace now," Zelensky said Sunday evening in his daily address

Top headlines: Meta prepares for mass-layoff, Musk calls back fired workers

Business Standard brings you the top headlines at this hour

Google India and Facebook India's combined revenue up 77 per cent in FY22

In 2021, the two companies earned Rs 23,212 crore through online ads. It rose to Rs 41,115 crore in 2021-22

Ajit Mohan quits as head of Meta India; Manish Chopra interim chief

Meta Platforms announced that Ajit Mohan, Vice President and Managing Director of its India unit has stepped down from his role to pursue another opportunity outside of the company

Randi Zuckerberg bats for more women to participate in Web3, crypto

Zuckerberg also toured several startup and venture capital offices and met many investors and founders in Bengaluru

Ajit Mohan steps down as Meta India head, may join social media firm Snap

Manish Chopra, director and head of partnerships at Meta India, will take over on an interim capacity

Paid Twitter blue ticks? A look at the origin of social media verification

Elon Musk on Tuesday announced that Twitter users would have to 'buy' their verification blue ticks for $8 per month

Twitter, Facebook, other social media cos will have to abide by local laws

The new amendments to IT rules impose a legal obligation on social media companies to take all out efforts to prevent barred content and misinformation, the government said on Saturday making it clear that platforms such as Twitter and Facebook operating in India will have to abide by local laws and constitutional rights of Indian users. The new rules provide for setting up appellate committees which can overrule decisions of the big tech firms on takedown or blocking requests. The hardening of stance against the big tech companies comes at a time when discontent has been brewing over alleged arbitrary acts of social media platforms on flagged content, or not responding fast enough to grievances. Amid concerns over the rising clout of Big Tech globally, the CEO of electric car maker Tesla Inc, Elon Musk, on Friday completed his USD 44-billion takeover of Twitter, placing the world's richest man at the helm of one of the most influential social media apps in the world. Incidentally,

Resist temptation of moving fast on sensitive stories: Editors Guild

The Editors Guild of India on Friday said it was "disturbed" by the recent turn of events with respect to reports published by news portal 'The Wire' on Meta and urged newsrooms to "resist the temptation of moving fast on sensitive stories". The statement comes after The Wire retracted a series of its investigative reports claiming Meta, the parent company of social media giants -- WhatsApp, Facebook and Instagram -- had accorded special privileges to BJP IT Cell chief Amit Malviya that enabled him to get posts removed from its platforms. The Guild also withdrew references it had made in its earlier statement to reports carried by The Wire on an app called Tek Fog after the news portal removed the said stories following "serious questions on the veracity of their reporting". "The Guild is also disturbed by the recent turn of events with respect to the reports published by the Wire on Meta. The Guild is conscious of and emphasises the need for extra care in investigative journalism,

Govt to set up social media grievance appellate committees within 3 months

The committees will be established with the aim of providing users of social media sites like Facebook and Twitter with an alternative dispute resolution method

Is it time to think of WhatsApp as a public service?

Recently, WhatsApp went down for two hours. But this longest-ever glitch in WhatsApp forced millions of us to introspect, and ask one question: Is it time to think of WhatsApp as a public service?

Meta's $677 billion rout boots it out of the world's top 20 stocks

Net profit cut in half, even as Zuckerberg seeks 'patience' from investors

Meta fined $24.7 mn for violations of campaign finance disclosure

A Washington state judge on Wednesday fined Facebook parent company Meta nearly $25 million for repeatedly and intentionally violating campaign finance disclosure law, in what is believed to be the largest campaign finance penalty in U.S. history. The penalty issued by King County Superior Court Judge Douglass North was the maximum allowed for more than 800 violations of Washington's Fair Campaign Practices Act, passed by voters in 1972 and later strengthened by the Legislature. Washington Attorney General Bob Ferguson argued that the maximum was appropriate considering his office previously sued Facebook in 2018 for violating the same law. Meta, based in Menlo Park, California, did not immediately respond to an email seeking comment. Washington's transparency law requires ad sellers such as Meta to keep and make public the names and addresses of those who buy political ads, the target of such ads, how the ads were paid for and the total number of views of each ad. Ad sellers must