Mark Zuckerberg

In a bid to cut costs, Meta looking to trim employee bonus payouts

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

New Whatsapp app allows group calls to up to 32 people from your desktop

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

WhatsApp's new update gives admins more control over who can join group

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

WhatsApp introduces new features for groups, gives more control to admins

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

Meta starts next round of layoffs with 1,500 jobs in recruiting, HR: Report

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

Engineers who joined in-person perform better than remote workers: Meta CEO

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

Zuckerberg was warned on social media addiction, says court filing

"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."

Meta Platforms planning to lay off thousands more as early as this week

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 launches new feature, users can create FB Reels of up to 90 seconds

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

Keep teens out of your metaverse dream: US Senators tell Mark Zuckerberg

"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

Meta creating top-level product team to build AI tools: Mark Zuckerberg

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

Meta boosts spending on Zuckerberg's security despite 'Year of Efficiency'

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

Meta introduces new comment moderation tools for creators on Facebook

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

Meta's new headset to feature better mixed reality technology: Zuckerberg

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 layoffs, Meta CEO Zuckerberg wants 2023 to be 'year of efficiency'

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

Meta surprises analysts with good results, $40 billion stock buyback

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

CEO Mark Zuckerberg now puts Meta's middle managers on notice: Report

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

Meta makes virtual reality headset Quest 2's GPU more powerful by 7%

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

Mark Zuckerberg takes witness stand in FTC case against startup acquisition

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 Reality Labs puts 'about half' of operating expenses into AR

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