Meta unveils new AI chip
This chip's architecture is fundamentally focused on providing the right balance of compute, memory bandwidth and memory capacity for serving ranking and recommendation models, says Meta.
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WhatsApp launches in-app payments via rival UPI apps, cards in India
WhatsApp users in India will now be able to shop using rival UPI apps like Google Pay, PhonePe and homegrown digital payments firm Paytm.
WhatsApp launches Channels in India
The Indian Cricket Team has also launched its WhatsApp Channel, as the country and Indians all over the world gear up for the ICC Men's Cricket World Cup 2023.
Elon Musk’s X to bear legal cost of people sacked for posting on platform
Musk, who calls himself a free speech absolutist, says there is no limit up to which the company will support the legal bill of persons treated unfairly
Threads reached 100 mn sign-ups in 5 days: Mark Zuckerberg
Analysts reportedly estimate that Threads can contribute a whopping $8 billion to Meta’s revenue in the next two years.
'Let's do this': Mark Zuckerberg launches Threads, Meta's answer to Twitter
Mark Zuckerberg says with Threads, the social media giant aims to take what Instagram does best and expand that to text
Meta initiates 3rd round of layoffs
Mark Zuckerberg-led Meta announced a three-part layoff round in March 2023 after firing around 11,000 employees in November last year
Meta's revenue up 3% YoY in Q1 of CY23
The company’s total cost and expenses surged 10% YoY to $21.42 billion during the period under review, as against $19.4 billion in the same period last year.
Meta layoffs round 2: Zuckerberg announces 10,000 more job cuts
Meta CEO Mark Zuckerberg calls it a “tough decision” with no way around that. Social media firm to also not fill 5,000 open vacancies.
Is metaverse a fad or here to stay?
Recently, a Meta shareholder termed the company’s mammoth investments into the Web3 technology largely defined by 3D immersive virtual worlds as “super sized and terrifying.”
