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.
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Meta launches 'Meta Verified' for Facebook, Instagram; Check out price, features here
If launched in India, Meta Verified will cost ₹991.57 per month for web, and ₹1,239.67 per month for iOS users.
Microsoft plans to lay off thousands of employees: Report
In October 2022, Microsoft fired as many as 1,000 employees or 1% of its workforce. This time, it could lay off around 5% of employees.
India only behind US in user data requests: Meta
Meta said that content inciting violence across all its platforms witnessed a decline from 19.3 million to 14.4 million in Q3 of 2022.
Meet Sandhya Devanathan, Meta's new India head
Sandhya Devanathan will transition to her new role on January 1, 2023 and will report to Dan Neary, vice president, Meta APAC
Meta Q3 revenue falls 4% to $27.71 bn; profit dips 52%
Meta earned $4.4 billion in the quarter ended September 30, 2022, down 52% from $9.19 billion.
BigTechs pose risk of stifling competition: RBI
BigTech firms pose a serious barrier in terms of creating a level playing field to promote innovation in the fintech space, says RBI.
SC rejects WhatsApp-Meta pleas against CCI probe into privacy policy
The apex court has said that CCI is an independent body and has the necessary jurisdiction to conduct the investigation while asking the antitrust watchdog to conduct the probe at the earliest.
Meta identifies over 400 malicious apps targeting FB users’ data
When a person installs the malicious app, it may ask them to “Login With Facebook” before they are able to use its promised features.
Google collects most data points among top 5 global tech firms
Of the top five major digital firms -- Google, Twitter, Apple, Amazon, and Meta (earlier Facebook) -- Google collects the highest points i.e. 39 on each user, shows an analysis
