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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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.”
Meta sacks 11,000 employees in one of biggest tech layoffs this year
This is the first and the largest layoff in the social media company’s history of 18 years. Meta has also decided to extend the hiring freeze through the first quarter.
RIL's JioMart to allow shopping via WhatsApp
JioMart launch is part of a strategic partnership between Meta and Jio Platforms; to enable customers to have an end-to-end shopping experience on WhatsApp
Meta COO Sheryl Sandberg resigns after 14 years
Javier Olivan has been named as the next COO of Facebook.
Facebook parent Meta reports first-ever drop in daily active users
Meta was also hit by privacy changes on Apple's operating system.
Facebook’s new game plan for India
Facebook earned its chops by connecting people. Its next big bets are on content creators and small businesses. And aiding it are Whatsapp and Instagram.
Why Covid-19 hasn’t hit Jio’s fundraising prospects
It is difficult for investors to find too many companies in which they can confidently invest at present. Jio is an exception since it offers exactly what a post-Covid world may need.
FACEBOOK AND JIO INK $5.7-BN DEAL
The mega deal will help RIL deleverage and expand its new commerce initiative, while giving Facebook, Instagram, and WhatsApp access to Jio’s 388 million users.
What’s in the stars for Facebook?
Facebook India under Ajit Mohan has two new bets for the future: social videos and social commerce. But it has got to tackle two things first: regulation and a rival named TikTok.
