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
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Meta fined 1.2 billion euros by EU for 'data breach'
Meta said that the company is "disappointed to be singled out when using the same legal mechanism as thousands of other companies looking to provide services in Europe."
WhatsApp users can now edit texts up to 15 mins after sending
To edit texts on WhatsApp, users will need to long-press on a sent message and choose 'edit' from the menu for up to 15 minutes after.
Spam calls row: WhatsApp to remove numbers flagged ‘fraudulent’, says govt
Union minister Ashwini Vaishnaw says such mobile numbers, registered using fake documents, could be used for cybercrime; asks other companies to follow suit
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.
Meta winds down NFT on Facebook, Instagram
Meta introduced its own digital collectibles on Instagram in May last year to support creators across the social media platform.
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.
‘My first job’: Indian-origin man loses job after 21 yrs at Microsoft
IT cos are on a churning spree amid a weak outlook. Big tech firms like Microsoft, Google, Amazon, Meta have laid off thousands of employees in recent months.
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.
