Meta shuts down Connectivity division; plans to split segment across teams \
2 min read
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Meta shuts down Connectivity division; plans to split segment across teams

13-Dec-2022
Nearly ten years after beginning the project, Meta apparently closed its Connectivity division. According to The Verge, the corporation will now divide the division between its infrastructure and central products teams. In order for customers to access the company’s social networks, Meta Connectivity (previously Facebook Connectivity) was launched in 2013 with the goal of increasing […]
13-Dec-2022 Business
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Watch video: Meta CEO Mark Zuckerberg addresses employees after axing them \
3 min read
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Watch video: Meta CEO Mark Zuckerberg addresses employees after axing them

11-Nov-2022
As a cost-cutting measure, CEO Mark Zuckerberg laid off up to 11,000 Meta-owned employees. The business stated that the downsizing decision was made as a result of a “macroeconomic slowdown, greater competition, and advertisements signaling loss” in a blog post,  titled “Mark Zuckerberg’s letter to Meta employees.” “I take full responsibility for this decision,” Zuckerberg said  […]
11-Nov-2022 Business
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Facebook parent company Meta fires 11,000 employees in one of biggest US layoffs this year \
3 min read
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Facebook parent company Meta fires 11,000 employees in one of biggest US layoffs this year

09-Nov-2022
CEO of Meta Platforms Inc. Mark Zuckerberg announced that the company will eliminate more than 11,000 positions in the first significant round of layoffs in the history of the social media behemoth. The cuts, which account for around 13% of the workforce, were announced in a statement on Wednesday. Additionally, the corporation will continue its […]
09-Nov-2022 Business
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Facebook Parent Meta Prepares For Large-Scale Layoffs This Week \
4 min read
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Facebook Parent Meta Prepares For Large-Scale Layoffs This Week

07-Nov-2022
Meta
Facebook parent Meta is preparing for large-scale layoffs this week which is expected to affect many thousands of its workforce California:  Facebook parent Meta is preparing for large-scale layoffs this week which is expected to affect many thousands of its workforce. In a recent spate of tech job cuts after... The post appeared first on .
07-Nov-2022 International
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Facebook Parent Meta Prepares For Large-Scale Layoffs This Week \
4 min read
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Facebook Parent Meta Prepares For Large-Scale Layoffs This Week

07-Nov-2022
Meta
Facebook parent Meta is preparing for large-scale layoffs this week which is expected to affect many thousands of its workforce California:  Facebook parent Meta is preparing for large-scale layoffs this week which is expected to affect many thousands of its workforce. In a recent spate of tech job cuts after... The post appeared first on .
07-Nov-2022 International
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Elon Musk’s ex-girlfriend takes potshot at Mark Zuckerberg’s credentials to run Metaverse \
2 min read
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Elon Musk’s ex-girlfriend takes potshot at Mark Zuckerberg’s credentials to run Metaverse

27-Aug-2022
Washington [US], August 27 (ANI): Seems like Canadian singer-songwriter and record producer Grimes is not convinced if Mark Zuckerberg is qualified enough to run the Metaverse.
27-Aug-2022 Entertainment
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Meta faces historic drop as stock tanks by 26% \
6 min read
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Meta faces historic drop as stock tanks by 26%

04-Feb-2022
Wall Street is apprehensive because Meta is putting a lot of virtual eggs, stocks — and billions of dollars — into the metaverse basket. The corporation formerly known as Facebook revealed a rare profit decline on Thursday. Thus, owing to a significant increase in spending, weak ad revenue growth, competition from TikTok, and fewer daily […]
04-Feb-2022 Business
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Instagram disabled woman’s @metaverse handle 5 days after Facebook rebranding \
3 min read
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Instagram disabled woman’s @metaverse handle 5 days after Facebook rebranding

14-Dec-2021
Facebook forgets to secure the Metaverse Instagram username. So now, instead of purchasing it from the owner, the company inexplicably clenched the permit to it for a short duration. Altering the parent company’s name from Facebook to Meta was rather surprising in and of itself, but it was met with skepticism. Several saw the move […]
14-Dec-2021 Technology
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