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It’s chaos over there. Metamates Less than a year after Facebook rebranded as Meta and launched its Metaverse efforts, the head of its virtual reality platform is leaving the company for greener pastures. Vivek Sharma, who until this weekend headed up Meta’s Horizon VR platform as a vice president at the tech giant, confirmed to Reuters […]
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Attorney General Bob Ferguson announced Friday that a judge ruled that Facebook parent company Meta intentionally violated the state’s campaign finance transparency law. The law requires campaign advertisers, as well as entities that host ads such as Meta, to make information about the ads that run on their platforms available for the public to see […]
Meta (FB), Facebook’s parent company, reported revenue of $28.8 billion for the three months ending in June, a 1% drop from the prior-year quarter and its first year-over-year revenue decline since going public in 2012. The company’s profit fell far more sharply. Net income during the quarter declined 36% year-over-year to nearly $6.7 billion, a […]
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Meta Platforms, Amazon and Apple were noticeably absent from Comparably’s annual ranking of the global companies with the best culture after topping the list last year. The companies each made the top 15 last year — Meta at No. 7, Amazon at No. 13, and Apple at No. 14 — but were not included in […]
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