Mark Zuckerberg
Meta is laying off 13% of its staff, or more than 11,000 employees, CEO Mark Zuckerberg said in a letter to employees Wednesday. “Today I’m sharing some of the most difficult changes we’ve made in Meta’s history,” Zuckerberg said in the letter. “I’ve decided to reduce the size of our team by about 13% and […]
For tech investors hoping Meta Platforms finds religion on cost cuts as they relate to heavy spending on virtual reality, now is not the time to bet on it. The company is cutting costs, including mass layoffs, and much of the market has been focused on the billions that Mark Zuckerberg is pouring into Reality […]
WhatsApp is the most popular app among Indian consumers. The little green messaging app has over 530 million users, compared to 410 million on Facebook and 210 million on Instagram, as per the government’s 2021 data. No surprises then that Mark Zuckerberg is betting big on WhatsApp’s business version, Business API, which could be the […]
Meta will provide former Chief Operating Officer Sheryl Sandberg with a security detail due to death threats. Sandberg is departing Meta after Friday, but she will remain on its board, according to Reuters. She served as a close ally of CEO Mark Zuckerberg during her 14-year tenure at the company, overseeing several policies that have […]
Mark Zuckerberg, Founder and CEO, Facebook Synopsis Meta has been focusing on monetisation after suffering a massive stock market crash in February this year that shaved USD230 billion off its market cap. Being the company’s biggest market by user numbers, India is at the centre of the morphing that Meta is undergoing In late 2014, […]
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