Tuesday, February 7, 2023
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Tag: META

Treading the path of US tech firms? Goldman Sachs goes for job cuts  

With the big tech companies already going for job cuts, it is banking sector’s turn now as Goldman Sachs will begin cutting up to...

Job cuts in US tech industry: Is it a warning sign for overall economy?

With the top US tech companies opting for large-scale job cuts, the question is raised whether it becomes wider problem for overall economy given...

Apple and Amazon lost $800 billion in market cap in 2022

Apple and Amazon lost a ‘staggering’ $800 billion in market cap in 2022, says CNBC, ending the nightmare year for the two giants. Sometimes a...

Cambridge Analytica: Meta to pay $725m for settling class action lawsuit

In a major development in the Cambridge Analytica saga, Facebook parent Meta agreed to pay $725 million to settle a class action lawsuit. The legal...

Won’t share bucks: Meta warns of removing news content from Facebook

Meta has threatened to remove news content from Facebook in the US over a proposed law that would give news organisations greater power to...

Meta denies rumours about Zuckerberg’s resignation as CEO next year

As social media was gripped by rumours that Mark Zuckerberg plans to resign as CEO of Meta in 2023, the social media platform’s spokesperson...

Meta’s profit falls as Facebook says it’s losing 1m users daily

Facebook's parent firm Meta has delivered a gloomy mix of a sharper-than-expected drop in profit, a decrease in users and threats to its ad...

Facebook rebrands itself as META

As part of the social media giant’s rebranding, Facebook has changed its corporate name to Meta. Facebook explained that the new name will allow the...

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