The number of layoffs in India could not be confirmed
The worst lay-off in the global tech industry by Meta, that saw 11,000 employees being shown the door, has hit India teams too, albeit marginally, reliable sources said on Wednesday.
In October this year, Facebook was unavailable to roughly 3.5 billion users in the world for six hours
Meta CEO Zuckerberg says post-Covid scenario didn't meet expectations
Focused approach to media targeting, using third-party verification tools among measures advertisers are adopting
The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise
Employees who lose their jobs would be provided at least four months of salary as a severance, according to some reports
The cuts are expected to affect about 10% of the company, which employed more than 87,000 as of Sept. 30, according to Insider.
Remember when Facebook was celebrated as an agent of global harmony? Now known as Meta Platforms Inc., it is widely reviled as a poisoner of democracy
The global tech giant is struggling, but its India unit is performing rather well
Will be first broad headcount reduction in the tech giant's 18-year history
From Facebook parent Meta's large scale layoffs to Musk's threat to Twitter account impersonators, catch all the live updates from across the globe here
"If it was not for the Iranian supply of weapons to the aggressor, we would be closer to peace now," Zelensky said Sunday evening in his daily address
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In 2021, the two companies earned Rs 23,212 crore through online ads. It rose to Rs 41,115 crore in 2021-22
Meta Platforms announced that Ajit Mohan, Vice President and Managing Director of its India unit has stepped down from his role to pursue another opportunity outside of the company
Zuckerberg also toured several startup and venture capital offices and met many investors and founders in Bengaluru
Manish Chopra, director and head of partnerships at Meta India, will take over on an interim capacity
Elon Musk on Tuesday announced that Twitter users would have to 'buy' their verification blue ticks for $8 per month
The new amendments to IT rules impose a legal obligation on social media companies to take all out efforts to prevent barred content and misinformation, the government said on Saturday making it clear that platforms such as Twitter and Facebook operating in India will have to abide by local laws and constitutional rights of Indian users. The new rules provide for setting up appellate committees which can overrule decisions of the big tech firms on takedown or blocking requests. The hardening of stance against the big tech companies comes at a time when discontent has been brewing over alleged arbitrary acts of social media platforms on flagged content, or not responding fast enough to grievances. Amid concerns over the rising clout of Big Tech globally, the CEO of electric car maker Tesla Inc, Elon Musk, on Friday completed his USD 44-billion takeover of Twitter, placing the world's richest man at the helm of one of the most influential social media apps in the world. Incidentally,