Page 7 - Facebook

Blocking free flow of data a burden on growth, innovation: Meta's Kaplan

Kaplan talks about free flow of data to age-appropriate content and more

Zuckerberg once asked Xi Jinping to name his child: Here's what happened

Zuckerberg asked Xi to name his baby. Xi declined. Now a former Facebook exec spills secrets in a memoir exposing power, loyalty, and chaos inside Meta

Best of BS Opinion: Policymaking must address real-life outcomes

Our editorials and columns today largely revolve around the role of policy decisions, both in government and the private sector, and how they affect the real world

E-commerce reshapes shopping, but are consumers at a disadvantage?

The new issue small businesses are facing is that platforms are becoming advertising media as well, competing with Google/YouTube and Meta

Elon Musk loses $148 bn in net worth: Why are billionaires losing money?

In December 2024, Elon Musk's fortune peaked at $486 billion. However, he is one among the many billionaires who are witnessing financial setbacks

Meta's AI chatbot could soon get a standalone app like Grok: Details here

Meta reportedly believes a standalone app could make Meta AI more accessible to users who are not active on its platforms like WhatsApp and Instagram

WhatsApp starts rolling out voice message transcripts in India: How to use

While Hindi is not officially listed as a supported language, the feature is generating text transcriptions for voice notes recorded in Hindi

Meta in talks to build $200 billion data centre for AI projects: Report

Meta's decision to invest heavily in data centres is a part of the larger trend where tech giants are announcing huge investments one by one in data centres, particularly to meet the future AI demand

Meta seeks engineering director in India to lead Bengaluru operations

The engineering director is expected to influence technical decision-making, drive prioritisation and execution, and manage outstanding engineers and engineering managers, as per the job description

Meta cuts down stock options for staff despite trading at record highs

In January, the Facebook parent said it would trim about 5 per cent of its "lowest performers" and plans to hire for the impacted roles this year

Meta platforms' record winning streak puts stock split in view for 1st time

A purely mathematical action, a split changes nothing about the underlying fundamentals of a company, but does lower the price per share

Instagram brings music stickers, text translation, more to DMs: What's new

Instagram users can also pin up to three messages, including text, images and shared posts or reels to the top of any 1:1 or group chat

Meta to build a 50,000 km undersea cable spanning five continents

The addition of Meta's undersea cable will make it the 18th project with a landing station in India

Meta to allow rival ads on Marketplace after EU antitrust penalty

Calling it the Facebook Marketplace Partner Progam, Meta said the scheme is a response to the EU competition watchdog even as it challenged the fine in court

Meta Platforms tweak accounting formula on AI servers to boost profit

By Meta's reckoning, the shift is expected to reduce the company's depreciation expense by $2.9 billion in 2025, which would, on its own, amount to almost 4% of estimated pre-tax profits for the year

I was nearly sentenced to death for blasphemy in Pakistan: Mark Zuckerberg

On the Joe Rogan Podcast, Meta CEO Mark Zuckerberg spoke on stricter content controls and the growing regulatory pressures on technology firms worldwide

Meta starts eliminating jobs in shift to find AI talent to dominate race

Meta workers who were let go were notified via email, and the company is offering US-based employees severance packages that include 16 weeks of salary, in addition two weeks for each year of service

Facebook owner Meta to carry out expected company-wide layoffs on Feb 10

Notices will go out to employees losing their jobs starting at 5 am local time Monday in most countries

Meta adds $235 bn of value in winning streak as investors cheer AI bets

The stock is up 1.1 per cent Tuesday. If the gains hold through end of the session, the owner of Facebook will have added more than $235 billion in market value during the streak

Mark Zuckerberg frustrated over internal leaks, Meta warns employees

To counter leaks, Meta has modified its internal Q&A format. Instead of taking direct questions, employees now submit questions in advance, and the most popular ones are addressed