The FTC claims that Meta bought Instagram and WhatsApp to crush competition and establish an illegal monopoly in the social media market
Joel took to X to announce this significant decision, a topic that has been widely debated in recent months. His post stated that there would no longer be any new fact-checkers
The drop in wealth is the fourth-largest single-day drop in the 13-year history of the Bloomberg Billionaires Index and the most substantial decline since the peak of the Covid-19 pandemic
The head of Meta's artificial intelligence research division said she plans to step down, vacating a high-profile position at the parent company of Facebook and Instagram at a time of intense competition in the development of AI technology. Joelle Pineau, Meta's vice president for AI research, said Tuesday she is leaving at the end of May after eight years with the company. "Today, as the world undergoes significant change, as the race for AI accelerates, and as Meta prepares for its next chapter, it is time to create space for others to pursue the work," she wrote in a social media post. Meta didn't immediately respond to an emailed request for comment about the move. Pineau didn't announce a replacement. Based in Montreal, where she is also a computer science professor at McGill University, Pineau has been the face of Meta's open-source approach to building AI systems, such as its flagship large language model called Llama, in which core components are publicly released for other
The report noted that since the wealth cut-off date of January 15, 2025, Elon Musk's fortune has declined by nearly $100 billion
Kaplan talks about free flow of data to age-appropriate content and more
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
In December 2024, Elon Musk's fortune peaked at $486 billion. However, he is one among the many billionaires who are witnessing financial setbacks
Mark Zuckerberg surprised wife Priscilla Chan on her 40th birthday by recreating Benson Boone's Grammy moment, swapping his tux for the singer's iconic blue jumpsuit in a viral stunt
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
The announcement to raise bonuses comes just a week after Meta began laying off 5 per cent of its workforce, a move the company attributed to targeting underperforming employees
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
Says over 4 million entities have used at least one of the firm's GenAI offers
Zuckerberg met with senators one day after his personal charity announced it was ending diversity, equity and inclusion programmes
The addition of Meta's undersea cable will make it the 18th project with a landing station in India
On the Joe Rogan Podcast, Meta CEO Mark Zuckerberg spoke on stricter content controls and the growing regulatory pressures on technology firms worldwide
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
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
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
Meta shares were flat after the market closed but rose as CEO Mark Zuckerberg spoke optimistically about Meta's AI initiatives and the company's conviction that open source AI is the right strategy