The job cuts amount to about 13 per cent of its workforce, Meta boss Mark Zuckerberg said.
Browsing: Mark Zuckerberg
The founder of Meta, Mark Zuckerber, said: “We’ll keep building new ways to protect your messages and keep them as private and secure as face-to-face conversations.”
The Facebook founder’s personal net worth dropped approximately $29.7 billion on Thursday, according to Forbes’ real-time calculations.
This rebranding is coming amid series of scrutiny and widespread backlash over its business practices.
According to Sheera Frenkel and Cecilia Kang, authors of An Ugly Truth, a scathing tell-all on Zuckerberg and his second-in-command, Sheryl Sandberg, the Facebook founder has been troubled for years by three deadly fears: the prospect of hackers breaching the site, his employees being harmed, and the breakup of his empire.
The drastic reduction in his net worth was largely due to a revelation by a whistleblower and also outages that affected Facebook Inc’s flagship products.
According to Zuckerberg, the free products will enable creators to make more money, adding that the offer will be available till 2023.
Online platforms and social media companies are distancing themselves from, and taking action against, those who encouraged or engaged in last week’s deadly violence on the US Capitol by the president’s supporters.
Zuckerberg said this in a post on Facebook while reacting to the violence perpetrated at the Capitol by Trump supporters who wanted to stop the US Congress from certifying the election which Joe Biden won.
The company will review how it handles threats of state use of force and posts that could influence voter participation, the social network’s chief executive said in a post on Facebook.
The reports, citing unnamed White House officials, came a day after microblogging site, Twitter, tagged Trump’s tweets on mail-in voting as misleading
Zuckerberg expects that in 10 years, about half of the social network company’s employees will be working remotely, he said in an interview with technology news site, The Verge.
Facebook Chief Executive, Mark Zuckerberg, said harmful online content should be regulated, adding that his company should be treated with a framework in between those used for existing media and telecoms companies.
Facebook Inc on Tuesday unveiled a redesigned app and rolled out its dating feature to 14 more countries as it tries to boost user-engagement on its social network.
Portraitures of popular Nigerian music act Davido, Facebook creator Mark Zuckerberg and female Nigerian artist Nike Okundaye, topped the list of works on display at the ” O’Sagacity art exhibition underway at the National Museum, Lagos.
Kylie Jenner is officially the youngest self-made billionaire of all time, snatching the title from Facebook founder Mark Zuckerberg.
Chief Executive Officer, Mark Zuckerberg, is planning to unify the underlying messaging infrastructure of its WhatsApp, Instagram and Facebook Messenger services and incorporate end-to-end encryption to these apps, the media reports.
Facebook chief executive, Mark Zuckerberg, has said he intends to remain head of the social media giant he founded in spite of calls for changes in management, local media reported on Wednesday.
The company reported weaker-than-expected second-quarter results and issued guidance that its financial future is not as rosy as some investors thought it might be.
The youngest Jenner, who is on the cover of the August edition of the American business magazine, is on the ‘America’s Richest Self-Made Women’ list.