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Zuckerberg said the company is taking steps to become a leaner and efficient by cutting discretionary spending & extending its hiring freeze through Q1
Business

Mark Zuckerberg sacks over 11,000 employees, hiring freeze extended at Meta...

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Meta lays off over 11,000 employees in biggest tech layoff in 2022 On Wednesday Meta Founder and CEO Mark Zuckerberg sacked more than 11,000 employees...
Facebook-parent Meta will become the latest tech firm to scale back its workforce, with plans to lay off thousands of employees this week, Wall Street Journal reported
Business

After Twitter now, Meta plans to lay off ‘thousands’ of employees...

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The large-scale job cuts, to begin from Wednesday, could affect thousands of workers After the micro-blogging giant Twitter did a mass layoff, the Mark Zuckerberg-led...
Meta India reported total profit before tax in FY22 at Rs.440 crore, growing 116 percent YoY, while its profit after tax grew 132 percent YoY to Rs.297 crore, as per RoC data
Business

Meta surpasses the $2 billion revenue mark in India

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Meta's filings with RoC it has registered gross ad revenue growth of 74% (YoY) Meta Platforms, which owns Facebook, WhatsApp, and Instagram, surpassed $2 billion...
With drops in growth and revenue, Meta is responding with a hiring freeze and layoff across the company
Business

Meta freezes hirings, more layoffs on cards, says Mark Zuckerberg to...

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Mark Zuckerberg expands the hiring freeze across departments and verticals Meta Founder and CEO Mark Zuckerberg have made it clear that the social network is...
In a big setback for Meta platforms, the Delhi HC has directed the CCI to probe WhatsApp LLC and Facebook Inc
Law and Order

Delhi High Court dismisses appeals of WhatsApp, Facebook against CCI probe

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Big setback for WhatsApp, Facebook in India The Delhi High Court on Thursday dismissed the appeals of WhatsApp and Facebook against an order rejecting their...
Meta updates give us no new rights to people’s data and our goal is to be clearer and more transparent by adding more details and examples of our data practices, the company said
Services

Meta redesigns privacy policy, to come into effect from 26th July

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Meta announces new privacy policy for Facebook, Instagram, Messenger Meta (formerly Facebook) is updating its privacy policy and the company has begun notifying users of...
With the new v40 software update, Meta is testing optional E2EE for Messenger's one-on-one messages and calls in VR
Technology

Meta begins testing end-to-end encryption for Quest’s virtual reality Messenger app

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New Meta Quest software update adds app unlock, audio accessibility options, and more Meta (formerly Facebook) has announced that it is now testing end-to-end encryption...
The Italian PM's office did not issue a statement about the Draghi-Zuckerberg meeting, though an official confirmed that the meeting took place
Business

Facebook founder Mark Zuckerberg discusses collaboration with Italy PM Mario Draghi

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Govts and companies should play role in giving life to "metaverse": Mark Zuckerberg Mark Zuckerberg, the founder of Facebook met the Italian Prime Minister Mario...
WhatsApp said that it also received 597 grievance reports in the same month from the country, and the accounts
Laws

Meta-owned WhatsApp bans over 18 lakh bad accounts in India during...

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WhatsApp publishes its monthly compliance report for the month of March Meta-owned WhatsApp on Monday said that it banned over 18 lakh bad accounts in...
Facebook's latest update comes after several days of crackdowns on Russian state media from major tech companies
Business

Facebook, Instagram to demote posts from Russian state media across its...

PGurus Newsdesk - 0
Facebook to add more labels to Russian state media posts Meta-owned Facebook has announced that it will demote all Russian state media across Facebook and...
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