Tag: Meta

FTC Sues to Block Meta From Purchasing VR Company Within
The Federal Trade Commission is moving to block Meta from purchasing VR company Within, calling it an "illegal acquisition."...
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Meta Executive: Poor-Performing Employees ‘Are Failing This Company’
Meta appears to be cracking down on poor-performing employees, with a senior executive telling managers to “move to exit” such employees....
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Meta’s No Language Left Behind AI Model Can Translate 200 Languages
Meta CEO Mark Zuckerberg announced the company’s latest AI model, a project called No Language Left Behind (NLLB), and it can translate 200 languages in re...
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Mark Zuckerberg: We’re Facing ‘One of the Worst Downturns That We’ve Seen’
Meta CEO Mark Zuckerberg is joining the chorus of business leaders warning of a major recession on the horizon....
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More Than Three Dozen Companies Form the Metaverse Standards Forum
Microsoft, Meta, Nvidia, Qualcomm, Kronos, and 33 other companies have formed the Metaverse Standards Forum to help build an open metaverse....
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End of an Era as Meta’s Sheryl Sandberg Resigns as COO
After serving as chief operating officer for 14 years, Meta's Sheryl Sandberg is stepping down to focus on her "foundation and philanthropic work."...
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J.P. Morgan: Meta Will Tap Broadcom For Its Metaverse Hardware
Broadcom is reportedly on the verge of receiving a maj...
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Senators Introduce Bill to Break Up Google and Meta
A bipartisan group of senators is taking aim at Google and Meta, introducing a bill that would break up the companies'...
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Meta Scaling Back Hardware Projects
Meta has informed employees it wi...
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Facebook Killing Off Its Podcast Business
Facebook has announced it is killing off its podcast service, barely a year after getting into the business....
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Meta Investigating Sandberg For Allegedly Using Company Resources to Help Activision’s CEO
Sheryl Sandberg has been a staple at Facebook and Meta for years, but the executive is now accused of improperly using company resources to help Activision...
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Apple Calls Out ‘Meta’s Hypocrisy’ Over High Content Creator Fees
Apple is calling out "Meta's hypocrisy" after the latter announced it would charge a 47.5% commission for creating content in the metaverse....
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Facebook Locking Users Out and Giving Them No Recourse
Facebook users are reportedly being wrongly locked out of their accounts for 'not following Community Standards,' and have no recourse....
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EU Prepares to Crack Down on Big Tech, Unveils Sweeping Measures
The European Union has unveiled sweeping measures to crack down on Big Tech and increase competition across the industry....
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Australia Sues Meta Over Fake Celebrity Endorsement Ads
The Australian Competition and Consumer Commission (ACCC) is suing Meta over scam ads on Facebook featuring fake celebrity endorsements....
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