Meta CEO – pressnews

AI, swords, headsets and Indian wedding for Mark Zuckerberg’s Asia tour

26Feb

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Technology

AI, swords, headsets and Indian wedding for Mark Zuckerberg’s Asia tour

[ad_1] Meta chief Mark Zuckerberg was in Japan on Monday on a mini-Asia tour involving sword-making, mixed-reality headsets in Seoul and reportedly also lavish pre-wedding celebrations for an Indian multi-billionaire's son. Zuckerberg posted footage on Sunday on social media of a "special afternoon learning about making katanas" with a sword master, including of him hammering molten metal and swinging a blade.The 39-year-old had been skiing in Japan with his family and was due to meet with Facebook developers in Tokyo on Monday and Tuesday, Bloomberg News reported. Zuckerberg was then expected to travel to South Korea where he is lining up meetings with President Yoon Suk Yeol and leaders of tech titans Samsung and LG, according to South Korean media. "Mark is planning a brief visit to ...

Facebook cofounder Mark Zuckerberg’s long apology tour: A brief history

1Feb

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Facebook cofounder Mark Zuckerberg’s long apology tour: A brief history

[ad_1] When Mark Zuckerberg turned at a Senate hearing to address the parents of children exploited, bullied or driven to self harm via social media, it felt like a time-worn convention had sprung back to life.“I'm sorry for everything you've been through,” the Meta CEO said Wednesday. “No one should go through what you and your families have suffered.” Then he returned to corporate mode, noting Meta's continued investments in “industry-wide” efforts to protect children. Zuckerberg has accumulated a long history of public apologies, often issued in the wake of crisis or when Facebook users rose up against unannounced — and frequently unappreciated- changes in its service. It's a history that stands in sharp contrast to most of his peers in technology, who generally prefer not to speak p...

Meta Chief Mark Zuckerberg undergoes surgery for martial arts knee injury

4Nov

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Meta Chief Mark Zuckerberg undergoes surgery for martial arts knee injury

[ad_1] Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg underwent surgery to repair a torn knee ligament sustained during a mixed martial arts session, he said Friday in a post on Instagram. “Tore my ACL sparring and just got out of surgery to replace it,” Zuckerberg wrote in the caption of a post with a series of photos showing him in a hospital bed, his knee bandaged and in a brace. The CEO, 39, said he plans to continue his training for “a competitive MMA fight early next year.” We are now on WhatsApp. Click to join. The founder of Facebook, the social-media company that was renamed Meta, is known for setting the overall strategy for the business and getting deeply involved in efforts like artificial intelligence, virtual reality and the metaverse. Zuckerberg took up MMA...

14Feb

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Technology

Meta business chief to depart

[ad_1] Meta Platforms said on Monday Chief Business Officer Marne Levine was leaving the owner of Facebook after a 13-year stint. Fifty-two-year-old Levine, appointed as the company's first chief business officer in 2021, has served in various other executive positions at the social media company, including chief operating officer of Instagram. The company said it expanded Nicola Mendelsohn's role as head of global business group and named Justin Osofsky as head of online sales, operations and partnerships, in the wake of Levine's imminent departure. Mendelsohn will handle the company's relationships with top marketers and agencies for all of its apps, while Osofsky will be leading sales and operations focused on growing small- and medium-sized businesses on Meta's platforms. T...

Surprise! Facebook Parent Meta Layoffs Seen Saving Only a Small Fraction of Losses

11Nov

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Surprise! Facebook Parent Meta Layoffs Seen Saving Only a Small Fraction of Losses

[ad_1] Meta Platforms Inc.’s first major layoffs won’t be nearly enough to get the company back to being as profitable as it was just two years ago, according to analysts. Meta Platforms Inc.'s first major job cuts won't be nearly enough to get the company back to being as profitable as it was just two years ago, according to analysts. Meta laid off 11,000 workers on Wednesday. Chief Executive Officer Mark Zuckerberg said he bore responsibility for growing the company too quickly, on a failed bet that the increase in social media activity and online shopping during the pandemic would cometa jobntinue. “I got this wrong,” he said. But at the end of a difficult day for thousands of employees, the company -- parent to social media giants Facebook, Instagram and WhatsApp -- is still ...

Sad Indian stories of Meta layoffs: Shockingly, these techies sacked 3 days after joining

11Nov

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Technology

Sad Indian stories of Meta layoffs: Shockingly, these techies sacked 3 days after joining

[ad_1] Indian techies lost their job at Meta within 2-3 days of joining. Here is what they say. After Twitter laid off 50 percent of its employees, Meta layoffs have led to the sacking of more than 11000 employees on Thursday. The employees who have been laid off also include some Indian techies. One of the Indian techies who lost the job is IT professional, Neelima Agarwal. Neelima lost the job just after joining Meta two days back. She posted about the same on social media platform Linkedin. "Relocated to Canada from India just a week back and joined meta 2 days ago after going through such a long visa process. But the unfortunate sad day has come and i got laid off," she said. According to Neelima's LinkedIn profile, she had left her two-year old job at Microsoft Office in Hyder...

Facebook Parent Meta LayOffs Set To Start, WSJ Says

7Nov

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Technology

Facebook Parent Meta LayOffs Set To Start, WSJ Says

[ad_1] Facebook parent Meta Platforms is planning to begin layoffs that will affect thousands of workers from this week, Wall Street Journal reported. Facebook parent Meta Platforms Inc. is planning to begin layoffs that will affect thousands of workers from this week, Wall Street Journal reported, citing people with knowledge of the matter. The job cuts could come as early as Wednesday, the newspaper said. The company has already told employees to cancel non-essential travel from this week, according to the report. Chief Executive Officer Mark Zuckerberg in September outlined plans to reorganize teams and reduce headcount for the first time, following a sharp slowdown in growth at the parent of Facebook and Instagram. Zuckerberg said then that Meta will likely be smaller in 2023...

Meta to Cut Headcount for First Time, Slash Budgets Across Teams

30Sep

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Technology

Meta to Cut Headcount for First Time, Slash Budgets Across Teams

[ad_1] Mark Zuckerberg says social giant will end 2023 as a “somewhat smaller” organization Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg outlined sweeping plans to reorganize teams and reduce headcount for the first time ever, calling an end to an era of rapid growth at the social media giant. In what would be the first major budget cut since the founding of Facebook in 2004, Zuckerberg said the company will freeze hiring and restructure some teams to trim expenses and realign priorities. Meta will likely be smaller in 2023 than it was this year, he said He announced the freeze during a weekly Q&A session with employees, according to a person in attendance. He added that the company would reduce budget...