And that's weighing on the companies’ stock prices. Google and Microsoft are down 2.7% and $3.3% year-to-date, respectively, while Tesla is off 17%. Apple's stock has declined 6%. Amazon is up 4.4% ...
The Meta CEO gave a shoutout to the reality TV star and her mother, and his followers were not sure what to make of it.
Meta is starting to notify workers impacted by its performance-based job cuts. BI spoke to employees leading up to the cuts.
Some affected employees are challenging the company's assertion that the cuts solely targeted low performers, claiming they ...
The social media giant has said it's taking a tougher stance on underperforming employees.
Anger is brewing after, following in the steps of the Department of Government Efficiency (DOGE), Meta CEO Mark Zuckerberg announced the layoffs Monday of 3,600 “low performing” employees. News that ...
The social media giant's ambitious restructuring plan will affects 5% of Meta's global workforce amid industry-wide changes ...
Advertising makes up nearly all of Meta's revenue, and that's been the case for its entire history. In 2024, Meta generated ...
Meta gained 17% in 16 days, the longest winning streak for a Nasdaq 100 firm since 1990. Investors have cheered its AI plans ...
Mark Zuckerberg revealed on the Joe Rogan Podcast that he was “almost sentenced to death for blasphemy in Pakistan".
From Ford CEO Jim Farley criticizing Trump’s tariffs, to CATL eyeing Hong Kong’s largest stock offering in four years, here’s ...
As per Meta, Civilization VII features a “board game-like layout” that can be projected into your real-world setting using Quest’s passthrough cameras or experienced within a virtual museum setting.