Facebook parent Meta plans new layoffs: Report

Mar 11, 2023

The first job losses are expected to be announced next week, with non-engineering roles expected to be hit hard, The Wall Street Journal reported...

Israel fines Meta/Facebook millions over 'monopolistic' practices

Jan 11, 2024

Meta also agreed to report in the future to the Competition Authority about merger transactions to which it is a party.

Meta CEO Mark Zuckerberg confirms laying off employees today: Report

Nov 09, 2022

Zuckerberg appeared downcast in Tuesday's meeting and said he was accountable for the company's missteps. His over-optimism about growth had led to overstaffing.

Meta in talks to reboot China business with VR headsets: Report

Feb 22, 2023

Tencent, China's biggest videogame company, has proposed to Meta that it become the exclusive seller of Meta's Quest 2 headsets in China, people familiar...

Russia bans Instagram, Facebook under 'extremism' law

Mar 21, 2022

Moscow [Russia], March 22 : A Russian court on Monday ruled to ban Instagram and Facebook in the country, labelling its parent company Meta...

Meta to pay USD 725mn to settle lawsuit over Cambridge Analytica case: Report

Dec 23, 2022

The lawsuit was filed in 2018 after Facebook disclosed that it had harvested the information of around 87 million users and shared it with...