Meta stands to be one of the largest beneficiaries of a TikTok ban in the US, analysts say. Through ad dollars alone, Meta could rake in up to $3.38B.
The decision to retreat from its attempts to stem a rising tide may not pay off for the business, and it could spell bad news for the stock.
After Meta and CEO Mark Zuckerberg announced changes that shifted the company and its policies to the right, some users are fleeing the company’s platforms.
According to an internal memo, Meta plans to cut 5% of its workforce in February. What's ahead for the parent of Facebook - and its employees?
Facebook and Instagram owner Meta Platforms assured advertisers this week that its “Community Notes,” which will let users crowdsource annotations on posts that they believe are false or need context,
Meta confirms Axios report that the company is is axing its diversity, equity and inclusion efforts, including for hiring and training.
I cannot in good conscience serve as their lawyer any longer,’ intellectual property attorney Mark Lemley writes
Mark Zuckerberg said content moderation teams in California will relocate to Texas to help reduce bias. In practice, employees aren’t expecting many forced relocations.
Facebook parent Meta's "Community Notes", similar to that used on Elon Musk-owned social media platform X, will not apply to paid ads when they arrive later this year, a person familiar with the matter told Reuters on Thursday.
Bloomberg reviewed the internal memo explaining the cuts, which was posted to Meta's internal Workplace forum Tuesday. In it, Zuckerberg confirmed that Meta was shifting its strategy to "move out low performers faster" so that Meta can hire new talent to fill those vacancies this year.
One writer says that Mark Zuckerberg's decision to abandon efforts to stem misinformation on Meta's platforms is a mercenary ploy to curry favor with the incoming Trump administration.