mark zuckerberg

Meta Reportedly Preparing to Lay Off Thousands

Meta Reportedly Preparing to Lay Off Thousands
Meta Reportedly Preparing to Lay Off Thousands
November 06, 2022  |  Meta

Facebook owner Meta is reportedly set to begin massive layoffs this week, a first at that scale in the company’s history and the latest in...

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Zuckerberg Doubles-Down on Costly Metaverse Bet as Stock Slumps to 7-Year Low
Zuckerberg Doubles-Down on Costly Metaverse Bet as Stock Slumps to 7-Year Low
October 26, 2022  |  Meta

Another quarter, another huge earnings miss, another massive profit slide, and another nearly 20% drop in Meta’s share price. Get the Full Story Complete the...

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Meta Cuts Budgets, Employees Alongside Hiring Freeze
Meta Cuts Budgets, Employees Alongside Hiring Freeze
September 29, 2022  |  Meta

Meta CEO Mark Zuckerberg has plans to cut down on headcount for the first time, which will see an end to “rapid growth” for the...

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Meta Metaverse Weekly: In Horizon Worlds, Emperor Has No Legs
Meta Metaverse Weekly: In Horizon Worlds, Emperor Has No Legs
August 18, 2022  |  Meta

If you thought analysts and investors have been cruel to Mark Zuckerberg’s metaverse dreams, wait till you see what the Twitterverse has been saying about...

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Meta Metaverse Weekly: Are Mark Zuckerberg’s Ambitions Missing the Mark?
Meta Metaverse Weekly: Are Mark Zuckerberg’s Ambitions Missing the Mark?
August 04, 2022  |  Metaverse

With his metaverse dreams some seven to 10 years off, Meta CEO Mark Zuckerberg had to know that shareholders were in for a long, bumpy...

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Virtual Reality Hits Economic Reality as Meta Posts First-Ever Sales Decline
Virtual Reality Hits Economic Reality as Meta Posts First-Ever Sales Decline
July 27, 2022  |  Earnings

Just nine months into its new life as Meta Platforms and the social media giant’s money-losing pivot to the metaverse and augmented reality has slammed...

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Meta Clamps Down as Zuckerberg Tells Team to do More With Less
Meta Clamps Down as Zuckerberg Tells Team to do More With Less
July 01, 2022  |  Meta

Meta told employees to brace for changing economic tides as it reduces hiring outlooks for engineers and leaves other positions unfilled, according to multiple media...

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Zuckerberg Shows off Meta’s VR Progress
Zuckerberg Shows off Meta’s VR Progress
June 21, 2022  |  Metaverse

Meta Chief Executive Mark Zuckerberg Monday (June 20) offered a high-level overview of four virtual reality prototypes of headsets he said the company is developing...

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Meta Launches Designer Fashion Store for Avatars
Meta Launches Designer Fashion Store for Avatars
June 19, 2022  |  Meta

Meta Platforms is debuting a digital clothing store to let users buy designer outfits for avatars, according to CEO Mark Zuckerberg, Reuters wrote. Get the...

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