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META FIRES 20 EMPLOYEES
US Stocks: Meta building cloud business to sell AI computing, says report; shares riseMeta Platforms is reportedly exploring a move into the cloud computing business, aiming to lease out its surplus AI computing power. This s...01 Jul, 2026, 08.04 PM IST- Meta building cloud business to sell excess AI capacity, Bloomberg News reportsMeta Platforms is reportedly exploring a move into the cloud computing business, aiming to lease out its surplus AI computing power. This s...01 Jul, 2026, 06.54 PM IST
- Fear and anger brew inside Meta amid AI frenzyA frenzied push for artificial intelligence dominance comes with a different kind of cost for Meta, where massive layoffs, employee surveil...01 Jul, 2026, 08.15 AM IST
- Meta loses bid to dismiss US states' claims that Facebook, Instagram addict childrenIn a decision late Monday, U.S. District Judge Yvonne Gonzalez Rogers in Oakland, California, denied Meta's motion to dismiss claims based ...01 Jul, 2026, 07.44 AM IST
- Microsoft to cut under 2.5% of workforce in latest layoffs: reportU.S. companies have continued to trim headcount in recent months, with a fresh wave of layoffs across the technology, media and finance s...01 Jul, 2026, 07.41 AM IST
- ET Graphics: Code takes over the cubicles as tech companies toss staff for AI growthSince the beginning of 2026, over 120,000 tech employees have been laid off across more than 200 companies including Meta, Amazon and Oracl...01 Jul, 2026, 06.00 AM IST
- No performance concerns, no missed deadlines. But manager decides to terminate employee for dozing off at work. HR’s reality check leaves him disappointed. ‘The issue here is micro-management.’A manager's attempt to fire a top employee for 'zoning out' backfired spectacularly. He accused her of 'microdosing PTO' by dissociating, d...30 Jun, 2026, 04.18 PM IST
- For sale on Facebook: monkeys, rhino horn and dead pangolinsThe ghostly white creature curled up on a weighing scale is almost unrecognisable in the Facebook post offering it for sale. Some of the co...29 Jun, 2026, 09.31 AM IST
- Mark Zuckerberg asks Meta to explore working with Polymarket and Kalshi: ReportThe social media company's executives have said Arena, Meta's new prediction market app under development, will differ from Polymarket and ...28 Jun, 2026, 04.51 PM IST
- Google limits Meta's use of its Gemini AI models: ReportGoogle, owned by Alphabet, told Meta around March it could not meet the full Gemini capacity the company had sought to purchase, the news...28 Jun, 2026, 04.02 PM IST
- Mind Games: Talent wars heat up as AI startups take on Big TechA fierce talent war is raging in the AI sector, with tech giants like Google facing significant researcher departures to rivals OpenAI and ...25 Jun, 2026, 07.12 PM IST
- Meta expands its smart glasses portfolio with new Meta Glasses Line starting at $299Meta and EssilorLuxottica have launched new AI-powered smart glasses, Meta Glasses, starting at $299. These glasses feature updated designs...24 Jun, 2026, 07.10 AM IST
- Mark Zuckerberg directed Meta to create a prediction markets app: NYTMeta is reportedly developing a new app, codenamed 'Arena,' designed to function like prediction markets such as Polymarket and Kalshi. Ini...23 Jun, 2026, 11.52 PM IST
- Kunal Shah’s WhatsApp coronation is a masterclass in dealmakingShah is stepping down as Cred’s chief executive, with finance and strategy head Miten Sampat taking over on an interim basis. Shah becomes ...23 Jun, 2026, 08.58 PM IST
- Inside Meta's India investments: First Reliance, now CredThis was among the tech giant's biggest investments in the Indian startup ecosystem, which also shot Shah into the elite club of global tec...23 Jun, 2026, 07.13 PM IST
- Meta to pause internal mouse-tracking tech while examining data security issuesThe company's announcement follows revelations that sensitive employee data, intended to monitor digital interactions within Meta's inter...23 Jun, 2026, 07.47 AM IST
- Meta head of product for 'AI for work' transformation is leaving companyA key Meta executive overseeing AI tool improvements is departing. Emily Dalton Smith was leading efforts to centralise internal AI tools i...18 Jun, 2026, 09.09 AM IST
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