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META SEVERANCE PACKAGE DETAILS
After laying off thousands, Meta now offers voluntary exit packages like Google and Microsoft. Here's all you need to knowMeta has launched a voluntary exit programme in France, designed to reorganize its team while pivoting towards artificial intelligence deve...- Delhi Police files FIR against Meta India over child sexual abuse material on its platformsIn response to directives from the National Human Rights Commission, Delhi Police has launched an FIR against Meta India, concerning the al...
- Google voluntary buyouts: What's the exit package, which teams qualify and how many employees are eligible after Microsoft's similar offer?Google Voluntary Exit Programme Details: Google has expanded its voluntary buyout programme to selected employees in five countries. The of...
- Meta draws record orders for debut euro bond sale, Bloomberg News reportsMeta Platforms has successfully garnered an impressive €53 billion in investor interest for its inaugural euro bond issuance. With an ambit...
- ETtech Explainer: Why Meta is raising billions through bondsDeveloping AI models and offering AI-powered services requires enormous computing capacity. This involves building data centres, purchasing...
- Meta raises $15 billion through bond sale to fund AI infrastructure expansionMeta Platforms is raising $15 billion through a five-part bond offering to fund its expanding artificial intelligence infrastructure invest...
- Meta halts new business terms after backlash over data scraping and AI useMeta has postponed the rollout of new terms affecting its business accounts due to significant backlash. Critics claimed these changes coul...
- Instinct's WhatsApp scare: Glitch that cried wolfThe incident has also brought attention to Meta’s restrictions on competing AI assistants and the challenges facing companies building pers...
- Meta eyes at least $20 billion from potential bond offerings, Bloomberg News reportsMeta is reportedly looking to raise at least $20 billion through a cross-border bond offering to fund its expanding AI infrastructure. The ...
- Mold-Tek Packaging shares surge 17% as Q2 FY 27 profit jumps 35% YoY to Rs 21 croreMold-Tek Packaging shares surged nearly 17% after the company reported a 35.5% YoY rise in Q2 FY27 net profit and 30.5% revenue growth. Str...
- AI agent Instinct back on WhatsApp after technical issues: Here’s what we knowInstinct, a leading AI firm, faced a brief disruption in its WhatsApp services due to a technical glitch linked to its configuration. This ...
- Musk and Zuckerberg officially adopt Trump’s “super intelligence” label for AI, other tech chiefs yet to followIn a significant shift, tech giants Elon Musk and Mark Zuckerberg have embraced the term 'super intelligence' to describe AI, following a p...
- 'Dropboxers, today will be your last day': Dropbox lays off 9% of global workforce; CTO Ali Dasdan to step down. Read what the company said in memoDropbox is set to cut approximately 200 jobs as part of its growth-oriented reorganization plan. The focus will be on restructuring teams i...
- Butter Recall: Miyoko’s Creamery plant-based butter pulled from stores in 10 states over contamination concerns-here's how to identify the product being recalledMiyoko’s Creamery European Style Salted Plant Milk Butter has been recalled in ten US states due to contamination concerns. The FDA reporte...
- Big Tech turning to equity to raise funds for AIMeta plans to raise up to $98 billion to fund AI infrastructure, making it one of the largest equity financing plans ever. Stocks worth onl...
- Meta, Snap head to trial in another case about social media's harmsJury selection is expected to begin on Wednesday in Los Angeles for another landmark trial about the alleged harms of social media on young...
- Nvidia, Meta deepen AI ties with $3 billion investment dealIn a groundbreaking partnership, Nvidia and Meta have committed to advancing the Muse AI assistant, with a substantial $3 billion investmen...
- Microsoft offers voluntary exits to 60,000 employees: What's in it, who qualifies and will India’s 23,000-strong workforce be impacted?Microsoft has introduced a voluntary exit offer for eligible employees in India, the US, the UK and Canada, covering around 60,000 workers ...
- Microsoft offers exit packages to India staff amid $20.5 billion AI pushWhile the company has not given specifics of the number of people who shall be covered through this programme, there are around 60,000 empl...
- Meta to create non-voting shares to fund AI expansion, retain Zuckerberg’s controlMeta Platforms plans to introduce publicly traded non-voting Class C shares to fund AI investments, acquisitions and employee compensation ...
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