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META FIRING 4000 EMPLOYEES
Meta team meets MeitY officials over WhatsApp usernames feature, to submit reply within timeline: Sources- WhatsApp turns admin, puts fee on business chats powered by AI models
- 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.’
- Cred’s angels, institutional investors score big in Meta dealThe sale is part of Meta’s $900 million investment in Cred, which valued the Kunal Shah-founded company at about $4 billion. The transactio...03 Jul, 2026, 01.15 PM IST
- PE-VCs push structural reboot; Cred backers’ Meta gainsHappy Friday! India’s PE-VC lobby is seeking a structural overhaul to woo foreign capital and fund managers. This and more in today’s ETtec...03 Jul, 2026, 07.47 AM IST
- Meta's Mark Zuckerberg says AI agent tech progressing slower than expectedZuckerberg and other Meta executives have been seeking to moderate some of the organizational changes introduced earlier this year, witho...03 Jul, 2026, 07.36 AM IST
- WhatsApp says claims of people reserving popular, well-known usernames falseThe rebuttal came as part of a set of FAQs released by the Meta-owned messaging platform around its contentious username feature - which is...02 Jul, 2026, 03.55 PM IST
- Days after Meta sent 4 AM layoff emails to 8,000 employees, CEO Mark Zuckerberg says fears of AI job losses are overstated and more jobs could be created if...Meta CEO Mark Zuckerberg believes artificial intelligence won't necessarily lead to mass job losses. He has argued that companies can choos...02 Jul, 2026, 12.43 AM IST
- Micron pledges $250 million for Trump Accounts, says US PresidentMicron Technology has pledged $250 million to the "Trump Accounts" initiative, a program designed to bolster financial security for America...01 Jul, 2026, 10.16 PM IST
- Meta names Alex Schultz first chief data officerMeta is reshuffling its leadership to bolster its AI and data strategy. Alex Schultz, previously Chief Marketing Officer, is now the compan...01 Jul, 2026, 10.08 PM IST
- 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
- Worries arise over gaming of WhatsApp usernamesThe feature, expected to roll out later this year, will allow users to connect using usernames instead of sharing their phone numbers. Whil...01 Jul, 2026, 06.01 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
- 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
- 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
- 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
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