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Meta cuts stock awards by 5% for most employees, FT reportsMeta reduced its annual distribution of stock options by about 5% for most of its staff, as CEO Mark Zuckerberg ploughs billions of dollars...- Meta plans to cut about 10% of employees in reality labs businessThe cuts to Reality Labs -- which has roughly 15,000 employees -- could be announced as soon as Tuesday. The layoffs would be a fraction of...
- Meta stock is collapsing: Why is Meta crashing after reporting earnings — is the bubble finally bursting?Meta stock crashes 11% after disappointing Q3 earnings report. Shares fell to $667.48. Investors are rattled. A $15.9 billion tax hit crush...
- Silicon Valley is in its 'hard tech' eraSilicon Valley has shifted from its Web 2.0 heyday of perks and consumer apps to a more intense AI-driven era. With fewer frills and toughe...
- Chinese mourners use AI to digitally resurrect the deadAt a quiet cemetery in eastern China, bereaved father Seakoo Wu pulls out his phone, places it on a gravestone and plays a recording of his...
- Chinese mourners use AI to digitally resurrect the deadAt a quiet cemetery in eastern China, bereaved father Seakoo Wu pulls out his phone, places it on a gravestone and plays a recording of his...
- Meta to lay off employees in metaverse silicon unitEmployees were informed of the layoffs in a post on Meta's internal discussion forum Workplace on Tuesday. The post said they would be noti...
- In challenge to Meta, Apple expected to unveil mixed-reality headsetApple CEO Tim Cook and Meta Platforms Inc's CEO, Mark Zuckerberg, are jockeying to define how consumers will put to use a new generation of...
- Tech billionaires see wealth shrink amid 2022 stock crunchMusk lost $140 billion in 2022 due to the collapse of Tesla's share price, leaving his total net worth at $130 billion, according to Bloomb...
- 'Operating with increased intensity': Mark Zuckerberg leads Meta into next phaseFacebook’s founder is setting a relentless pace as he pushes his company through a tech transformation during a global economic slowdown.
- Facebook changing with times a decade after stock debutWhen Facebook became publicly traded on May 18, 2012, it was seen as a darling of the internet generation, connecting people in a "pure" way
- Facebook-owner Meta gives preview of its first store, enterprise toolsThe store, set to open on May 9, is located at the main campus for Meta's Reality Labs unit. The unit is developing the hardware products t...
- Data protection, privacy laws, skilling key for Indian tech to become $1 trillion contributor: business leadersAccenture India chairperson Rekha Menon, Adobe India’s vice president and managing director Prativa Mohapatra, and Indiaspora founder M R R...
- Airtel says readying for metaverse opportunity in India with 5G“5G will be enabling the metaverse, which requires a lot of data. Metaverse will need much higher speeds and needs to be closer to the edge...
- Jio invests $15 million in Pranav Mistry's Two Platforms Inc for 25% stakeTwo Platforms Inc (TWO) is an Artificial Reality company with focus on building interactive and immersional AI experiences.
- Amazon holiday quarter profit doubles due to return on Rivian investmentThe one clear bright spot for the core business was the continued acceleration in AWS to help bolster a bottom line, an analyst says.
- Web3: A blockchain-based next era of internet is set to break coverDecentralised internet based on blockchain technology will empower legions of social media creators and reduce their dependence on large so...
- Apple aims to prevent defections to Meta with rare $180,000 bonuses for top talentApple is waging a talent war with companies in Silicon Valley and beyond, with Meta emerging as a particular threat. Meta has hired about 1...
- Facebook's Mark Zuckerberg lays out 'metaverse' vision at developers eventThe metaverse, a term first coined in a dystopian novel three decades ago and now attracting buzz in Silicon Valley, refers broadly to the ...
- Good Glamm’s big scoop; Facebook plans name changeA month ago, Good Glamm Group bought out The Moms Co for Rs 500 crore, marking the largest acquisition so far in the buzzy beauty and perso...
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