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Elon Musk Loses $90 Billion Amid DeepSeek's Rise, Here's What Bezos And Zuckerberg Lost
Tesla CEO Elon Musk was the hardest hit, losing an estimated $90 billion in net worth due to DeepSeek's success.
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Meta to Reportedly Launch a Standalone Meta AI App to Take On OpenAI and Google
Meta is reportedly planning to launch its artificial intelligence (AI) chatbot as a standalone app. The company currently offers Meta AI within its social media apps including Facebook, Instagram, Messenger, and WhatsApp. It is also available as a web client, however, the social media giant does not offer the platform as a mobile or desktop app.
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Meta Fires 20 Employees For Leaking Internal Information, More Layoffs Likely
Meta on Thursday said it had laid off 20 workers for leaking information to the media, as the social media giant faces pressure over the recent political shift.
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Meta Increases Executive Bonuses By Up To 200% After Mass Layoffs
Days after laying off 3,600 employees, tech giant Meta is set to offer bigger bonuses to its executives this year.
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"Cruelest Company": Meta Employees Slam Layoffs, Say Move Was Not "Performance Driven"
Despite Meta's claims of "performance-based layoffs," several employees allege they were terminated despite having a history of meeting performance expectations.
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Meta to Allow Rival Ads Providers to List on Facebook Marketplace After EU Antitrust Fine
Meta Platforms will allow rival classified ads service providers to post listings of their ads on Facebook Marketplace. Calling it the Facebook Marketplace Partner Progam, Meta said the scheme is a response to the EU competition watchdog even as it challenged the fine in court.
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Why Meta CEO Mark Zuckerberg Was Almost Sentenced To Death In Pakistan
Zuckerberg's comments shed light on the complex and often fraught relationship between global tech platforms and local governments.
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Meta Employee Laid Off After Returning From Maternity Leave: "I Was Blindsided"
In a LinkedIn post, Ms Safner shared her shock and disappointment, suggesting that Meta may have targeted employees who had recently taken leaves.
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Meta’s Reality Labs Unit Posts $5 Billion in Losses in Q4 2024
Reality Labs logged a loss of $4.97 billion (roughly Rs. 43,040 crore) in Q4, 2024. In an attempt to explain losses for Reality Labs, Meta CEO Mark Zuckerberg said, “generative AI, Reality Labs generally are more technical organisations which means higher cost and space being relative for their business functions.”
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Microsoft, Meta Back Big AI Spending Despite DeepSeek's Low Costs
Microsoft and Meta's CEOs defended massive spending on AI efforts after China's DeepSeek launched an AI assistant, it claims is more data and cost-efficient compared to the AI models that have emerged from the US. The top executives of these big tech firms said funds were needed to stay competitive in the field.
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Instagram Tipped to Be Working on an X-Styled Community Notes Feature
Instagram is tipped to be working on implementing Community Notes on its platform. As per the tipster, the Meta-owned platform is adding a new option to write a community note to the published posts. The leaked information comes weeks after Meta CEO Mark Zuckerberg announced shutting down of the existing fact-checking programme, citing censorship m...
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Mark Zuckerberg Says Meta to Spend Up to $65 Billion on AI in 2025
Mark Zuckerberg plans to invest as much as $65 billion (roughly Rs. 5,61,908 crore) on projects related to artificial intelligence in 2025. Zuckerberg’s announcement comes days after OpenAI, SoftBank Group Corp. and Oracle Corp. announced a $100 billion (roughly Rs. 8,64,404 crore) joint venture called Stargate to build out data centers and A...
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Meta Plans To Invest $60 Billion Or More In AI This Year
Meta chief executive Mark Zuckerberg on Friday said the tech giant plans to invest at least $60 billion in artificial intelligence in 2025, aiming to lead in the technology.
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Law Tribunal Suspends Antitrust Ban On WhatsApp-Meta Data Sharing
In a respite for Mark Zuckerberg-run Meta, the National Company Law Appellate Tribunal (NCLAT) on Thursday stayed the five-year ban imposed by the Competition Commission of India (CCI) on WhatsApp for its data-sharing practices.
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Here's Why You Have Automatically Followed Trump On Facebook And Instagram
Meanwhile, Instagram users have been experiencing a strange issue when searching for hashtags related to the Democratic Party. Typing "#Democrat" or "#Democrats" yields a "results hidden" message, sparking accusations of political bias.
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Elon Musk Loses $90 Billion Amid DeepSeek's Rise, Here's What Bezos And Zuckerberg Lost
Tesla CEO Elon Musk was the hardest hit, losing an estimated $90 billion in net worth due to DeepSeek's success.
-
Meta to Reportedly Launch a Standalone Meta AI App to Take On OpenAI and Google
Meta is reportedly planning to launch its artificial intelligence (AI) chatbot as a standalone app. The company currently offers Meta AI within its social media apps including Facebook, Instagram, Messenger, and WhatsApp. It is also available as a web client, however, the social media giant does not offer the platform as a mobile or desktop app.
-
Meta Fires 20 Employees For Leaking Internal Information, More Layoffs Likely
Meta on Thursday said it had laid off 20 workers for leaking information to the media, as the social media giant faces pressure over the recent political shift.
-
Meta Increases Executive Bonuses By Up To 200% After Mass Layoffs
Days after laying off 3,600 employees, tech giant Meta is set to offer bigger bonuses to its executives this year.
-
"Cruelest Company": Meta Employees Slam Layoffs, Say Move Was Not "Performance Driven"
Despite Meta's claims of "performance-based layoffs," several employees allege they were terminated despite having a history of meeting performance expectations.
-
Meta to Allow Rival Ads Providers to List on Facebook Marketplace After EU Antitrust Fine
Meta Platforms will allow rival classified ads service providers to post listings of their ads on Facebook Marketplace. Calling it the Facebook Marketplace Partner Progam, Meta said the scheme is a response to the EU competition watchdog even as it challenged the fine in court.
-
Why Meta CEO Mark Zuckerberg Was Almost Sentenced To Death In Pakistan
Zuckerberg's comments shed light on the complex and often fraught relationship between global tech platforms and local governments.
-
Meta Employee Laid Off After Returning From Maternity Leave: "I Was Blindsided"
In a LinkedIn post, Ms Safner shared her shock and disappointment, suggesting that Meta may have targeted employees who had recently taken leaves.
-
Meta’s Reality Labs Unit Posts $5 Billion in Losses in Q4 2024
Reality Labs logged a loss of $4.97 billion (roughly Rs. 43,040 crore) in Q4, 2024. In an attempt to explain losses for Reality Labs, Meta CEO Mark Zuckerberg said, “generative AI, Reality Labs generally are more technical organisations which means higher cost and space being relative for their business functions.”
-
Microsoft, Meta Back Big AI Spending Despite DeepSeek's Low Costs
Microsoft and Meta's CEOs defended massive spending on AI efforts after China's DeepSeek launched an AI assistant, it claims is more data and cost-efficient compared to the AI models that have emerged from the US. The top executives of these big tech firms said funds were needed to stay competitive in the field.
-
Instagram Tipped to Be Working on an X-Styled Community Notes Feature
Instagram is tipped to be working on implementing Community Notes on its platform. As per the tipster, the Meta-owned platform is adding a new option to write a community note to the published posts. The leaked information comes weeks after Meta CEO Mark Zuckerberg announced shutting down of the existing fact-checking programme, citing censorship m...
-
Mark Zuckerberg Says Meta to Spend Up to $65 Billion on AI in 2025
Mark Zuckerberg plans to invest as much as $65 billion (roughly Rs. 5,61,908 crore) on projects related to artificial intelligence in 2025. Zuckerberg’s announcement comes days after OpenAI, SoftBank Group Corp. and Oracle Corp. announced a $100 billion (roughly Rs. 8,64,404 crore) joint venture called Stargate to build out data centers and A...
-
Meta Plans To Invest $60 Billion Or More In AI This Year
Meta chief executive Mark Zuckerberg on Friday said the tech giant plans to invest at least $60 billion in artificial intelligence in 2025, aiming to lead in the technology.
-
Law Tribunal Suspends Antitrust Ban On WhatsApp-Meta Data Sharing
In a respite for Mark Zuckerberg-run Meta, the National Company Law Appellate Tribunal (NCLAT) on Thursday stayed the five-year ban imposed by the Competition Commission of India (CCI) on WhatsApp for its data-sharing practices.
-
Here's Why You Have Automatically Followed Trump On Facebook And Instagram
Meanwhile, Instagram users have been experiencing a strange issue when searching for hashtags related to the Democratic Party. Typing "#Democrat" or "#Democrats" yields a "results hidden" message, sparking accusations of political bias.
