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“Zuckerberg downplays employee exodus as Meta’s stock soars” Mark Zuckerberg downplayed recent employee turnover at Facebook’s parent company Meta, even as the tech giant reported strong earnings that sent its shares soaring on Thursday. During the company’s first-quarter earnings call, an analyst asked Meta executives to address the state of its “employee retention” and whether…
” Meta’s Reality Labs posts $2.9B loss: ‘I recognize it’s expensive’ says Zuck “ Meta Platforms Inc., formerly known as Facebook Inc., posted its Q1 2022 earnings on Wednesday, with its Metaverse-focused Reality Labs division posting increased losses. The Reality Labs division — formerly known as Facebook’s Oculus division — has been spending increasing sums…
“Meta shares soar on increase in Facebook daily users” Facebook parent Meta’s first quarter profit and its count of daily users jumped past Wall Street’s expectations despite the company’s slowest revenue growth since going public a decade ago. Shares were up sharply in after-hours trading. Meta cut a sharp contrast with Google parent Alphabet, which…
“Facebook ‘open borders’ leads to massive data leaks: report” Facebook has failed to safeguard users’ personal data to the point where the company doesn’t know what happens to it or where it ends up, the firm’s software engineers have warned. The news site Motherboard obtained leaked documents indicating that senior software engineers warned the company…
“Kim Basinger Had To ‘Relearn To Drive’ Amid Debilitating Agoraphobia Battle That Left Her Homebound For Years “ This week’s Red Table Talk is set to tackle some tough issues that have been affecting Kim Basinger and her daughter Ireland Baldwin for years now. In an exclusive first look shared with People on Tuesday, the…
” Meta will open physical metaverse-themed store in San Francisco Bay Area “ Social media giant Facebook’s parent company, Meta, will be opening a retail store in the San Francisco Peninsula offering hardware for the virtual reality space. In a Monday announcement, Meta said it would be opening a retail store in Burlingame, California on…
“Facebook owner Meta to open physical store in metaverse bet” Meta Platforms is set to open its first physical store where shoppers can try out and buy virtual reality headsets and other gadgets as the company plots a course to take its highly touted metaverse mainstream. The 1,550-square feet Meta Store at the company’s Burlingame…
“Mark Zuckerberg’s metaverse mission leaving some frustrated” Mark Zuckerberg’s fixation on transforming the company formerly known as Facebook into a metaverse pioneer has reportedly irked some employees — with workers left frustrated and unclear about their daily responsibilities. Zuckerberg directed a companywide shift toward the metaverse last fall — going as far as to rebrand…
“EU set to unveil rules forcing Big Tech to protect users” The European Union is nearing agreement on a set of new rules aimed at protecting internet users by forcing big tech companies like Google and Facebook to step up their efforts to curb the spread of illegal content, hate speech and disinformation. EU officials were negotiating…
“Woman’s Brutal Murder Was Streamed On Facebook Live In ‘Very Evil Act’ “ [Warning: Potentially Triggering Content] A Louisiana woman was fatally stabbed, and the whole thing went live on Facebook… Horrifying… According to authorities in the southern state, Janice David, 34, was brutally stabbed to her death and the whole thing was broadcast on…