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“Meta investigated Sheryl Sandberg for using corporate resources to plan wedding: report” Departing Meta executive Sheryl Sandberg announced her resignation from the tech giant during an ongoing probe into her alleged use of corporate resources to plan her wedding, according to a report Thursday. Sandberg, 52, shocked the business world Wednesday with her decision to…
“Meet Javier Olivan, Sheryl Sandberg’s replacement and Meta’s new COO” The man stepping into the oversize shoes Meta COO Sheryl Sandberg will leave behind has kept a low profile during his nearly 15 years at the company and has barely any social media presence. Javier Olivan, a 44-year-old native of Spain who helped spread Facebook’s…
“World’s 50 richest people have lost half a trillion dollars this year” The 50 wealthiest people in the world have lost more than half a trillion dollars this year due to the tanking stock market, according to the latest figures compiled by Bloomberg Billionaires Index. The top 50 richest, which includes Tesla CEO Elon Musk,…
“Mark Zuckerberg banned Meta employees from talking about abortion” Facebook’s parent company is ordering its employees to stop talking about abortion. An executive at Meta Platforms told employees on Thursday that they are not allowed to discuss the contentious issue during office hours due to “an increased risk” that the company would be perceived as…
“Mark Zuckerberg doesn’t expect Meta layoffs despite stock crash: report” Mark Zuckerberg is reportedly telling Meta employees that he has no plans for layoffs — even as the company vows to tighten its belt with its stock down 43% so far this year. After the Facebook and Instagram parent company instituted hiring freezes for many…
“Nonprofits want checks placed on ‘toxic’ Mark Zuckerberg” Nonprofits including the American Federation of Teachers, the Anti-Defamation League and the LGBTQ advocacy group GLAAD are throwing their weight behind a Meta shareholder effort to place checks on “toxic” Mark Zuckerberg’s power at the company’s board meeting next week, The Post has learned. On Tuesday, the…
“House where Facebook was created lists for $5.3M” For the first time since its construction, the Silicon Valley house where the social media platform, Facebook (now known as Meta), was created, has hit the market for $5.3 million, The Post can report. The unassuming blue house with a painted yellow door was first constructed back…
“Facebook sabotaged Australian health sites during row with gov’t: report” Facebook deliberately blocked access to Australian government websites during the country’s COVID vaccination drive — an underhanded move to punish authorities over a proposed law that required the social network to pay news organizations for online content, according to a report. The Wall Street Journal…
“Facebook parent Meta orders hiring freeze as growth slows” Facebook parent Meta is instituting a hiring freeze for some higher-level positions — a move that comes as Mark Zuckerberg’s embattled social media giant warns of slowing revenue growth. Meta will slow down or entirely pause hiring for most of its mid- or senior-level positions, according…
“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…