#Nonprofits want checks placed on ‘toxic’ Mark Zuckerberg

#Nonprofits want checks placed on ‘toxic’ Mark Zuckerberg

“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…

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#House where Facebook was created lists for .3M

#House where Facebook was created lists for $5.3M

“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…

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#Facebook sabotaged Australian health sites during row with gov’t: report

#Facebook sabotaged Australian health sites during row with gov’t: report

“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…

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#Facebook parent Meta orders hiring freeze as growth slows

#Facebook parent Meta orders hiring freeze as growth slows

“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…

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#Zuckerberg downplays employee exodus as Meta’s stock soars

#Zuckerberg downplays employee exodus as Meta’s stock soars

“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…

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# Meta’s Reality Labs posts .9B loss: ‘I recognize it’s expensive’ says Zuck

# Meta’s Reality Labs posts $2.9B loss: ‘I recognize it’s expensive’ says Zuck

” 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…

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#Meta shares soar on increase in Facebook daily users

#Meta shares soar on increase in Facebook daily users

“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…

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#Facebook ‘open borders’ leads to massive data leaks: report

#Facebook ‘open borders’ leads to massive data leaks: report

“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…

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