Meta stock up as Wall Street rallies around layoffs
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., speaks during the virtual Meta Connect event in New York, US, on Tuesday, Oct. 11, 2022. for a virtual future. Michael…
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Mark Zuckerberg, chief executive officer of Meta Platforms Inc., speaks during the virtual Meta Connect event in New York, US, on Tuesday, Oct. 11, 2022. for a virtual future. Michael…
Concerns over spending spree have wiped off more than two-thirds of Meta’s market value so far this year. Meta Platforms Inc said today it would cut more than 11,000 jobs,…
Mark Zuckerberg, taking responsibility for the decisions, apologised to the employees being fired. New Delhi: Facebook’s parent company Meta today announced that they would be firing more than 11,000 employees,…
Meta is laying off 13% of its staff, or more than 11,000 employees, CEO Mark Zuckerberg said in a letter to employees on Wednesday. “Today I’m sharing some of the…
Billionaire Chris Sacca Courtesy of Collision Conference Venture capitalist Chris Sacca, one of the first investors in Twitter and an early evangelist of the site, says Elon Musk needs people…
In the league of legends of Silicon Valley, Jack Dorsey — the co-founder of Twitter who stepped down as CEO a year ago this month — has long had a…
Facebook CEO Mark Zuckerberg Marlene Awaad | Bloomberg | Getty Images Other than Apple, it was a brutal earnings week for Big Tech. Alphabet, Amazon, Meta and Microsoft combined lost…
Mark Zuckerberg during Metaverse conversation on CNBC Source: CNBC Sixteen months after Facebook crossed $1 trillion in market cap, joining an exclusive club consisting of Apple, Microsoft, Alphabet and Amazon,…
One of the most striking things about Facebook’s first few years as a public company was the cool efficiency shown in its earnings reports. Quarter after quarter, year after year,…
Drew Angerer | Getty Images News | Getty Images Altimeter Capital Chair and CEO Brad Gerstner said in an open letter to the company and CEO Mark Zuckerberg on Monday…