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Facebook CEO Mark Zuckerberg

Meta CEO Mark Zuckerberg to kick off developer conference with focus on AI, virtual reality

Meta CEO Mark Zuckerberg to kick off developer conference with focus on AI, virtual reality

Wed, Sep 27, 2023

The company, which renamed itself Meta two years ago, is expected to unveil the next version of its virtual reality headset, the Quest 3 and discuss AI chat-bots and other tools and features designed to keep users interested in Facebook and Instagram as competition with TikTok continues.

Meta announces another round of layoffs: Facebook-parent to further cut 10,000 jobs

Meta announces another round of layoffs: Facebook-parent to further cut 10,000 jobs

Tue, Mar 14, 2023

In a Facebook post on Tuesday, CEO Mark Zuckerberg said the job cuts will take place ”over the next couple of months”.

Meta-owned Facebook's India staff on edge after US firm fires 11,000 globally

Meta-owned Facebook's India staff on edge after US firm fires 11,000 globally

Thu, Nov 10, 2022

While no country-specific numbers have yet been disclosed, Meta's India staff are looking for clues on their future. Company officials went incommunicado soon after Meta CEO Mark Zuckerberg made public a letter he had written to employees announcing the job cuts.

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How many users are there on WhatsApp? 2 billion, or 25 pct of global population!

How many users are there on WhatsApp? 2 billion, or 25 pct of global population!

Wed, Feb 12, 2020

Over 25 per cent of the world's population -- or two billion people globally -- now uses WhatsApp. In February 2018, Facebook CEO Mark Zuckerberg had said WhatsApp had 1.5 billion monthly active users (MAUs) who are exchanging nearly 60 billion messages on a single day. India is among the biggest markets for WhatsApp

Facebook CEO Mark Zuckerberg's plans to take on TikTok leaked

Facebook CEO Mark Zuckerberg's plans to take on TikTok leaked

Wed, Oct 02, 2019

With over 200 million users in India, TikTok, owned by Beijing-based ByteDance, is fast closing the gap with Facebook in the country.

Mark Zuckerberg turns 35 today: 5 facts about Facebook boss

Mark Zuckerberg turns 35 today: 5 facts about Facebook boss

Tue, May 14, 2019

Facebook appears to have celebrated the birthday of Mark Zuckerberg, who turns 35 today, by raising minimum wages of its outside vendors in the US to $20 per hour, and the same would also be implemented for contractors in other countries including in India.

Facebook meeting shows challenges ahead for proposed 'oversight board'

Facebook meeting shows challenges ahead for proposed 'oversight board'

Fri, Feb 22, 2019

"We want to find a way to strengthen due process and procedural fairness," Brent Harris, director of global affairs and governance at Facebook, said at the opening of the Singapore meeting.

Facebook turns 15: Here is a timeline of it's journey in Asia

Facebook turns 15: Here is a timeline of it's journey in Asia

Tue, Feb 05, 2019

Social networking website Facecook has turned 15. The company on Tuesday said that it isn't the same company it was in 2004 and has a fundamentally different approach to how the company is run, even compared to a year ago.

We face legitimate scrutiny but we have changed: Facebook

We face legitimate scrutiny but we have changed: Facebook

Tue, Feb 05, 2019

"We also launched a searchable archive for political content that houses these ads for up to seven years. We`ve since expanded this feature to Brazil and the UK, and will soon in India," said the company.

Facebook announces to invest over $300 million over the next three years to support local news organisations

Facebook announces to invest over $300 million over the next three years to support local news organisations

Wed, Jan 16, 2019

In 2018, Google also committed $300 million for over three years to strengthen quality journalism, support sustainable business models and empower newsrooms through technological innovation.

Warning! Facebook should brace itself for another tough year - 'Sell' recommendation on FB stock

Warning! Facebook should brace itself for another tough year - 'Sell' recommendation on FB stock

Tue, Jan 08, 2019

Facebook had a tough year in 2018. Scrutiny of Facebook increased manifold since it revealed earlier in 2018 how a London-based political consultancy, that worked for US President Donald Trump`s campaign, improperly got access to data of up to 87 millions users.

New Facebook tool will now track your time spent on its platform

New Facebook tool will now track your time spent on its platform

Wed, Nov 21, 2018

The feature is designed to help users manage social networking by maintaining time spent per day on Facebook on a particular device for the past week and on an average.

Employee morale hits all-time low at Facebook: Report

Employee morale hits all-time low at Facebook: Report

Fri, Nov 16, 2018

Facebook shares have tumbled substantially this year after the social media network`s revenue and user growth fell short of investor expectations.

Apple's Tim Cook set to back strong privacy laws in Europe, US at Brussels event

Apple's Tim Cook set to back strong privacy laws in Europe, US at Brussels event

Wed, Oct 24, 2018

Tim Cook will describe Europe`s General Data Protection Regulation, or GDPR, as an example of how “good policy and political will can come together to protect the rights of us all,” according to the remarks, seen by Reuters ahead of a gathering of international privacy regulators on Wednesday.

At Facebook, public funds join push to remove Zuckerberg as chairman

At Facebook, public funds join push to remove Zuckerberg as chairman

Thu, Oct 18, 2018

State treasurers from Illinois, Rhode Island and Pennsylvania, and New York City Comptroller Scott Stringer, co-filed the proposal. They oversee money including pension funds and joined activist and original filer Trillium Asset Management.

Facebook permanently grounds Internet-beaming drone Aquila

Facebook permanently grounds Internet-beaming drone Aquila

Wed, Jun 27, 2018

In a significant development, Facebook has abandoned its plan to develop high-flying solar-powered drones called Aquila that was aimed to deliver Internet to nearly four billion people in remote parts of the world.

Facebook may unveil eye-tracking technology in future

Facebook may unveil eye-tracking technology in future

Thu, Jun 14, 2018

In a 229-page document addressed to US Congress in the wake of Cambridge Analytica data breach scandal, Facebook revealed that it had looked into building the technology, Fortune reported on Wednesday.

Mark Zuckerberg hits back at Apple CEO Tim, defends Facebook business model

Mark Zuckerberg hits back at Apple CEO Tim, defends Facebook business model

Tue, Apr 03, 2018

Apple CEO Tim had called for increased regulation of social media, and questioned the practice of monetising user data on free platforms by selling ads that allow advertisers to target specific groups, in a Recode and MSNBC interview last month.

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