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Category: META

  • Meta lays off 40 in Israel

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    Investor Empires

    Meta (Facebook) simultaneously puts 5 % of its employees in all company centers around the world, including in Israel. About 40 employees in Israel were called to a hearing before their rejection representing a little less than 5 % of the Meta 900 employees in Israel. Several weeks ago, CEO…

  • The list of major companies laying off staff in the new year, including Boeing, Meta, Microsoft, and BP

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    Investor Empires

    Layoffs and other workforce reductions are continuing in 2025, following two years of significant job cuts across tech, media, finance, manufacturing, retail, and energy. While the reasons for slimming staff vary, the cost-cutting measures are coming amid a backdrop of technological change. In a recent World Economic Forum survey, some…

  • Meta and Microsoft Show AI Spending Can Be a Double-Edged Sword

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    Investor Empires

    (Bloomberg) – A day, US shares of technology lost nearly a trillion dollars on concerns about the spending of artificial intelligence, Meta Platforms reached a record level – indicating that investors were keeping faith when it came to its AI’s plans. Most of them read from Bloomberg One of the…

  • Meta soothes ad giants with ‘community notes’ after US fact-checking overhaul

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    Investor Empires

    Meta, the parent company of Facebook, Instagram and WhatsApp, has sought to appease major advertisers following its decision to scrap third-party fact-checking in the US. Senior executives led by Nicola Mendelsohn, head of Meta’s global business, have held a series of meetings in recent days to address concerns about brand…

  • Nick Clegg quits Meta after selling nearly $19m in shares

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    Investor Empires

    Nick Clegg, the former British deputy prime minister, has resigned from his position as head of global affairs and communications at Meta, after selling nearly $19 million (£15 million) of shares in the tech giant during his six-year tenure. Clegg, 57, still holds nearly 39,000 shares of Meta stock, worth…

  • Nick Clegg leaves Meta as Joel Kaplan takes helm of global affairs

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    Investor Empires

    Nick Clegg, former British Deputy Prime Minister, has announced his departure from Meta after six years at the social media giant. Clegg, who joined in 2018 and rose to become the company’s head of global affairs, confirmed his exit in a Facebook post, describing his tenure as “the adventure of…

  • Meta to pay $1m to settle job ads discrimination suit

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    Investor Empires

    Meta (formerly Facebook) will pay $1 million and implement a major overhaul of its advertising in Israel, in a precedent-setting settlement filed this week in a local labor court. The settlement reveals how the world’s largest social network allowed employers to discriminate against job seekers based on age and gender.…

  • Microsoft, Meta among leaders in monetizing GenAI heading into 2025: Mizuho

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    Investor Empires

    December. November 14, 2024 at 8:00 AM ETMicrosoft Corporation (MSFT), NVDA, GOOG, GOOGL, META, AMZN, ORCLCRM, ADBE, NICE,NOW,PANW,CRWD,FIVN,TEAM,PLTR,NET,ZS,MDB,ZM,SNOW,AI,GTLBby: brandon evans, SA News Editor AI) and future digital technology. Man uses the app for AI contents, story and images. Chat with the intelligent AI bot and enter the command prompt on…

  • Meta says app stores should police Australia under-16 social ban

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    Investor Empires

    Australia will go ahead with a social media ban for people under 16, despite calls from Meta Platforms Inc. To consider shifting responsibility for monitoring usage to app store operators such as Google and Apple. Prime Minister Anthony Albanese announced on Friday that all state and territory leaders had signed…

  • Microsoft, Meta drag tech stocks lower on concerns over AI spending

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    Investor Empires

    Jason Redmond/AFP via Getty Images Stocks fell sharply on Thursday, dragged down by technology. Microsoft and Meta stock fell on renewed concerns about AI spending. Jobless claims fell more than expected while the Fed’s preferred measure of inflation moved closer to 2%. US stocks fell sharply on Thursday, with the…

  • Microsoft, Meta drag tech stocks lower on concerns over AI spending

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    Investor Empires

    Jason Redmond/AFP via Getty Images Stocks fell sharply on Thursday, dragged down by technology. Microsoft and Meta stock fell on renewed concerns about AI spending. Jobless claims fell more than expected while the Fed’s preferred measure of inflation moved closer to 2%. US stocks fell sharply on Thursday, with the…

  • AI companies could be more transparent to help users make informed choices: Meta VP

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    Investor Empires

    Breadcrumb links PMN BMN Business BMN technology Article writer: Canadian Press Tara Deschamps Posted on September 30, 2024 • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. Joelle Pineau speaks at Meta AI Day in London, April…

  • Meta delays AI launch in UK and EU amid regulatory uncertainty

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    Investor Empires

    Meta Platforms has halted the launch of its latest AI technology in the UK and EU over concerns about fragmented AI rules. While new AI products, including smart glasses and a digital assistant, will be launched in the US, Canada, Australia and New Zealand, Europe is facing delays. Meta cited…

  • Meta delays AI launch in UK and EU amid regulatory uncertainty

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    Investor Empires

    Meta Platforms has halted the launch of its latest AI technology in the UK and EU over concerns about fragmented AI rules. While new AI products, including smart glasses and a digital assistant, will be launched in the US, Canada, Australia and New Zealand, Europe is facing delays. Meta cited…

  • Meta unveils augmented-reality glasses with Orion prototype By Reuters

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    Investor Empires

    By Katie Paul MENLO PARK, Calif. (Reuters) – Facebook Inc’s Meta Platforms Inc showed off the first working prototype of its augmented reality headset, called Orion, at its annual Connect conference on Wednesday as the California-based company outlined its ambitions for products that will bring the virtual world into the…

  • Meta bans RT and other Russian state media networks By Reuters

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    Investor Empires

    By Katie Paul NEW YORK (Reuters) – Facebook Inc’s Meta said on Monday it has banned Russia Today, Rossiya Segodnya and other Russian state media networks from its platforms, alleging the outlets used deceptive tactics to carry out covert influence operations online. The ban represents a sharp escalation in the…

  • 1 Unstoppable Stock That Could Join Nvidia, Microsoft, Apple, Amazon, Alphabet, and Meta in the $1 Trillion Club

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    Investor Empires

    The US economy has a long history of producing the world’s most valuable companies. United States Steel It became the first ever billion-dollar company in 1901, and 117 years later, apple Became the world’s first company to exceed a trillion dollar value. Apple is now worth over $3 trillion, but…

  • XRP and Shiba Inu stalling; investors flock to new crypto meta token

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    Investor Empires

    Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. XRP and Shiba Inu are facing setbacks, pushing investors to Rollblock, the new pre-order offering set to shake up the $500 billion online gambling market. XRP and Shiba Inu have…

  • XRP and Shiba Inu stalling; investors flock to new crypto meta token

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    Investor Empires

    Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. XRP and Shiba Inu are facing setbacks, pushing investors to Rollblock, the new pre-order offering set to shake up the $500 billion online gambling market. XRP and Shiba Inu have…

  • Meta Platforms’ chief legal officer sells shares worth over $469k By Investing.com

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    Investor Empires

    In a recent transaction, Jennifer Newstead, Chief Legal Officer of Meta Platforms, Inc. (NASDAQ:META), sold 905 shares of the company’s Class A common stock at $519.05 per share, resulting in a total sale value of approximately $469,740. The sale occurred on August 27, 2024, and was disclosed in a regulatory…