Facebook-parent Meta likely to start mass layoffs today, CEO Mark Zuckerberg blames overhiring

The tech industry is going through turmoil right now. Twitter just laid off thousands, nearly 50 per cent of its staff in a recent layoff, and blamed revenue drop for it. Following Elon Musk’s Twitter is Mark Zuckerberg’s Meta that is set to layoffs some of its employees. Zuckerberg didn’t confirm the number of…

Facebook planning to make big changes to rival TikTok, leaked memo reveals

Instagram introduced TikTok-inspired Reels in 2020, and the company has been slowly adding features to increase its discoverability. The short video format was also rolled out on the Facebook app in the US in September 2021 and globally in February 2022. It appears that the Meta-owned Facebook wants to push out more…

Facebook share price jumps: How Mark Zuckerberg’s Meta is staging strong comeback

Facebook’s share price jumped up to nearly 20 per cent after its parent Meta posted a profit. Meta chief executive officer (CEO) Mark Zuckerberg also said that the company would scale back costs and was investing in artificial intelligence tools to improve recommendations and ads, a sign Meta is buckling down to…

Delhi HC concerned over Facebook ‘sharing user data’ with other companies

While hearing a plea in the case pertaining to WhatsApp’s privacy policy, the Delhi High Court expressed concerns over the alleged sharing of user data by Facebook with other companies. The Delhi High Court was hearing Facebook’s and WhatsApp’s appeals against the Competition Commission…

Facebook, now Meta, is the worst company of 2021 according to this survey

According to the survey carried out by Yahoo! Finance, which seeks every year to publicise the best and worst companies from around the world, Facebook, now known as Meta, took the crown as the worst company of the year. It received 50% more votes as the worst company of the year than the runner-up, Chinese e-commerce…

Pune: Cyber goons claiming to be Army personnel dupes youngster

Unidentified criminals claiming to be Indian Army personnel duped a Pune youngster by posting a fake advertisement on Facebook. The cyber criminals purportedly promised to sell a second-hand car for Rs 50,000 to the youngster but did not deliver the vehicle after receiving payment. The victim (24) lodged an FIR in…

Facebook will soon let users split payments but feature to be available to selected users only

Facebook will soon make it easier for users to split payments for dinners, house rent etc. The social media app announced that Facebook is testing the split payments feature for users in the United States. Users can use this feature to split the bills at a dinner party or even divide the house rent feature. ‘ The…

Facebook to make two-factor authentication compulsory for high-risk accounts

Facebook will soon make it compulsory for users to protect their accounts with two-factor authentication. The social media company is contemplating making the two factor authentication mandatory for accounts that are at a high risk of getting hacked. The list of people who fall in the high risk category includes human…

India has no plans to ask Facebook and Google to pay for news content

The Indian government has confirmed that it has no plans yet to make tech giants Facebook and Google pay local publishers for news content. The response from the Indian government comes after the matter was brought up during the ongoing winter session of the Parliament. Rajeev Chandrasekhar, Union Minister of State for…