The tech world woke up to a massive shock on Wednesday as Meta, the parent company of Facebook and Instagram, began laying off roughly 8,000 employees. This amounts to about 10% of the company’s total workforce. Now, unlike past layoffs where companies cut staff simply because they were losing money, Meta is actually highly profitable … Read more
#Socialites, get a load of this. On this Tuesday morning, CEO Mark Zuckerberg dropped a bombshell regarding the company’s moderation policies and announced that it will be gearing up for a “free speech” era. Zuckerberg said he’s throwing out the old fact-checking program and replacing it with something fresh: a community-driven system that echoes X’s … Read more
According to The Wall Street Journal, Jeff Bezos and Amazon are following in Mark Zuckerberg and Meta’s footsteps as they both donated $1 million to President-elect Donald Trump‘s inaugural fund. It’s also reported that Zuckerberg “regrets” his past moves to censor information about Trump on behalf of President Joe Biden‘s Administration. RELATED: Washington Post Loses … Read more
#Socialites, get into this! Meta founder and CEO Mark Zuckerberg is reportedly building a top-secret compound in Hawaii that’s equipped with an escape hatch, blind doors, and an underground bunker. RELATED: Elon Musk Surpasses Mark Zuckerberg To Become World’s Third Richest Man Following an investigation by Wired, details about Mark Zuckerberg’s massive and mysterious island … Read more
In a bold move to challenge Twitter’s dominance in the social media sphere, Mark Zuckerberg, the CEO of Meta, has launched Threads, a new app that aims to be a ‘Twitter-killer’. Within hours of its launch, Threads has already managed to sign up an impressive 10 million users. This surge in popularity can be attributed … Read more
Dang! Meta Announces The Company Is Laying Off More Than 11,000 Employees Socialites, get into this: Facebook parent Meta is laying off 11,000 people, about 13% of its workforce. The company announced the big move in a letter sent to workers Wednesday morning. “Today I’m sharing some of the most difficult changes we’ve made in … Read more
Mark Zuckerberg’s net worth has dropped after he lost $30 billion due to Meta shares plummeting in the market on Thursday. RELATED STORIES: Are You Feeling It? Mark Zuckerberg Renames Facebook To ‘Meta’ The Meta co-founder has lost his title as one of the ten richest people on the planet since 2015 at a current net … Read more
Facebook Promises To Ban Holocaust Denial Posts Under Its Hate Speech Policy On Monday (Oct. 12), Facebook announced its newest promise to ban Holocaust denial posts under its hate speech policy; marking a 2-year reversal of the initial and controversial stance held by CEO Mark Zuckerberg, who is Jewish. Additionally, the social media platform said … Read more
Facebook Is Paying Users To Deactivate Accounts Ahead Of US Elections Ahead of the contested November US elections, Facebook is paying users to deactivate their accounts. It’s all a part of a study to assess the impact social media has on voting, and arrives after CEO Mark Zuckerberg‘s new ban on political ads to curb … Read more
Elon Musk Surpasses Mark Zuckerberg To Become World’s Third Richest Man While we reported last week that Amazon CEO Jeff Bezos, 56, has officially become the world’s first $200 billion man, Tesla founder Elon Musk, 49, also sets a new record for himself by surpassing Facebook co-creator Mark Zuckerberg, 36, to become the world’s third richest … Read more
Facebook Finally Stands Against Trump, Removes 88+ Ads Violating ‘Organized Hate’ Policy It looks like Donald Trump finally posted something Facebook and its CEO Mark Zuckerberg couldn’t refuse to take down. The social media platform announced that they removed at least 88 ads on Thursday that were “violating [their] policy against organized hate.” The ads in … Read more
Mark Zuckerberg Refuses To Flag Trump’s Inflammatory ‘Looting & Shooting’ Comment On Facebook & Instagram While Twitter confronts and flags President Donald Trump‘s “looting and shooting” comments, Facebook CEO Mark Zuckerberg does the opposite and refuses to flag the inflammatory remarks on Facebook and Instagram. Zuckerberg claims he “struggled” with how to respond to the President’s … Read more
Facebook Banning Promo For Anti-Quarantine Protests On Monday (Apr 20), Facebook announced that it’s banning and removing all promo and any information on anti-quarantine protests from its site. The ban is applied to those in California, New Jersey and Nebraska, and the company is in discussions with representatives from New York, Pennsylvania, Wisconsin, and Ohio. … Read more
Facebook CEO Mark Zuckerberg Blow-Dries Armpits Before Speeches While we all have unusual habits, Facebook CEO Mark Zuckerberg appears to have one of his own, which includes him blow-drying his armpits ahead of his public speeches. In his upcoming book, ‘Facebook: The Inside Story,’ Wired’s Steven Levy recalls a moment when Zuckerberg paid an unnamed FB … Read more