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FILE – The Instagram logo is seen on a cell phone in Boston. (AP Photo/Michael Dwyer, File) In what can be termed as a landmark verdict that could reshape the legal landscape for the tech industry, a California jury has found Meta and YouTube liable for harms suffered by a young user. After more than…
Meta is preparing for its largest-ever round of layoffs, with employees in wearables and ads told to work from home as cuts loom. Reuters reported the reductions could affect 20% of its nearly 79,000-strong workforce—around 15,800 jobs. The move is driven by Meta’s $600 billion AI infrastructure commitment and a broader push toward leaner, AI-assisted…
Facebook-parent Meta is reportedly granting stock options to key leaders in an effort to retain talent. According to a CNBC report, the company has made multiple filings with the US Securities and Exchange Commission (SEC) revealing names of executives involved in the incentive plan. These include CFO Susan Li, technology chief Andrew Bosworth, Chief Product…
A jury in Los Angeles has told the presiding judge that it is struggling to reach a unanimous decision against one of the two defendants in a landmark social media addiction trial. The defendants are Facebook, Instagram and WhatsApp-parent company Meta and YouTube, and both tech giants are facing charges for allegedly impacting the mental…
Meta CEO Mark Zuckerberg is building a personal AI agent to help him do his own job — part of a sweeping internal push to flatten the company’s organisation and accelerate work using AI. The move puts a practical spin on what Google CEO Sundar Pichai said late last year: that running a company might…
Meta had a change of heart just less than 48 hours after the company publicly confirmed to fans that it was pulling the plug on Horizon Worlds for VR. Meta CTO Andrew Bosworth said that Horizon Worlds for Quest will stick around for the “foreseeable future”. On backtracking on the earlier announcement to shut down…
FILE (AP Photo/Mark Schiefelbein, File) It seems investors’ anxiety about the rise in capital expenditure of companies to fuel their artificial intelligence (AI) infrastructure and strategy has reached China as well. In the past few months, some of America’s biggest technology companies including Amazon, Meta, Google and Microsoft have seen billions wiped out from their…
Nearly five years after Meta CEO Mark Zuckerberg hailed Horizon Worlds as “the next frontier” for the Facebook-parent, the company has announced that it is now shutting down the virtual reality social network for Quest headsets. In a community blog post, Meta noted that the Horizon Worlds app will be removed from the Quest store…
The first quarter of 2026 has been brutal for tech workers as some of the biggest names in technology industry have either announced mass layoffs or are planning them. In any case, the numbers are staggering. While the UK-based research firm RationalFX has said that more than 45,000 jobs have been cut across the tech…
Facebook parent Meta recently acquired Moltbook, the social networking site for AI agents. Now days after acquiring the Reddit-style social network for AI agents the company has rolled out sweeping changes to its terms of service. Earlier, Moltbook operated under five simple rules. But now the platform has introduced a lengthy legal document that shifts…
