Mark Zuckerberg’s first tweet in over a decade is playful jab at Elon Musk’s Twitter

[ad_1] Mark Zuckerberg’s new “Twitter killer” app Threads has officially arrived. And the CEO of its parent company Meta took no time to use it as an opportunity to take a jab at the social media platform owned by his business rival Elon Musk.  Zuckerberg hadn’t tweeted since January 18, 2012, at which time he … Read more

Tech layoffs ravage the teams that fight online misinformation and hate speech

[ad_1] Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on Tuesday, Dec. 20, 2022.  David Paul Morris | Bloomberg | Getty Images Toward the end of 2022, engineers on Meta’s team combating misinformation were ready to debut a key fact-checking tool that had taken … Read more

Meta: Meta fined record $1.3 billion in EU over US data transfers – Times of India

[ad_1] Facebook owner Meta Platforms Inc was hit by a record €1.2 billion ($1.3 billion) European Union privacy fine and given a deadline to stop shipping users’ data to the US after regulators said it failed to protect personal information from the prying eyes of American security services.The social network giant’s continued data transfers to … Read more

Chinese retailers helped lift Meta’s first quarter sales in a tough online advertising market

[ad_1] Mark Zuckerberg, co-founder and CEO of Meta Platforms, in July 2021. Kevin Dietsch | Getty Images News | Getty Images Meta can thank Chinese retailers for helping lift the company’s first-quarter sales after three consecutive quarters of revenue declines. As chief financial officer Susan Li told analysts during company’s first-quarter earnings call, the social … Read more

First Republic Clients Pulled $100 Billion in Deposits During Bank Crisis

[ad_1] Last Updated: April 25, 2023, 03:32 IST First Republic reported first-quarter results Monday that showed it had $173.5 billion in deposits in early March before Silicon Valley Bank failed on March 9. (Image: Reuters) Even through this crisis, the bank’s book of loans more than 90 days past due was zero Customers of First … Read more

Meta: Meta prepares more layoffs across Facebook, WhatsApp, Instagram – Times of India

[ad_1] SAN FRANCISCO: Meta Platforms Inc is set to commence companywide layoffs on Wednesday as it restructures teams and works toward founder Mark Zuckerberg’s goal of greater efficiency.The Facebook parent company notified managers to prepare to announce job cuts on Wednesday, via a memo seen by Bloomberg News. It indicates Facebook, WhatsApp, Instagram and Reality … Read more

SRK Beats Elon Musk, Mark Zuckerberg To Top In Time 100 Reader Poll List

[ad_1] New Delhi: Superstar Shah Rukh Khan has secured the top position in Time Magazine’s poll for its annual TIME100 list. In the poll, the magazine readers vote for the individuals they believe deserve a spot on TIME’s annual list of the most influential people. According to the American publication, over 1.2 million votes were cast … Read more

Forbes: Mukesh Ambani ranks 9th in Forbes World’s Billionaires List 2023, highest in Asia – Times of India

[ad_1] MUMBAI: Reliance Industries Chairman and Managing Director Mukesh Ambani has been ranked 9th in the Forbes‘ 37th annual World’s Billionaires List 2023, with an estimated net worth of USD 83.4 billion.He maintained his position as the wealthiest individual in Asia.Mukesh Ambani was ranked 10th in the prestigious list last year, with an estimated net … Read more