Latest in Mark Zuckerberg

Facebook and Instagram parent Meta is laying off 11,000 staff — about 13% of the social median giant’s entire workforce. Meta CEO Mark Zuckerberg confirmed the widely expected layoffs in a note shared with staff today. “Today I'm sharing some of the most difficult changes we've made in Meta's…

 Facebook’s Meta parent corporation will institute large-scale layoffs this week, the Wall Street Journal is reporting. The layoffs would be the first major staff reductions in the company’s history. The WSJ report, which cites people familiar with the matter, said the layoffs will likely reach into…

‘Clickbait’ Star Phoenix Raei & Hugo Weaving Set For Australian Mystery ‘The Rooster’ Phoenix Raei (Clickbait) and Hugo Weaving (The Matrix) have been set to star in The Rooster, a mystery-drama written and directed by actor Mark Leonard Winter. The Rooster follows small-town cop Dan (Raei). When the body of his…

Mark Zuckerberg's Meta Platforms underscored its commitment to the Metaverse, announcing that its old familiar stock symbol FB – for Facebook, the company's old name – will change to META on June 9. Shares of the company that also owns Instagram, Messenger and WhatsApp said the new Nasdaq ticker "aligns with the…

The wrong man has the ear of Mark Zuckerberg, according to tireless Facebook whistleblower Frances Haugen. The former company executive who previously leaked thousands of internal Facebook papers and testified before the US Senate and British parliament last year, told The Times that Zuckerberg and his senior team…

UPDATED with closing price: Facebook shares closed down 26.4% in a market rout, knocking a record $230 billion off the company’s market cap. PREVIOUSLY: A plunge in shares of Facebook parent Meta Platforms Facebook has erased more than than $200 billion of its market value, one of Wall Street's steepest dips…

The House committee investigating the January 6th attack on the Capitol has issued subpoenas to four major tech companies, including Alphabet, Meta, Reddit and Twitter, for documents related to the spread of election disinformation on social media and the use of platforms by violent extremists. Bennie Thompson, the…

UK regulators today ordered Meta, formerly Facebook, to unwind its acquisition of popular GIF-making and sharing app Giphy after concluding the deal was anticompetitive – a significant call amid rising pressure on both sides of the Atlantic to rein in the power of the social media giant, including by breaking it…

An actor and Mark Zuckerberg look-alike skewed the virtual reality of the Facebook founder's Metaverse while promoted the stunning waterfalls and wild horses of Iceland in a tourism video. Urging people to visit "Icelandverse," actor Jörundur Ragnarsson, with a short bowl haircut and awkward body movements and…

On tonight’s episode of CBS’ Late Show, Stephen Colbert went after embattled social network Facebook. “Today’s been a monumentally bad day for Facebook, the world’s top social media network and uncle radicalizer,” he said. The late-night host addressed the role and influence of Facebook groups.  “Facebook does, for…

Addressing "the recent debate around our company," Facebook CEO Mark Zuckerberg gave not an inch on Monday, saying, "what we are seeing is a coordinated effort to selectively use leaked documents to paint a false picture." Kicking off a conference call with financial analysts after quarterly earnings, Zuckerberg…

Facebook hit 2.91 billion monthly active users last quarter, up 6% from the year earlier, and reported mixed financial results and a revenue outlook for the current fourth quarter that was below expectations. Revenue of $29 billion for the September quarter was up 35% from the year before but below Wall Street…