Business
Meta layoffs hit Singapore as tech giant cuts global workforce
JOB cuts by social media giant Meta have hit Singapore, according to public posts on professional networking platform LinkedIn and sources…
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Meta
Business
Meta opens Facebook Marketplace to rivals in EU antitrust clash
Facebook said that despite the changes, it continues to disagree with the European Commission’s decision last year, which saw Meta…
Business
Meta accounting move on AI servers to boost profit this year
META Platforms made a small change last month that’s likely to increase the company’s profit by billions of US dollars this year. It was…
Business
Meta starts eliminating jobs in shift to find AI talent
The latest wave of firings are expected to be completed by the end of the performance cycle that goes to February META Platforms began…
Business
Meta Platforms set to commence layoffs
Meta Platforms, the parent company of Facebook, is set to commence company-wide layoffs while fast-tracking the hiring of machine learning…
Politics
Once a Trump critic, Mark Zuckerberg pivots toward the president
Before Donald Trump kicked off his second term as president, Meta Platforms Chief Executive and founder Mark Zuckerberg took another big…
Business
Meta posts longest rally since 2015 as Wall Street cheers AI bet
Meta Platforms shares posted their longest streak of daily gains in almost a decade, with its latest earnings report adding to investor…
Politics
Mark Zuckerberg Defends Embrace of Trump Administration in Meta Employee Q&A
In a wide-ranging question-and-answer session with Meta employees on Thursday, Mark Zuckerberg, the company’s chief executive, defended…
Politics
Donald Trump sees drop in Instagram followers on POTUS account
Millions of Instagram users may have opted to unfollow the official @Potus Instagram account after President Donald Trump took office…
Business
Meta and Microsoft Double Down on Huge A.I. Spending, Despite DeepSeek Threat
We have sad news: We are following the latest on the midair collision near Ronald Reagan National Airport outside Washington between an…
Business
Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world
DAYS after Chinese upstart DeepSeek revealed a breakthrough in cheap artificial intelligence (AI) computing that shook the US technology…
Business
Alibaba touts new AI model superior to DeepSeek and Meta
ALIBABA Group Holding published benchmark scores and touted what it called world-leading performance with its new artificial intelligence…
Politics
Meta Agrees to Pay Trump $25 Million to Settle His Lawsuit
Meta said on Wednesday that it had agreed to pay President Trump $25 million to settle a 2021 lawsuit he filed over the suspension of his…
Business
Meta warns first-quarter revenue will miss Wall Street expectations
META Platforms fourth-quarter revenue beat Wall Street expectations on Wednesday (Jan 29) but the company predicted sales in the current…
Business
Meta Chief Zuckerberg Joins the Business Roundtable
Mark Zuckerberg’s ambitions as a Washington power player have led him to another corner of the capital’s hobnobbing scene: the Business…
Business
Apple, Meta, Nvidia and OpenAI: Who Wins and Loses the DeepSeek Scramble?
Lots of questions are still swirling this morning about the implications of DeepSeek, the Chinese start-up whose A.I. tools drove…
Business
Meta to spend up to US$65 billion this year to power AI goals, Zuckerberg says
META Platforms plans to spend between US$60 billion and US$65 billion this year to build out AI infrastructure, CEO Mark Zuckerberg said…
Business
Meta to Increase Spending to $65 Billion This Year in A.I. Push
Mark Zuckerberg spent all of 2024 telling investors that artificial intelligence would be key to the future of his company, Meta. In 2025,…
Business
Meta, WhatsApp win relief as India tribunal suspends data sharing ban
AN INDIAN tribunal temporarily suspended a five-year data sharing ban between WhatsApp and owner Meta Platforms, a major relief for the US…
Business
Databricks caps US$15 billion fundraise with meta as new investor
DATABRICKS, one of the world’s most valuable privately held tech companies, said on Wednesday (Jan 23) that it has raised more than US$15…
Business
Meta plans Oakley-branded glasses, explores watches and earbuds
META Platforms is working on upgrades to its popular smart glasses and is exploring new wearable devices such as watches and…
Business
Meta to cut roughly 5% of staff, targeting lowest performers
META Platforms is cutting roughly 5 per cent of its staff through performance-based terminations and plans to hire new people to fill…
Politics
Smart business? Currying favor? Why big tech leaders are friending and funding Trump
Four years ago, several of California’s most influential tech titans determined that then-President Trump was such a threat to democracy…
Politics
Inside Mark Zuckerberg’s Sprint to Remake Meta for the Trump Era
Mark Zuckerberg kept the circle of people who knew his thinking small. Last month, Mr. Zuckerberg, the chief executive of Meta, tapped a…