Tag: Meta

Meta lays off staff in Reality Labs division amid ongoing restructuring
News

Meta to test paid subscription for AI chatbot Meta AI

Meta is set to test a paid subscription service for its AI-powered chatbot, Meta AI, later this year — a move mirroring similar offerings by OpenAI and Microsoft, a source familiar with the matter told Reuters on Thursday. The test is expected to begin in the second quarter of 2025, though the source noted the […]

Tech billionaires lose $34.4bn amid market sharp decline
News

Meta fires 20 employees for leaking confidential info

Meta has dismissed approximately 20 employees for leaking confidential information, a company spokesperson confirmed. “We tell employees when they join the company, and we offer periodic reminders, that it is against our policies to leak internal information, no matter the intent,” Meta spokesperson Dave Arnold told The Verge. “We recently conducted an investigation that resulted […]

Tech billionaires lose $34.4bn amid market sharp decline
Tech

Meta fixes ‘error’ after Instagram users report graphic content

Meta apologized on Thursday, stating it had fixed an “error” that caused some Instagram users to see excessive violent and graphic content in their Reels recommendations. “We have fixed an error that caused some users to see content in their Instagram Reels feed that should not have been recommended. We apologize for the mistake,” a […]

Meta unveils Llama API to attract developers, compete in AI race
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Meta cuts employee stock options despite record high tradings

Meta has reduced its annual distribution of stock options by approximately 10% for tens of thousands of employees, despite the company’s shares reaching record highs this month, the Financial Times reported. Equity refreshers, which employees receive annually as part of their compensation alongside base salaries and bonuses, will see a reduction this year. These stock […]

Meta lays off staff in Reality Labs division amid ongoing restructuring
News

Meta raises executive bonuses to 200% days after laying off workers

Meta has approved a plan to significantly increase executive bonuses just days after cutting five percent of its workforce, according to a filing with the United States Securities and Exchange Commission. The company’s board of directors approved the move, which raises the target bonus percentage for Meta’s annual executive bonus plan to 200%, up from […]

Meta expands AI chatbot availability to 21 new markets
Tech

Meta plans to involve Trump over EU tech regulations

Meta’s global policy director, Joel Kaplan, has stated that the company “won’t shy away” from appealing to President Donald Trump if the EU enforces digital regulations that unfairly target its products. Kaplan, a longtime Republican strategist appointed by Mark Zuckerberg as Meta’s chief of global affairs after Trump’s re-election, stated at the Munich Security Conference […]

Meta unveils Llama API to attract developers, compete in AI race
News

Meta confirms Project Waterworth, world’s longest subsea cable

Meta has officially announced Project Waterworth, a 50,000-kilometer subsea cable network that will become the longest in the world upon completion. The company confirmed the details on Thursday, following earlier reports about its $10 billion-plus investment in the project. The network will span five continents, connecting landing points in the United States, Brazil, India, South […]

Meta tests in-house AI chip to reduce reliance on Nvidia
News

Meta CTO urges employees to quit if they disagree with company policies

Meta’s Chief Technology Officer, Andrew Bosworth, has told employees dissatisfied with the company’s latest policies that they are free to leave, according to a report by Business Insider. The statement came in response to an internal chat where an employee criticized Meta for scaling back its diversity, equity, and inclusion programs and allegedly stifling internal […]

Meta slammed by oversight board over content policy overhaul
News

Meta to begin new round of employee lay off today

Meta will begin a new round of company-wide layoffs today while accelerating recruitment efforts for machine learning engineers, according to internal memos released on Friday Notices will be sent out to affected employees starting at 5 a.m. local time on Monday in most countries, including the United States, according to a memo from Janelle Gale, […]

Meta lays off staff in Reality Labs division amid ongoing restructuring
News

Meta launches program to study human-robot interaction at home

Meta has announced PARTNR, a new research initiative focused on human-robot interaction in home environments. The program explores how robots and humans can collaborate on everyday tasks such as cleaning, cooking, and receiving deliveries. For decades, automated housework has been a futuristic dream, famously embodied by Rosie the Robot from The Jetsons. However, aside from […]

Meta tests in-house AI chip to reduce reliance on Nvidia
News

Meta partners with UNESCO on AI-Language initiative

Meta has announced a new collaboration with UNESCO to advance artificial intelligence (AI) by collecting speech recordings and transcriptions in diverse languages. The initiative called the Language Technology Partner Program, aims to enhance AI speech recognition and translation models, which Meta plans to make openly available. The program seeks partners capable of contributing over 10 […]

Meta expands Threads ads globally amid rising competition with X
News

Meta’s Threads surges to 320m users amid growing popularity

Meta’s microblogging platform, Threads, is experiencing rapid growth, with users increasingly favoring the app over competitors like X. During Meta’s fourth-quarter earnings call on Wednesday, CEO Mark Zuckerberg announced that Threads now boasts 320 million monthly active users, up from 300 million in December and 275 million in November. While the month-over-month increase is modest, […]

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