Meta Sparks Controversy with Workforce Cuts and Policy Changes Meta, the tech conglomerate behind Facebook, Instagram, and WhatsApp, has ignited widespread debate with its recent announcement to cut 5% of its workforce. This decision, targeting what the company labels as its “lowest performers,” could affect approximately 3,600 employees out of its total workforce of 72,000 […]
Meta’s Content Moderation Overhaul: A Bold Move with Broad Implications In a dramatic shift that has sparked widespread debate, Meta, the tech giant behind Facebook, Instagram, and Threads, has announced a significant overhaul of its content moderation policies. The company is discontinuing its partnerships with third-party fact-checkers, opting instead for a user-driven “community notes” system, […]
Nick Clegg Resigns from Meta: A Pivotal Moment for Big Tech and Politics In a major shift at one of the world’s most influential tech companies, Sir Nick Clegg, the former deputy prime minister of the UK, has announced he will be stepping down from his role as president of global affairs at Meta. Having […]
Mark Zuckerberg’s Meta Shocks with $1M Donation to Trump Inauguration Fund Mark Zuckerberg’s Meta has made waves with its unexpected $1 million donation to Donald Trump’s inauguration fund. The move has not only raised eyebrows across the tech and political spheres but also signaled a shift in the fraught relationship between the tech mogul and […]
Mark Zuckerberg Seeks Active Role in Trump’s Tech Policy: A New Era of Collaboration? In a surprising and strategic turn, Meta CEO Mark Zuckerberg, who has had a historically contentious relationship with Donald Trump, is now seeking a pivotal role in shaping the tech policies of the incoming Trump administration. This shift follows a meeting […]
Meta CEO Mark Zuckerberg Cleared of Personal Liability in Social Media Addiction Lawsuits Targeting Kids In a landmark legal decision, Meta CEO Mark Zuckerberg has been cleared of personal liability in over two dozen lawsuits that accuse the social media giant's platforms, Facebook and Instagram, of fostering addiction among children and teenagers. The ruling by […]
Tech Titans and Donald Trump: A Behind-the-Scenes Look at Silicon Valley’s Political Dynamics As the U.S. presidential election approaches, the spotlight typically shines brightly on the contenders. However, recent claims from former President Donald Trump suggest that some of Silicon Valley's most influential figures are quietly engaging with him, even as they publicly maintain a […]
Meta Triumphs in Major Shareholder Lawsuit: A New Dawn for the Social Media Giant? In a significant victory for Meta Platforms, the tech titan has successfully defeated a high-profile shareholder lawsuit, sending ripples through the financial and tech communities. The lawsuit, which accused the company of mismanagement and failing to safeguard investor interests during a […]
Facebook-owner Meta has reportedly halted the development of its smartwatch which was initially scheduled to be released in spring 2023. It had been in development for around two years. Like other smartwatches, it would feature activity tracking and music playback, but would also be linked to Meta’s platforms and would have a dual camera, setting […]
Robert Nash, Founder of 4 Roads, explains what the metaverse can learn from Web 1.0. The World Wide Web opened up a treasure trove of opportunities for businesses and consumers. Just think of the dot-com boom. It had a huge economic, business, social and cultural impact. Some experts are anticipating similar results from Mark Zuckerberg’s […]
Mark Zuckerberg saw $29 billion fall from his overall net worth on Thursday as Meta’s stock experienced a record one-day plunge. Meanwhile, Amazon founder Jeff Bezos pocked an additional $20 billion following the e-commerce giant’s blockbuster earnings. Meta’s stock plunged 26%, erasing over $200 billion in the largest-ever single-day market value wipeout for the US […]
According to MetaMetric Solutions, real estate sales on the four major metaverse platforms hit $501 million in 2021 while sales in January 2022 topped $85 million. At this pace, MetaMetric Solutions projects that sales could reach almost $1 billion this year. The recent surge in sales was sparked by Facebook’s October announcement that it was […]
CEO Today Online and CEO Today magazine are dedicated to providing CEOs and C-level executives with the latest corporate developments, business news and technological innovations.
