Meta bought up nascent rivals Instagram and WhatsApp after its attempts to compete had failed, an attorney for the U.S. Federal Trade Commission said.
Read More Facebook owner Meta bought Instagram, WhatsApp instead of competing, FTC says at trial
Tag: Mark Zuckerberg
Airbnb Co-Founder Joins Elon Musk In DOGE
Joe Gebbia, an MIT-educated Tesla board member who has a background in design, entrepreneurship, and business, is joining the Trump administration in order to assist Elon Musk and the DOGE organization in rooting out wasteful spending and federal workforce misuse.
Read More Airbnb Co-Founder Joins Elon Musk In DOGE
Progressive Meta Employees Stage ‘Quiet Rebellion’: Demanding Return Of Tampon Dispensers In Men’s Restrooms
Many Meta employees are reportedly staging “quiet rebellions” after the company changed its policy surrounding tampon dispensers in the company’s men’s restrooms.
Read More Progressive Meta Employees Stage ‘Quiet Rebellion’: Demanding Return Of Tampon Dispensers In Men’s Restrooms
Microsoft, Meta back big AI spending despite DeepSeek’s low costs
Days after DeepSeek’s breakthrough low-cost AI computing shook the technology industry, CEOs of Microsoft and Meta defended massive spending saying it was crucial to staying competitive in the new field.
Read More Microsoft, Meta back big AI spending despite DeepSeek’s low costs
Meta Will Pay $25M To Trump In Suspended Accounts Settlement
Meta, formerly the Facebook company, is set to pay President Donald Trump $25 million in order to settle a 2021 lawsuit over the president’s previously suspended social media accounts.
Read More Meta Will Pay $25M To Trump In Suspended Accounts Settlement
Meta to spend up to $65 bln this year to power AI goals, Zuckerberg says
Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure.
Read More Meta to spend up to $65 bln this year to power AI goals, Zuckerberg says