Meta
Zuckerberg Charity Ends Diversity Initiatives, Moves Towards Biology and AI Funding
February 20, 2025 – The Chan Zuckerberg Initiative (CZI), a philanthropic organization co-founded by Mark Zuckerberg and his wife, Priscilla Chan, has unexpectedly announced the termination of all internal Diversity, Equity, and Inclusion (DEI) programs, according to a report by The Guardian. This decision comes as a surprise, as the organization had assured its employees…
Meta Cautions Users About Romance Scams as Valentine’s Day Nears
February 13, 2025 – As Valentine’s Day approaches, Meta Platforms has issued a warning to users about “romance scams” that are often perpetuated through its apps and other social media channels, as well as regular text messages. According to the Associated Press, Meta cautions that if an individual appears too perfect on social media, it…
Meta Restructures, Laying Off Thousands to Attract Elite Talent
February 11, 2025 – According to Bloomberg, Meta has initiated layoffs on Monday, primarily targeting employees who have “performed poorly.” The company is simultaneously on the lookout for top talent to solidify its position in the AI field. Affected employees were informed via email, and those in the US will receive severance packages including 16…
Meta’s AI Chief Highlights Challenges in Realizing Home Robots and Self-Driving Cars
February 10, 2025 – According to a report by The Guardian, Meta’s Chief AI Scientist, Yann LeCun, has forecasted a further revolution in artificial intelligence technology by the end of this decade. In his view, the current AI systems are still constrained and have not yet realized the aspiration of creating household robots and fully…
Meta to Conduct Company-Wide Layoffs, Ramps Up Machine Learning Engineer Hiring
February 8, 2025 – According to a report by Reuters, internal memos reveal that Meta Platforms, the parent company of Facebook, is planning a company-wide layoff expected to take place next week, while simultaneously ramping up its recruitment of machine learning engineers. The memo states that layoff notices will be issued starting at 5 a.m….
Meta to Boost AI Team and GPU Count to Over 1.3 Million by Year-End
January 25, 2025 – Mark Zuckerberg, the CEO of Meta, announced on the social platform Facebook that the company aims to achieve approximately 1GW of online computing power by 2025. By the end of the year, Meta is expected to possess over 1.3 million GPUs. According to Zuckerberg, Meta plans to invest between 60billionand65 billion…
Meta Sets Sights on 5% Layoffs, Focusing on Underachieving Employees
January 15, 2025 – In an internal memo released today, Mark Zuckerberg, the CEO of Meta, announced that the company is set to embark on a fresh round of layoffs aimed at elevating performance management standards and swiftly removing underperforming employees. This round of layoffs will impact roughly 5% of employees who have failed to…
Zuckerberg Foresees AI Coding Abilities Rivaling Mid-Level Engineers in 2023
January 13, 2025 – Mark Zuckerberg, founder of Meta, stated on the 11th that the field of software engineering is poised for a significant transformation by 2025. He predicts that AI systems will advance to a level where their programming skills rival those of intermediate-level engineers. Zuckerberg believes that Meta and other leading technology companies…
Meta to Unveil Smart Glasses with Integrated Screens, Possibly Arriving Late Next Year
December 24, 2024 – According to a report published today by the Financial Times, Meta, with a market capitalization of 1.5trillion,iscollaboratingwiththeeyeweargiantEssilorLuxotticatointegratedisplayscreensintoits300 sunglasses. Insiders have revealed that the new version of the glasses, featuring the ability to showcase notifications or responses from Meta’s virtual assistant, could potentially hit the market in the latter half of 2025….
Meta Shares Hit Historic Peak, Prompting Zuckerberg to Sell Over $2.2 Billion in Stock
December 17, 2024 – This year, Meta’s stock price has surged ahead, repeatedly hitting new highs, prompting its co-founder and CEO Mark Zuckerberg to sell a significant amount of company shares. According to an analysis by “Fortune” magazine based on publicly disclosed trading data, Zuckerberg has sold Meta stock worth over 2.2billionintotalthisyear.JustinDecemberalone,hehasalreadysoldsharesworth153.2 million. Executive compensation…