2025-01-14
Mark Zuckerberg plans to lay off an additional five percent of Meta's workforce
Meta is preparing for even more layoffs, according to reporting by Bloomberg. CEO Mark Zuckerberg said in a company memo that he plans on cutting about five percent of its "low-performers."
“I’ve decided to raise the bar on performance management and move out low-performers faster,” Zuckerberg said in the memo. “We typically manage out people who aren’t meeting expectations over the course of a year, but now we’re going to do more extensive performance-based cuts during this cycle.”
All told, this could result in 10 percent fewer staf [...]
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2025-01-17
Mark Zuckerberg and Sheryl Sandberg want you to know they're still friends and definitely not mad at each other
On Thursday, The New York Times published a lengthy story about the rise in power of Stephen Miller, a longtime loyalist of Donald Trump known for his hardline views on immigration. Normally, a story [...]
2025-01-07
Meta is ditching third-party fact checkers on Facebook, Instagram
Meta CEO Mark Zuckerberg announced a big shift in the company's approach to moderation and speech. Meta will be suspending its fact-checking program and will move to an X-style Community Notes mo [...]
2025-02-21
Meta approves massive bonuses for executives after broad layoffs
Meta has offered up a lucrative new executive bonus plan, according to a company filing released Thursday. Under the new plan, executives could earn a yearly bonus of 200 percent of their base salary, [...]
2025-02-07
House Democrats press Mark Zuckerberg on Meta’s policy changes
A group of House Democrats are pushing Mark Zuckerberg on Meta’s recent policy changes, saying they are “deeply concerned” about the company’s move to loosen its content moderation rules, end [...]
2025-01-31
Get four Apple AirTags for $70, plus the rest of this week's best tech deals
It's time for another edition of Engadget's weekly deals roundup where we bring together worthwhile tech deals from the past week. If you're in the market for home entertainment gear, y [...]
2025-01-29
Meta will pay $25 million to settle a lawsuit with Donald Trump over his 2021 Facebook suspension
Meta has agreed to pay President Donald Trump $25 million to settle a 2021 lawsuit stemming from the social network’s decision to suspend Trump's Facebook account following the riots at the US [...]
2025-02-13
Civil society groups urge Meta’s Oversight Board to resign in protest
Meta’s Oversight Board is coming under new pressure to respond to the company’s recent policy changes on fact-checking and moderation, which were made without input from the advisory group. A coal [...]