Meta Increases Executive Bonuses While Cutting Employee Stock Awards
Meta approves doubling of executive bonus potential to 200% of base salary while reducing employee stock compensation by 10%. The changes come amid ongoing layoffs targeting 4,000 positions, though the company plans to later backfill roles focused on AI development.
Meta's Strategic Shift: Mass Layoffs Amid Aggressive AI Talent Hunt
Meta announces 3,600 job cuts while simultaneously launching an expedited hiring process for AI expertise. The restructuring reflects the company's pivot towards artificial intelligence development as it aims to compete with rivals like OpenAI and DeepSeek.
Tech Giants Commit $320 Billion to AI Race in 2025
Meta, Amazon, Alphabet, and Microsoft plan unprecedented AI investments totaling $320 billion in 2025, with Amazon leading at $100 billion. The massive spending surge aims to strengthen cloud services and AI capabilities amid growing competition, despite market skepticism and supply constraints.
Trust Crisis Deepens: US Teens Challenge Big Tech's Ethics and Privacy Practices
A revealing study by Common Sense Media shows 64% of American teenagers distrust major tech companies' commitment to user well-being, with concerns spanning privacy, ethics, and AI safety. The findings indicate a generation actively questioning tech industry motives, with strong support for increased regulation and transparency.
Meta Explores Leaving Delaware: Texas Incorporation on the Horizon
Meta Platforms is considering relocating its state of incorporation from Delaware to Texas or other states, following Elon Musk's similar moves with Tesla and SpaceX. The potential shift comes amid growing concerns over Delaware's court rulings and could provide Meta advantages in shareholder litigation.
Meta Admits Error in Facebook's Linux Content Censorship
Meta acknowledges mistakenly blocking Linux-related content and groups on Facebook, affecting popular resources like DistroWatch. While the company claims the issue is resolved, some restrictions reportedly persist as the platform transitions to a community-based moderation system.
Zuckerberg Admits Meta Missed Early TikTok Threat Due to Social Media Misread
Meta CEO Mark Zuckerberg revealed the company initially misclassified TikTok as a YouTube competitor rather than a social platform, leading to a delayed response. The admission came during a leaked company meeting where he discussed Meta's AI strategy and emphasized the importance of broader social interaction understanding.
Meta Settles $25M Lawsuit with Trump Over Social Media Ban
Meta agrees to pay $25 million to settle Trump's lawsuit over his Facebook and Instagram account suspensions following the January 6 Capitol riot. The settlement includes $22 million for Trump's presidential library fund and reflects Meta's shifting content moderation policies.
Meta Offers Six-Figure Deals to Lure Content Creators from TikTok to Instagram
Meta launches an aggressive campaign offering content creators up to $50,000 monthly to promote Instagram on rival platforms like TikTok and Snapchat. The strategic move comes as TikTok faces regulatory uncertainty in the US, presenting Meta with an opportunity to boost Instagram's market position.
Meta's User Base Rebounds Despite Policy Changes as TikTok Faces Uncertainty
Meta experiences initial user exodus following controversial policy shifts but sees quick recovery partly due to TikTok's uncertain future in the US. Analytics show Facebook's brief decline reversed as users seek alternative platforms, with Instagram's Reels becoming a prime destination for content creators.