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.
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.
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'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.
Meta's $60 Billion AI Push: Zuckerberg's Bold Vision for 2025
Mark Zuckerberg announces Meta's massive $60-65 billion investment in AI infrastructure, including plans for a gigantic data center and AI coding systems. The ambitious strategy aims to establish Meta AI as a leading assistant serving over 1 billion users while advancing American technology leadership.
Stanford Law Professor Cuts Ties with Meta Over Cultural Changes and Leadership Direction
A prominent Stanford professor has ended his professional relationship with Meta, citing concerns over the company's shift toward 'toxic masculinity' under Zuckerberg's leadership. The decision comes amid controversial changes at Meta, including reduced fact-checking and DEI initiatives.
Meta Plans Strategic Layoffs: Over 3,600 Workers Face Job Cuts in Performance-Based Restructuring
Meta CEO Mark Zuckerberg announces plans to cut 5% of workforce through accelerated performance reviews, affecting approximately 3,600 employees. The move comes amid organizational changes as the company shifts focus toward AI initiatives while raising performance standards.
Zuckerberg Blasts Apple's Innovation Slump and App Store 'Monopoly'
Meta CEO Mark Zuckerberg criticizes Apple for stagnating innovation and restrictive App Store policies during Joe Rogan podcast appearance. He argues the tech giant is merely 'coasting' on iPhone's success while maintaining rules that hurt competition and Meta's profitability.