Meta Warns of Service Degradation for EU Users Following €200M Privacy Fine
Meta faces regulatory pressure in Europe over its 'consent or pay' data model, resulting in a €200M fine and potential service changes. The company warns of diminished user experience while exploring alternative advertising approaches that align with EU privacy requirements.
Zuckerberg Defends Meta's Acquisitions in Historic FTC Antitrust Trial
Meta CEO Mark Zuckerberg testified in a pivotal antitrust trial regarding the company's acquisitions of Instagram and WhatsApp. The FTC's case could force Meta to divest these platforms, potentially reshaping the social media landscape and setting precedents for Big Tech regulation.
Zuckerberg Considered Mass Facebook Friend Reset in Shift Away from Social Focus
Meta CEO Mark Zuckerberg revealed in court that he contemplated deleting all Facebook users' friend connections in 2022 to force a fresh start. The dramatic proposal highlights Facebook's evolution from a friends-focused platform to an entertainment discovery service.
Meta's Secret AI Collaboration with China Exposed by Former Facebook Executive
A former Facebook executive prepares to testify before Congress, alleging Meta secretly shared AI technology with Chinese authorities while pursuing an $18 billion opportunity. The whistleblower claims Meta helped advance China's AI capabilities at the expense of US national security interests.
Meta's Latest Layoffs Hit Facebook and Reality Labs Teams Hardest
Internal documents reveal Meta's recent 5% workforce reduction heavily impacted Facebook and Reality Labs divisions, with over 3,600 positions eliminated across key teams. The cuts particularly affected virtual reality and monetization engineering groups, even as the company plans strategic rehiring in machine learning.
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.