MENLO PARK
Diversity pullback: Tech giants lead US companies in discontinuing initiatives
The changes have come in response to a campaign by conservative activists to target workplace programs in the courts and social media, and more recently, President Donald Trump's executive orders aimed at upending DEI policies in both the federal government and private sector.
Meta must face lawsuit claiming it prefers cheaper foreign workers
The plaintiffs -- information technology worker Purushothaman Rajaram and software engineer Ekta Bhatia, both naturalised US citizens, and data scientist Qun Wang -- said they each applied for several Meta jobs between 2020 and 2024, but were turned down because of Meta's "systematic preference" for visa holders.
Meta posts sharply higher Q4 profit, revenue, topping Wall Street's expectations
CEO Mark Zuckerberg said he expects 2025 to "be the year when a highly intelligent and personalized AI assistant reaches more than 1 billion people, and I expect Meta AI to be that leading AI assistant."
US Supreme Court rebuffs Meta bid to avoid advertisers' lawsuit
A three-judge panel of the San Francisco-based 9th US Circuit Court of Appeals ruled 2-1 against Menlo Park, California-based Meta in March 2024. The panel said that because Meta provided the same alleged misrepresentation about how many people might see ads, the advertisers could try to prove that their damages, which they said could exceed $7 billion, stemmed from a "common course of conduct."
No relief to Meta Platforms from advertisers' lawsuit
A three-judge panel of the San Francisco-based 9th US Circuit Court of Appeals ruled 2-1 against Menlo Park, California-based Meta in March 2024. The panel said that because Meta provided the same alleged misrepresentation about how many people might see ads, the advertisers could try to prove that their damages, which they said could exceed $7 billion, stemmed from a "common course of conduct."
Meta unveils voice mode: You can now talk to and share photos with Meta AI
Over 400 million people are using Meta AI, out of which 185 million people are using it across Messenger, Facebook, WhatsApp and Instagram each week, the company said at the Meta Connect event at its headquarters in Menlo Park, California.
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103 earthquakes in 80 days in Texas! Are oil and gas extractions responsible for this? Details here
Justin Rubinstein, a geophysicist with the U.S. Geological Survey in Menlo Park, California, has said Texas has experienced a total of 103 earthquakes, including 12 of magnitude three or more.
Meta resumes office perks amidst rehiring efforts
Meta is reinstating perks for its employees, including happy hours, snacks, laundry services, and haircuts, in an effort to boost morale after recent layoffs. The tech giant has been rehiring some of the employees previously laid off as it aims for greater efficiency. The company is also mandating that employees report to the office three days a week. The revival of these benefits aims to create a more pleasant work environment and improve job satisfaction.
Facebook rolls out new update to allow users to view their friends' posts in simpler way
Facebook is giving users more control at a time when it has been struggling to grow.
Why Mamata Banerjee could well try sue Mark Zuckerberg
The changes have been announced after the grim fourth quarter results earlier this month. Old print media pundits that we very well are, may we suggest Zuckerberg bring in a new catchphrase that could galvanise his very socially awkward social media company? ‘Let there be light.’ It has, reportedly, worked wonders before
Facebook: Fake scientist used to spread anti-US propaganda
The company based in Menlo Park, California, did not directly attribute the network to the Chinese government. But it noted employees of Chinese state-run companies, and the country's state-run media, worked to amplify the misleading claims, which were soon the subject of news headlines in China.
Pay parents to tap the kiddie market
There’s nothing wrong for Meta to mine under-18s’ browsing data — for a price
Robinhood aims for up to $35 bln valuation in U.S. IPO
The Menlo Park, California-based company is offering 55 million shares to raise over $2.3 billion. Shares are expected to be priced between $38 and $42, the company said.
Facebook to turn Menlo Park headquarters into vaccination site
For this initiative, the company is teaming up with Ravenswood Family Health Centre, Chief Operating Officer Sheryl Sandberg wrote in a post.
Facebook to start reopening Silicon Valley offices in May
Facebook's plan is to open select offices in the Silicon Valley area on a rolling basis, limiting seating capacity to no more than 10% as a start.
Facebook doubles legal, advertising spend in India
For 2017-18, Facebook India’s advertising and promotional spends went up by as much as 122% to Rs 94 crore, while its legal department saw costs shooting up by around 85% to Rs 78 crore.
Hotstar CEO Ajit Mohan named Facebook India head
Mohan's appointment ends Facebook's one-year search for an India head, a role which became vacant following former managing director Umang Bedi's departure in October last year.
Why is Google closer to India than Facebook?
Google has managed relations better than Facebook because it was less 'confrontational'.
Firm that built Indira Canteen in Bengaluru announces merger with US-based tech company
It is this Bengaluru-based company, founded by Dubai-based entrepreneur Faizal Kottilollon, that built government-run Indira Canteens.
Facebook’s crises might destroy Mark Zuckerberg's legacy
Zuckerberg was subjected to 40 minutes of eyewatering monologues from EU lawmakers, who surrounded him like they were taking part in a ritual flagellation.
HPE CEO Meg Whitman took to swimming after losing the California governor race
Whitman’s tenure as CEO may be coming to an end this month, but she has much to look forward to.
31 startup founders from 6 states on visit to Silicon Valley
On Tuesday the founders will visit the Facebook headquarters in Menlo Park where they will have a pitch session and get feedback from experts at the social media giant.
Office spaces that inspire
6 office designs so cool that you would want to quit your current job and apply
Facebook India Head Kirthiga Reddy steps down
Facebook India managing director of nearly six years, Kirthiga Reddy is relocating to the US in the next 6-12 months due to personal reasons.
PM Narendra Modi extols power of social media, says 'Make in India' would be successful
Facebook townhall with CEO Mark Zuckerberg will long be remembered for Modi breaking down as he spoke about his parents and especially his mother.
Facebook's Sheryl Sandberg returns to work after husband's death
Sandberg will operate on a limited schedule and suspend work-related travel temporarily, a spokeswoman for the Menlo Park, California-based company said.
Will take 100 start-ups to Silicon Valley, says Menlo Park Mayor Catherine Carlton
Carlton, who is leading a three-member delegation to Kerala, toured the Start-up Village incubator and interacted with the officials and young entrepreneurs.
After 100 million users in India, Facebook aims at 1 billion
Facebook, the world’s largest social media company, has crossed 100 million users in India — the second country, after the US, in which it has done so.
WhatsApp buyout to help Facebook expand presence in India
Facebook CFO David Ebersman said the focus is now on growing the platform over the next five years.
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