Mark Zuckerberg
After getting slammed by the Kardashians, Instagram CEO puts out a video to explain changes to the app
Adam Mosseri, CEO Instagram Courtesy: Adam Mosseri Instagram head Adam Mosseri shared a video on Twitter Tuesday explaining recent changes to the social media platform, a day after celebrities like Kylie Jenner and Kim Kardashian criticized the app for “trying to be TikTok.” Mark Zuckerberg, CEO of Meta, which owns Facebook and Instagram, has been […]
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Sisters Kylie Jenner and Kim Kardashian urge Instagram to stop copying TikTok
Kylie Jenner on May 03, 2019 in New York City. Pierre Suu | GC images | Getty Images Celebrity sisters Kylie Jenner and Kim Kardashian criticized Instagram on Monday, urging the app to stop mimicking rival TikTok. To their hundreds of millions of Instagram followers, Jenner and Kardashian posted a message that read, “Make Instagram […]
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Facebook’s stumbling ad business lies at the center of Big Tech earnings week
The logo of Meta Platforms is seen in Davos, Switzerland, May 22, 2022. Arnd Wiegmann | Reuters It’s earnings palooza week for Big Tech, with the four most valuable U.S. companies plus Meta all reporting quarterly results. Alphabet and Microsoft kick off the action on Tuesday, with Apple and Amazon wrapping things up on Thursday. […]
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Facebook goes old school with a new feed that favors friends and family
Facebook is launching a new feature on Thursday that lets users see posts in reverse chronological order rather than content that’s been ranked by an algorithm. Called “Feeds,” the tool is a dedicated tab in the Facebook app that shows all the latest posts from users’ friends. The main news feed will now be known […]
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Facebook cuts hundreds of custodial jobs after ending contract with facility management vendor
Facebook parent Meta has cancelled a contract with custodial workers at its Silicon Valley headquarters, resulting in hundreds of job cuts later this month. Meta informed facilities management vendor ABM Industries of the cancellation in mid-June, and the cuts will go into effect on July 25, according to documents filed with the state of California’s […]
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Meta nudges its big VR push another step away from the Facebook legacy
Mark Zuckerberg, chief executive officer of Facebook Inc., speaks during the virtual Facebook Connect event, where the company announced its rebranding as Meta, in New York, U.S., on Thursday, Oct. 28, 2021. Michael Nagle | Bloomberg | Getty Images Meta is introducing a new way for people to log in to virtual reality headsets without […]
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Stocks making the biggest moves premarket: Kohl’s, Micron, Apple and more
Check out the companies making headlines before the bell: Kohl’s (KSS) – Kohl’s tumbled 17.9% in premarket trading after the retailer confirmed an earlier CNBC report that it ended talks to be bought by Vitamin Shoppe parent Franchise Group (FRG). Kohl’s said the deteriorating retail and financial environment presented significant obstacles to concluding a deal. […]
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Mark Zuckerberg envisions a billion people in the metaverse spending hundreds of dollars
Meta Platforms CEO Mark Zuckerberg told CNBC’s Jim Cramer on Wednesday that the metaverse could be a considerable part of the social-network operator’s business in the second half of the decade. “We hope to basically get to around a billion people in the metaverse doing hundreds of dollars of commerce, each buying digital goods, digital […]
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Mark Zuckerberg showed these prototype headsets to build support for his $10 billion metaverse bet
The company formerly known as Facebook is going to spend $10 billion this year on research and development on virtual reality and augmented reality technologies, including computerized glasses or headsets. On Monday, Meta CEO Mark Zuckerberg showed off how much progress the social media company has made towards that goal by revealing many of the […]
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Stolen goods sold on Amazon, eBay and Facebook are causing havoc for major retailers
Over the past year, large-scale robberies have swept through stores like Louis Vuitton in San Francisco’s Union Square and a nearby Nordstrom, which was robbed by 80 people. Law enforcement and retailers have warned the public that this isn’t traditional shoplifting. Rather, what they’re seeing is theft organized by criminal networks. And there’s a reason […]
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