TikTok’s CEO used to work for Mark Zuckerberg as a Facebook intern. Just one decade later, he’s become one of Meta’s fiercest competitors
Shou Zi Chew was an intern at Facebook before he became Mark Zuckerberg’s biggest competitor as CEO of TikTok. Shou Zi Chew ...
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UFC CEO Dana White joins Meta's board of directors: 'Social media and AI are the future'
Dana White, President and CEO of Ultimate Fighting Championship (UFC), is stepping out of the octagon and into the tech boardroom. On Monday, it was announced that White would be joining Meta's ...
Meta to Cut 5% of Staff as Mark Zuckerberg Says He Will ‘Raise the Bar’
CEO Mark Zuckerberg said the job cuts are necessary as the company builds “the most important technologies in the world.” ...
Meta Layoffs Incoming As Zuckerberg Predicts “Intense Year”
Mark Zuckerberg warns that 5% of Meta workforce is going to be cut; and "low performers" will be targeted first.
How TikTok's demise could boost Meta, YouTube, and other rivals
YouTube and its Shorts platform should also gain from TikTok’s loss. According to Morgan Stanley managing director Brian Nowak, every 10% of the time users would have spent on TikTok that goes to ...
Meta's performance-based cuts could kick off a wider trend in tech
Firing low performers isn't standard in tech just yet — but that could change.
Meta expected to lay off 5 percent of workforce ahead of ‘intense year’
Meta is planning to lay off about 5 percent of its workforce by targeting the company’s lowest performers in preparation for ...
Facebook Parent Meta Platforms To Lay Off 5% Of Staff; CEO Mark Zuckerberg Warns Of “Intense” Year Ahead
Facebook and Instagram parent Meta Platforms plans to lay off about 5% of its workforce, with CEO Mark Zuckerberg warning of ...
Nvidia CEO Kills Quantum Rally, Then Reignites It: Rigetti Has The Most Upside
Rigetti Computing shows promise but is risky due to high short interest. Find out why RGTI stock may be suitable for ...
Meta cutting 5% of workforce based on performance
Meta, the parent company of Facebook and Instagram, is cutting the lowest-performing 5% of its workforce and plans to fill ...