Facebook Owner Meta Will Reportedly Lower Engineering Hiring Target for 2022 to Around 6,000-7,000

Facebook Owner Meta Will Reportedly Lower Engineering Hiring Target for 2022 to Around 6,000-7,000

Facebook parent Meta Platforms has reportedly reduced its target for hiring engineers in 2022 to around 6,000-7,000, down from an initial plan to hire about 10,000 new engineers. According to Reuters, the statement comes Meta Chief Executive Mark Zuckerberg, who cited the figure during a weekly employee Q&A session on…

Trump’s App Truth Social Deal Goes Under Investigation as Digital World Acquisition Faces Subpoenas

Trump’s App Truth Social Deal Goes Under Investigation as Digital World Acquisition Faces Subpoenas

The company planning to buy Donald Trump’s new social media business has disclosed a federal grand jury investigation that, it says, could impede or even prevent its acquisition of the Truth Social app. Shares of Digital World Acquisition dropped 10 percent in morning trading on Monday as the company revealed…

US Tech Industry Fears Handing Over Data on Abortion to State Government After Verdict in Roe vs Wade Trail

US Tech Industry Fears Handing Over Data on Abortion to State Government After Verdict in Roe vs Wade Trail

The technology industry in the United States is bracing for the uncomfortable possibility of having to hand over pregnancy-related data to law enforcement, in the wake of the US Supreme Court’s decision on Friday to overturn the Roe vs Wade precedent that for decades guaranteed a woman’s constitutional right to…

Meta Is Expanding Its NFT Testing to Instagram Stories, Reveals Mark Zuckerberg

Meta Is Expanding Its NFT Testing to Instagram Stories, Reveals Mark Zuckerberg

Meta founder Mark Zuckerberg addressed creators on Wednesday announcing that the parent company of Facebook and Instagram will begin testing the display of non-fungible tokens (NFTs) on Instagram Stories using its augmented reality platform named Spark AR. After launching an initial test of NFT display options on Instagram back in…

Facebook-Owner Meta Launching High-Fashion Clothing Store for Avatars

Facebook-Owner Meta Launching High-Fashion Clothing Store for Avatars

Facebook-owner Meta Platforms is launching a digital clothing store where users can purchase designer outfits for their avatars, Chief Executive Mark Zuckerberg said on Friday. Initial fashion brands participating in the store launch will be Balenciaga, Prada, and Thom Browne, but Meta aims to make the store an open marketplace…

Meta Ex-COO Sheryl Sandberg Reportedly Being Investigated Over Use of Company Resources

Meta Ex-COO Sheryl Sandberg Reportedly Being Investigated Over Use of Company Resources

Lawyers are investigating Meta Platforms’ outgoing operations chief Sheryl Sandberg’s use of company resources over several years, the Wall Street Journal reported on Friday, citing people familiar with the matter. Several employees have been interviewed in connection with the investigation by Facebook-parent Meta, the WSJ reported, adding that the probe has…

Facebook, Google, Other Top Tech Firms Warn Indian Cybersecurity Rules May Create an Environment of Fear

Facebook, Google, Other Top Tech Firms Warn Indian Cybersecurity Rules May Create an Environment of Fear

Indian cybersecurity rules due to come into force later this month will create an “environment of fear rather than trust”, a body representing top tech companies has warned the government, calling for a one-year delay before the rules take effect. The Internet and Mobile Association of India (IAMAI), which represents…

Facebook Owner Meta Questions Necessity of Data Requests in EU Antitrust Investigations on Social Media App

Facebook Owner Meta Questions Necessity of Data Requests in EU Antitrust Investigations on Social Media App

Meta Platforms on Wednesday compared searches by EU antitrust regulators to a fishing super trawler as they investigate the owner of Facebook’s data and online marketplace. Meta says it has already handed over more than a million documents to the European Commission since its first request in 2019 regarding its…