A 3D printed Facebook’s new rebrand logo Meta is seen in front of displayed Google logo in this illustration taken on November 2, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register SEOUL, Sept 14 (Reuters) – South Korea levied millions of dollars in fines on Alphabet’s (GOOGL.O) Google and Meta Platforms (META.O)for privacy law violations, authorities said on Wednesday, as Meta considers fighting the decision in court. In a statement, the… Source link
Read More »Meta CEO Mark Zuckerberg is ‘derailing right in real-time’
Leadership expert and former Medtronic CEO Bill George ripped Meta CEO Mark Zuckerberg in a wide-ranging interview with Yahoo Finance Live (video above). “Facebook and Mark are not grounded in values, so he is all over the map,” the corporate insider said in a scathing assessment of Zuckerberg’s leadership as CEO. George, known for his very successful stint as Medtronic’s CEO from 1991 to 2001, is the author of new leadership book “True North: Emerging Leader Edition.” In the book, George and… Source link
Read More »Meta to set up new group for more paid features on Instagram, Facebook
DUBAI: The Dubai Business Women Council organized the “Women in Media” forum in collaboration with MBC Group, to discuss the role that media organizations can play in increasing the representation and accountability of women in media. The event is part of the council’s #DBWCFORUMS initiative, which includes a series of talks that aim to raise awareness about the challenges and opportunities for women in different industries. During the event, MBC Group and DBWC signed a… Source link
Read More »Apple and Meta need to win over the enterprise if the metaverse is going to succeed
This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, Aug. 31, 2022 Consumers still don’t know what the metaverse is The battle for the future of the metaverse will kick into high gear next year when Apple (AAPL) is expected to drop its first AR/VR headset. The device, which will reportedly be called either the Reality One or Reality Pro… Source link
Read More »Google, Meta and Others May Soon Need to Disclose Pay on California Job Listings
Updated Aug. 30, 2022 4:57 pm ET Listen to article (2 minutes) California may soon require nearly all employers hiring in the state to begin listing pay on job postings, a move that could affect many of the biggest U.S. companies. A bill passed by the California legislature mandates that all organizations with 15 or more employees include the hourly pay or salary range on job listings in the state. It also calls for companies to disclose more information to the state on the wages of existing… Source link
Read More »Virtual reality jobs die down at Meta, Google amid hiring freeze: Report
The virtual reality (VR) job postings at Meta have shockingly died down, as its Founder and CEO Mark Zuckerberg places a $10 billion bet on building his metaverse dream, a new report has shown. The VR job postings have also slowed down at other Big Tech companies like Apple and Google amid the hiring frezz and layoff season owing to the global economic meltdown,… Source link
Read More »Meta earnings miss expectations, net income plummets 36%
Facebook parent company Meta (META) reported its Q2 2022 earnings after the closing bell on Wednesday, falling shy of analysts’ expectations, and missing by a wide margin on its Q3 revenue forecasts. The quarter also marked the first year-over-year revenue decline for the social media company. Net income also fell 36% year-over-year. Here are the most important numbers from the report versus what analysts were expecting, as compiled by Bloomberg. Revenue: $28.8 billion versus $28.9 billion… Source link
Read More »Why Amazon is suing the heads of 10,000 Facebook groups instead of Meta
Amazon (AMZN) has been fighting fake reviews on its e-commerce platform for years, and now it’s taking the battle to court. On Tuesday, the tech giant announced that it has filed a lawsuit against the administrators of some 10,000 Facebook groups it claims are dedicated to fake review scams. The move is meant to tamp down on fake review brokers and the individuals who participate in such schemes. The reason for such a concerted effort? Protecting both consumers who purchase products based… Source link
Read More »SOS: Oh, the humanity, or lack thereof in Google, Meta customer ‘help’ | Just Ask Us
Editor’s note: This SOS column is one in an occasional series highlighting companies that prove themselves unresponsive, unhelpful or uninterested in explaining themselves. Tech giants Google and Meta offer a lot of online, automated help for customers who run into trouble with their products. But good luck finding an actual, named human employee to do what the machines can’t (or won’t). Chris Hornung, 70, formerly of rural Verona, emailed SOS in March to say YouTube had… Source link
Read More »Meta could be ‘bracing for a tornado-like quarter’: Wedbush’s Dan Ives
Meta (META) could be bracing for a “tornado-like quarter,” says Wedbush Managing Director Dan Ives. The social media giant, like other tech companies, is scaling back hiring plans as it braces for an economic downturn. This week Meta’s founder and CEO Mark Zuckerberg said the company would cut back its hiring target for this year by at least 30%. “If I had to bet, I’d say that this might be one of the worst downturns that we’ve seen in recent history,” Zuckerberg told employees during a weekly… Source link
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