Fetishizing a company is easy to do when you consider Zuckerberg made himself and the first shareholders … [+]It’s fabulously rich thanks to a series of brilliant moves during Facebook’s growth phase. (Photo by Kevork Djansezian/Getty Images) Getty Images Virtual reality is finally ready for the masses. Unfortunately, the masses are still not ready for …
| Getty Images Key points to remember Ad revenue has started to slow as fears of a 2023 recession grow. By creating the metaverse, Meta continues to lose large sums of money, some $9.4 billion in the first nine months of 2022. There are no signs of a slowdown in spending, which will impact the …
Meta Layoffs – Facebook continues to cut costs by reducing its workforce Read More »
Facebook’s parent company Meta is abandoning offices it rented in New York’s Hudson Yards complex – the latest sign of belt-tightening at the Silicon Valley-based tech giant that recently laid off thousands of workers. ’employees. Meta will vacate 250,000 square feet of office space at 30 and 55 Hudson Yards, though it will maintain the …
Meta abandons offices at Hudson Yards as tech giant cuts costs Read More »
