Mark Zuckerberg

Mark Zuckerberg News

Why Mark Zuckerberg can fire 11,000 workers but Meta’s shareholders can't dump him
World

Why Mark Zuckerberg can fire 11,000 workers but Meta’s shareholders can't dump him

Mark Zuckerberg, who owns about 13.6 per cent of Meta shares, is entrenched due to what is known as a dual-class share structure. This allows him to control more than 57 per cent of votes — meaning the only way he can be removed as chief executive is if he votes himself out

Sacked 2 days after joining, fired during maternity leave: How Meta layoff has affected its desi employees
World

Sacked 2 days after joining, fired during maternity leave: How Meta layoff has affected its desi employees

In one of the worst layoffs in the tech industry, Meta has fired 11,000 employees, around 13 per cent of its workforce. Among the most heartbreaking stories is that of an Indian who migrated to Canada only to be sacked on the second day of the job

Why is Meta laying off employees? What next for Facebook parent company?
Explainers

Why is Meta laying off employees? What next for Facebook parent company?

Former employees will receive 16 weeks of base pay, plus two additional weeks for every year with the company, CEO Mark Zuckerberg said in his letter to employees. Health insurance for those employees and their families will continue for six months

'Unfortunately, this did not play out the way I expected': Mark Zuckerberg as Facebook parent Meta cuts 11,000 jobs
World

'Unfortunately, this did not play out the way I expected': Mark Zuckerberg as Facebook parent Meta cuts 11,000 jobs

Mark Zuckerberg said Meta employees, who have lost their job, will receive 16 weeks of base pay along with two additional weeks for every year with the company

Meta CEO Mark Zuckerberg loses over 100 million followers on Facebook, here's what the company said
Business

Meta CEO Mark Zuckerberg loses over 100 million followers on Facebook, here's what the company said

Zuckerberg is not the only person who has lost followers on Facebook. Popular users who have experienced the same include exiled Bangladeshi author Taslima Nasreen

Meta is now a terrorist organisation in Russia, Financial Monitoring Agency adds tech giant to terror watchlist
News & Analysis

Meta is now a terrorist organisation in Russia, Financial Monitoring Agency adds tech giant to terror watchlist

Russia's financial monitoring agency, Rosfinmonitoring, has added Meta to its list of ‘terrorist and extremist’ organisations. Meta and its founder Mark Zuckerberg were found guilty of allowing posts on Facebook and Instagram that called for violence against the Russian military.

WhatsApp to roll out new Call Link feature; here’s how to access it
How To

WhatsApp to roll out new Call Link feature; here’s how to access it

The best thing about using Call Links for call invitations is that participants who are not on your contact list can join the call.

Mark Zuckerberg, Priscilla Chan announce 3rd pregnancy; to welcome 'baby girl' next year
Entertainment

Mark Zuckerberg, Priscilla Chan announce 3rd pregnancy; to welcome 'baby girl' next year

After 10 years of marriage, the parents of two daughters, Mark and Priscilla are ready to become parents for the third time.

Donald Trump claims Mark Zuckerberg visited the White House 'last week' to have dinner with him
World

Donald Trump claims Mark Zuckerberg visited the White House 'last week' to have dinner with him

The former US president was likely referring to the 2019 dinner, which Mark Zuckerberg and tech billionaire Peter Thiel attended at the White House

WhatsApp is yet to make a profit for Mark Zuckerberg and Meta, may be sold this year
News & Analysis

WhatsApp is yet to make a profit for Mark Zuckerberg and Meta, may be sold this year

Both Meta and Mark Zuckerberg are going through a tough time. On top of that, it seems that one of Zuckerberg’s biggest investments, WhatsApp hasn’t brought him or his co-investors any money. Rumours are, that Meta may be forced to sell the app this year.

Who is Javier Olivan? Here’s everything you need to know about Meta’s new COO
News & Analysis

Who is Javier Olivan? Here’s everything you need to know about Meta’s new COO

Meta (formerly Facebook) announced that Javier Olivan will be taking over Sheryl Sandberg’s responsibilities once she completes stepping down from her position as COO. Olivan was instrumental in Facebook’s expansion and consolidation, especially in Latin America.

'Time for me to write the next chapter of my life': Meta's Sheryl Sandberg to step down after 14 years
World

'Time for me to write the next chapter of my life': Meta's Sheryl Sandberg to step down after 14 years

Sheryl Sandberg, 52, has been one of the most influential women in Silicon Valley and her departure comes as the social media juggernaut faces an uncertain future and fierce competition

Russia bars entry to Kamala Harris, Mark Zuckerberg in latest restrictions on US and Canadian figures
World

Russia bars entry to Kamala Harris, Mark Zuckerberg in latest restrictions on US and Canadian figures

The Russian foreign ministry said the travel restrictions on 29 Americans and 61 Canadians would remain in effect indefinitely

WhatsApp to introduce Communities. What’s this feature and how is it different from groups?
World

WhatsApp to introduce Communities. What’s this feature and how is it different from groups?

Communities on WhatsApp will help users manage groups better and organise their chats. Announcing that the feature is in the testing phase, Mark Zuckerberg called it a ‘major revolution’

Billionaire venture capitalist Peter Thiel to leave Meta board; no word on future plans
World

Billionaire venture capitalist Peter Thiel to leave Meta board; no word on future plans

The Wall Street Journal and the New York Times have reported that Facebook's first outside investor would focus on aiding Republican candidates backing ex-president Donald Trump's agenda in the midterm elections

Meta, formerly Facebook, faces historic drop as stock tanks by 26%
World

Meta, formerly Facebook, faces historic drop as stock tanks by 26%

Since Meta took on its new name last fall, the company has been shifting resources and hiring engineers who can help Mark Zuckerberg realise his vision

Case registered against Mark Zuckerberg 'defamatory' Facebook post on Akhilesh Yadav, dropped later
India

Case registered against Mark Zuckerberg 'defamatory' Facebook post on Akhilesh Yadav, dropped later

A senior police official said that during the course of investigation Zuckerberg's name was dropped, while probe is being carried out against the administrator of the Facebook page that attempted to 'tarnish' the image of the SP chief

Facebook whistleblower says she wants to 'start a youth movement'
World

Facebook whistleblower says she wants to 'start a youth movement'

Ex-Facebook engineer Frances Haugen plans to tour universities next year and inspire the movement

Facebook and its CEO is facing a new antitrust lawsuit from founders of defunct startup Phhhoto
News & Analysis

Facebook and its CEO is facing a new antitrust lawsuit from founders of defunct startup Phhhoto

The founders claim that after Zuckerberg approached them about a partnership, no deal materialized, instead Facebook launched a competing product that mirrored Phhhoto’s features.

Meta: Facebook's high-stakes bet to save itself, take control of the internet's future
World

Meta: Facebook's high-stakes bet to save itself, take control of the internet's future

Zuckerberg argued the name demonstrates the company's commitment to building its "metaverse," a virtual reality version of the internet that would make online experiences — like chatting or attending a concert — feel face-to-face