Meta Faces Wave of Lawsuits Over Mental Health Impact Meta, the parent company of Instagram and Facebook, is facing a barrage of lawsuits from more than three dozen states, alleging that its platforms’ “addictive” features are causing harm to teens’ mental health. The lawsuits, filed both at the federal and state levels, claim that Meta‘s […]
Strong ad show from Alphabet and Snap puts the spotlight on Meta In a surprising turn of events, both Alphabet, the parent company of Google, and Snap, the technology company behind Snapchat, surpassed third-quarter revenue expectations. This indicates that the increasing adoption of artificial intelligence (AI) is attracting marketers to digital platforms, even in an […]
The Meta Quest 3: A Significant Upgrade for Virtual Reality Gaming Just a year after introducing the Quest Pro as a pivotal element of its metaverse strategy, Meta (formerly known as Facebook) has surprised the market with the unveiling of the Quest 3. This new virtual reality headset is squarely aimed at gaming, boasting improved […]
Disrupted Meta rallies as AI-powered ad sales drive ‘monster’ forecast By Aditya Soni July 27, 2023 5:12 PM UTC Meta (META.O) shares surged nearly 8% on Thursday as a rosy revenue forecast showed that artificial intelligence was helping the social media giant boost engagement and ad sales even in an uncertain economy. Impressive Revenue Forecast […]
Meta Stock Soars While Twitter Struggles: Analyzing the Threads Launch July 11, 2023 By Introduction The launch of Meta‘s Twitter competitor, Threads, has created a stir in the social media landscape. Within just a few days, Threads gained 100 million users, surpassing the record set by ChatGPT. This achievement not only showcases Meta‘s ability to […]
Meta Platforms Inc Cuts Jobs in Final Round of Layoffs Meta Platforms Inc, formerly known as Facebook Inc, has conducted the last batch of its three-part round of layoffs, eliminating 10,000 roles, as part of its plan announced in March. The focus of the cuts was on non-engineering roles, including marketing, content strategy, enterprise engineering, […]
The Meta Implications of Business Layoffs Business layoffs cause more than just job loss. They have a ripple effect that impacts everyone involved and are often indicative of larger issues in the industry or economy. In recent years, layoffs have become more common across various industries, particularly in technology and media companies. As a current […]
