Facebook owner Meta Platforms was fined $1.3 billion by EU privacy regulators for sending user information to the U.S., according to people familiar with the matter on.wsj.com
@WSJ2 years ago
Facebook parent Meta has told employees that it will be implementing a hiring freeze and will be taking more steps to reduce the company’s costs, according to people familiar with the matter on.wsj.com
@WSJ2 years ago
Meta is paying BuzzFeed millions of dollars to bring more creators to Facebook and Instagram, people familiar with the matter say on.wsj.com
@WSJ3 years ago
Meta has begun telling publishers in the U.S. that it won’t renew contracts to feature their content in its Facebook News tab, according to people familiar with the matter, phasing out deals that paid some outlets tens of millions of dollars on.wsj.com
@WSJ2 years ago
Breaking: Mark Zuckerberg said Meta layoffs will start Wednesday, telling executives he was overoptimistic about growth, people familiar with the matter say on.wsj.com
@WSJ3 years ago
Peter Thiel plans to leave the board of Facebook parent Meta, where he was the first outside investor and a director since 2005. Thiel intends to focus on helping GOP candidates in the midterm elections, a person familiar with the matter said. on.wsj.com
@WSJ2 years ago
Breaking: Facebook parent Meta plans to begin laying off thousands of employees this week, people familiar with the matter said on.wsj.com
