Sandhya Devanathan appointed as Meta's new India Head | All you need to know
World | Dec 17, 2022, 01:15 PM ISTSandhya Devanathan's appointment is a part of a major rejig in Meta globally amid facing legal trouble in several countries.
Sandhya Devanathan's appointment is a part of a major rejig in Meta globally amid facing legal trouble in several countries.
The company has given charge of Meta India Public Policy to Shivnath Thukral who is currently serving as Director of WhatsApp Public Policy in India.
Amazon will also become the latest technology company to lay off employees, which only recently, it had been fighting to retain. Earlier this year, the e-commerce giant more than doubled the cash compensation cap for its tech employees, citing "a particularly competitive labour market."
Meta Layoffs: In one of the worst lay-offs ever in the tech industry, Meta Founder and CEO Mark Zuckerberg sacked more than 11,000 employees -- about 13 per cent of the global workforce - and extended hiring freeze through Q1 2023.
Meta's Chief Executive- Mark Zuckerberg has apologised to its fired employees for laying off more than 13% of its workforce from the tech giant. The action has been taken post reviewing the revenue of the company which kept falling continuously in 2022. Here is the complete statement Mark.
Meta has started the major job cut from today onwards and removed 11000 workforces to cut the costs of the company. Mark Zuckerberg said that the company will be paying 16 weeks of base salary along with two additional weeks of salary for each year of service provided to the organisation.
The "large-scale" job cuts, to begin from Wednesday, could affect "thousands" of workers, according to a report from The Wall Street Journal.
Meta's disappointing results followed weak earnings reports from Google parent Alphabet Inc. and Microsoft this week.
WhatsApp has restored its services after witnessing the longest-ever outage. Both the app and web versions are now working and you can send and receive messages. The platform was unserviceable for almost two hours. Here is everything you need to know.
Meta has stated that its AI-powered speech-to-speech translation system will also support unwritten languages, as a part of company;s Universal Speech Translator (UST) project. The system has been designed for Hokkien, a primarily oral language of the Chinese diaspora, which lacks in writing form.
Meta's CEO and Founder- Mark Zuckerberg has revealed a new campaign in which they have been mocking Apple and criticising them for providing end-to-end encryption only, for iMessage and not for regular SMS communication. Whereas, WhatsApp has been providing total protection to its user.
Flipkart, in partnership with Edao has launched global art, media and entertainment IPs at scale into the world of Web3. The company announced the launch of Flipverse - a metaverse space where consumers can discover products in a photorealistic virtual destination and shop on the Flipkart App.
Meta's Horizon Worlds, is a social VR experience where you can discover new places with friends, build unique worlds of your own, and form teams to compete. The platform has been reportedly witnessing a decline of monthly active users- going down from 300,000 in February to less than 200,000 users.
Recently, Meta and Microsoft partnered to deliver immersive experiences in virtual reality. The partnership has brought Teams and Microsoft's other tools to the VR headsets, and Meta will get a partner in its grand metaverse plan. The company has claimed to provide Windows 365 on Meta Quest devices.
A Russian court in March had banned Facebook and Instagram in the country, labelling its parent company Meta as “extremist” amid the Kremlin’s crackdown on western social media giants.
Meta founder and CEO Mark Zuckerberg lost close to 119 million followers on Facebook. He was among a score of people who faced the same issue.
Mark Zuckerberg will be announcing the progress of the company and will be building the $10 billion metaverse. As per the internal reports, there are a number of quality issues the company has been working on and building the virtual reality (VR) social network.
It has been reported that companies across the globe will include those in non-tech sectors of the world. They are now increasingly investing in technology for brand awareness expansion, better engagement with customers and identification of new revenue streams.
Meta has been reportedly planning to bring more advertisers across Facebook and Instagram, to boost the revenue of the platform. Hence, Instagram users will be seeing more advertisements than usual on the platform. Meta has added two new ad slots on the platform.
More than 50 per cent of surveyed shoppers engage with video content as much or even more during Diwali compared to other times of the year while 83 per cent of Diwali shoppers have consumed short user-generated videos on Meta technologies- Facebook, WhatsApp, Messenger and Instagram.
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