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Tag: Meta

All Finances

Meta may kick off initial layoffs on May 20, report claims

April 18, 2026April 18, 2026 - by cmedia

IBNS-CMEDIA: The workforce in Meta Platforms is set for a sweeping overhaul with the tech giant aiming for the first wave of layoffs on May 20, Reuters reported. Layoffs plan and scale …

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All Finances / Technology

Meta on track to surpass Google in digital ad earnings, report suggests

April 14, 2026April 14, 2026 - by cmedia

IBNS-CMEDIA: IT giant Meta will overtake search engine giant Google in terms of total digital ad revenues by the end of 2026, both globally and within the US, as per market research firm Emarketer. …

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All Finances

Meta considering 20% workforce reduction to manage AI expenses: Report

March 14, 2026March 14, 2026 - by cmedia

IBNS-CMEDIA: Meta is planning a sweeping layoff that could impact at least 20 percent of its workforce, aimed at offsetting the rising cost of artificial intelligence infrastructure and preparing for …

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Technology

Meta acquires Moltbook, an AI-only social network where bots interact

March 12, 2026March 12, 2026 - by cmedia

IBNS-CMEDIA: Meta, the owner of social media platforms like Facebook and Instagram, has acquired the social media network Moltbook. According to a report by the BBC, the deal will bring …

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Technology

Meta ramps up AI expansion, partners NVIDIA for cutting-edge capacity

February 19, 2026February 19, 2026 - by cmedia

IBNS-CMEDIA: Meta Platforms, the parent company of Facebook, has announced a multi-year strategic partnership with NVIDIA to advance its long-term AI infrastructure roadmap. The large-scale deployment of NVIDIA technologies builds on the companies’ existing relationship …

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Technology

WhatsApp brings in stricter account controls for enhanced user security

January 28, 2026January 28, 2026 - by cmedia

IBNS-CMEDIA: Meta-owned WhatsApp has introduced an advanced security option that allows users to opt into stronger protections against hacking and surveillance, joining a growing list of US tech firms offering …

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Technology

The new Meta’s pres and Vice-chair, Dina Powell McCormick to help drive its next phase of growth

January 12, 2026January 12, 2026 - by cmedia

#Meta# Donald Trump# Dina Powell McCormick# President# Vice Chairman# Facebook# Meta Appointment IBNS-CMEDIA: Meta Platforms on Monday appointed Dina Powell McCormick, a former Trump administration adviser and veteran finance executive, …

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All Finances

Major IT firms with AI roles see layoffs of over 1,00,000 employees

November 2, 2025November 2, 2025 - by cmedia

#Microsoft# Meta# Amazon# Intel# IT Layoffs; #AI IBNS-CMEDIA: 2025 witnessed major IT firms further expanding their AI role, besides laying off over 1,00,000 employees across 218 companies, as per data …

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All Finances

Meta to lay off around 600 AI employees after $27 bn financing deal

October 22, 2025October 22, 2025 - by cmedia

#Meta# Superintelligence Labs# AI Jobs# Layoffs# AI layoffs IBNS-CMEDIA: Meta Platforms is sharpening its focus on artificial intelligence with plans to lay off around 600 employees across key AI units, as …

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Politics / US

‘Stay in the US, return within 24 hours if away’ Tech firms tell H-1B visa holders

September 20, 2025September 20, 2025 - by cmedia

#Donald Trump# Illegal Immigration# Immigration# H-1B Visa# United States# Meta# Microsoft Washington DC/IBNS-CMEDIA: Major tech firms like Meta, Microsoft have urged the H-1B visa holders to not leave the United …

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