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Tag: Meta

All Finances

Microsoft to slash nearly 4,800 jobs as AI spending soars

July 6, 2026July 6, 2026 - by cmedia

IBNS-CMEDIA: Microsoft is laying off about 4,800 employees, or roughly 2.1 per cent of its global workforce, as the tech giant doubles down on artificial intelligence (AI) investments while looking …

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Children issues

India: Meta under government scrutiny as Instagram ads allegedly promote child sexual abuse content

July 6, 2026July 6, 2026 - by cmedia

IBNS-CMEDIA: The Centre has issued a notice to Meta over alleged child sexual exploitation and abuse material (CSEAM) appearing in paid advertisements on Instagram, directing the social media giant to …

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All Finances

Meta invests $900 million in CRED; founder Kunal Shah named new WhatsApp chief

June 22, 2026June 22, 2026 - by cmedia

IBNS-CMEDIA: Meta Platforms has invested $900 million (approximately ₹8,550 crore) in Indian fintech startup CRED as part of the company’s Series H funding round, marking one of the social media …

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All Finances

Meta employees asked to ‘work from home’ followed by job cut emails

May 21, 2026May 21, 2026 - by cmedia

IBNS-CMEDIA: Employees at Meta Platforms woke up to an unusual message on Wednesday: work from home for the day. There were no large internal meetings, no packed office floors and …

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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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Canadian Media is a digital news publication covering both national and international developments on varied segments of society and public life such as Health, Politics, Business, Education, Environment, Entertainment, Biodiversity, Science & Research, First Nations, humanitarian crisis, gender issues, etc. It aims to present news in an objective and unbiased way. Our primary focus is Canada and India besides the world at large.  

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