Tag Archives | Facebook

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Meta CEO Mark Zuckerberg kicks off developer conference with focus on AI

Meta CEO Mark Zuckerberg has kicked off the tech giant’s Connect developer conference in California with a focus on virtual and augmented reality and artificial intelligence. The company behind Facebook, which renamed itself Meta two years ago, unveiled the next version of its virtual reality headset, the Quest 3. It will cost 499 US dollars […]

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Meta Ireland to cut about 490 jobs

Facebook owner Meta is to make approximately 490 full-time employees redundant across its Irish operations. The roles are being cut from a number of teams including finance, sales, marketing, analytics, operations and engineering. Employees at Meta Ireland were notified on Wednesday they were potentially impacted by a global restructuring which was announced by CEO Mark […]

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Meta sells Giphy to Shutterstock for £46m after UK blocked GIF platform purchase

Shutterstock has said it is buying Giphy from Meta Platforms for 53 million dollars (£46 million), the final step to unwind a deal blocked by British regulators over competition concerns. The stock image service said it is paying cash for the GIF-sharing platform, which has 1.7 billion daily users and partners including Facebook, Instagram, WhatsApp, […]

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Facebook parent company fined 265 million euro by Irish data watchdog

Tech giant Meta has been fined 265 million euro by Ireland’s data protection watchdog for breaching EU data privacy laws. The Data Protection Commission (DPC) issued the sanction against the Facebook parent company for failing to protect millions of Facebook users’ personal data, such as telephone numbers and email addresses, from being “scraped” and published […]

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