MARK ZUCKERBERG

The launch comes the same week that the company laid off about 10,000 workers.

New York GOP Rep. Claudia Tenney is reintroducing the "End Zuckerbucks Act" to prevent 501(c)(3) tax-exempt organizations from funding official election organizations.

Facebook parent Meta is slashing 10,000 jobs, about as many as the social media company announced late last year in its first round of cuts, as uncertainly about the global economy hits the technology sector particularly hard. In addition to the layoffs, Meta said Tuesday that it would not fill 5,000 open positions. Meta and other tech companies have been hiring aggressively for at least two years and in recent months have begun to let some of those workers go. Zuckerberg has invested tens of billions of dollars building out its metaverse, its virutal reality concept, and renamed the company Meta, signaling a new focus for Facebook. The biggest tech companies in the U.S. are cutting costs elsewhere, too.

The comment comes after Meta announced it's laying off another 10,000 workers. "This will be tough and there's no way around that," Zuckerberg wrote.

Meta CEO Mark Zuckerberg announced the company is cutting another 10,000 jobs after it laid off 11,000 workers late last year.

Zuckerberg said funding low-priority projects is costly and company functions better as leaner organization.

Facebook’s parent Meta will slash another 10,000 jobs and will not fill 5,000 open positions as the social media pioneer cuts costs.

Senators Ed Markey (D-Mass.) and Richard Blumenthal (D-Conn.) wrote to Meta CEO Mark Zuckerberg, urging him to call off a reported plan for Horizon Worlds.

Good afternoon, Chicago. Here's what is happening today.

Northwestern, UChicago and UIUC beat out proposals from about 60 other teams across the country to win the funding.

Meta Platforms (META) is muscling its way into a heated AI arms race just as competitors Microsoft (MSFT) and Alphabet (GOOGL) are making big strides.

Companies are spotlighting the metaverse at the MWC tech fair even as doubts of its viability have been creeping in following the initial hype.

This year has, so far, been something of a Jekyll and Hyde market for equities.

Meta's foray into generative AI follows a rush into the technology after chatbot ChatGPT went viral following its release in November.

Meta will create a new product group inside the company focused on generative AI, CEO Mark Zuckerberg said.

The latest folding-screen smartphones, immersive metaverse experiences, AI-powered chatbot avatars and other eye-catching technology are set to wow visitors at the annual MWC wireless trade fair.

The model, called LLaMA, is intended to help scientists and engineers explore applications for AI such as answering questions and summarizing documents.

An election integrity group is calling on Georgia election officials to investigate a donation from a Zuckerberg-linked group that they believe violates state law.

Big Tech’s new business model is making you pay for security and basic customer service. That’s called a protection racket when mobsters do it.

The Facebook parent company plans to push some leaders into lower-level roles, flattening layers of management at the social media giant

Meta Platform's (META) new subscription service could boost profitability at the Facebook parent, leading to further upside for the stock.

A Bank of America (BoFA) research note estimates that Meta's Verified subscription service could generate $1.7 billion "in high-margin revenue in 2024."

Facebook and Instagram’s subscription service is really aimed at helping influencers go viral. That might also boost spam.

In a Facebook post​, CEO Mark Zuckerberg said the new verification system called "Meta Verified" will cost $11.99 month on web or $14.99 a month for iPhone users.

Meta announced a new paid verification subscription service for $11.99 a month on the web and $14.99 a month on iOS.

Subpoenas have been sent to the chief executives of the five largest tech companies as congressional Republicans moved to investigate what they assert is widespread corporate censorship of conservative voices.

House Judiciary Committee Chairman Jim Jordan subpoenaed the chief executive officers of Google, Amazon, Facebook and more for documents on “collusion” with Big Tech companies.

As the ranks of America’s super wealthy grow, the roster of major philanthropists is expanding to include not-so-typical megadonors — among them, a professional clarinetist, a Ph.D. in meat science, and a lawyer who regularly argues before the U.S. Supreme Court.

Talk of “efficiency” might please investors for a while, but companies will need to make deeper changes to their culture to thrive long term.

A federal judge has sided with Facebook parent Meta and cleared the way for the company to buy virtual reality startup Within Unlimited, the maker of the popular fitness app Supernatural.

Market moves suggest we could be in the early days of a new bull market, particularly if Fed Chair Jerome Powell is able to engineer a soft landing.

Facebook is one of the most popular social media platforms in the world. On this day in history, Feb. 4, 2004, Mark Zuckerberg launched what we know today as Facebook.

Cost cuts have replaced growth on Wall Street's checklist, and tech executives are being celebrated for efficiency over innovation.

Jim Cramer said Facebook parent Meta Platforms' most recent quarter illustrates why investors shouldn't always sell stocks that get hammered.

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

Meta Platforms saw a slew of analyst upgrades as shares rose nearly 20% off the backs of a better-than-anticipated earnings report and optimistic commentary.

These are the stocks posting the largest moves in premarket trading.

A growing chorus wanted him to shift attention from the metaverse. Meta’s latest results showed he could listen.

Meta Platforms (META) reported a fourth-quarter earnings beat Wednesday, while CEO Mark Zuckerberg labeled 2023 the "year of efficiency."

Meta shares rallied on Thursday after the company reported better-than-expected revenue and told investors that it's getting more efficient.

Facebook parent company Meta has posted another quarter of declining revenue, hurt by a downturn in the online advertising market and competition from rivals such as TikTok.

Meta added active users in the fourth quarter, but revenue growth still slowed, and the social networking company is emphasize its cash-generation powers.

The FTC sued to block Meta's acquisition of Within in July, arguing Meta was using the deal "to buy its way to the top," rather than compete on the merits.

Facebook parent Meta is reporting results following a year in which the stock lost almost two-thirds of its value.

Meta, Apple, Google, Amazon and Snap are slated to report earnings this week, as an economic slowdown and Apple privacy changes weigh on prospects.

Job opportunities are abundant in the broader ecosystem of technology jobs, despite woes at the traditional tech giants, according to Indeed.

The spate of layoffs is a reaction to a hiring wave during the pandemic that got out of hand. But will it be an overreaction?

Allowing the former president back on the social platform would be risky, but both sides could use the revenue.

Elliott may make companies tremble but the sector’s top players are cash-generating machines and have little to fear for now.

Allowing the former president back on the social platform would be risky, but both sides could use the revenue.

Facebook founder Mark Zuckerberg is continuing an effort to invest millions of dollars to influence the way local election offices function, according to a new report.

Meta alleged that Voyager Labs was improperly creating fake accounts and scaping user data.

The Irish Data Protection Commission fined Meta over $400 million Wednesday after finding its Facebook and Instagram services breached EU privacy rules.

Company officials have discussed in recent months different strategies to avoid having a “Made in China” label, to avoid political blowback as well as tariffs.

Meta is betting big on virtual reality as an anchor technology for its metaverse, but VR isn't catching on yet within the mainstream.

Gut wrenching cutbacks will refocus the tech industry on things that go bleep-bleep. Plus a selection of the columnist’s best work in 2022.

It's been a dreary year for tech stocks — and for entrepreneurs' wealth.

Facebook’s corporate parent has agreed to pay $725 million to settle a lawsuit alleging the world’s largest social media platform allowed millions of its users’ personal information to be fed to Cambridge Analytica.

Mark Zuckerberg, the CEO of Facebook parent company Meta, is on the witness stand in a California courtroom as part of the U.S. antitrust regulators' effort to stop the tech giant from buying a virtual reality startup.

A prominent video game creator who helped lead Facebook’s expansion into virtual reality has resigned from the social networking service’s corporate parent after becoming disillusioned with the way the technology is being managed.

Facebook parent Meta is sparring with the U.S. Federal Trade Commission over its pending acquisition of virtual reality fitness company Within Unlimited in federal court in San Jose, California.

Federal regulators opened their campaign to block Facebook parent Meta’s acquisition of a virtual-reality company in a San Jose, California, courtroom.

Nonprofit organizations in Georgia are digging deep to ramp up their operations again after Election Day to inform voters about the closely watched runoff race for one of the state's Senate seats.

Donald Trump's suspension from Facebook and Instagram will stand for now despite his candidacy for president.

Facebook parent Meta is laying off 13% of its employees as it contends with faltering revenue and broader tech industry woes.

Elon Musk used his Twitter megaphone to appeal to “independent-minded voters” on Monday, urging them to vote Republican in Tuesday’s U.S. midterm elections, stepping into the country’s political debate that tech company executives have for years worked to stay out of so their platforms wouldn’t be seen as favoring one side over the other.

Social media platforms like Facebook, TikTok and Twitter say they're taking steps to prevent the spread of misinformation about voting and elections ahead of next month's midterms.

Facebook parent Meta struck back in its legal battle with federal regulators over its proposed acquisition of virtual-reality company Within Unlimited and its fitness app Supernatural.

Why is it so hard to build a metaverse avatar — a visual representation of ourselves in the digital world — that walks on two legs.

Facebook parent Meta has unveiled a high-end virtual reality headset with the hope people will soon be using it to work in the virtual reality of the still-elusive place called the metaverse.

A former manager for a Silicon Valley security business has testified at a sheriff’s civil corruption trial that he and the company’s CEO agreed to provide political donations in exchange for concealed-weapons permits.

The UFC is holding its next fight show without fans or media members in attendance, and the mixed martial arts promotion isn’t saying why.

Law enforcement officials says authorities are examining whether the employee who reported an explosion at Northeastern University may have lied to investigators and staged the incident.

Facebook’s corporate parent has reached a tentative settlement in a lawsuit alleging the world’s largest social network service allowed millions of its users’ personal information to be fed to Cambridge Analytica, a firm that supported Donald Trump’s victorious presidential campaign in 2016.

Amazon appears to be getting the TikTok bug, joining other companies seeking to hold consumers’ attention by introducing replicas of the popular social platform.

Facebook owner Meta is quietly curtailing some safeguards designed to thwart voting misinformation or foreign interference in elections even as the U.S. midterms approach.

When camp counselor Allie Tarantino was flipping through a magazine years ago, he came upon a familiar name: Mark Zuckerberg.

Meta Platforms says it will no longer pay U.S. news organizations to have their material appear in Facebook's News Tab as it reallocates resources in the economic downturn.

Federal regulators have taken legal action to block Facebook parent Meta and its CEO Mark Zuckerberg from acquiring virtual reality company Within Unlimited and its fitness app Supernatural.

Google’s revenue growth during the past quarter decelerated to its slowest pace in two years as advertisers reined in their spending amid fears of an economic recession.

Facebook is rolling out an update that enables its 2 billion daily users to more easily view their friends’ posts in chronological order.

Sheryl Sandberg, the No. 2 executive at Facebook owner Meta, who helped turn its business from startup to digital advertising empire while also taking blame for some of its biggest missteps along the way, is stepping down.

Social media has had a rough 2022 with lingering questions about advertising spending and a $44 billion takeover of Twitter that may or may not be happening, depending on which Elon Musk tweet you read.

The District of Columbia has sued Meta chief Mark Zuckerberg.

A major New York pension fund that has invested in both Facebook’s corporate parent and Twitter believes it’s time to shake up the companies’ boards of directors because of their inability to keep violent content off their influential social media services.

WhatsApp parent Meta is moving forward with its push to attract businesses to its popular chat app.

A British parliamentary committee scrutinizing draft online safety legislation has invited Elon Musk to discuss his plans to buy Twitter and the changes he’s proposing for the social media platform.

A Senate hearing on Wednesday is likely to produce fireworks as Republicans and Democrats square off over the role that foundations and nonprofits are playing in elections.

The nonprofit that distributed most of the $350 million in donations from Facebook founder Mark Zuckerberg to election offices in 2020 says it won’t disburse similar donations this year.

Mississippi is the latest Republican-led state to ban election offices from accepting donations from private groups for voting operations.

Georgia senators are scrapping further big changes in state election law.

A new report has found that Facebook failed to detect blatant hate speech and calls to violence against Myanmar's Rohingya Muslim minority in advertisements submitted to run on its platform.

Lawmakers have made good on their threat to seek a criminal investigation of Amazon, asking the Justice Department to investigate whether Amazon and its senior executives obstructed Congress or violated other laws in testimony on its competition practices.

A handful of Americans donated at least $1 billion to charity last year, according to the Chronicle of Philanthropy’s annual ranking of the 50 Americans who gave the most to charity in 2021.

The clear skies greeting Olympic athletes in Beijing this month is a stark change from just a decade ago when the city’s notorious air pollution often made it difficult to make out nearby buildings.

A Silicon Valley billionaire and advisor to former President Donald Trump is leaving the board of directors of Facebook parent company Meta.

Meta is putting a lot of virtual eggs — and billions of dollars — into the metaverse basket, and Wall Street is spooked.

Meta, the company that owns Facebook, Instagram and WhatsApp, saw its stock plunge in after-hours trading after reporting a rare decline in its fourth quarter profit due to a sharp increase in expenses.

With Valentine’s Day approaching, are you planning a date at home with your loved one? Perhaps a movie night is in order.

Dakota and Navajo actor Dallas Goldtooth joins other influencers — people who have earned the community’s trust — in a two-phase public outreach effort by nonprofit organizations IllumiNative, the Urban Indian Health Institute, and 13 Native groups in states including Alaska, Minnesota, and California.