Business News
Meta Lays Off Risk Employees As Technology Takes Over Jobs
The tech giant also cut 600 roles from the Superintelligence Labs division, its AI arm.
By Sherin Shibu
Meta
Business News
Meta Is Adding AI to Facebook Dating to Help ‘Anyone Tired of Swiping’ Find a Better Match
Hundreds of thousands of adults in the U.S. and Canada create Facebook Dating profiles every month, Meta claims.
By Sherin Shibu
Business News
Meta Just Unveiled New Smart Glasses With an Embedded Display — and an iPhone 17 Price Point. Here’s How They Work.
Meta CEO Mark Zuckerberg gave the keynote address at the Meta Connect event on Wednesday in Menlo Park, California.
By Sherin Shibu
Business News
Could a Universal Translator Soon Be a Reality? Apple, Meta, and Google Are All Working on It.
Universal translators show up in science fiction like "Star Trek" as gadgets that can translate any language.
By Sherin Shibu
Business News
Amazon Is Developing Smart Glasses for Consumers to Take on Meta’s Bestselling Ray-Bans
Amazon is working on two kinds of smart glasses, one for the general public and another for its delivery drivers, according to a new report.
By Sherin Shibu
Business News
Mark Zuckerberg Reportedly Made One Person a $1.5 Billion Job Offer — and Was Rejected. Here’s How Google, Microsoft, and OpenAI Are Competing with Meta in the AI Talent Wars.
New Meta hires have accepted compensation packages worth hundreds of millions of dollars.
By Sherin Shibu
Business News
AI Contractors at Meta Could See Users’ Personal Data, Including Selfies
Multiple contractors reported that they could view details, including phone numbers, email addresses, and hobbies.
By Sherin Shibu
Business News
Here’s Why Meta’s Earnings Were Better-Than-Expected, According to CEO Mark Zuckerberg
Meta stock reached a record high after the tech giant reported its second-quarter earnings on Wednesday.
By Sherin Shibu
Business News
Microsoft Just Became the Second Company in History to Achieve a $4 Trillion Valuation — Here’s How
The jump in valuation followed a better-than-expected earnings report on Wednesday.
By Sherin Shibu
Business News
Here’s How Meta’s AI Superintelligence Effort Is Different From ‘Others in the Industry,’ According to Mark Zuckerberg’s New Blog Post
In a letter published on Wednesday, the Meta CEO said that the company's goal is to bring personal superintelligence to everyone.
By Sherin Shibu
Business News
This Meta Product Unexpectedly Tripled in Revenue Over the Past Year: ‘Major Milestones’
Sales for the Ray-Ban Meta smart glasses have skyrocketed, leading others in Big Tech, including Apple and Google, to work on their own frames.
By Sherin Shibu
Business News
These 3 Common Mistakes Are Holding You Back at Work, According to a Former Meta Engineer Known as the ‘Coding Machine’
Meta's former "coding machine" says that software engineers often make the same mistakes that can hurt their careers — and they can be applied to every profession.
By Sherin Shibu
Business News
Meta Acquires AI Startup That Generates Human-Sounding Voices: ‘Great Match for Our Work’
Through the acquisition, Meta is adding fresh talent to its ranks and bringing over the startup's 35 employees.
By Sherin Shibu
Business News
Meta Is Reportedly Paying an Apple Engineer Over $200 Million to Join Its Superintelligence Effort
The former Apple distinguished engineer will receive most of the compensation in stock awards.
By Sherin Shibu
Business News
Meta Invests Billions in World’s Largest Eyewear Company After Ray-Ban Smart Glasses Success
The deal arrives one month after Meta debuted new Oakley Meta AI smart glasses in partnership with the eyewear company.
By Sherin Shibu
Business News
Meta Poaches Top Apple Executive With Compensation Offer Reportedly in the Tens of Millions
Meta's latest hire for its superintelligence group is a former manager who led a 100-person team at Apple.
By Sherin Shibu
Business News
‘The Market Is Hot’: Here’s How Much a Typical Meta Employee Makes in a Year
Data from federal filings offers a glimpse into base salary ranges at Meta for roles ranging from AI research scientist to data analyst.
By Sherin Shibu
Business News
Mark Zuckerberg Reveals Meta Superintelligence Labs, Names Who He Poached From OpenAI, Google, Anthropic
In a leaked internal memo, Zuckerberg wrote that former Scale AI CEO Alexandr Wang would lead the new team.
By Sherin Shibu
Business News
‘I’ll Fight to Keep Every One of You’: OpenAI Responds to Meta Poaching Talent, Says It Is ‘Recalibrating’ Pay
In a now-leaked memo, OpenAI Chief Research Officer Mark Chen told staff how the company is fighting back against Meta poaching staff.
By Sherin Shibu
Business News
Meta’s Chief Technology Officer Says Sam Altman Is ‘Being Dishonest’ About $100 Million Signing Bonuses Poaching Claim
OpenAI's CEO said last week that Meta was trying to poach his employees with "$100 million signing bonuses," but Meta execs — and new hires — are refuting the claim.
By Sherin Shibu
Business News
Meta Poaches the CEO of a $32 Billion AI Startup — After Trying to Buy the Company and Being Told No
Meta is reportedly offering up to nine figures in compensation for AI researchers, amounting to $100 million signing bonuses and even higher overall pay.
By Sherin Shibu
Business News
Meta Is Trying to Poach OpenAI Employees With ‘Giant’ $100 Million Offers, Sam Altman Says
Open AI CEO Sam Altman claims Meta has attempted to recruit "a lot" of his employees.
By Sherin Shibu
Business News
Meta Is Reportedly Planning to Release New AI Smart Glasses With Oakley and Prada
The Oakley Meta AI glasses are expected to cost more than the Ray-Ban Metas.
By Sherin Shibu
Business News
Meet Alexandr Wang, the 28-Year-Old Who Went from MIT Dropout to Billionaire Meta Hire: ‘I Wanted to Make a Difference’
One of the terms of Meta's $14.3 billion investment in Wang's company, Scale AI, was that he joins Meta in a leadership role.
By Sherin Shibu
Business News
En busca de la superinteligencia artificial: Mark Zuckerberg arma un equipo de élite para desarrollar el sistema de IA más avanzado del mundo
Meta ha reunido a un grupo de élite con el objetivo de cambiar para siempre el desarrollo de inteligencia artificial.
Business News
Meta Is Reportedly Offering Up to Nine-Figure Pay for Researchers on Its New Superintelligence AI Team
Meta CEO Mark Zuckerberg, 41, is overseeing the hiring of staff for the new 50-person team.
By Sherin Shibu
Business News
Eminem demanda a Meta por uso no autorizado de su música
La editorial musical del rapero acusa a Meta de distribuir 243 canciones sin licencia en Facebook, Instagram y WhatsApp y exige más de $100 millones de dólares para reparar los daños.