The new DeepSeek R1 model impresses with good performance and low hardware costs. How does the model work and what does it ...

Few stocks performed better following the 2022 bear market than Meta Platforms Inc. (Nasdaq: META), the social media giant formerly known as Facebook. CEO Mark Zuckerberg’s foray into the ...

US right-wing is pressing Meta CEO Mark Zuckerberg to release what they are calling “Facebook Files”, referring to internal documents and conversations at the company regarding content moderation. The ...

News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff based on performance and hiring new workers to replace them.

Meta Platforms is cutting roughly 5 per cent of its staff through performance-based terminations and plans to hire new people to fill their roles this year, according to an internal memo sent to ...

Meta employs about 72,000 people, according to recent filings, so cutting 5% of staff would amount to 3,600 people, Bloomberg said Tuesday. The Menlo Park, California-based company owns Facebook ...

Meta, formerly known as Facebook, will reduce its workforce by approximately 5 percent by letting go of its "lowest performers" and plans to recruit for the affected roles later this year, the ...