The engineering director is expected to influence technical decision-making, drive prioritisation and execution, and manage outstanding engineers and engineering managers, as per the job description
The announcement to raise bonuses comes just a week after Meta began laying off 5 per cent of its workforce, a move the company attributed to targeting underperforming employees
The commission, which is the EU's executive arm, has been increasing scrutiny of social media in an attempt to rein in the power of predominantly American tech companies
Dubbed Project Waterworth, the undersea cable will be a multi-billion-dollar, multi-year investment to strengthen the scale and reliability of the world's digital highways
Calling it the Facebook Marketplace Partner Progam, Meta said the scheme is a response to the EU competition watchdog even as it challenged the fine in court
By Meta's reckoning, the shift is expected to reduce the company's depreciation expense by $2.9 billion in 2025, which would, on its own, amount to almost 4% of estimated pre-tax profits for the year
On the Joe Rogan Podcast, Meta CEO Mark Zuckerberg spoke on stricter content controls and the growing regulatory pressures on technology firms worldwide
The stock is up 1.1 per cent Tuesday. If the gains hold through end of the session, the owner of Facebook will have added more than $235 billion in market value during the streak
The Windows maker missed market estimates for quarterly revenue growth at Azure and gave a third-quarter forecast for the business that was below expectations
The CCI has imposed a fine of $24.5 million and a five-year ban on the data sharing practice in India, the biggest market for Meta where it has more than 350 million Facebook users
Appearing on the Joe Rogan podcast, Zuckerberg claimed that incumbent governments in many countries, including India, lost elections following the Covid-19 pandemic