Meta Stock

• Meta to lay off 10K employees in 2nd round of job cuts

  The tech industry has laid off more than 280,000 workers since the start of 2022, with about 40 per cent of them coming this year, according to layoffs tracking site layoffs.

  Tech

  Mar 14
  
• Facebook parent Meta agrees to pay US$725M over Cambridge Analytica scandal

  Facebook owner Meta has agreed to pay US$725 million to resolve a class-action lawsuit accusing it of allowing third parties to access users' personal information.

  Money

  Dec 23, 2022
  
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• Meta layoffs: Why tech companies are cutting staff — and why you should care

  Meta is cutting thousands of jobs from its global workforce, joining other tech giants in recent waves of layoffs. Experts say it could be a sign of a wider economic slowdown.

  Tech

  Nov 9, 2022
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• Since becoming Meta, Facebook’s parent company has lost US$650 billion in market value

  It has been exactly one year to the day since Facebook's parent company rebranded as Meta, and in that time the company has entered financial free-fall.

  Tech

  Oct 28, 2022
• Facebook owner Meta’s stock is plummeting. What’s happening?

  Meta shares have tumbled in trading over the last day after forecasting a weak holiday quarter and drawing analyst scrutiny over its 'experimental bets.'

  Tech

  Oct 27, 2022
• Facebook’s Meta sees stock surge despite slowest revenue growth in a decade

  Meta cut a sharp contrast with Google parent Alphabet, which on Monday reported what analysts called disappointing earnings, with profit below Wall Street's expectations.

  Economy

  Apr 27, 2022
• Meta’s plans to hire in Canada have the tech sector worried. Here’s why

  Meta's arrival in Toronto was hailed by politicians as a boon for the tech sector. But some Canadian founders are worried about another giant in an already tight talent market.

  Tech

  Apr 15, 2022
• New Meta engineering hub in Toronto expected to add 2,500 jobs over 5 years

  Meta, Facebook's parent company, announced Tuesday it will build a new engineering hub in Toronto that will bring 2,500 jobs to the province over the next five years.

  Tech

  Mar 29, 2022
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• Russian court labels Meta an ‘extremist organization’, WhatsApp excluded

  The implications labelling Meta an "extremist organization" remain unclear.

  World

  Mar 21, 2022
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• Facebook just saw a drop in users for the 1st time. Will Instagram follow?

  Instagram, which Facebook acquired in 2012 for $1B, has been viewed as an antidote to slowing growth at Facebook, with revenue from ads on Instagram increasingly crucial to Meta.

  Tech

  Feb 4, 2022