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Keyword: markzuckerberg

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  • Lawyer named Mark Zuckerberg sues Meta after repeated account shutdowns over claims he’s impersonating billionaire founder: ‘It’s offensive’

    09/05/2025 4:42:14 AM PDT · by DFG · 12 replies
    NY Post ^ | 09/03/2025 | Anna Young
    Mark-ing his territory in the most Meta way possible. An Indiana lawyer who shares the name Mark Zuckerberg is suing Meta after the social media platform repeatedly shut down his personal and business profiles, claiming he was impersonating its founder. Zuckerberg, an Indianapolis bankruptcy lawyer, has battled mistaken identity issues on Facebook for 15 years, sharing a name with the platform’s billionaire creator. His verified personal account has been shut down five times, and after losing $11,000 in ad funds to Meta when his law firm’s page was taken down in May for the fourth time, he’s taking his fight...
  • Meta agrees to pay $25 million to settle lawsuit from Trump after Jan. 6 suspension

    09/29/2025 2:15:52 PM PDT · by CFW · 36 replies
    AP ^ | 9/29/25 | staff
    WASHINGTON (AP) — Meta has agreed to pay $25 million to settle a lawsuit filed by President Donald Trump against the company after it suspended his accounts following the Jan. 6, 2021, attack on the Capitol, according to three people familiar with the matter.
  • 'Everyone is unhappy': Meta employees describe a grim environment as the company reportedly prepares to axe roughly 8,000 workers

    05/15/2026 6:18:23 PM PDT · by Red Badger · 33 replies
    AOL ^ | May 14, 2026 | Dave Smith
    t's a rough time to be working at Facebook, Instagram, or one of Meta's many other properties. Mark Zuckerberg's social media giant will reportedly hand out roughly 8,000 pink slips on Wednesday, May 20, eliminating about 10% of its global workforce. Notably, though, these cuts will arrive on the heels of one of the most lucrative quarters in the company's history: $56.31 billion in revenue and $26.8 billion in net income (1) for the first three months of 2026, per Meta's Q1 earnings filing. For many Meta employees, that stark contrast is apparently driving morale into the dirt. According to...
  • Meta Has Entered Its Death Spiral...It's rotting away.

    05/12/2026 7:11:38 PM PDT · by Red Badger · 65 replies
    Futurism ^ | May 08, 2026 | Jon Christian
    It’s hard to even imagine now, but immediately after it launched in 2004, there was nothing on the internet cooler than Facebook. It was initially available only to Harvard students, then gradually expanded to students at other elite colleges, giving it an aura of exclusivity that founder Mark Zuckerberg clearly coveted. By the time it opened up to public accounts in 2006, the hype was palpable, paving the way to an explosive initial public offering in 2012. Since those salad days, its trajectory has never been quite the same. Sure, it’s maintained market share with a series of cynical acquisitions...
  • Meta drops bombshell warning ahead of NM trial (Threatens to pull Facebook, Instagram access)

    04/30/2026 2:28:57 PM PDT · by CedarDave · 30 replies
    The Piñon Post ^ | April 30, 2026 | Piñon Post Staff
    Social media giant Meta is threatening to shut down access to Facebook, Instagram, and even WhatsApp in New Mexico if a judge orders the company to implement sweeping child-safety mandates sought by Attorney General Raúl Torrez. The warning comes ahead of a bench trial beginning Monday in Santa Fe, where the New Mexico Department of Justice will seek court-ordered reforms to Meta’s platforms after previously securing a $375 million jury verdict against the company for violating the state’s consumer protection laws. According to newly unsealed court filings first reported by Source New Mexico and expanded upon by The Verge, Meta...
  • Meta in row after workers who say they saw smart glasses users having sex lose jobs

    04/30/2026 6:01:26 AM PDT · by BenLurkin · 27 replies
    bbc ^ | 04/30/2026 | Chris Vallance
    In February, workers at the company, Sama, told two Swedish newspapers they had witnessed glasses users going to the toilet and having sex. Less than two months later, Meta ended its contract with Sama, which Sama said would result in 1,108 workers being made redundant. Meta says it's because Sama did not meet its standards, a criticism Sama rejects. A Kenyan workers' organisation alleges Meta's decision was caused by the staff speaking out. Meta has not addressed that allegation but told BBC News in a statement it had "decided to end our work with Sama because they don't meet our...
  • Meta to cut 8,000 jobs — 10% of workforce — in major bloodbath next month: report

    04/18/2026 10:53:40 AM PDT · by Olog-hai · 21 replies
    New York Post ^ | April 17, 2026, 4:43 p.m. ET | Thomas Barrabi
    Mark Zuckerberg’s Meta plans to lay off 10% of its workforce in a companywide bloodbath next month – with even more cuts to follow later in the year, according to a report Friday. The Instagram parent will ax nearly 8,000 employees in the initial round set for May 20, Reuters reported. More layoffs are expected in the second half of the year, but Meta executives have yet to decide how extensive they will be or exactly when they will occur. Meta’s plans could be adjusted based on the state of the company’s artificial intelligence capabilities, sources ominously told the outlet....
  • Reddit User Uncovers Who Is Behind Meta’s $2B Lobbying for Invasive Age Verification Tech

    04/15/2026 12:12:43 PM PDT · by ProgressingAmerica · 6 replies
    Gadget Review ^ | Mar 16, 2026 | C. da Costa
    A Reddit researcher just exposed how Meta funneled over $2 billion through shadowy nonprofits to push age verification laws that would force Apple and Google to build surveillance infrastructure into every device—while conveniently exempting Meta’s own platforms from the same requirements. Following the Money Trail Through Dark Networks Meta’s lobbying operation spans 45 states using nonprofit shells to avoid transparency requirements.
  • Meta, Google, and Amazon slash H-1B petitions after Trump's visa crackdown

    04/03/2026 3:33:13 PM PDT · by escapefromboston · 37 replies
    Business Insider ^ | Apr 2, 2026, 5:00 AM ET | Geoff Weiss , Melia Russell , Andy Kiersz , and Alex Nicoll
    H-1B visa filings at major tech companies fell sharply late last year, according to federal data, as layoffs mount and new visa restrictions take hold. The decline comes as changes to the work visa program since September have made the process costlier and placed applicants under tighter scrutiny, and as tech goliaths like Amazon, Google, Meta, and Microsoft have undergone successive rounds of job cuts. Department of Labor data shows that some employers filed markedly fewer H-1B visa applications in the first quarter of fiscal 2026 than they did a year earlier. On the federal calendar, Q1 runs from October...
  • Meta, YouTube found liable for woman’s debilitating social media addiction in $3M landmark trial

    03/25/2026 11:43:51 AM PDT · by Libloather · 41 replies
    NY Post ^ | 3/25/26 | Daniel Farr, Jules Corderoy
    A Los Angeles jury found Wednesday that Meta’s Instagram and Google’s YouTube harmed a young user with features designed to hook kids — in a bombshell verdict that “shakes Big Tech’s predatory business model to its core.” The high-profile case involved a 20-year-old woman who claimed she became dangerously obsessed with the apps at a young age because they were deliberately built to be addictive, using features like infinite scroll and autoplay. The tech giants were found liable for $3 million in damages. The multi-million-dollar judgment is likely to grow, as the jury of seven women and five men will...
  • $80 Billion Gone: What Was Meta’s Metaverse Project That Is Now Shut Down?

    03/20/2026 3:14:59 AM PDT · by yesthatjallen · 20 replies
    news18 ^ | 03 169 2026 | Varun Yadav
    Tech giant Meta has reportedly announced that it is shutting down its metaverse project, which was a dream project of its founder Mark Zuckerberg, who had called it “the next frontier" upon rebranding the social media company from Facebook to Meta in 2021. Four and a half years later and a total outlay of humongous $80 billion, the project has been dumped, making it a failed project. The shift in Meta’s approach came at a time when generative artificial intelligence (AI) has become the new hotbed for tech companies, with capital expenditure reaching trillions of dollars and a heated race...
  • Meta may lay off 20% of staff while making two big statements about AI

    03/16/2026 8:35:55 AM PDT · by lasereye · 59 replies
    Marketwatch ^ | March 16, 2026 | Christine Ji
    Meta Platforms may shrink its workforce by up to 20% in a sign that artificial-intelligence productivity gains are finally materializing. According to a Reuters report from Friday, Meta has not finalized specific dates or details for cuts but is considering widespread reductions to its workforce. The company had nearly 79,000 employees as of its last annual filing. A Meta spokesperson told Reuters, “This is speculative reporting about theoretical approaches.” The company didn’t respond to a MarketWatch request for comment. But Wall Street seems encouraged that the company is thinking about paring back its staff. Shares are up 2.9% in Monday’s...
  • That's Just Wrong: Meta AI Researcher said OpenClaw Agent ran amok on her inbox

    02/24/2026 12:43:10 PM PST · by CharlesOConnell · 7 replies
    TechCrunch ^ | 02-23-2026 | Julie Bort
    Crab Costumes courtesy of "A Meta AI security researcher said an OpenClaw agent ran amok on her inbox" by Julie Bort, February 23, 2026 Okay, AI is going to take away all serious jobs, we have to reinvent ourselves with a new life mission that's not totally ridiculous make-work, we'll get perhaps $150 per month "guaranteed" minimal income, live in pod communities like the Coppertops in The Matrix, eat bug-burger, "you'll own nothing and be happy". But if it's A.I. that is trying to run down this "you will be assimilated, resistance is futile" trope, they'd better get cracking with...
  • Meta Patent Allows Dead Facebook Users to Continue Posting from Beyond the Grave

    02/22/2026 7:17:20 AM PST · by Duke C. · 23 replies
    Slaynews ^ | 2/21/26 | David Lindfield
    A newly granted patent to Meta is raising unsettling questions about the future of artificial intelligence (AI) and digital identity. The company’s developments suggest that social media users could continue posting, commenting, and even interacting with loved ones after death.
  • Former Trump Adviser Named Meta’s President

    01/14/2026 7:17:52 AM PST · by Twotone · 6 replies
    The Daily Wire ^ | January 12, 2026 | Staff
    Meta Platforms on Monday named former Trump administration official Dina Powell McCormick as its president and vice chairman, boosting the company’s lobbying efforts in the U.S. capital. President Donald Trump congratulated Powell McCormick in a post on his Truth Social account minutes after the company announced her promotion. “Congratulations to DINA POWELL MCCORMICK, WHO HAS JUST BEEN NAMED THE NEW PRESIDENT OF META. A great choice by Mark Z!!! She is a fantastic, and very talented, person, who served the Trump Administration with strength and distinction!” the president wrote. Her appointment is the latest in a series of changes Meta...
  • Zuckerberg Basically Giving Up on Metaverse After Renaming Entire Company “Meta”

    12/06/2025 11:58:06 AM PST · by PJ-Comix · 46 replies
    Futurism ^ | December 5, 2025 | Victor Tangermann
    In October 2021, Facebook CEO Mark Zuckerberg revealed that his social media empire was officially rebranding itself as “Meta” as part of a sweeping company-wide doubling down on virtual reality tech.The head-scratching pivot has been nothing short of a disaster ever since, from blocky “Horizon Worlds” online environments filled with screeching children to never-ending rounds of layoffs and exorbitant losses.All told, the company has lost more than $70 billion since the beginning of 2021 on its enormous long-term VR bet, a staggering sum that has left investors itchy and unimpressed as Zuckerberg has failed to convince the public of the...
  • Meta halted internal research suggesting social media harm, court filing alleges

    11/24/2025 10:38:22 AM PST · by SeekAndFind · 3 replies
    CNBC ^ | 11/24/2025 | Jonathan Vanian
    Meta halted internal research that purportedly showed that people who stopped using Facebook became less depressed and anxious, according to a legal filing that was released on Friday. The social media giant was alleged to have initiated the study, dubbed Project Mercury, in late 2019 as a way to help it “explore the impact that our apps have on polarization, news consumption, well-being, and daily social interactions,” according to the legal brief, filed in the United States District Court for the Northern District of California. The filing contains newly unredacted information pertaining to Meta. The newly released legal brief is...
  • Court Filings Allege Meta Downplayed Risks to Children and Misled the Public

    11/22/2025 6:29:34 PM PST · by RandFan · 4 replies
    time ^ | Nov 22 | time
    Sex trafficking on Meta platforms was both difficult to report and widely tolerated, according to a court filing unsealed Friday. In a plaintiffs’ brief filed as part of a major lawsuit against four social media companies, Instagram’s former head of safety and well-being Vaishnavi Jayakumar testified that when she joined Meta in 2020 she was shocked to learn that the company had a “17x” strike policy for accounts that reportedly engaged in the “trafficking of humans for sex.” “You could incur 16 violations for prostitution and sexual solicitation, and upon the 17th violation, your account would be suspended,” Jayakumar reportedly...
  • Mark Zuckerberg drops in billionaire ranks after losing $29B in single day as Meta stock tanks

    11/01/2025 1:46:37 PM PDT · by Libloather · 30 replies
    NY Post ^ | 10/31/25 | Ariel Zilber
    Tough luck, Zuck! Mark Zuckerberg tumbled from third to fifth place on the Bloomberg Billionaires Index after Meta’ stock plunged 11% on Thursday — wiping out $29.2 billion from his fortune in just one day. The 41-year-old CEO’s net worth fell to $235.2 billion, his lowest ranking in nearly two years, as investors recoiled from Meta’s plan to issue $30 billion in new debt to fund artificial intelligence spending, according to Bloomberg. The drop was the fourth-largest one-day market-driven loss ever recorded by Bloomberg’s wealth index. Zuckerberg reportedly refused to clap Wednesday after singer Billie Eilish said at the Wall...
  • Unboxing Meta Ray-Ban Display Glasses [7:01]

    10/19/2025 1:45:08 PM PDT · by SunkenCiv · 28 replies
    YouTube ^ | September 19, 2025 | Unbox Therapy
    (original) Unboxing Meta Ray-Ban Display Glasses | 7:01 Unbox Therapy | 24.7M subscribers | 1,394,517 views | September 19, 2025