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Mark Zuckerberg sells first Meta shares in two years after 172% surge
Zuckerberg's trust as well as entities unloaded about 682,000 shares worth almost US$185 million ($247.3 million) in November.
December 04, 2023
US Economy
Meta prepares more layoffs across Facebook, WhatsApp, Instagram
The move is part of a cost-cutting push that will eventually eliminate 10,000 positions at the company, as announced in March.
April 19, 2023
Tech
Meta shares soar as Zuckerberg ushers in 'Year of Efficiency'
The company’s shares gained more than 20% in late trading on fourth-quarter revenue that beat expectations.
February 02, 2023
Tech
Zuckerberg says Meta to cut some middle-management layers
The Facebook parent will also look to cut projects that are not performing or are not crucial.
February 02, 2023
Digital Economy
Meta to cut 11,000 jobs; Zuckerberg says 'I got this wrong'
"I want to take accountability for these decisions"
November 09, 2022
Digital Economy
Big tech layoffs deflate Musk and Zuckerberg
Too much hubris could sink them
November 08, 2022
Shareholder activism
Giving Mark Zuckerberg unquestioned power was asking for trouble
Chairman and CEO Mark Zuckerberg has gone rogue, but I find myself unsympathetic to shareholders’ plight.
November 02, 2022
Digital Economy
Is time running out for Meta Platforms?
The reality is that bloated incumbents always have a tough time trying to catch up with nimble, hungry challengers.
October 27, 2022
Digital Economy
Zuckerberg asks for 'patience' as Meta's costs spook investors
Zuckerberg has asked for patience before.
October 27, 2022
Digital Economy
Facebook's age of austerity couldn't come at a worse time
Zuckerberg’s cuts will be the first since Facebook’s founding in 2004
October 02, 2022