Facebook | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

The Facebook company is now Meta. Meta builds technologies that help people connect, find communities, and grow businesses. Launched...


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The Facebook company is now Meta. Meta builds technologies that help people connect, find communities, and grow businesses. Launched in 2004, Facebook changed the way people connect, and now includes apps like Messenger, Instagram, and WhatsApp. Meta is moving towards immersive experiences like augmented and virtual reality to enhance social technology and community building.

Website
Size
10,001+ employees
Industry
Software Development
Specialities
Connectivity, Artificial Intelligence, Virtual Reality, Machine Learning, Social Media, Augmented Reality, Marketing Science, Mobile Connectivity, Open Compute, Metaverse

🛍️ Facebook Product and Pricing News →

👔 Facebook CEO, Management and Leadership Team →

⚔️ Facebook Alternatives and Competitors →

💼 Facebook Hiring and Layoffs →

🤖 Facebook Developer, Integration and Automation News →

📈 Facebook Financials, Fundraising and Valuation News →

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🛍️ Facebook Product and Pricing News

  • On November 14, 2024, Facebook announced plans to appeal the European Commission's decision that claims Facebook Marketplace hinders competition, arguing it meets consumer demand and provides a new choice in the European market.
  • Facebook has been fined $841 million by the EU for antitrust breaches related to its Marketplace dominance.
  • Facebook is constructing a subsea cable network connecting the US East Coast, South Africa, India, Australia, and back to the US West Coast.
  • Prahlad Venkatapuram, Director of ASIC Development at Facebook Infrastructure, discussed Meta's AI innovations and their Tech Emmy award-winning Meta Scalable Video Processor on Silicon Valley Tech Talks.
  • From November 12-14, 2024, Facebook will reduce the price of its ad-free subscription in the EU by 40% and introduce a free option with less personalized ads.

  • Facebook groups are recommended for asking questions about safe neighborhoods, grocery stores, health care, and childcare.
  • Tongai Maramba, associated with Facebook Connectivity, was interviewed about social media use and emphasized the importance of safe and responsible online usage.

👔 Facebook CEO, Management and Leadership Team


⚔️ Facebook Alternatives and Competitors

  • Pinterest
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  • X (Twitter)
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  • Snapchat
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  • Meetup Pro
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  • Tumblr
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  • LinkedIn Premium
  • |
  • TikTok
  • |
  • YouTube
  • |
  • WeChat
  • |
  • Quora
  • |
  • Instagram

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💼 Facebook Hiring and Layoffs

  • Arhima Shofia Fariha joined Facebook as an Author in Indonesia, previously working as an Author at KBM App.
  • Facebook is hiring a Compliance Engineer Lead to work on next-gen AI hardware in Menlo Park and Fremont, CA.
  • Facebook is currently hiring a Product Design Engineer in the United States.


🤖 Facebook Developer, Integration and Automation News

  • Facebook's parent company Meta has partnered with 13 universities in the U.S. and U.K. to test a new VR product in education.


📈 Facebook Financials, Fundraising and Valuation News

  • Facebook's Reality Labs division reported a $4.4 billion loss in Q3 with expenses increasing to $4.7 billion, up 19% year-over-year.


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