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

Meta builds technologies that help people connect, find communities, and grow businesses. Originally launched as Facebook in 2004,...

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Meta builds technologies that help people connect, find communities, and grow businesses. Originally launched as Facebook in 2004, the company has evolved to include apps like Messenger, Instagram, and WhatsApp, and is now focusing on immersive experiences such as augmented and virtual reality. Meta aims to create a safe online space that fosters community and constructive conversations.

Website
Headquarters
Menlo Park, CA
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

🛍️ Meta Product and Pricing News →

👔 Meta CEO, Management and Leadership Team →

⚔️ Meta Alternatives and Competitors →

💼 Meta Hiring and Layoffs →

🤖 Meta Developer, Integration and Automation News →

📈 Meta Financials, Fundraising and Valuation News →

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🛍️ Meta Product and Pricing News

  • Meta is releasing Batman: Arkham Shadow on October 22nd exclusively for Meta Quest 3/3s, featuring advanced Spatial Audio and Haptics technologies.
  • Meta announced a new feature allowing businesses to connect their analytics tools directly to its ads system via API, starting with Google Analytics, to better align ad performance with business objectives.
  • Lenovo announced its AI Now agent at Tech World on October 15, using Meta's Llama 3 model for on-device AI capabilities.
  • A Massachusetts Superior Court judge ruled that Meta must face a state lawsuit for allegedly designing features harmful to young users, rejecting Meta's defenses under Section 230 and the First Amendment.
  • A Massachusetts judge ruled that Meta must face a lawsuit alleging it used Instagram features to addict young users and misled the public about mental health risks.

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  • A judge in Boston ruled that Meta must face a lawsuit from Massachusetts Attorney General Andrea Joy Campbell for allegedly violating state consumer protection law and creating a public nuisance.
  • At the Open Compute Project Summit 2024, Meta expanded its Grand Teton server to support AMD MI300X GPUs and unveiled the Catalina rack for Nvidia Blackwell chips, enhancing AI workload capabilities.
  • Meta has introduced animated, customizable, and shareable profile cards on Instagram.

👔 Meta CEO, Management and Leadership Team

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⚔️ Meta Alternatives and Competitors

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💼 Meta Hiring and Layoffs

  • Beibit Baktygaliyev has left Meta as a Sr Machine Learning Engineer in the United Kingdom to become the Chief Technology Officer at Global Optima Technologies.
  • Xiaorui Gan has joined Meta as Director of Engineering (AI/ML) from Reddit, Inc. where he was Senior Director of Engineering (ML).
  • Chelsea May Bedard, PHR, MSOD has joined Meta as Director, Executive Operations in the United States, previously serving as People Business Partner, Corporate (People for People) at Apple.
  • Anastasia Razdaibiedina joined Meta's Llama team to work on pre-training, data curation, and multilingual capabilities.

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🤖 Meta Developer, Integration and Automation News

  • Meta launched the 'Scam Se Bacho' campaign in partnership with the Indian government to educate citizens on scam prevention, featuring Ayushmann Khurrana to reach diverse audiences across multiple platforms.
  • Meta partners with Sustainable Living Lab and better.sg in Singapore to train polytechnic students in AI skills to address community challenges.
  • The Ministry of Skill Development & Entrepreneurship has partnered with Meta to launch an AI assistant and establish five Centres of Excellence in Virtual and Mixed Reality for the Skill India Mission.
  • Meta's Advantage+ Shopping Campaigns, developed in collaboration with The Estée Lauder Companies Inc. and Clinique UK, have significantly exceeded expectations in AI-driven market activation.
  • Ørsted has commissioned a hybrid solar plant in Arizona to supply the majority of its 300MW capacity to the Meta Mesa data center, with commercial operations expected in 2026.

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📈 Meta Financials, Fundraising and Valuation News

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