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Mark Zuckerberg

Business
Meta To Cut 5% Of Lowest-Performing Workers, Zuckerberg Braces For 'Intense Year': Reports Meta To Cut 5% Of Lowest-Performing Workers, Zuckerberg Braces For 'Intense Year': Reports
Meta To Cut 5% Of Lowest-Performing Workers, Zuckerberg Braces For 'Intense Year': Reports Meta will cut thousands of employees in the latest move for the controversial company that owns platforms like Facebook and Instagram, according to reports. An internal memo sent to Meta workers said five percent of low-performing employees will be terminated, Bloomberg News reported. The company that also owns WhatsApp and Threads has more than 72,000 employees, according to Meta's most recent quarterly report. A five-percent reduction would mean about 3,600 people could lose their jobs. "I've decided to raise the bar on performance management and move out low-performers faster,…

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by Chris Spiker
Business
Meta Drops Fact-Checking Program Ahead Of Trump's White House Return, Company Says Meta Drops Fact-Checking Program Ahead Of Trump's White House Return, Company Says
Meta Drops Fact-Checking Program Ahead Of Trump's White House Return, Company Says Meta is dismantling its third-party fact-checking program in the U.S. and aims to bring back political content as President-elect Donald Trump prepares to return to the White House, the company said. Meta CEO Mark Zuckerberg announced the changes in a video statement on Tuesday, Jan. 7. The company that owns Facebook, Instagram, WhatsApp, and Threads, will replace its fact-checking program with a Community Notes system similar to the one implemented on X (formerly Twitter). Zuckerberg said the new system's goal is to reduce bias and restore free expression. "Fact-checkers have be…

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by Chris Spiker
Sports
Taylor Swift Touches Down In Baltimore Taylor Swift Touches Down In Baltimore
Taylor Swift Touches Down In Baltimore Taylor Swift is in the building. M&T Bank Stadium, that is. The 34-year-old pop star's Dassault Falcon 7X touched down at the Baltimore/Washington International Thurgood Marshall Airport, less than 40 minutes after taking off from Morristown Airport, in NJ on Sunday afternoon Jan. 28, according to her jet-tracking Reddit account run by programmer Jack Sweeney. As expected, Swift is in Charm City to support beau Travis Kelce, the tight end on the Kansas City Chiefs (13-6), playing the Ravens (14-4) this afternoon in the AFC Championship game. Page Six shared photos o…

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by Cecilia Levine
Business
Facebook Rebrands Company Name Facebook Rebrands Company Name
Facebook Rebrands Company Name Facebook users, welcome to the "Metaverse." CEO Mark Zuckerberg announced Thursday that Facebook will be changing its name to "Meta." "The metaverse is the next evolution of social connection," Meta's website says. "Our company’s vision is to help bring the metaverse to life, so we are changing our name to reflect our commitment to this future." The platform will combine its apps and technologies under the new, singular company brand, Facebook said in a statement.  Corporate structure will not be changing, but its financials will, Facebook officials said. The company will begin trad…

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by Cecilia Levine
News
3 NJ Residents Named To 'Forbes' List Of Richest In America 3 NJ Residents Named To 'Forbes' List Of Richest In America
3 NJ Residents Named To 'Forbes' List Of Richest In America Three New Jersey residents were named to the "Forbes" list of the 400 richest people in America. The nation's wealthiest citizens saw their collective fortune rise 40 percent over the last year to $4.5 trillion, despite the ongoing COVID-19 pandemic, Forbes said. Former President Donald Trump was dropped from the list for the first time in 25 years, with Jeff Bezos, Elon Musk, Mark Zuckerberg, Bill Gates, and Larry Page taking the top five spots. To make the list, you must have a net worth of at least $2.9 billion, and an increase of $800 million from the previous year. Net worths were ca…

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by Nicole Acosta