Zuckerberg Announces Hiring Freezes for Meta

Zuckerberg Announces Hiring Freezes for Meta

Meta Platforms Inc. will face an internal restructuring in order to cut expenses and focus on other major projects, like artificial intelligence for their family apps, and developing the metaverse.  “Our plan is to steadily reduce headcount growth over the next year....
US Social Media Companies Are Losing Followers

US Social Media Companies Are Losing Followers

Tech companies that focus on social media have had a major downturn this year, and investors believe that social media as a whole is about to sour.  Meta and Snap have been underperforming the Nasdaq Composite while Twitter takes the lead over the market index,...