Meta reportedly planning thousands more job cuts

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Meta (META) faces trial over stolen AI trade secrets

March 7, 2023 10:45 AM UTC

Meta (NASDAQ: META), the parent company of Instagram, Facebook, and WhatsApp, failed on Monday to end a lawsuit in Boston federal court claiming the company stole confidential information from AI startup Neural Magic Inc.

According to an expert's court testimony, Meta owes the startup about $766 million in... More

Meta Platforms (META) gains nearly 2% on report of more jobs cuts

March 7, 2023 6:25 AM UTC

Meta Platforms (NASDAQ: META) jumps 1.8% on reports from Bloomberg News of fresh job cuts.

Meta is planning thousands more job cuts in an... More