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Indian techie laid off by Meta after 3 days at Canada office lands new job in India
- Vishawajeet Jha, a software engineer from Bengaluru, was laid off by Meta after just three days of employment along with 11,000 other employees during the first round of layoffs.
- He shared an update on his LinkedIn profile, stating that he had started a new position as a software engineer at PhonePe.
- His success in finding a new job offers hope for others impacted by layoffs, even during a difficult job market.
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'Please Resign Immediately': Mark Zuckerberg's harsh 2010 email to employee leaks
- An old email from 2010 written by Mark Zuckerberg has surfaced, showing the Facebook CEO asking an employee to resign over a leak of inaccurate information regarding the company's future plans.
- Zuckerberg was reportedly enraged over a TechCrunch story claiming that Facebook was secretly building a phone, which he vehemently denied in the email.
- In the email, Zuckerberg referred to the leak as an "act of betrayal" and demanded that the employee responsible resign immediately.
- He also warned that if the individual did not resign, the company would find out who they were.
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Mark Zuckerberg Was Warned on Social Media Addiction: Lawsuit
- A lawsuit has been filed in the US against Meta over social media addiction.
- The lawsuit alleges that Mark Zuckerberg and Meta employees were aware of the harmful effects of their platforms on young children and teenagers but disregarded the information.
- A Meta employee was cited in the lawsuit as saying that the company tries to "maximize the number of times" a user opens Instagram.
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Elon Musk mocks Mark Zuckerberg launching Twitter rival
- Meta Platforms, the parent company of Facebook, is reportedly considering launching a decentralised social network similar to Twitter.
- Dogecoin co-founder Billy Markus shared a meme on Twitter speculating if Meta CEO Mark Zuckerberg launched a Twitter rival because he thought people were upset with Elon Musk and loved him.
- Elon Musk responded to the tweet with a "Copy Cat" comment, using a cat emoji instead of writing the word "Cat" in letters.
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How one HR professional who was laid off by Meta landed a new job in just 3 months
- Lorena Diaz Alvarez, a former HR professional at Meta who was laid off in November 2022, has announced that she has found a new job just three months after the layoff.
- Alvarez shared her experience and tips for job hunting on LinkedIn, including taking time for self-care, framing job targets to specific companies and job titles, improving CV/LinkedIn profile, preparing for interviews, and networking.
- She also urged hiring managers and recruiters to be mindful and provide feedback to candidates during the hiring process.
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Meta to cut 1,000 additional jobs this week: Report
- Meta Platforms Inc is reportedly planning to cut thousands more jobs in a fresh round of layoffs, in addition to the 13% reduction it made in November 2022.
- The company is aiming to become a more efficient organization by eliminating more jobs and flattening its organization, which could affect thousands of staffers.
- The imminent round of cuts is being driven by financial targets and is separate from the company's "flattening" efforts, according to sources familiar with the matter.
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Google & Facebook are handing over user data to help police prosecute abortion seekers
- Law enforcement is using social media platforms like Google and Facebook to prosecute women seeking abortions or abortion-inducing medication.
- In Nebraska, a woman and her daughter are facing charges for performing an illegal abortion, with Facebook providing key evidence in the form of internal chat logs.
- Though the warrants did not mention abortion, law enforcement's investigation into the teen's illegal disposal of the fetus remains revealed discussions of abortion pills.
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Mark Zuckerberg & wife Priscilla Chan invest $250 million in Chicago's new biohub
- Mark Zuckerberg and his wife Priscilla Chan invest $250 million in a new biotech hub in Chicago.
- The Chan Zuckerberg Biohub Chicago will collaborate with the University of Chicago, Northwestern University, and the University of Illinois at Urbana-Champaign to develop technologies for studying and measuring human biology.
- The initiative aims to embed miniaturized sensors into tissues to gain unprecedented understanding of how healthy and diseased tissues function.
- Biohub Chicago will employ 30 to 50 employees in an innovation hub in Chicago, which aims to become a leading biotech market with its top universities, central location, and large population.
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Meta employee making $550K expresses concern over job security
- The middle manager, who works at Meta (formerly Facebook), is reportedly earning $550,000 annually.
- Despite earning a high salary, the manager is concerned about potential layoffs at the company.
- The manager's fears stem from a recent decision by Meta to restructure its workforce and focus on areas such as metaverse and virtual reality.
- The manager's story is reflective of the uncertainty faced by many employees in the tech industry, where rapid changes and restructuring are common.
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Facebook-parent Meta planning for more job cuts after laying off 11,000 employees: Report
- Meta is reportedly considering a new round of job cuts that could impact thousands of workers.
- The company had previously announced job cuts in November 2021, which saw more than 11,000 employees let go.
- The reported plan involves pushing some leaders into lower-level roles to flatten management structures.
- Meta's communications head has rejected the report, citing CEO Mark Zuckerberg's statement ruling out any new layoffs.
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Instagram briefly restores Pornhub's account in 'error', then shuts it down again
- Meta briefly restored Pornhub's Instagram account on Sunday, but later took it down again.
- Meta stated that the restoration was done in error and that the account had been permanently disabled for repeatedly violating their policies.
- However, Pornhub claimed that their account had not violated any guidelines and criticized Meta's policies for having no "rhyme or reason" in deactivating the account again.
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Musk says 'inevitable' as Meta unveils paid verification on Facebook & Instagram
- Twitter CEO Elon Musk responded to Meta's announcement of paid verification for Instagram and Facebook, calling it "inevitable."
- Meta is testing the new paid verification system, which will cost $11.99 per month for the web and $14.99 per month for mobile.
- Former Twitter executive Sriram Krishnan, who is now an adviser to Musk, praised the new system and said it will end the old world of verification and badges online forever.
- Some Twitter users expressed their opinions on the new paid verification system, with some calling Facebook a "worthless wasteland" and others suggesting that verification will become just another business expense.
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Amazon's Ad growth threatens Facebook's dominance in targeted advertising
- Brands are shifting their ad budgets from Facebook to Amazon due to limitations in Facebook's targeted capabilities.
- Amazon's ad business is growing, making it the third largest digital ad company, with a 19% increase in revenue in the fourth quarter.
- Robin Golf's CEO, Peter Marler, has stated that they are actively moving their budgets away from Facebook's parent company, Meta.
- Facebook's parent company, Meta, has reported its third straight drop in revenue.
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Meta asks managers to get back to making things or leave
- Mark Zuckerberg's company, Meta, is undergoing organizational changes.
- Many managers and directors are being asked to transition to individual contributor roles or leave the company.
- The process is being referred to as "flattening" internally.
- Higher-level managers will be communicating the changes to subordinates in the near future.
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Facebook co-founder funds research into cooling the Earth with sunlight reflection
- Facebook co-founder, Dustin Moskovitz funds research into Sunlight Reflection
- Sunlight Reflection, also known as Solar Geoengineering, aims to temporarily cool the Earth.
- The funding will support research into the potential benefits and risks of using Sunlight Reflection as a tool to mitigate climate change.
- Moskovitz has been actively supporting research into new solutions to address the global climate crisis.
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