Meta, formerly known as Facebook, is now referring to staff as “Metamates” according to a memo outlining Mark Zuckerberg’s new vision for the company. The Facebook CEO shared a list of new corporate values “that guide our work” in a lengthy social media post on Feb. 15, and references employees as “Metamates.” “Meta, Metamates, Me is about…
Mark Zuckerberg Now Referring to Meta Employees as ‘Metamates’ in New Vision for Company
Meta Stock Crash Undermines Zuckerberg’s Fortune
Mark Zuckerberg has suffered a massive setback to his personal wealth, after a recent Meta Industries (formerly Facebook) stock disaster caused shares of the social media network to plummet. The damage occurred after Facebook released an underwhelming revenue forecast on Thursday, when Meta’s market cap shedded $232 billion dollars, falling from $879 billion on Wednesday…
Hidden Dangers of the Metaverse and How We Defend Ourselves Against Cyber Crime. Feat. Casey Fleming
February 5, 2022
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Blackops Partners Chairman and CEO Casey Fleming has been in the business of countering info-security threats for well over a decade. In this episode of The Wide Angle he reveals the “dark side” of the rapidly manifesting #Metaverse. What can #wethepeople do to defend ourselves in an ever-expanding tech world with correspondingly expanding data exposure?…
Facebook Loses Nearly $200 Billion, First Drop in Users in Company History
February 3, 2022
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Meta shares lost more than a fifth of its value as the company struggles to retain users, indicating the beginning of the end of an era where a handful of Silicon Valley CEOs controlled the flow of information across online platforms. Registering the first sequential loss of customers in the company’s 18-year history, Meta Platforms,…
Facebook Loses Nearly $200 Billion, 1st Drop in Users in Company History
February 3, 2022
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Meta shares have lost more than a fifth of their value as the company is struggling to retain users. Registering the first sequential loss of customers in the company’s 18-year history, Meta Platforms, earlier known as Facebook, dropped to 1.929 billion daily users from 1.93 billion users in the previous quarter. User growth across Whatsapp…
Warren Buffett Overtakes Mark Zuckerberg in Wealth Again as Value Bets Shine Over the Growth Story
Veteran value investor and Berkshire Hathaway Inc. CEO Warren Buffett’s net worth on Thursday shot past that of Meta Platforms Inc. CEO Mark Zuckerberg’s, as per the latest data from Bloomberg Billionaires Index. What Happened With a net worth of $111 billion, Buffett ranked sixth among the world’s richest people and passed Zuckerberg who is…
Iceland Takes Aim at Zuckerberg’s Facebook ‘Meta’ Name Change in New Parody Tourism Video
Inspired by Iceland, a communication platform promoting Iceland and Icelandic products, has taken aim at Facebook CEO Mark Zuckerberg’s video announcing the tech giant’s name change to Meta in its latest advertising campaign. On Thursday, the communication platform, which is owned and operated by Business Iceland, published a marketing video on YouTube promoting tourism in the country. The video looks eerily…
Mark Zuckerberg Announces He’s Renaming Facebook to ‘Meta’
October 28, 2021
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Facebook Inc. on Thursday is officially changing its name to Meta, according to CEO Mark Zuckerberg, coming after the social media giant recently endured leaks and so-called whistleblower complaints about its companywide practices. “Building social apps will always be important for us, and there’s a lot more to build. But increasingly, it’s not all we…
Facebook Invests Billions in Metaverse Efforts as Ad Business Slows
October 26, 2021
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Facebook Inc. said on Monday it will start publishing the financial results of its augmented and virtual reality labs as a separate unit, where it is investing billions in its ambitions to build the “metaverse” and as it reported that its main advertising business faces “significant uncertainty.” Facebook, which reported third-quarter profit up 17 percent,…
CEO Mark Zuckerberg Addresses Leak of Thousands of Facebook Documents
Facebook CEO Mark Zuckerberg responded Monday to the release of thousands of company documents recently leaked by whistleblower Frances Haugen, saying large companies “should be scrutinized” and arguing that the leaked documents could be used to “paint a false picture” of the company. The statement noted the company’s brands—that include Facebook, Instagram, and WhatsApp, among…
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