Zuckerbergs

Disclaimer: Opinions expressed below belong solely to the author. Renaming any product or service is never an easy task and is typically undertaken when there are absolutely no other options. Once the decision is made, the process should…

Mark Zuckerberg posted his first tweet in more than a decade, a playful jab at Elon Musk on the day the Meta Platforms founder rolled out a much-anticipated Twitter substitute. Meta’s Instagram officially unveiled Threads Wednesday,…

A cancelled cage fight between Elon Musk vs Mark Zuckerberg can finally happen, thanks to this new browser game. The tech billionaires’ rivalry started on social media when Musk challenged Zuckerberg, who has trained in jiu-jitsu, to a…

MBW Explains is a new series of analytical features in which we explore the context behind major music industry talking points – and suggest what might happen next…WHAT’S HAPPENED?This week, The Italian Society of Authors and Publishers…

After cutting around 13% of its global workforce in November, Facebook parent company Meta has announced that an additional 10,000 workers are to be laid off at the tech company.The previous reduction in staff totaled 11,000 layoffs, which…

Zuckerberg faces added challenges as a result of Meta’s size: the bar for success is high.“It takes at least 5m paying subscribers to get to a place where it’s 1 per cent of revenue,” says Brian Wieser, an advertising consultant. “It’s hard…

Meta Platforms is headed for its biggest single-day gain in almost a decade after Chief Executive Officer Mark Zuckerberg laid out plans to make the social media giant leaner, more efficient and more decisive. Zuckerberg, who has spent the…

Facebook owner Meta Platforms has agreed to pay $US725 million ($1 billion) to resolve a class-action lawsuit accusing the social media giant of allowing third parties, including Cambridge Analytica, to access users’ personal…

Even so, something clearly needed to be done. Meta has had a terrible year. In the latest three months for which figures are available revenues fell by 4 per cent from $US29 billion ($45 billion) to just over $US27 billion. Its share price…

Meta’s big spending might make sense if it were using the money to subsidise the cost of its VR headsets — lowering its prices enough to make the devices a mainstream hit. But as I said, the company’s latest VR device sells for an…