Amid global slowdown, large tech companies almost halt hiring in India: Report

Mumbai/IBNS: Large tech companies have nearly stopped hiring new employees amid the global slowdown, media reports said.

Facebook's parent company Meta to cut 10,000 additional jobs, slash 5,000 more vacant positions

Facebook's parent company Meta Platforms Inc. has planned to lay off around 10,000 employees and close about 5,000 additional open roles in its second major round of job cuts in the past six months.

Facebook's parent company Meta plans to slash thousands of employees this week: Report

California: Meta Platforms Inc., which is the owner of popular social media platforms Facebook and Instagram, is planning another round of layoffs and will slash thousands of employees in the current week, media reports said on Tuesday.

Meta India public policy chief Rajiv Aggarwal, WhatsApp India head Abhijit Bose resign

New Delhi/IBNS: Two weeks after Facebook India head Ajit Mohan resigned to take up another job with rival platform Snap, Meta's country lead for public policy Rajiv Aggarwal quit on Tuesday.

Facebook's parent company Meta may begin large scale layoff this week: Reports

California: Social media giant Facebook's parent company  Meta Platforms Inc  is planning to begin large-scale layoffs this week, media reports said on Monday.

Facebook key executive Sheryl Sandberg steps down

California/UNI: Tech conglomerate Meta's CEO Sheryl Sandberg has announced her departure after 14 years.

Facebook owner Meta sees biggest ever stock market loss in 18 years

American media magnate Mark Zuckerberg has come under fresh media glare after Facebook's owner Meta reported a drop in daily users globally from 1.930 billion to 1.929 billion.

TikTok beats Facebook as most downloaded social media app in 2020

Washington/UNI/Sputnik: The Chinese social video platform TikTok became the most downloaded app among social networks in 2020, edging out Facebook Messenger, Japan's Nikkei newspaper reported on Tuesday.

Health insurance, micro-pension products to be available soon on WhatsApp

Mumbai/IBNS: Users of messaging app WhatsApp in India will have access to a string of “critical financial and livelihood services” for which talks are going on with leading banks and service providers.

WhatsApp's UPI payment service starts in India

Mumbai/IBNS: After years of struggle, Facebook Inc has finally managed to get approval for operating WhatsApp payments in India, starting Friday.

Facebook reports strong Q3 results

Washington/Xinhua: US social media giant Facebook Inc. reported on Thursday its financial results for the third quarter of 2020, with net income growing 29 percent to 7.85 US billion dollars for the quarter ending on September 30, compared with 6.09 billion dollars in the corresponding period last year.

PepsiCo joins growing advertising boycott of social media site Facebook: Reports

Moscow/Sputnik: The US food and beverage giant PepsiCo is set to pull its adverts from Facebook, joining a range of firms that have started a boycott of the social media platform due to concerns over its inability to monitor and police hateful content, the Fox News broadcaster reported on Sunday, citing sources in the company.

Amazon in talks to buy $ 2 billion stake in Bharti Airtel :Report

Mumbai/IBNS: After Facebook acquired 9.99% in Reliance Jio in a bid to grab a lion's share of India's booming digital economy, Amazon.com is also on its way to purchase approximately 5% stake in Bharti Airtel, for which the talks are still in preliminary phase, reported Reuters.

After Facebook deal, Mukesh Ambani becomes Asia's richest person again

Mumbai/IBNS: Indian businessman Mukesh Ambani pipped China's Jack Ma to once again become Asia's richest person after striking a deal with Mark Zuckerberg's Facebook Inc. a day ago, media reports said. 

Facebook buys 9.99 percent stake in Reliance Jio

New York/IBNS:  In what is seen as the largest Foreign Direct Investment ( FDI) in the Indian tech sector, social media giant Facebook will buy 9.99 percent stake in Reliance Industries led Jio Platforms.