Meta Platforms

Last year when Facebook FB -6.77% blocked news in Australia in response to potential legislation making platforms pay publishers for content, it also took down the pages of Australian hospitals, emergency services and charities. It publicly called the resulting chaos “inadvertent.”Internally, the pre-emptive strike was hailed as a strategic masterstroke. Facebook documents and testimony filed to U.S. and Australian authorities by whistleblowers allege that…

Exercise-bike maker Peloton has seen its stock fall after a period of high demand early in the pandemic. Photo: Jeenah Moon/Bloomberg News…

A growing number of startups are emerging to challenge the status quo. Many of them are rooted in their founders’ experiences within the industry’s leading giant, Facebook’s parent company, now known as Meta Platforms Inc. Nearly a decade ago, then-WhatsApp executive Neeraj Arora helped negotiate the $22 billion sale of the messaging startup to Facebook, in one of the largest technology deals in history. But once at Facebook, Mr. Arora says he soured on the company’s reliance on online…

Elon Musk isn’t the only entrepreneur with big ideas about how to fix social media.A growing number of startups are emerging to challenge the status quo. Many of them are rooted in their founders’ experiences within the industry’s leading giant, Facebook’s parent company, now known as Meta Platforms Inc. FB 5.37% Nearly a decade ago, then-WhatsApp executive Neeraj Arora helped negotiate the $22 billion sale…

Facebook parent Meta Platforms on Wednesday announced a sharp slowdown in hiring, ending an extended period in which the tech giant added thousands of jobs a year.“We regularly re-evaluate our talent pipeline according to our business needs and in light of the expense guidance given for this earnings period, we are slowing its growth accordingly,” a Meta spokesperson said in a statement. “However, we will continue to grow our workforce to ensure we focus on long term impact.” Facebook parent Meta Platformson Wednesday…

Facebook FB 0.43% parent Meta Platforms Inc. FB 0.43% developed e-commerce services in 2020 as people shopped more from home and the company faced a changing digital ad market. Two years later, employees, former executives and retailers say the division remains a work in progress.Some retailers say they are frustrated by Meta’s e-commerce rollout, noting that the service is missing basic…