Business Success Elites

Meta

Meta Lays Off 8000 Employees: AI Restructuring Begins

Meta Lays Off 8000 Employees: AI Restructuring Begins

Meta began its largest restructuring in over a year Wednesday, laying off 8,000 employees, roughly 10% of its global workforce—as CEO Mark Zuckerberg doubles down on artificial intelligence despite mounting costs and competitive pressures.
Iran Targets Google, Meta with Hormuz Internet Cable Tax, Oil Chokehold Was Just the Beginning

Iran Targets Google, Meta with Hormuz Internet Cable Tax, Oil Chokehold Was Just the Beginning

Iran Eyes Tax on Google, Meta for Hormuz Internet Cables Iran’s military spokesperson declared last week that Tehran will impose fees on the submarine fibre-optic cables beneath the Strait of Hormuz — issuing demands that US companies Google, Meta, Microsoft, and Amazon are legally barred from meeting under American sanctions law. The move is being […]
Meta to Surpass Google in Digital Ad Revenue for First Time

Meta to Surpass Google in Digital Ad Revenue for First Time

In a long-awaited shake-up, Meta is set to overtake Google as the leader in global digital ad revenue this year. Fresh eMarketer projections show the social giant pulling ahead thanks to smarter tools and fresh ad spots, a win that could reshape how brands spend their budgets.