Facebook planning to change its name

Social media giant Facebook is planning to rebrand the company with a new name next week. As per The Verge, the company is planning to change its name to reflect its focus on building the metaverse, according to a source with direct knowledge of the matter. The name change, which CEO Mark Zuckerberg plans to … Continue reading Facebook planning to change its name

Facebook transitioning to a ‘metaverse’ company – Zuckerberg

The term designates a cyberspace parallel to physical reality where a community of people can interact in the form of avatars. The concept was coined by author Neal Stephenson in the 1992 science fiction novel "Snow Crash". It refers to the merging of physical, augmented, and virtual reality in a shared online space. Some video … Continue reading Facebook transitioning to a ‘metaverse’ company – Zuckerberg

Zuckerberg hails ‘metaverse’ as the ‘next big thing’ in technology

Facebook's Mark Zuckerberg has hailed the so-called "metaverse", describing it as the "next generation of the internet and next chapter" for the company, he told investors in a conference call on Wednesday. The metaverse, short for "meta-universe", is a digital world where the real and virtual merge into a vision of science fiction and allows … Continue reading Zuckerberg hails ‘metaverse’ as the ‘next big thing’ in technology

Facebook spent over $22m to keep CEO Mark Zuckerberg safe

After a year of scandals and controversy, Facebook spends $22.6 million to keep Mark Zuckerberg safe Facebook has in the past year doubled the amount of money it is spending on the personal security of founder and CEO Mark Zuckerberg. Regulatory filings have revealed that Facebook now spends $22.6 million on bodyguards and other security for … Continue reading Facebook spent over $22m to keep CEO Mark Zuckerberg safe

Facebook plans to merge Instagram, WhatsApp and FB Messenger

FACEBOOK CEO Mark Zuckerberg has said his company wants to integrate WhatsApp and Instagram, adding that services from both applications will function under a single messaging platform--Facebook Messenger. The idea behind Zuckerberg's new business plan is to enhance communication between users across the three platforms. According to The New York Times, this project will be … Continue reading Facebook plans to merge Instagram, WhatsApp and FB Messenger

Facebook searching for a new leader

  Although Facebook has been run by its founder Mark Zuckerberg for many years, the young entrepreneur is believed to be looking for a new leader to take up the mantle. Due to the alleged privacy violations and fake news regarding Facebook in 2016, the company now faces a lot of backlash from users. The … Continue reading Facebook searching for a new leader

Zuckerberg defends FB and his leadership positions

  Gripped with a string of scandals that have impacted not only Facebook shares but also his personal wealth, the company's founder and CEO Mark Zuckerberg has now defended the company and his own role at the world's largest social media giant.  In a recent interview with CNN, Zuckerberg clarified that he had no intentions … Continue reading Zuckerberg defends FB and his leadership positions

Facebook in “fresh” troubles

Facebook hit a low point this week following a string of scandals since the start of 2018. A damaging report published by The New York Times this week added another shocking controversy to the growing troubles facing Facebook, and caused the company's shares to slide to their lowest since April 2017. However, the company's boss, … Continue reading Facebook in “fresh” troubles

Mark Zuckerberg reveals a ‘Secret to Successful HR Management’

Mark Zuckerberg admits that managing human and material resources could be a mountainous task, and it is unarguably so when there are over 30,000 employees, 1.47 billion active users, and investments worth billions of U.S. dollars to control. However, Zuckerberg says there is a simple trick to Human Resource management: Hire people you would be … Continue reading Mark Zuckerberg reveals a ‘Secret to Successful HR Management’

Why Facebook earnings report caused massive drop in stock value

Facebook on Thursday published its earnings report with forecast of decline in revenue. The market development triggered a significant fall of company’s stocks value and investors are reportedly scared of a slow-down in the social network giant’s revenue growth. Facebook shares dropped over 19% in trading on Thursday, a market trend which has been the … Continue reading Why Facebook earnings report caused massive drop in stock value