Latest in Meta Approves
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Meta approves plan for bigger executive bonuses following 5% layoffs
Meta's executive officers could earn a bonus of 200% of their base salary under the company's new executive bonus plan, up from the 75% they earned previously.CNBC - 21h -
Meta approves plan for bigger executive bonuses following 5% layoffs
Executives at Meta stand to get bigger bonuses this year.NBC News - 18h -
Meta Approves Executive Bonuses Up to 200 Percent After Laying Off 1 in 20 Workers
Your company should consider the message this sends to the non-executive workforce, and not follow the tech giant’s example.Inc. - 16h -
Meta Spending to Soar on AI, Massive Data Center
The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies’ accelerating investments into artificial intelligence.The Wall Street Journal - Jan. 24 -
Meta Will Build the World’s Longest Undersea Cable
Meta’s Waterworth Project will provide internet connectivity on five continents, with landing points in India, the United States, Brazil, and South Africa.Wired - 2d -
Meta’s ‘free speech’ revamp divides oversight board
Independent body searches for ways to hold social media group to account over content moderation and hate speech changesFinancial Times - 1d -
EU Conditionally Approves International Paper's $7.16 Billion DS Smith Buy
The European Commission said that the parties’ offer to sell five of International Paper’s plants in Europe fully addresses its competition concerns over the deal.The Wall Street Journal - Jan. 24 -
Court Approves $795 Million Debt Deal for Spirit Airlines
A U.S. Bankruptcy Judge approved the Spirit Airlines’ restructuring proposal.Inc. - 1d -
Senate Republicans approve budget framework, pushing past Democratic objections
Republican senators pushed a $340 billion budget framework to passage over Democratic objections after a nearly all-night voteABC News - 1d -
Meta slashes staff stock awards as group embarks on AI spending drive
Most employees will receive about 10% less equity options this yearFinancial Times - 1d -
EU envoys approve more sanctions against Russia to mark the third anniversary of its war on Ukraine
European Union envoys have approved new sanctions against Russia, with the measures set to enter into force next week on the third anniversary of its full-scale invasion of UkraineABC News - 2d -
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Google, Meta execs blast Europe over strict AI regulation as Big Tech ups the ante
Executives at Google and Meta said that Europe's artificial intelligence industry is being held back by excessive regulation.CNBC - 23h -
This Chinese AI Bet Has Outperformed Magnificent Seven Names Like Meta and Google This Year
Alibaba stock soared after a strong earnings beat, bringing its year-to-date gains to 60 percent.Inc. - 23h