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Meta's AI Pivot: Layoffs to Fuel Machine Learning Push
Meta Platforms, the parent company of Facebook, is preparing to initiate company-wide layoffs starting Monday, February 12, 2025, as part of a broader strategy to prioritize artificial intelligence (AI) and machine learning. The layoffs, dubbed "performance terminations," will impact around 5% of the company's workforce, targeting employees with the lowest performance. Notifications will be issued at 5 a.m. local time in most countries, including the U.S., with some exceptions in Germany, France, Italy, and the Netherlands due to local labor laws.
Alongside these reductions, Meta is accelerating its recruitment efforts for machine learning engineers and other key technical positions. This initiative aligns with the company's focus for 2025, which places AI at the center of its strategy to enhance its platforms and services.
The layoffs come amid a series of other significant changes at Meta, such as plans to invest $60-65 billion in capital expenditures, a substantial rise from last year. Additionally, the company has revamped its content moderation policies, moving from third-party fact-checking to community-driven notes, and relaxing its stance on hate speech and political discourse. These policy shifts seem to reflect recent political trends and align with the current U.S. administration’s approach.
Despite the workforce cuts, Meta intends to refill critical roles, particularly in AI and machine learning, to support its strategic goals. This move further emphasizes Meta’s commitment to becoming a leader in AI innovation, enhancing user experience, and maintaining its competitive edge in the tech industry.
#MetaAI #BinanceSquareTalks #Write2Earn! #Facebook $AI
Alongside these reductions, Meta is accelerating its recruitment efforts for machine learning engineers and other key technical positions. This initiative aligns with the company's focus for 2025, which places AI at the center of its strategy to enhance its platforms and services.
The layoffs come amid a series of other significant changes at Meta, such as plans to invest $60-65 billion in capital expenditures, a substantial rise from last year. Additionally, the company has revamped its content moderation policies, moving from third-party fact-checking to community-driven notes, and relaxing its stance on hate speech and political discourse. These policy shifts seem to reflect recent political trends and align with the current U.S. administration’s approach.
Despite the workforce cuts, Meta intends to refill critical roles, particularly in AI and machine learning, to support its strategic goals. This move further emphasizes Meta’s commitment to becoming a leader in AI innovation, enhancing user experience, and maintaining its competitive edge in the tech industry.
#MetaAI #BinanceSquareTalks #Write2Earn! #Facebook $AI
Gynecologist Loses $132k+ in Crypto Scam on Facebook
#cryptonews #scam
According to a report from Mumbai, #India , a gynecologist has found himself in a harrowing situation, having lost a staggering sum of over $132,144, via a crypto scam. The report noted that the doctor lost the funds after engaging with a woman he met online who purportedly offered guidance in crypto investments.
Per the doctor’s complaint filed with India’s central cybercrime police station, the doctor’s ordeal commenced in August 2022. It started with an unsolicited message on Facebook regarding crypto trading from an individual identifying as Melissa Campbell. According to the report, the doctor and Campbell got talking about crypto investment after the lady positioned herself as a crypto trading expert.
Reportedly, Campbell offered assurances of substantial profits and recommended setting up a trading account. Therefore, the doctor provided personal information, including his mobile number, email address, and driver’s license, per the police report.
Following Campbell’s instructions, the doctor created his account on a crypto trading platform. Over time, he invested more than $132,000, purchasing cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and stablecoin USDT. Also, under Campbell’s guidance, the gynecologist further transferred the cryptocurrencies to another wallet address with the promise of enhanced profits through trading.
Meanwhile, the doctor only inquired about the redemption process when he believed he had accrued substantial profits. In parallel, Campbell informed him that he needed to cover taxes and commissions. The report noted that the doctor desperately borrowed $33,636 from a friend to settle the outstanding bill. However, the demands for additional funds continued, leaving the doctor suspicious.
Nearly a year after the ordeal began, the doctor contacted the police to lodge a First Information Report (FIR) for cheating under the Indian Penal Code (IPC). The matter is currently under investigation.
#facebook #crypto
#cryptonews #scam
According to a report from Mumbai, #India , a gynecologist has found himself in a harrowing situation, having lost a staggering sum of over $132,144, via a crypto scam. The report noted that the doctor lost the funds after engaging with a woman he met online who purportedly offered guidance in crypto investments.
Per the doctor’s complaint filed with India’s central cybercrime police station, the doctor’s ordeal commenced in August 2022. It started with an unsolicited message on Facebook regarding crypto trading from an individual identifying as Melissa Campbell. According to the report, the doctor and Campbell got talking about crypto investment after the lady positioned herself as a crypto trading expert.
Reportedly, Campbell offered assurances of substantial profits and recommended setting up a trading account. Therefore, the doctor provided personal information, including his mobile number, email address, and driver’s license, per the police report.
Following Campbell’s instructions, the doctor created his account on a crypto trading platform. Over time, he invested more than $132,000, purchasing cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and stablecoin USDT. Also, under Campbell’s guidance, the gynecologist further transferred the cryptocurrencies to another wallet address with the promise of enhanced profits through trading.
Meanwhile, the doctor only inquired about the redemption process when he believed he had accrued substantial profits. In parallel, Campbell informed him that he needed to cover taxes and commissions. The report noted that the doctor desperately borrowed $33,636 from a friend to settle the outstanding bill. However, the demands for additional funds continued, leaving the doctor suspicious.
Nearly a year after the ordeal began, the doctor contacted the police to lodge a First Information Report (FIR) for cheating under the Indian Penal Code (IPC). The matter is currently under investigation.
#facebook #crypto
#Metaverse #twitter #facebook
Breaking News‼️ $META (Facebook) is developing a decentralized social media Twitter competitor. 🤔
Breaking News‼️ $META (Facebook) is developing a decentralized social media Twitter competitor. 🤔
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🔥 Meta Fined 251 Million Euros for Data Breach in 2018
The Irish Data Protection Commission (DPC) has just decided to fine Meta Platforms Ireland Limited (MPIL) 251 million euros for a serious data breach reported in 2018. The breach affected approximately 29 million Facebook accounts worldwide, including 3 million accounts from the EU/European Economic Area. The leaked data included names, emails, phone numbers, locations, workplaces, dates of birth, religious beliefs, and genders.
The DPC's investigation concluded that Meta violated GDPR regulations. Specifically:
💰11 million euros fine for failing to fully comply with the data breach notification obligations under Article 33(3) and 33(5).
💰240 million euros fine for failing to design the data processing system in accordance with data protection principles, under Article 25(1) and 25(2).
DPC Deputy Commissioner, Graham Doyle, emphasized: "This action highlights the serious risks when data protection principles are not integrated into the design and operational processes."
This case serves as a strong warning to global organizations about the importance of protecting personal data, especially in an increasingly digital age.
#META #Write&Earn #Facebook
The Irish Data Protection Commission (DPC) has just decided to fine Meta Platforms Ireland Limited (MPIL) 251 million euros for a serious data breach reported in 2018. The breach affected approximately 29 million Facebook accounts worldwide, including 3 million accounts from the EU/European Economic Area. The leaked data included names, emails, phone numbers, locations, workplaces, dates of birth, religious beliefs, and genders.
The DPC's investigation concluded that Meta violated GDPR regulations. Specifically:
💰11 million euros fine for failing to fully comply with the data breach notification obligations under Article 33(3) and 33(5).
💰240 million euros fine for failing to design the data processing system in accordance with data protection principles, under Article 25(1) and 25(2).
DPC Deputy Commissioner, Graham Doyle, emphasized: "This action highlights the serious risks when data protection principles are not integrated into the design and operational processes."
This case serves as a strong warning to global organizations about the importance of protecting personal data, especially in an increasingly digital age.
#META #Write&Earn #Facebook
Hello everyone,
I specialize in promoting your accounts on social media platforms such as TikTok, Instagram, YouTube, Twitter, Facebook, and others. Payment is accepted in cryptocurrency.
#binance #BinanceTreats #tiktok #instagram #facebook
I specialize in promoting your accounts on social media platforms such as TikTok, Instagram, YouTube, Twitter, Facebook, and others. Payment is accepted in cryptocurrency.
#binance #BinanceTreats #tiktok #instagram #facebook
Instagram officially begins selling verification for $11.99 / month in the US.
#ınstagram #us #twitter #facebook #crypto2023
#ınstagram #us #twitter #facebook #crypto2023
#MOST TRENDING CHECK OUT AND TRADE $XRP $SOL
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Meta Results, by Farhan Badami, Market Analyst at eToro
As Mark Zuckerberg faced intense questioning from lawmakers at a Senate Judiciary Committee hearing, his company was celebrating a remarkable year. Meta's revenue in the fourth quarter reached $40.1 billion, exceeding the expected $39.2 billion. In addition, its earnings per share exceeded expectations, standing at $5.33 compared to the expected $4.97.
Facebook's daily active users reached 2.11 billion, exceeding the expected 2.07 billion, surprising many who expected a decline in the popularity of its flagship application. Advertising revenue also exceeded expectations, driven by Chinese retailers increasing spending to reach users around the world.
It wasn't long ago that Meta saw revenue decline for three consecutive quarters in 2022. Now, it's safe to say that the tech powerhouse has undergone a notable turnaround, advancing AI and improving its advertising business.
Meta's recent financial achievements demonstrate its resilience and strong market position. This success has allowed the company to declare its inaugural quarterly dividend of $0.50 per share, as well as approve an additional $50 billion worth of share buybacks.
Following these results, Meta shares rose 13% after the market closed, translating into a staggering $130 billion gain. Consequently, it has consolidated its position as the seventh global company by market capitalization. Up nearly 400% from its 2022 low, the stock's extraordinary performance undeniably qualifies it as great.
This content is for informational and educational purposes only and should not be considered investment advice or an investment recommendation. Past performance is no indication of future results
#Meta #facebook $BTC
As Mark Zuckerberg faced intense questioning from lawmakers at a Senate Judiciary Committee hearing, his company was celebrating a remarkable year. Meta's revenue in the fourth quarter reached $40.1 billion, exceeding the expected $39.2 billion. In addition, its earnings per share exceeded expectations, standing at $5.33 compared to the expected $4.97.
Facebook's daily active users reached 2.11 billion, exceeding the expected 2.07 billion, surprising many who expected a decline in the popularity of its flagship application. Advertising revenue also exceeded expectations, driven by Chinese retailers increasing spending to reach users around the world.
It wasn't long ago that Meta saw revenue decline for three consecutive quarters in 2022. Now, it's safe to say that the tech powerhouse has undergone a notable turnaround, advancing AI and improving its advertising business.
Meta's recent financial achievements demonstrate its resilience and strong market position. This success has allowed the company to declare its inaugural quarterly dividend of $0.50 per share, as well as approve an additional $50 billion worth of share buybacks.
Following these results, Meta shares rose 13% after the market closed, translating into a staggering $130 billion gain. Consequently, it has consolidated its position as the seventh global company by market capitalization. Up nearly 400% from its 2022 low, the stock's extraordinary performance undeniably qualifies it as great.
This content is for informational and educational purposes only and should not be considered investment advice or an investment recommendation. Past performance is no indication of future results
#Meta #facebook $BTC
$shiba #ElonsMusk Musk rockets fly 🚀 $BTC $BTC
ca
0xb50cdf71936cf45f5689d463d627f5ad89d2c79c
$ETH $SANTOS $NEIRO
#instragram #facebook
ca
0xb50cdf71936cf45f5689d463d627f5ad89d2c79c
$ETH $SANTOS $NEIRO
#instragram #facebook
⚠️ BREAKING : Meta services down worldwide, affecting Facebook, Instagram, and WhatsApp. 😳🧐
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#WhatsApp #Instagram #Facebook #CryptoMarketMoves #MarketCorrection
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#WhatsApp #Instagram #Facebook #CryptoMarketMoves #MarketCorrection
Meta, the parent company of Facebook and Instagram, is launching a paid verification service that will give their users a blue checkmark.
#facebook #instagram #BTC #crypto2023 #cryptoonindia
#facebook #instagram #BTC #crypto2023 #cryptoonindia
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Important note and some may be surprised ...
Did you know that the more news about a certain currency spreads on social media, the more its value increases!?
Yes, gentlemen, it is the fame system.... Let's make our currencies famous ...
Malik $SHIB Share this article on social media (#facebook #instagram #twitter and all the programs you know
.. Put a hashtag (#Shibainu ) Make it the talk of the planet and you will be happy with the result and if you can reach my words, do not forget to thank and deposit 😁
Did you know that the more news about a certain currency spreads on social media, the more its value increases!?
Yes, gentlemen, it is the fame system.... Let's make our currencies famous ...
Malik $SHIB Share this article on social media (#facebook #instagram #twitter and all the programs you know
.. Put a hashtag (#Shibainu ) Make it the talk of the planet and you will be happy with the result and if you can reach my words, do not forget to thank and deposit 😁
🔥BREAKING: Meta's board has been advised to invest part of its $72B in liquid assets in Bitcoin as a hedge against dollar devaluation. The proposal cites positive comments about BTC from CEO Mark Zuckerberg
$BTC
#meta
#Facebook
#BinanceSquareTalks
$BTC
#meta
#BinanceSquareTalks