Mark Zuckerberg Archives - Page 5 of 6

Texas AG Launches Investigation into Mark Zuckerberg Group for Violating State Election Laws

Texas Attorney General Ken Paxton has launched an investigation into an organization linked to Facebook founder Mark Zuckerberg. AG Paxton revealed he is investigating the Center for Tech and Civil Life (CTCL), a non-profit supported by Zuckerberg, regarding potential violations of Texas election laws. On Thursday, Paxton launched a probe…

Facebook to Lay Off 11,000 Staff Today as Company Struggles

Facebook's parent company Meta has announced that it is laying off a whopping 11,000 of its staff members as the Big Tech company struggles financially. On Wednesday morning, Meta, which owns Facebook, Instagram, and Whatsapp, revealed that it is culling 13 percent of its workforce in a major shakeup. The…

Facebook to Begin Mass Layoffs This Week as Company Collapses

Facebook's parent company Meta is to begin mass layoffs as early as this week as the company collapses amid plunging stock values and dismal earnings. Once the hottest company in Silicon Valley, Meta has seen its share prices plummet over the past year. As Mark Zuckerberg's Big Tech corporation has…

Facebook Labeled a ‘Train Wreck’ as Market Value Plummets by $700 Billion

Facebook's parent company Meta has been labeled a "train wreck" by financial analysts as the Big Tech giant has seen $700 billion wiped from its market value in just one year. Meta reached its peak high of more than $1 trillion in September 2021. However, the company's bleak earnings and…

Meta Fined $24.7 Million for Violating Campaign Finance Laws in Washington State

Big Tech giant Meta Platforms Inc. has been fined $24.6 million for violating campaign finance transparency laws in Washington state. The ruling is a major victory for state Attorney General Bob Ferguson, who had asked that the judge impose the maximum penalty. Judge Douglass North of King County Superior Court ruled…

Facebook Warns of Mass Layoffs amid Financial Struggles

Facebook's parent company Meta has warned staff that mass layoffs are looming as the Big Tech giant's profits slump. Meta announced that it would freeze hiring and outlined a new plan to reorganize and cut back its staff for the first time in its history. The move comes as the…

IRS Called on to Investigate Tax Breaks Mark Zuckerberg Received for Funding 2020 Election Interference

The Internal Revenue Service has been called on to investigate the tax breaks that Facebook/Meta CEO Mark Zuckerberg received after pumping hundreds of millions of dollars into efforts to meddle in the 2020 presidential election. Conservative think tank The Center for Renewing America has filed a complaint that demands the…

Facebook Caught Spying on Private Messages, Reporting Users Who Question Election Results to FBI

Social media giant Facebook has been caught spying on the private messages of its users and reporting people who question the results of the 2020 presidential election to the FBI. Several whistleblowers from within the U.S. Department of Justice (DOJ) have reportedly revealed that the Big Tech company has been…

Mark Zuckerberg Officially ‘Served Notice’ by Congress, Ordered to Hand Over Evidence on FBI’s 2020 Election Interference

Meta CEO Mark Zuckerberg has been officially "served notice" that Facebook is under congressional investigation for suspected interference in the 2020 election. On Thursday, Zuckerberg was issued a letter from House lawmakers demanding that Facebook, and its parent company Meta, hand over all evidence that the FBI ordered them to…

FBI Responds to Facebook’s Censorship Claims: Hunter Biden Story Was ‘Potential Threat Information’

The Federal Bureau of Investigation has responded to claims by Meta CEO Mark Zuckerberg that the FBI pressured the social media platform to censor reports on Hunter Biden's "Laptop from Hell." According to the FBI, reports on the laptop belonging to Democrat President Joe Biden's son are considered "potential threat…