MARK ZUCKERBERG news and archive

A downsizing Meta to lay off further 10,000 employees

Meta is downsizing its personnel with a second round of job cuts. The parent company of Facebook, Whatsapp and Instagram announced 10,000 employees would lose their jobs in their latest restructuring efforts. In a memo to employees Meta CEO Mark Zuckerberg said he believed the company had suffered a humbling wake-up call. “We expect to reduce...

Fashion Featured

In Meta's new store Avatars can be dressed in Balenciaga, Prada and Thom Browne

Meta is launching an Avatar Store on Facebook, Instagram and Messenger. The store will launch to include digital clothes from Balenciaga, Prada and Thom Browne, as was announced by Mark Zuckerberg on Twitter. The Facebook founder and Instagram Fashion Director Eva Chen were pictured as avatars in several looks from each designer. Early in May Mr...

BusinessFeatured

Mark Zuckerberg meets Italy's fashion elites to discuss next generation of smart wearables

Meta’s CEO Mark Zuckerberg is on a charm offensive, meeting with Milan’s top fashion professionals to discuss the next generation of smart wearables in virtual reality. The founder of Facebook and parent of WhatsApp and Instagram, Meta is heavily investing in the future of wearable technology and last year launched a range of smart glasses with...

Fashion Featured

The end of formal business attire?

While the suit may previously have been declared dead by fashion's forecasters, then resurrected for the umpteenth time on catwalks everywhere, formal business attire has been left somewhat to fend for its own merit. This week Goldman Sachs, the oracle of investment banking, sent an internal memo to its employees stating it was loosening its...