Meta is reportedly launching a program to support artificial intelligence (AI) adoption among small businesses. Meta Small Business is aimed at the more than 250 million small businesses around the world that use the company's social media programs, Axios reported Wednesday (March 25), citing an internal memo from CEO Mark Zuckerberg.
Hours after Meta lost a similar child safety lawsuit in New Mexico, a Los Angeles jury just handed the social media giant, along with YouTube, another defeat. In a case that attempted to prove that social media platforms played a major role in harming a young woman's mental health, jurors have sided with the plaintiff, who goes by her initials, K.G.M.
Meta is laying off several hundred employees across multiple teams, including sales, recruiting, and the Reality Labs division, as reported by The Information and Bloomberg.
Meta and YouTube were found negligent in a landmark social media addiction trial. The case centered on a woman who said social media harmed her mental health from a young age.
A jury found the companies negligent in their app designs, harming a young user with design features that were addictive and led to her mental health distress.
Meta will lay off several hundred people across Reality Labs, social media, recruiting and sales on Wednesday (March 25), The Information reported Wednesday, citing unnamed sources. The company employed more than 78,000 people as of the end of 2025, according to the report.
The tech giant is cutting jobs across several divisions including Facebook and its Reality Labs unit in overhaul for the artificial intelligence era.
Meta is launching Meta Small Business, a new company-wide initiative focused on supporting entrepreneurship and driving AI adoption, Axios reported on Wednesday.
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) is offering stock options to top executives for the first time since its 2012 initial public offering, in a bid to retain key talent as the company intensifies its push into artificial intelligence, according to a company spokesperson. The new equity awards will only be triggered if Meta achieves “massive future success,” the spokesperson said, citing performance thresholds that could include nearly doubling the company's share price to above $1,100.
Meta is looking to leverage AI's ability to inform and potentially influence shoppers to increase sales on the company's social media platforms, like Facebook and Instagram.
Stock futures are rising and oil prices are dropping this morning following reports that the U.S. sent Iran a 15-point plan to end the war in the Middle East; Meta is targeting a market cap of $9 trillion in a new round of executive stock options; OpenAI said Tuesday it would shut down its Sora video generation app as the ChatGPT maker looks to cut costs ahead of a potential IPO later this year; and Jefferies reports earnings after markets close amid reports of potential takeover interest from a Japanese financial firm. Here's what you need to know today.
Meta, the owner of Facebook, Instagram and Whatsapp, has been ordered to pay $375m (£280m) in damages after it was found to have knowingly harmed children's mental health.