Meta begins 5% workforce reduction as part of strategic shift towards AI
Meta begins 5% workforce reduction as part of strategic shift towards AI

Meta Platforms, the parent company of Facebook, has launched a series of performance-based layoffs, reducing its global workforce by 5%, or approximately 4,000 employees. This move is in line with CEO Mark Zuckerbergs strategy to raise the bar on performance and streamline operations. Employees...

Zuckerberg cites YouTube in defense of Meta's AI copyright case
Zuckerberg cites YouTube in defense of Meta's AI copyright case

Meta CEO Mark Zuckerberg appears to have used YouTube and its battle to take down pirated content to defend his own companys use of a data set containing copyrighted e-books to train AI models, newly released snippets of his deposition reveals, reports techcrunch. The deposition, which was part...

Musk, Bezos, Zuckerberg to attend Trump's inauguration
Musk, Bezos, Zuckerberg to attend Trump's inauguration

Tech giants Elon Musk, Jeff Bezos, and Mark Zuckerberg are set to attend U.S. President-elect Donald Trumps inauguration on Monday, according to sources familiar with the event planning. The high-profile CEOs of Tesla, Amazon, and Meta will be prominently featured, sitting alongside Cabinet...

Forex market gets volatile again
Forex market gets volatile again

The countrys economy has struggled with an inconsistent dollar rate for almost two years. Although the economy saw some stability in between, the price of the greenback is becoming volatile once again. After the government announced an increase in the currencys price, the kerb market became...

Meta ending fact-checking program: Zuckerberg
Meta ending fact-checking program: Zuckerberg

Meta CEO Mark Zuckerberg unveiled significant changes to the companys moderation policies on Tuesday, citing a shifting political and social climate and the need to restore free expression across its platforms. The updates will impact Facebook, Instagram, and Threads, which together serve billions...

Dollar price dearer despite record remittance inflows
Dollar price dearer despite record remittance inflows

Despite record remittance inflows, the price of the US dollar remains high. The value of the dollar is still over the top in the kerb market. The price has risen further over the past week. In some places in the kerb market, the exchange rate stands at Tk 129 per dollar. Although remittance...