#MetaPlatforms Inc is planning to cut thousands more jobs as soon as this week in its fresh round of #layoffs.

Read here: livemint.com/news/world/meta-plans-to-fire-1-000-more-employees-this-week-11678157345579.html

#Facebook-owner #MetaPlatforms Inc said on Friday it was exploring a standalone decentralized social network for sharing text updates.

https://www.livemint.com/companies/news/facebookowner-meta-explores-decentralized-social-network-app-for-text-updates-11678425202622.html

The world's 500 richest people have added almost $600 billion to their combined fortunes this year, according to the Bloomberg Billionaires Index, with #MetaPlatforms Inc. founder #MarkZuckerberg gaining the most.

https://www.livemint.com/news/world/how-much-wealth-you-need-to-join-the-richest-1-globally-11684330764107.html

#MetaPlatforms Inc , valued at about $670 billion as of last close, clinched the trillion-dollar market capitalization milestone in 2021, while #Apple Inc, #Alphabet Inc, #Microsoft Corp and #Amazon Inc are the other #US companies that are part of the club.



Read here: https://www.livemint.com/market/stock-market-news/nvidia-becomes-first-us-chipmaker-valued-at-over-1-trillion-joins-exclusive-faang-group-11685451115730.html

#MetaPlatforms saw a record-breaking one-day gain of $196 billion in stock market value today, Reuters reported. The surge, which came after Meta declared its inaugural dividend & revealed robust financial results, marks the largest single-day increase in Wall Street history.

Read more: https://www.read.ht/Rqzd