Meta announced that Tony Xu, co-founder and CEO of DoorDash, Inc., has been elected to the company’s board of directors, effective immediately. Mark Zuckerberg, founder and CEO of Meta, said, “Tony has built a great service for millions of people to get food and more from hundreds of thousands of restaurants and small businesses. I’ve always…
Ride-hailing major Uber has extended work-from-home policy for its employees till September 13, as California continues to show a dramatic decline in the number of Covid-19 cases, according to IANS report. Uber is also encouraging employees to get vaccinated when it’s possible to do so, reports TechCrunch. “In considering the extension, we took into account…
ViacomCBS Inc’s top compliance official, Henry Moniz, is moving to Facebook Inc as the social media platform’s first chief compliance officer, as Facebook faces scrutiny from regulators and lawmakers, according to Reuters report. “We are pleased to confirm that Henry Moniz will be joining Facebook to lead our strategy and execution of compliance matters in…
Eruditus, an edtech startup that partners with top-tier universities across the United States, Europe, Latin America, India, and China to bring professional education to a global audience at an affordable price, announced that it has raised $113 million in funding led by Leeds Illuminate and South African internet giant Prosus Ventures (Formerly Naspers Ventures). Other…
The death of an unarmed man of colour in police custody in Minneapolis, U.S last week have sparked a row of protests across the country. The alleged killing of George Floyd by four Minneapolis police officers have once again highlighted the racial inequality in the United States and people have now taken to the streets…
Just days after Jack Dorsey announced permanent remote working for Twitter and Square employees, his counterpart Mark Zuckerberg announced a similar move for Facebook employees globally. In a publicly broadcasted live stream, Facebook Chief Executive Officer Mark Zuckerberg announced that Facebook Inc will shift toward more permanently embracing remote work even after coronavirus lockdowns ease.…
Days after Reliance and Facebook signed the $5.7 billion deal, Mukesh Ambani’s ambitious project JioMart has gone live on WhatsApp. Currently in its pilot phase, the service is live only in some areas of Mumbai including Navi Mumbai, Thane and Kalyan. The company plans to roll out the service in other parts of the country…
Facebook, announced that Robert M. Kimmitt, former Deputy Secretary of the Treasury and U.S. Ambassador to Germany, has been appointed to the company’s Board of Directors as lead independent director, effective immediately. Mark Zuckerberg, founder and CEO of Facebook, said, “The lead independent director is an important role for us and we’ve been looking for…
Vice President of Facebook’s engineering department Jay Parikh on Tuesday announced that he is leaving the company. He is the newest addition to the long list of executives who left the company over the past years. Parikh, who was considered to be instrumental in creating the data center infrastructure of the company will be succeeded…
Facebook Inc. which has been facing several criticisms for the past few years has hired the former UK deputy prime minister, as its head of global policy and communications. Clegg, 51, will be succeeding Elliot Schrage. The Social media giant has been facing severe political pressure over issues such as data scandals, spreading fake news, and the…
Facebook on Monday announced Adam Mosseri, Vice President of Product, will be taking position as the new Head of the photo-sharing app Instagram following the resignation of its founders Kevin Systrom and Mike Krieger. Adam Mosseri was earlier leading the news feed division of Facebook, one of the most important products of Facebook. His appointment will take…