Meta - eriinfo

Meta launches Plus subscription tiers for Instagram, Facebook, and WhatsApp

eriinfo.com2 months ago04 mins

Following a brief phase of unannounced public testing, Meta has officially launched a premium, subscription-based ecosystem across its core social platforms: Instagram, Facebook, and WhatsApp. Operating under the newly established Meta One brand, a unified division built to manage the company’s experimental monthly payment structures, these “Plus” tiers introduce exclusive analytics, advanced messaging capabilities, and…

Meta platforms contribute R16.5bn to SA’s economy

eriinfo.com2 months ago08 mins

The Meta-commissioned study highlights the growing role digital platforms play in South Africa’s SME and informal business sectors. Meta’s platforms generated an estimated R16.5 billion in annual economic value for South Africa and are helping nearly one million small businesses operate and grow, according to a new study commissioned by the social media giant. The…

Meta slashes 8,000 jobs in continues pivot toward AI

eriinfo.com3 months ago02 mins

Meta is implementing another round of aggressive workforce reductions, cutting roughly 10% of its total staff. According to reports from Bloomberg, the move will result in approximately 8,000 layoffs and the elimination of 6,000 vacant positions. Read: Tim Cook steps down as Apple CEO and passes reigns to John Ternus In an internal memo, Janelle…

Meta Signs Agreement With AWS to Power Agentic AI on AWS Graviton Chips

eriinfo.com3 months ago02 mins

Meta has signed an agreement to deploy AWS Graviton processors at scale. The deal marks a significant expansion of a long-standing partnership between the two companies as Meta builds its next generation of AI. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260424641117/en/ The deployment starts with tens of millions of Graviton cores,…

Meta tests WhatsApp Plus subscription in major strategy shift

eriinfo.com3 months ago04 mins

Meta Platforms is testing a paid consumer subscription tier for WhatsApp, a significant pivot for a messaging service that has defined its global dominance through a strictly free-to-use model. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday: Apple smart glasses! The new offering, titled WhatsApp Plus, was first spotted in recent Android beta builds and…

Meta debuts new AI model, attempting to catch up to Google, OpenAI

eriinfo.com3 months ago09 mins

Meta is debuting its first major artificial intelligence model since the costly hiring of Scale AI’s Alexandr Wang nine months ago, as the Facebook parent aims to carve out a niche in a market that’s being dominated by OpenAI, Anthropic and Google. Dubbed Muse Spark and originally codenamed Avocado, the AI model announced Wednesday is…

Tech stocks hammered on Iran war worries, Meta legal woes

eriinfo.com4 months ago05 mins

Meta CEO Mark Zuckerberg arrives for a meeting on Capitol Hill on March 26, 2026. Andrew Harnik | Getty Images A bad week for stocks was particularly rough for tech investors, as the Nasdaq suffered its worst weekly drop since April 2025. Meta and Micron saw double-digit drops, but the pain was felt across the…

Meta and YouTube found liable in landmark social media addiction trial

eriinfo.com4 months ago01 mins

A woman has been awarded $6m in a verdict that could have implications for hundreds of other cases in the US.

Meta reportedly planning to retrench 20 percent of its workforce amid AI pivot

eriinfo.com4 months ago03 mins

Meta may be preparing for one of the most significant rounds of layoffs in its history. According to a report from Reuters, the social media giant is considering cutting approximately 20% of its workforce. While the report indicates that neither a specific date nor the final headcount has been officially set, the scale of the…

Meta planning layoffs that could hit 20% of workforce

eriinfo.com4 months ago05 mins

Meta Platforms is planning sweeping layoffs that could affect 20% or more of the company, three sources familiar with the matter have said, as Meta seeks to offset costly AI infrastructure bets and prepare for greater efficiency brought about by AI-assisted workers. No date has been set for the cuts and the magnitude has not…