Wednesday, March 29, 2023
Facebook parent Meta is bringing Google-like review system for bonus payouts: Report
Citing an internal memo, Wall Street Journal reported that Meta is planning to lower bonus pays for some employees and assess staff performance more frequently. The report also mentioned that employees who get a rating of "met most expectations" in their 2023 year-end reviews, will receive a smaller percentage of bonuses and restricted stock award due in March 2024. https://ift.tt/jnaT74A
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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)
Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...
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