What this means for Facebook, Instagram and WhatsApp users COMMENT | TOLU OLAREWAJU & JAGANNADHA PAWAN TAMVADA | Meta, the parent company of Facebook, Instagram and WhatsApp, was recently hit with three fines totalling more than US$290 million in Nigeria. The fines were imposed by Nigeria’s Federal Competition and Consumer Protection …
Read More »EU fines Apple, Meta amid transatlantic trade strains
The decision drew criticism from U.S. tech giants but was welcomed by consumers. BRUSSELS | Xinhua | The European Union (EU) on Wednesday imposed fines totaling 700 million euros (798.7 million U.S. dollars) on American tech giants Apple and Meta, a move expected to intensify already strained transatlantic trade relations. …
Read More »Meta is abandoning fact checking
Discontinuing its independent, third-party, fact-checking program doesn’t bode well for fight against misinformation COMMENT | NED WATT & OTHERS | Meta has announced it will abandon its fact-checking program, starting in the United States. It was aimed at preventing the spread of online lies among more than 3 billion people who …
Read More »Why is Meta ending its “Third-Party Fact-Checking” program?
SAN FRANCISCO, the United States | Xinhua | U.S. social media giant Meta announced Tuesday that it is ending the “Third-Party Fact-Checking” program and replacing it with the “Community Notes” system for content management. The shift would start in the United States. Supporters believe this step signifies Meta’s attempt to …
Read More »Threads versus Twitter
Why Meta’s app is the biggest threat to Twitter yet after gaining 30 million users in less than 24 hours of launch COMMENT | LISA M. GIVEN | The launch of social media app Threads as a competitor to Twitter is a game-changer. Meta, which also owns Facebook and Instagram, launched …
Read More »Meta launches social networking app Threads
San Francisco, US | Xinhua | Meta’s Instagram announced on Wednesday the launch of its new social networking app Threads. As the company’s Twitter competitor, Threads allows Instagram users to authenticate with their existing credentials to post short updates, including photos, links, texts up to 500 characters and videos up …
Read More »Meta to restore Trump’s Facebook, Instagram accounts
San Francisco, U.S. | Xinhua | Meta announced on Wednesday that the company would restore former U.S. President Donald Trump’s Facebook and Instagram accounts in the coming weeks, ending a two-year suspension. “In the event that Mr. Trump posts further violating content, the content will be removed and he will …
Read More »Facebook parent company Meta hit with 390 mln euro fine for data breaches
Dublin, Ireland | Xinhua | Facebook parent company Meta Ireland has been fined a total of 390 million euros (413 million U.S. dollars) for breaches of European Union (EU) data protection rules, the Irish Data Protection Commission (DPC) said on Wednesday. The DPC handed out two fines to Meta Platforms Ireland Limited. …
Read More »Disrupting the disruptors
Why Crypto, Twitter, and Meta’s best days appear to be behind them as Amazon, Apple limp along COMMENT | Roger McNamee | After a decade of unconstrained growth – when it seemed that a new billionaire was minted every day – the tech industry has finally hit a rough patch. Elon Musk’s …
Read More »Facebook’s parent company Meta cuts 11,000 jobs
San Fransisico, U.S. | Xinhua | Meta Platforms Inc., the parent company of Facebook, said on Wednesday that it would lay off 13 percent of its staff, or more than 11,000 employees. The mass layoffs result from a sharp reduction of the company’s value amid a crumbling advertising market and decades-high …
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