Platform Power
When Facebook acquired WhatsApp in 2014 for $19 billion, many observers struggled to understand the logic of paying such a staggering sum for a messaging service that generated little revenue.
When Facebook acquired WhatsApp in 2014 for $19 billion, many observers struggled to understand the logic of paying such a staggering sum for a messaging service that generated little revenue.
The parent company of Facebook, Meta Platforms Inc., is set to lay off nearly 8,000 employees and has begun alerting thousands of staff members about the job cuts.
“In accordance with the joint venture agreement, Reliance Intelligence will hold 70% and Facebook will hold the balance of 30% in REIL,” according to the filing.
The temporary suspension of Samajwadi Party president Akhilesh Yadav’s official Facebook account has sparked outrage among party leaders who accused the BJP of attempting to “suppress the opposition’s voice.”
Social media giant Meta has apologised after its automatic translation tool erroneously declared Chief Minister Siddaramaiah dead while translating a condolence message posted by the Karnataka CMO in Kannada on Facebook.
Zuckerberg said on Friday that major updates to Horizon and avatar graphics are coming soon.
According to a report in The Wall Street Journal, Apple and Facebook examined "revenue-sharing arrangements, including a potential ad-free, subscription version of Facebook".
Meta has said, they are running a test that will soon allow users to operate multiple profiles linked to a specific group or profile. It will give the option to have one dedicated feed exclusive to their friends and another one just for their coworkers.
Following the Supreme Court's overturning of Roe v. Wade case last week, social media users started shared posts offering to mail abortion pills to people whose access to abortion has been stripped away.
He further revealed that the inspiration for the segment was a piece last year in the Atlantic titled 'The Life in 'The Simpsons' Is No Longer Obtainable'.
