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.
‘Population: One' has been a runaway hit, earning more than $10 million on the Oculus Store "after just a few months".
The report said that Unit 2 has been around for just over three years and Crayta was launched last July.
The Oversight Board said in a statement that it is encouraged that Facebook is adopting many of the Board's policy recommendations in this case.
Facebook said on Friday that it will reevaluate the ban and make the decision whether to end or extend it.
Twitter launched Fleets globally in November last year to give people a new, ephemeral way to join the conversation and share momentary thoughts.
