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.
On the other hand, the most trusted news sources were government websites (42.8 per cent), followed by television (27.2 per cent), and health system communications (9.3 per cent).
As in so many areas, China's breakout app chart is unique and quite different from the rest of the world.
Recently, personal data of nearly 53.3 crore Facebook users, including 61 lakh Indians, remerged online after a hacker posted the details on a digital forum.
Rajya Sabha Chairman and Vice President M Venkaiah Naidu remarked that the suggestion is "worth considering".
The new $1 billion commitment matches the one Google made in October last year.
