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.
Prime Minister Scott Morrison is currently legislating through the Australian parliament the News Platforms and Digital Media Mandatory Bargaining Code Bill which tries to level the playing field by ensuring that social media behemoths such as Facebook, Google, and others are not the sole big beneficiaries of the advertising revenue which the content they aggregate and push through on their platforms attracts while the media companies which have spent money, time, and effort on creating original content get shortchanged.
As per the latest development, the company is allowing users, who are not yet ready to accept the privacy policy update, to continue to use the platform but with certain restrictions.
Divan cited that WhatsApp has already delayed the implementation of its new privacy policy till May this year.
MPT, a leading state-owned telecom operator, has blocked Facebook as well as Messenger, Instagram and WhatsApp on its network, reports NetBlocks that tracks global internet usage.
According to the team, commenting more frequently and receiving more responses to posts -- also called message contingency -- tended to improve feelings of relatedness and connection with others on Facebook.
