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.
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Delhi Assembly Peace and Harmony Committee gives one last opportunity to Facebook India for deposing before it on 23 Sept with regard to allegations of its complicity in Northeast Delhi riots
It is available for small businesses globally starting Thursday, and will expand to larger businesses next year.
'Digital media has faster reach, potential to become viral due to apps like WhatsApp and Facebook,' the Centre said in an affidavit.
The panel said it would deliver 'a final warning' to the social networking giant over the no-show.