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.
The photo-sharing platform started testing Reels on Instagram earlier this month.
'First and foremost, we want to take this opportunity to state that we are non-partisan and strive to ensure that our platforms remain a space where people can express themselves freely,' it said.
Facebook has been in the eye of a storm after a Wall Street Journal report alleged that Facebook's content policies favoured the ruling party in India.
Facebook's spokesperson said that the process for evaluating potential violators is extensive and it is what led us to the decision to remove his account.
Earlier, Congress General Secretary KC Venugopal, in a separate letter, had alleged a "quid-pro-quo relationship" between Facebook India and the ruling BJP.
