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.
Facebook has found that over 95 per cent of the traffic Facebook News delivers to publishers "is incremental to the traffic they already get from News Feed".
According to a report in Seeking Alpha, Lucio's departure comes at a time when Facebook is preparing steps to tackle fake news and misinformation ahead of the US presidential election in November.
The Facebook India chief said that the employees represent a varied political spectrum who have either served in many administrations or have political experience and take immense pride in being active contributors to public service.
The Parliamentary Panel on IT has summoned representatives of Facebook to appear before the committee on September 2 to discuss the subject of "safeguarding citizens' rights and prevention of misuse of social/online news media platforms including special emphasis on women security in the digital space".
The draft code defines ‘core news’ as journalism about publicly significant issues; journalism that engages citizens in public debate and informs democratic decision making; and journalism relating to community and local events.
