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.
“It is being noticed that certain unscrupulous elements intend to spread rumours by hosting fake videos and messages on news platforms and social media platforms like YouTube, Facebook, Twitter etc. to spread confusion and panic amongst students, parents, schools and general public,” the notification said.
Over the last year, the company has undertaken many India-focused initiatives.
As with most Android applications that reach large amounts of installs, this number does not just include downloads from the Play Store, but also pre-installed copies like Samsung and Huawei has bundled the app with some smartphones in the past, AndroidPolice reported.
The quartet also said that if Zuckerberg is not forced to sell his majority of shares in Facebook, it will integrate them into a giant social network.
Facebook owns four out of the top five most downloaded apps worldwide, including WhatsApp, Facebook, Instagram and Messenger.
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