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.
Meta (formerly Facebook) has said that it recently took down a network of thousands of fake and misleading accounts based in China.
The company also said that it will change the way games are distributed across our organic discovery experiences.
For those who have been going red in the face arguing for the need to stamp out offensive, derogatory, and defamatory posts online, the Gaza War has confirmed that the monster known as social media has tipped us into the abyss.
Meta (formerly Facebook) has introduced a new feature that will let users block Instagram from collecting their data across the apps and websites they visit.
The Covid-19 vaccine misinformation policies of Facebook, the world’s largest social media platform, were not effective in combating misinformation and…