Tag

#meta

Meta Faces EU Data Flow Suspension and Record €1.2BN GDPR Fine for Privacy Breaches

NEWS

Meta Faces EU Data Flow Suspension and Record €1.2BN GDPR Fine for Privacy Breaches

Meta, the company formerly known as Facebook, is facing significant challenges in the European Union (EU) due to privacy breaches. The European…

News GREY Journal May 22 7 min
Meta Warns Investors of Potential 10% Revenue Hit from EU Data Flows Order

NEWS

Meta Warns Investors of Potential 10% Revenue Hit from EU Data Flows Order

Meta, the parent company of Facebook, recently released its Q1 2023 earnings report, which showed better-than-expected revenue for the quarter. However, buried…

News GREY Journal Apr 27 3 min
Meta Plans Additional Layoffs Across Facebook, WhatsApp, and Instagram

NEWS

Meta Plans Additional Layoffs Across Facebook, WhatsApp, and Instagram

Meta Platforms Inc. is gearing up for a new round of job cuts as part of its ongoing restructuring efforts aimed at…

News GREY Journal Apr 20 2 min
Meta has introduced a paid verification service for Instagram and Facebook users in the United States

NEWS

Meta has introduced a paid verification service for Instagram and Facebook users in the United States

Meta, formerly known as Facebook, has announced the launch of Meta Verified, a subscription service that allows users to add the coveted…

News GREY Journal Mar 17 3 min
Meta introduces verified subscriptions following Twitter’s example

NEWS

Meta introduces verified subscriptions following Twitter’s example

The recent developments surrounding Elon Musk’s takeover of Twitter have garnered a lot of attention on the social media platform. It seems…

News GREY Journal Feb 27 4 min
Meta now sells blue verification badges on Instagram and Facebook, following Elon Musk’s lead

NEWS

Meta now sells blue verification badges on Instagram and Facebook, following Elon Musk’s lead

Meta, the parent company of Facebook, has launched a new subscription service called Meta Verified. This service will allow users to add…

News GREY Journal Feb 20 4 min
Due to cost-cutting measures, Meta Platforms’ Q4 earnings fell by 55%.

NEWS

Due to cost-cutting measures, Meta Platforms’ Q4 earnings fell by 55%.

A decline in the online advertising industry and competition from rivals like TikTok impacted Facebook parent firm Meta’s fourth-quarter profit and sales…

News GREY Journal Feb 2 3 min
Meta was penalized $414M in Europe for using tailored advertisements on Facebook and Instagram.

NEWS

Meta was penalized $414M in Europe for using tailored advertisements on Facebook and Instagram.

The parent company of Facebook and Instagram, Meta, was fined $414 million by EU authorities on Wednesday for breaking privacy laws, potentially…

News GREY Journal Jan 4 3 min
Tech tycoons lost $433 billion in wealth in the 2022 stock market crash.

NEWS

Tech tycoons lost $433 billion in wealth in the 2022 stock market crash.

The shares of the once-hot companies owned by the nation’s IT titans fell this year, costing them a combined total of more…

News GREY Journal Dec 27 4 min
Facebook parent company Meta has settled the Cambridge Analytica lawsuit for $725 million.

NEWS

Facebook parent company Meta has settled the Cambridge Analytica lawsuit for $725 million.

In order to settle a class-action lawsuit accusing the social media behemoth of granting access to user data to outside companies, such…

News GREY Journal Dec 26 3 min
The “false” report that Mark Zuckerberg intended to step down as CEO causes Meta stock to rise.

NEWS

The “false” report that Mark Zuckerberg intended to step down as CEO causes Meta stock to rise.

Tuesday saw a 1% increase in Meta shares following an apparently false report that CEO Mark Zuckerberg intended to retire in 2023.…

News GREY Journal Nov 23 2 min
This year alone, Mark Zuckerberg’s net worth has been reduced by $71 billion, or more than half.

NEWS

This year alone, Mark Zuckerberg’s net worth has been reduced by $71 billion, or more than half.

According to current estimations, Mark Zuckerberg’s net worth has dropped by more than half this year, knocking him out of the top…

Staff Writer Sep 21 3 min
Facebook is becoming a new TikTok.

NEWS

Facebook is becoming a new TikTok.

There’s been a lot of rhetoric about Facebook and Instagram changing if you’re an active user. You may have already noticed for…

Staff Writer Aug 4 3 min
US Lawmakers Want to Regulate Meta

NEWS

US Lawmakers Want to Regulate Meta

For years, Meta has faced criticism and scrutiny from Congress. CEO Mark Zuckerberg has repeatedly been sent to Congressional hearings to discuss…

Heaven Ayele Mar 11 2 min
Virtuality, Metaverse & How We Reinvent Ourselves

TECH

Virtuality, Metaverse & How We Reinvent Ourselves

Recently, Mark Zuckerberg stirred the waters by renaming Facebook “Meta,” and announcing that it will focus on building Metaverse solutions. However, long…

Michaela Jamelska Nov 16 4 min