Tag
#meta

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
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
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
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
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
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
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
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
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
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
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
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…

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…

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…

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…