Today: 16. Nov, 2024
The relationship between global tech giants and national governments can sometimes navigate treacherous waters, as evidenced by the recent addition of Andy Stone, the communications director of Meta, to a Russian wanted list. This drastic step marks a significant escalation in the…
In a significant move to curb the potential risks associated with artificial intelligence in advertising, Meta has implemented a ban on the use of its AI-driven marketing tools for political ads. This development aims to maintain the integrity of sensitive matters such…
In a landmark lawsuit, Meta, the parent company of Facebook and Instagram, faces severe allegations from dozens of US states. The states accuse Meta of misleading the public about the risks associated with social media use and contributing to a pervasive mental…
As social media platforms evolve, monetization strategies and user preferences are coming to the fore. One such development is TikTok’s exploration of an advert-free monthly subscription. This move by the Chinese firm to test such a service in an English-speaking market, undisclosed…
Meta Platforms delivered results that surpassed Wall Street’s projections once more. On July 26, following the announcement of its Q2 performance, Meta Platforms’ stock experienced a 7% surge during post-market trading. The company witnessed an 11% YoY growth in revenue, reaching $32…
Meta, the parent company of Instagram and Facebook, is introducing new parental monitoring tools and privacy measures on its platforms amidst escalating scrutiny over the impact of social media on adolescent mental health. However, the effectiveness of these features, which require minors…
The Canadian Senate approved a bill that legally mandates Google and Meta to remunerate media organizations for news content utilized or distributed via their services. This legislation, which is primed to become law, was passed during an ongoing face-off between the government…
On Monday, Meta was hit with an unprecedented privacy fine of $1.3 billion by the European Union, who also commanded the company to cease transmission of users’ data to the US by October. This move represents the latest development in a case…
