Facebook and Instagram may be shut down across Europe, parent company Meta has said. Photo by Pixabay on Pexels.com The issue comes down to European data regulations that prevent Meta, the company formerly known as Facebook, from transferring, storing and processing Europeans’ data on US-based servers. European leaders, however, have embraced Meta's warning. “After I … Continue reading What EU leaders think about Meta blocking Facebook and Instagram in Europe
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Is Zuckerberg’s Meta in trouble?
META has hit major problems amid its biggest market value wipe-out ever. Mark Zuckerberg Social media giant Meta has delivered a gloomy outlook in its first earnings since undergoing a major rebrand in late 2021. The company suffered a staggering sell-off last week as its stock plummeted 26% and its market value plunged by more … Continue reading Is Zuckerberg’s Meta in trouble?
Why #DeleteFacebook is trending on social media
Thumbs down for Facebook as users opt to #DeleteFacebook in a further blow to social media giant. Facebook is suffering another blow this week as calls for users to delete the social media platform went viral on Twitter on Friday with the hashtag #DeleteFacebook. The unwanted attention comes after Meta - the parent company that … Continue reading Why #DeleteFacebook is trending on social media
Zuckerberg ‘kills’ dream of a Meta-backed cryptocurrency
A once-ambitious but now faltering Facebook-backed digital currency project known as Diem is dead, its assets sold to bank holding company Silvergate Capital. Photo by David McBee on Pexels.com Silvergate and the Diem Association announced the sale on Tuesday. Meta, which owns Facebook, did not have a comment. A Facebook spokesperson, however, pointed to tweets … Continue reading Zuckerberg ‘kills’ dream of a Meta-backed cryptocurrency
France fines Facebook and Google over rights infringement
French regulators on Thursday fined Google and Facebook a total of more than 200 million euros ($226 million) for not making it as easy for people to opt out of online tracking as it is for them to accept it. The CNIL data privacy watchdog said its investigations found that while the U.S. online giants gave French … Continue reading France fines Facebook and Google over rights infringement
Facebook planning to change its name
Social media giant Facebook is planning to rebrand the company with a new name next week. As per The Verge, the company is planning to change its name to reflect its focus on building the metaverse, according to a source with direct knowledge of the matter. The name change, which CEO Mark Zuckerberg plans to … Continue reading Facebook planning to change its name
Can governments tame the overwhelming power of Big Techs?
The COVID-19 pandemic triggered the deepest global recession since the Great Depression, and pushed millions of households and businesses into economic hardship. But not all parts of the global economy have been suffering. Throughout the pandemic the ‘Big 5’ tech companies — Amazon, Apple, Alphabet, Facebook, and Microsoft — have seen their revenues and stock prices soar. … Continue reading Can governments tame the overwhelming power of Big Techs?
Facebook transitioning to a ‘metaverse’ company – Zuckerberg
The term designates a cyberspace parallel to physical reality where a community of people can interact in the form of avatars. The concept was coined by author Neal Stephenson in the 1992 science fiction novel "Snow Crash". It refers to the merging of physical, augmented, and virtual reality in a shared online space. Some video … Continue reading Facebook transitioning to a ‘metaverse’ company – Zuckerberg
Zuckerberg hails ‘metaverse’ as the ‘next big thing’ in technology
Facebook's Mark Zuckerberg has hailed the so-called "metaverse", describing it as the "next generation of the internet and next chapter" for the company, he told investors in a conference call on Wednesday. The metaverse, short for "meta-universe", is a digital world where the real and virtual merge into a vision of science fiction and allows … Continue reading Zuckerberg hails ‘metaverse’ as the ‘next big thing’ in technology
The thrill of eggplant emoji in Kenya
The introduction of emojis has hanged the way we communicate digitally. These colourful icons have gone from cute pictures we use while texting to images laden with meaning. The emoji options represent a variety of things; from faces, food, transportation to to sports and relationships. With the rise of smartphones and social media, they have livened up conversations, … Continue reading The thrill of eggplant emoji in Kenya
Facebook wins lawsuit by the US government and a coalition of states
Facebook Inc. won the dismissal of two antitrust cases filed by the federal government and a coalition of states when a judge threw out the lawsuits. The social media platform shares rose. U.S. District Judge James Boasberg in Washington on Monday granted Facebook’s request to dismiss the complaints, filed last year by the U.S. Federal … Continue reading Facebook wins lawsuit by the US government and a coalition of states
Russia fines Facebook and Telegram for breaching the law
For the second time a Russian court has fined Facebook and Telegram for not taking down content banned by Russia. Photo by Pixabay on Pexels.com Facebook will be forced to pay $235,000 while Telegram must pay $138,000, the Moscow court ruled. At the sentencing, it was not revealed what type of content had remained posted. … Continue reading Russia fines Facebook and Telegram for breaching the law
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