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Meta Investors Request Reconsideration of Cambridge Analytica Fraud Case
breaking news 10-Feb-2023
Meta Investors Request Reconsideration of Cambridge Analytica Fraud Case

Investors asserted that in 2016, Facebook, as the firm was then known, misled them by characterising data breaches as a minor inconvenience.

From Meta to Microsoft, AI's moment of glory has arrived
news 05-Feb-2023
From Meta to Microsoft, AI's moment of glory has arrived

Artificial intelligence has become a new source of preoccupation for Big Tech firms.

India is one of the top three countries for Facebook user growth
news 03-Feb-2023
India is one of the top three countries for Facebook user growth

Meta, a social media company, revealed in a regulatory filing that India is one of Facebook's top three countries for active user growth as of December 31, 2022

Meta pays $725 million to resolve the Cambridge Analytica case.
facebook 24-Dec-2022
Meta pays $725 million to resolve the Cambridge Analytica case.

Following the unauthorised use of the personal information of millions of Facebook users, Meta will pay $725 million.

In November, Meta deleted 2.29 billion posts from Facebook and Instagram.
facebook 23-Dec-2022
In November, Meta deleted 2.29 billion posts from Facebook and Instagram.

According to Meta, it took action against 33.9 lakh and 1.95 crore pieces of content on Instagram and Facebook, respectively.

The Metaverse Cannot Support the Current Telecom Infrastructure.
facebook 22-Dec-2022
The Metaverse Cannot Support the Current Telecom Infrastructure.

Huawei is a Chinese manufacturer of telecom equipment focused on optimising 5G Internet networks to reach their maximum potential.

According to Meta's CEO, a virtual world that is accessible to app developers is being built.
facebook 21-Dec-2022
According to Meta's CEO, a virtual world that is accessible to app developers is being built.

Lawyers for Meta and Within contended that the FTC's definition of the pertinent market was inadequate.

Meta Removes 900 Chinese Fake Accounts including Accounts Of Indian Firm CyberRoot Risk Advisory.
facebook 17-Dec-2022
Meta Removes 900 Chinese Fake Accounts including Accounts Of Indian Firm CyberRoot Risk Advisory.

Meta shut down more than 40 accounts belonging to CyberRoot Risk Advisory, which is suspected of providing hacking services for hire.

Only 20% of resources are being devoted to creating hardware and software for the metaverse.
facebook 02-Dec-2022
Only 20% of resources are being devoted to creating hardware and software for the metaverse.

The social networking services that make up Meta's family, including Facebook, Instagram, and WhatsApp, continue to receive about 80% of its attention.

One of the largest US job cuts in 2022 will see Meta lay off more than 11,000 workers.
facebook 11-Nov-2022
One of the largest US job cuts in 2022 will see Meta lay off more than 11,000 workers.

The first significant round of layoffs in the history of Meta Platforms, according to CEO Mark Zuckerberg, would cause elimination of more than 11,000 jobs

After a brief downtime, Meta's social media apps are back up.
facebook 31-Oct-2022
After a brief downtime, Meta's social media apps are back up.

More than 11,000 users of Instagram, Facebook, and Messenger reported issues with accessing the applications, sending messages, and signing into their accounts

Judge demands that Meta pay $10.5 million in legal fees to Washington
facebook 31-Oct-2022
Judge demands that Meta pay $10.5 million in legal fees to Washington

The $25 million fine against the social media juggernaut for persistently breaking the regulations.