Page 19 - Facebook

Abhishek Ghosalkar shot dead on Facebook Live; here's what is known so far

The suspected assailant, Mauris Noronha took his own life after the shooting, which was captured on camera during a Facebook live session. Here is what is known so for on the case

60% of scam cases in UK came from Facebook, Instagram, says Revolut

The London-based fintech found 60% of UK scam cases came from Facebook, Instagram and WhatsApp, dwarfing other platforms and frauds conducted by telephone

TikTok, Meta attack at European Union's content moderation laws in court

ByteDance Ltd.'s TikTok took the European Commission to court on Feb. 6 and Meta filed its challenge a day earlier, filings show

Oversight board of Meta warns rules on fake posts incoherent, too narrow

The board, which was set up in 2020 by management to independently review some of the company's most significant content moderation decisions

Best yet to come: Zuckerberg recaps Facebook journey on its 20th birthday

Facebook was co-founded by Mark Zuckerberg, entrepreneurs Dustin Moskovitz and Eduardo Saverin and launched on February 4, 2004

Zuckerberg's wealth surges by $28 bn as Meta rallies, surpasses Bill Gates'

It's a big comeback for Zuckerberg's wealth, which fell below $35 billion in late 2022 as tech stocks collapsed in the face of inflation and interest rate hikes, only to come soaring back in 2023

Meta soars after first-ever dividend plan, 'Year of Efficiency' pays off

The company flagged strong ad sales and a rebound in user growth during its fourth-quarter results on Thursday, while also forecasting current-quarter revenue above analysts' estimates

Meta to let iPhone 15 Pro users upload spatial videos on Quest VR headsets

Support for spatial videos is one of the several new features coming to Meta's Quest line of virtual reality headsets on February 7. Below are the details

Meta's profits, revenue surge in Q4 thanks to cost cuts, ad rebound

Meta Platforms Inc. tripled its profit and posted sharply higher revenue in the final quarter of 2023, boosted by a rebound in digital advertising as well cost cutting and layoffs in what CEO Mark Zuckerberg called the year of efficiency. "The company can talk all it wants to about AI and the metaverse, but it's still a social media company that gets nearly all its revenue from advertising, and advertisers still clearly love Meta, said longtime tech analyst Debra Aho Williamson. The Menlo Park, California-based parent company of Facebook and Instagram said Thursday that it earned $14 billion, or $5.33 per share, in the October-December period. That's up from $4.65 billion, or $1.76 per share, a year earlier. Revenue grew 25% to $40.11 billion from $32.17 billion. Analysts, on average, were expecting earnings of $4.82 per share on revenue $39.1 billion, according to FactSet Research. This was a pivotal year for our company. We increased our operating discipline, delivered strong ..

Meta, Amazon job cuts in 2023, belt-tightening pay off for investors

The question now becomes whether leaner, more focused versions of Meta and Amazon can continue to strive for the bold and ambitious tech advancements that have made them household names

Meta, X, TikTok CEOs ripped by US senators over child online safety

"These companies must be reined in, or the worst is yet to come," Senator Lindsey Graham, the top Republican on the committee, said

Meta CEO Zuckerberg apologises to parents at US Senate social media hearing

Under prodding from Republican Senator Josh Hawley, Zuckerberg stood up and addressed families who held up pictures of their children who they said had been harmed by social media

Meta, TikTok, X CEOs face questions on child safety at US Senate hearing

Senator Amy Klobuchar on Wednesday questioned what she said was inaction in the tech industry, comparing it to the response shown when a panel blew out of a Boeing plane earlier this month

Mark Zuckerberg to defend Meta's impact on teens before senate committee

Zuckerberg will defend his company's child safety practices and focus on the benefits of using Facebook and Instagram, the popular apps owned by Meta

Meta, TikTok & other social media CEOs to testify on child exploitation

Sexual predators. Addictive features. Self-harm and eating disorders. Unrealistic beauty standards. Bullying. These are just some of the issues young people are dealing with on social media - and children's advocates and lawmakers say companies are not doing enough to protect them. On Wednesday, the CEOs of Meta, TikTok, X and other social media companies are testifying before the Senate Judiciary Committee about child exploitation on their platforms, as lawmakers, families and advocates are growing increasingly concerned about the effects of social media on young people's lives. While Meta CEO Mark Zuckerberg is a veteran of congressional hearings since his first one over the Cambridge Analytica privacy debacle in 2018, it will only be the second time for TikTok CEO Shou Zi Chew and the first for Linda Yaccarino, the CEO of X. Snap CEO Evan Spiegel and Discord CEO Jason Citron are also scheduled to testify. We understand that they are companies and they have to make profit. But whe

Elon Musk's X pledges 100-person office in Texas to enforce content rules

The company aims to hire 100 full-time content moderators at the new location, according to Joe Benarroch, head of business operations at X

Meta sets stricter message settings for teens on Instagram, Facebook

These measures come as regulatory bodies across the globe have been raising questions about the safety of children on these social media platforms

Instagram, Facebook users will get more choices to comply with DMA: Meta

The world's largest social network is the latest to make changes to comply with the DMA after Google outlined efforts to comply with new EU technology rules that could hurt revenues for some companies

Meta ramps up AI efforts by building chip arsenal, consolidating teams

Mark Zuckerberg in a post on Instagram said that the company was currently training a third version of the Llama model

Meta's Director, former COO Sheryl Sandberg to leave board after 12 years

During her time at the tech giant, which also owns Instagram and WhatsApp, Sandberg was key to turning the social network into a money-making machine