Page 29 - Facebook

Facebook co-founder's VC firm B Capital closes health fund, commits $500 mn

Technological advancements in biology, artificial intelligence, and automation are transforming the healthcare industry, with business models seeing the convergence of traditional players in novel way

Meta purges over 32 mn bad pieces of content on FB, Insta in India in Jan

Under the new IT Rules 2021, big digital and social media platforms, with more than 5 million users, have to publish monthly compliance reports

Meta may release its first smart glasses with display, smartwatch in 2025

Meta is reportedly planning to release its first pair of smart glasses with a display alongside a neural interface smartwatch designed to control them in 2025

Meta launches new platform to remove minors' intimate images online

"We've also introduced some new features that make it more difficult for suspicious adults to interact with teens on Instagram," said Antigone Davis, Global Head of Safety at Meta

Fair share

Web platforms and news generators' relation needs review

Meta rolls out paid verification in Australia, NZ for FB, Insta users

Meta has rolled out its paid subscription plan for Facebook and Instagram to users based in Australia and New Zealand

Meta may lay off another 11K or so employees in March, says report

Meta (formerly Facebook) is set for another big round of layoffs -- similar to the one it announced in November last year -- as early as next month once the performance bonuses are paid out

Facebook-parent Meta planning more layoffs, to impact thousands: Report

Last year, the social media giant said it will let go of 13% of its workforce, or more than 11,000 employees, as it grappled with soaring costs and a weak advertising market

76% see rise in pesky calls after interaction with WhatsApp biz accounts

Around 76 per cent of respondents have claimed that they have noticed a rise in pesky calls or SMS based on their conversations with WhatsApp business accounts and their activity on Facebook or Instagram, online survey firm LocalCircles said on Wednesday. According to the survey conducted between February 1-20, 95 per cent of WhatsApp users surveyed by LocalCircles in India indicate that they get one or more pesky messages each day out of which 41 per cent claim to get four or more such messages daily. When contacted, a Meta spokesperson said that Whatsapp has built systems that make it faster for WhatsApp to suspend a business from sending messages when people provide feedback they have had a low-quality experience. "If a business receives excessive negative feedback we may limit or remove a business' access to WhatsApp," Meta spokesperson said. LocalCircles said that to understand if users were having such an experience based on the privacy policy changes and to quantify the ...

What are deepfakes, and why is the world finding it hard to detect them?

Deepfakes' realism is their strength, but it is what makes it a headache for tech companies and the world in general

A family's tragedy leads to US Supreme Court social media showdown

Arguments in Supreme Court scheduled for today. The case puts online giant's $168 billion in ad revenue at risk

Musk says 'inevitable' as Meta unveils paid verification on FB, Insta

Twitter CEO Elon Musk on Monday reacted to Meta's announcement of the new paid verification for Instagram and Facebook, and stated it as "inevitable."

Meta to test monthly subscription service 'Meta Verified' priced at $11.99

Meta's foray into subscription services follows Twitter, which announced last month that Twitter Blue will be priced at $11 per month

Meta accounts for 82% of fines under EU privacy laws, shows data

The fines seek to rectify wrongs committed, and caution firms that privacy breaches will not be taken lightly and non-compliance would incur the authorities' ire

Meta introduces new broadcast channels on Instagram only for creators

Meta has introduced new broadcast channels on Instagram, which is a one-to-many messaging tool that will allow creators to engage directly with their followers at scale.

Google layoffs reach Indian shores; company fires 453 employees in India

Last month, Alphabet Inc, the parent company of Google, announced that as a measure to cut costs, 12,000 employees, or 6 per cent of its total headcount, would be sacked

2,767 complaints against influencers processed, most violations on Insta

The Advertising Standards Council of India (ASCI) on Thursday said it has processed 2,767 complaints since coming up with influencer guidelines in May 2021. More than half of the violations have been found on Meta-owned Instagram platform, while Alphabet's Youtube contributed a third of them, the self-regulatory organisation for the advertising industry said. The body said in over 90 per cent of the cases, there were modifications required. "...the Central Consumer Protection Authorities also now require disclosure of material connection between brands and influencers. Hence, non-disclosures are potential violations of the law," the body's chief executive and secretary general Manisha Kapoor said. In FY22, the total number of violations stood at 1,592, with virtual digital assets like bitcoins topping with nearly 24 per cent, and followed closely by personal care category which accounted for 23 per cent. In the first nine months of FY23 (April-December 2022), there were 1,175 ...

Meta boosts spending on Zuckerberg's security despite 'Year of Efficiency'

Meta, the parent company of Facebook and Instagram, is increasing its pretax spending on Zuckerberg's personal security to $14 million in 2023

Meta introduces new comment moderation tools for creators on Facebook

Creators can now search comments by keywords including emojis, commenter names and date on their posts

Meta wins court battle against USFTC to acquire VR company 'Within'

Meta recently acquired the Netherlands-based 3D smart glass maker Luxexcel, as it doubles down on its metaverse dream in 2023