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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

Meta beats Street, announces $40-bn buyback; to sack some mid-level staff

'Year of efficiency', says Zuckerberg; shares surge over 20%. The stock has added $237 bn in market value since its November low

Three-fold rise in complaints against personal care ads since 2019: Asci

The biggest reason for violations was non-disclosures by the influencers, especially on digital platforms

Meta purges 34 mn bad pieces of content on FB, Instagram in India in Dec

Meta has said that it took down over 22.54 million pieces of content across 13 policies for Facebook and over 12.03 million pieces of content across 12 policies for Instagram in December 2022 in India

Quint Digital Media Q3 revenue from operations at Rs 18.47 crore

Quint Digital Media Limited Records INR 18.47 Crore Revenue for Q3 FY23

After layoffs, Meta CEO Zuckerberg wants 2023 to be 'year of efficiency'

After laying off 11,000 employees, Meta Founder and CEO Mark Zuckerberg now wants 2023 to be the "year of efficiency"

Meta surprises analysts with good results, $40 billion stock buyback

The company reported a revenue of $32.17 billion for the fourth quarter (down four per cent Y-o-Y) and $116.61 billion for the full year

Meta announces to shut down social to-do list app 'Move' in March

Meta has announced that it will shut down its social to-do list application 'Move', which allows users to earn points for completing tasks on either their personal or group to-do lists, in March

Meta tests 'members-only space' in virtual reality platform Horizon Worlds

Meta has announced that it is testing a new type of closed space -- members-only worlds -- in its social virtual reality (VR) platform 'Horizon Worlds'

CEO Mark Zuckerberg now puts Meta's middle managers on notice: Report

After sacking 11,000 employees in November last year, Meta Founder and CEO Mark Zuckerberg has now reportedly put middle managers at the company on notice

The apps Indians love: All about mobile internet usage by age and gender

Gen Z , 25+ find no common ground in app consumption

Meta to reinstate Donald Trump's Facebook and Instagram accounts

Trump, 76, announced in November last year that he will make another dash for the White House in 2024

Donald Trump's return to Facebook could be major fundraising boost

The decision by Facebook's parent company to soon reinstate Donald Trump's account comes at a critical moment for the former president as he tries to build campaign momentum for a return to the White House. Reclaiming his social media megaphone could open an important new stream of revenue for the 2024 contest's only declared candidate, whose campaign has faced criticism for its lackluster launch. Trump is considering a return to Twitter, as well, rejoining both of the social media giants that he used to great effect to widely and personally connect with his supporters in previous campaigning. He was banned from posting on both Facebook and Twitter, along with other social media sites, for his role in inciting violence in the deadly insurrection at the US Capitol on January 6, 2021. In considering a return to the platforms that shunned him, Trump is essentially recognising that the social media company he launched last year, Truth Social, pales in comparison to the reach of the ...

Tech layoffs: It's business, not personal

It's not that they don't want you, just that they do not need you anymore. Or, so they think