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Paid Twitter blue ticks? A look at the origin of social media verification

Elon Musk on Tuesday announced that Twitter users would have to 'buy' their verification blue ticks for $8 per month

Twitter, Facebook, other social media cos will have to abide by local laws

The new amendments to IT rules impose a legal obligation on social media companies to take all out efforts to prevent barred content and misinformation, the government said on Saturday making it clear that platforms such as Twitter and Facebook operating in India will have to abide by local laws and constitutional rights of Indian users. The new rules provide for setting up appellate committees which can overrule decisions of the big tech firms on takedown or blocking requests. The hardening of stance against the big tech companies comes at a time when discontent has been brewing over alleged arbitrary acts of social media platforms on flagged content, or not responding fast enough to grievances. Amid concerns over the rising clout of Big Tech globally, the CEO of electric car maker Tesla Inc, Elon Musk, on Friday completed his USD 44-billion takeover of Twitter, placing the world's richest man at the helm of one of the most influential social media apps in the world. Incidentally,

Resist temptation of moving fast on sensitive stories: Editors Guild

The Editors Guild of India on Friday said it was "disturbed" by the recent turn of events with respect to reports published by news portal 'The Wire' on Meta and urged newsrooms to "resist the temptation of moving fast on sensitive stories". The statement comes after The Wire retracted a series of its investigative reports claiming Meta, the parent company of social media giants -- WhatsApp, Facebook and Instagram -- had accorded special privileges to BJP IT Cell chief Amit Malviya that enabled him to get posts removed from its platforms. The Guild also withdrew references it had made in its earlier statement to reports carried by The Wire on an app called Tek Fog after the news portal removed the said stories following "serious questions on the veracity of their reporting". "The Guild is also disturbed by the recent turn of events with respect to the reports published by the Wire on Meta. The Guild is conscious of and emphasises the need for extra care in investigative journalism,

Govt to set up social media grievance appellate committees within 3 months

The committees will be established with the aim of providing users of social media sites like Facebook and Twitter with an alternative dispute resolution method

Is it time to think of WhatsApp as a public service?

Recently, WhatsApp went down for two hours. But this longest-ever glitch in WhatsApp forced millions of us to introspect, and ask one question: Is it time to think of WhatsApp as a public service?

Meta's $677 billion rout boots it out of the world's top 20 stocks

Net profit cut in half, even as Zuckerberg seeks 'patience' from investors

Meta fined $24.7 mn for violations of campaign finance disclosure

A Washington state judge on Wednesday fined Facebook parent company Meta nearly $25 million for repeatedly and intentionally violating campaign finance disclosure law, in what is believed to be the largest campaign finance penalty in U.S. history. The penalty issued by King County Superior Court Judge Douglass North was the maximum allowed for more than 800 violations of Washington's Fair Campaign Practices Act, passed by voters in 1972 and later strengthened by the Legislature. Washington Attorney General Bob Ferguson argued that the maximum was appropriate considering his office previously sued Facebook in 2018 for violating the same law. Meta, based in Menlo Park, California, did not immediately respond to an email seeking comment. Washington's transparency law requires ad sellers such as Meta to keep and make public the names and addresses of those who buy political ads, the target of such ads, how the ads were paid for and the total number of views of each ad. Ad sellers must

Facebook announces 2022 Community Accelerator participants in India

Four-month programme provides selected community leaders of Facebook groups with training, mentorship and funding

Facebook selects 15 Indian online communities for accelerator programme

These community leaders will also get an opportunity to collaborate with advocates and other leaders in the community-building ecosystem to bring their ideas to life

JioMart on WhatsApp a big opportunity for us: CEO Mark Zuckerberg

As Meta doubles down on its monetisation drive across its family of apps, Mark Zuckerberg has said that JioMart on WhatsApp in India is going to be a big opportunity for the paid messaging market

MeitY writes to Meta inquiring about two-hour WhatsApp outage: Report

The ministry has asked WhatsApp to coordinate with the Indian Computer Emergency Response Team (Cert-In) to find out if there were any "untoward" cyber incidents during the period of outage

Top Headlines: Passenger vehicle sales up, legal power to CCI and more

Business Standard brings you the top headlines at this hour

Meta's Instagram reaches 2 billion users, closing in on Facebook

The company disclosed the number during an otherwise-gloomy earnings report Wednesday, when a shaky ad market clouded Meta's forecast and sent its shares tumbling

Meta misses profit expectations as Q3 sales slip 4%, net income falls 52%

In the third quarter, Meta was buffeted by a widespread ad-spending downturn, posting a 4 per cent year-over-year revenue loss, while missing Wall Street estimates on the bottom line

Turkey authority fines Meta $18.63 million for violating competition law

Turkey's Competition Authority announced on Wednesday that it has fined Meta Platforms Inc. 346.72 million liras ($18.63 million) for violating competition law

Meta slams Apple for 'undercutting others' with change in App Store terms

Apple's policy change, disclosed this week, requires users and advertisers to make an in-app purchase when they pay to "boost" posts in apps like TikTok and Meta's Instagram

Meta CEO Mark Zuckerberg should focus on US midterms, not the Metaverse

Meta CEO Zuckerberg could start by doing what thousands of managers before him have done, and reconsider his tasks

India most significant country for new things across our platforms: Meta

India is the most significant country for Meta in terms of all the new things that feature across its platforms -- Facebook, Instagram and WhatsApp, a top company official said. Meta has also provided a great opportunity for numerous brands and millions of creators to express their creativity and build audiences in India through short-form videos, said Manish Chopra, Director and Head of Partnerships for Facebook India (Meta). "India is a very critical market for our platforms from multiple dimensions. A lot of new product learning and incubation is done here, and 'Reels' is an example of that... this is the market where we have done the most amount of testing of new product features. "India is the most significant market where the focus is for all the new things that we are doing across Facebook, Instagram and WhatsApp," he told PTI. Chopra was speaking on the sidelines of Meta's annual 'Creator Day', which was recently held for the first time in Kolkata. The event celebrates ...

Facebook threatens to ban news in Canada over proposed Online Act

Facebook has reportedly threatened to block news in Canada if the country goes through its proposed Online News Act that forces online platforms to share revenue with news publishers

Meta to introduce Facebook's bitmoji-style avatars to WhatsApp: Reports

Social media giant Facebook's Bitmoji-style avatars, which earlier invaded Instagram and Messenger, are now also coming to Whatsapp.According to The Verge, a report from WABetaInfo suggests that WhatsApp is rolling out support for customizable avatars in the latest 2.22.23.9 beta on Android, but only for some users.Those with access to the feature will see a new 'Avatar' category in their settings menu that they can use to customize the digital version of themselves.Similar to Meta's other apps, WhatsApp will then generate a sticker pack with the avatar in various poses, which users can use to express themselves when messaging family and friends.This feature was first spotted by WABetaInfo last month but now it's actually rolling out to users. It's unclear when WhatsApp will roll out the feature to all users on Android, or when it plans on bringing the feature to iOS, reported The Verge.Meta first introduced avatars on Messenger and the News Feed in 2019 before they became available ..