Page 40 - Facebook

Facebook owner Meta reports first ever revenue decline, income falls by 36%

Facebook and Instagram's parent company Meta reported its first-ever yearly decline in revenue for the second quarter, announcing a 1 per cent drop to USD 28.8 billion

Meta crosses $1 billion annual revenue run rate for Reels ads: Zuckerberg

Meta has crossed a $1 billion annual revenue run rate for ads on its TikTok rival short-video making platform Reels, Mark Zuckerberg has revealed.

Opposition and govt supporters now communicate in guerilla warfare mode

Govt should reduce its dependence on social media and revert, if not wholly then in large measure, to older forms of communication, at least on non-political matters

Instagram to become more video-focused over time: Platform head Mosseri

After Kim Kardashian and Kylie Jenner criticised Instagram for trying to be like TikTok, Adam Mosseri shared a video saying the platform will become more video-focused over time

Meta expands 3rd party fact-checking programme in India, adds NewsMeter

With this partnership, Meta will have 11 fact-checking partners in India, making it the country with the most number of third party fact checking partners globally

Meta to shut down its social app for couples 'Tuned' after 2 yrs of launch

After two years of its launch, tech giant Meta has decided to shut down itsAsocial app for couples called 'Tuned'

Meta CEO Mark Zuckerberg's biggest bet on WhatsApp might not pay off

Analysts have curbed their estimates for Meta Platforms Inc's , and Zuckerberg's own foreboding comments to staff suggest the numbers won't be good

WhatsApp privacy policy in place; probe must go on: CCI to High Court

Appeal was against earlier order refusing to stay CCI probe into WhatsApp's new privacy policy

Facebook co-founder's VC firm eyes digital health tech and fintech

It is also looking to invest in logistics and supply chain, helping industries to scale up digitisation

Afghans launch Ban Taliban campaign on Twitter, receive massive support

After Meta's crackdown on Taliban-affiliated content and pages, Afghans have launched a trend on the social media platform Twitter with a hashtag calling for a ban on Taliban

Facebook introduces new chronologically-organised tab called Feeds

Facebook's long overdue and makes sense that the main feed you see when you launch the app is now named Home. The major update is the rolling of a new tab in the app called Feeds.

Facebook rolls out 2 tabs on iOS, Android to make user's experience better

With an aim to enhance users' experience, Meta-owned Facebook has announced that it is rolling out two tabs -- Home and Feeds -- that will now be available for iOS and Android users

Facebook gives users new way to see posts in chronological order

Facebook is rolling out an update that enables its 2 billion daily users to more easily view their friends' posts in chronological order

Not able to move forward in probe against WhatsApp, FB: CCI tells Delhi HC

A senior lawyer appearing for Facebook India urged the court to defer the hearing on the appeal, saying that the case involves issues of significance

Facebook's growth woes in India: too much nudity, not enough women

Many women have shunned the male-dominated social network because they're worried about their safety and privacy, according to the Meta research

Zuckerberg, Sandberg to testify in Cambridge Analytica privacy lawsuit

Meta's Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg will testify in a lawsuit claiming Facebook illegally shared user data with research firm Cambridge Analytica

Facebook shifts focus from news to creator economy amid TikTok threat

Threatened by the surge in TikTok user base, Meta is changing its focus from news to building a creator economy and has reportedly reallocated resources from Facebook News

Installation art company Meta sues Facebook over trademark violation

Meta, a small business operating in the immersive and experiential technology industry since 2010, has filed a lawsuit against Facebook for trademark violation

Amazon sues admins of over 10,000 Facebook groups over fake reviews

Amazon has filed a lawsuit against administrators of more than 10,000 Facebook groups it accuses of coordinating fake reviews in exchange for money or free products

Facebook co-founder Eduardo Saverin's B Capital closes $250 mn fund

Ascent Fund II is B Capital's first dedicated early-stage fund. It invests in pre-seed through series A rounds globally, with an emphasis on the US and Asia, including India