Tag: Facebook
TikTok halts Facebook’s growth, targets Instagram next
TikTok has reportedly connived with other factors to draw people away from Facebook, bring the growth of the social media giant to a standstill,...
META confident its AI supercomputer will be world’s fastest
Facebook parent company, Meta Platforms said its research team has built a new artificial intelligence supercomputer that promises to be the fastest in the...
Meta faces UK £2.3B class action over data use
Meta Platforms faced a £2.3 billion lawsuit in the UK over claims it abused its market dominance by exploiting the personal data of 44...
Google, Meta accused of collusion
A complaint filed by 16 state attorney generals in 2020 accused Google of illegally cooperating with Facebook, now Meta Platforms, in the market for...
Big Tech record US$2.51 trillion increase in MARKET VALUE in 2021
The five top Big Tech firms in the world reportedly recording a whopping US$2.5 trillion plus in market value in the year 2021.
Bloomberg...
Facebook acquires Meta Finance Trademark for US$60 million
Facebook has closed a $60 million deal to purchase the trademark assets of Meta Financial Group after the social media giant renamed its company...
UK authorities order Meta (Facebook) to sell Giphy
The UK’s Competition and Markets Authority (CMA) has ordered Meta Platforms to sell its graphics maker Giphy to ensure fair competition in the social...
Meta to shut down Threads messaging app
Mark Zuckerberg's Meta (Facebook) has announced plans to pull the plug on Threads, a standalone direct messaging app for Instagram users launched in 2019,...
WhatsApp, Instagram, Messenger, Facebook Apps start showing ‘Meta’ branding
Facebook, WhatsApp, Instagram, Messenger, and other Facebook apps have started showing the company's new ‘Meta' branding on both Android and iOS devices.
The update...
Facebook to abolish facial recognition system
Facebook has announced this week that it is shutting down its facial recognition system, which automatically identifies users in photos and videos, citing growing...