Month: October 2022

Meta criticized Apple for changing its App Store terms to take a portion of social-media advertising revenue, saying the iPhone maker was “undercutting others in the digital economy.” The 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
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Billionaire Snap founder Evan Spiegel rubbished the idea that future computing will migrate into a virtual world dubbed the metaverse, arguing most people prefer a lighter touch known as augmented reality. Augmented reality, which broadly speaking superimposes digital info on the real world, lets people harness computing power without forcing them to rely on a
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Meta, Facebook’s parent company, has been fined TRY 346.72 million (roughly Rs. 153 crore) or the equivalent of $18.63 million, for breaking competition law, it said on Wednesday. The company held a dominant position in personal social networking services and online video advertising markets and obstructed competitors by merging data collected through the company’s core
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