Facebook parent company Meta has been ordered to pay $10.5 million (nearly Rs. 86 crore) in legal fees to Washington state atop a nearly $25 million (nearly Rs. 200 crore) fine for repeated and intentional violations of campaign finance disclosure laws. King County Superior Court Judge Douglass North issued the legal-fee order Friday, two days
Social
Meta Platforms Chief Executive Officer Mark Zuckerberg will testify in a case by the Federal Trade Commission (FTC) that argues the company’s proposed deal to buy virtual reality (VR) content maker Within Unlimited should be blocked. In a court document filed with the US District Court Northern District Of California on Friday, the FTC listed
Former US President Donald Trump on Friday said he was happy Twitter was in “sane hands” after Elon Musk formally took over, but did not say whether he would return to his account on the platform that banned him. Trump said he thought his own Truth Social media platform “looks and works better.” “I LOVE TRUTH,” Trump
Rapper Kanye West’s Twitter profile, which was suspended for posting anti-Semitic remarks, appeared to be back up on the platform, a day after billionaire Elon Musk took ownership of the social media company following his $44 billion (nearly Rs. 3,62,300 crore) deal. The rapper, now known as Ye, was suspended from Twitter and Meta Platforms’
Elon Musk has said that he intends to replace Parag Agrawal as CEO of the social media platform and also intends to reverse the permanent ban on users, according to a Bloomberg report. Agrawal was fired along with other major executives upon completion of the takeover, Bloomberg reported on Friday, citing a person familiar with
Social media giant Meta India’s Vice President and Managing Director Ajit Mohan at a Delhi-based think tank event on Thursday lauded the Indian government and its policy, regarding the Internet and its security. “We welcome government regulation. In India, the government has been vocal about holding companies accountable for internet safety and we are fully
Do you check your social media handles first thing in the morning? Is scrolling through reels the last thing you do before you sleep? Do you experience FOMO seeing other people’s posts? In case the answer to any of these is yes, you are not the only one. Social media platforms such as Twitter, Facebook, and Instagram
Meta’s Instagram now has 2 billion monthly active users worldwide, closing in on the 2.96 billion who use Facebook, in a sign of the social media giant’s shifting makeup. 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. It also
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
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
“Is Twitter dying?” billionaire Elon Musk mused in April, five days before offering to buy the social media platform. The reality, according to internal Twitter research seen by Reuters, goes far beyond the handful of examples of celebrities ghosting their own accounts. Twitter is struggling to keep its most active users – who are vital
Facebook-parent Meta Platforms needs to streamline by cutting jobs and capital expenditure, its shareholder Altimeter Capital Management said on Monday in an open letter to Chief Executive Mark Zuckerberg. The company has lost investor confidence as it ramped up spending and pivoted to the metaverse, the technology-focused hedge fund with a 0.1 percent stake said,
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
WhatsApp is down for several users, according to thousands of reports from users of the popular messaging app owned by Facebook parent Meta. Based on reports on downtime tracking services, users in India and around the world are currently unable to access the messaging app. WhatsApp has acknowledged that it is aware that users are
Biden Administration officials are discussing whether the United States should subject some of Elon Musk’s ventures to national review including the deal for Twitter Inc and SpaceX’s Starlink satellite network, Bloomberg News reported on Thursday, citing people familiar with the matter. The SpaceX chief in recent times has taken to Twitter to announce proposals to
Facebook on Thursday added a method for people running groups to automatically sift out claims that have been debunked since being posted. The ability for group administrators to send misinformation to a “quarantine queue” comes ahead of midterm elections in the US and as Facebook-parent Meta continues to fend off critics who say it doesn’t
A Facebook search for the words “election fraud” first delivers an article claiming that workers at a Pennsylvania children’s museum are brainwashing children so they’ll accept stolen elections. Facebook’s second suggestion? A link to an article from a site called MAGA Underground that says Democrats are plotting to rig next month’s midterms. “You should still
South Korea’s parliament saw heated debate on Friday over proposed legislation to make global content providers such as Netflix and Alphabet’s Google pay South Korean network fees. The deliberations mirror attempts in Europe by some countries that want the European Commission to come up with legislation that ensures Big Tech firms partly finance telecoms infrastructure,
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