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Meta, Facebook’s parent company, has been fined €265 million by the Irish Data Protect Commission (DPC) for breaching the EU’s General Data Protection Regulation. The company failed to design Facebook in an effort to protect users from data…
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Meta, the parent company of the social media platform Facebook, is looking to cut costs by 10% or more over the coming months. It recently reported its first-ever revenue decline in Q2 and is expected to record another drop when Q3 numbers…
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Meta has now made it possible for all its users in the United States to cross-post the NFTs that they own across its social media platforms Facebook and Instagram. This feature comes months after Meta began testing non-fungible tokens with…
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The much-awaited worldwide Web3 takeover is imminent and unfolding right now. Hailed as the future of the internet, this newly envisaged version of the World Wide Web is one where blockchain technologies and token-centric contents reign…
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Facebook Pay digital wallet has been rebranded by its parent company Meta as “Meta Pay” for its version of the metaverse. Mark Zuckerberg, Meta CEO, said Meta Pay, with additional features, would replace Facebook Pay. It will be used for…
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There is yet another development in the data monetization arena. As most of us know, companies like Google, YouTube and Facebook make a lot of money by selling user data. Data is the building block of the digital economy and those who don’t…
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Meta, formerly Facebook, latest Q1 2022 financial report shows growth but it's not as bright as it had expected. But CEO Mark Zuckerberg says they are confident about the company’s long-term goals. The report highlighted that daily active…
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Consider this statement – Mark Zuckerberg also says that the trend is not to collect data anymore. This is a clear indication that the pendulum is going back to an old set point. All of us should worry about our privacy, especially digital…
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Andrew Twiggy Forrest, an Australian billionaire, has alleged that Facebook failed to police false crypto advertisements. The chairman of Fortescue Metals filed a criminal lawsuit against the social media platform’s parent company Meta in a…
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Meta (previously Facebook) announced on Jan 31, that it was bringing to an end its stable coin project - Diem. The project was launched in 2019. It was then thought that it would grow to become an alternative to regular currency. Meta had,…
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