In conjunction with its Q2 earnings report, Meta — the company formerly known as Facebook — announced that as of Nov. 1, current Chief Financial Officer David Wehner would take on a new role as “Meta’s first chief strategy officer, where he will oversee the...
Meta Platforms reiterated its warning that it may have to pull its popular Facebook and Instagram services from the European Union if a new transatlantic data transfer pact doesn’t materialize. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The Federal Trade Commission (FTC) just sued to block Meta from acquiring a VR company, saying it would put the social media giant “one step closer to its ultimate goal of owning the entire ‘Metaverse.’” Get the Full Story Complete the form to unlock this...
Meta will be changing how it uses resources for its Facebook News tab and Bulletin newsletter, intending to focus more on the creator economy, according to a memo sent to employees. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Meta (formerly Facebook) will be paying close attention to the discussions that will be held today, July 12, on the plenary session of the European Data Protection Board (EDPB). The outcome of these discussions may have a direct impact on the company’s ability to provide...
Ireland’s Data Protection Commission (DPC) is closer to taking steps that could suspend data transfers from the European Union to the U.S. by Facebook and Instagram. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
By offering more ways for creators of non-fungible tokens (NFTs) to monetize their art or services, Meta is hoping to grow Facebook’s user base by attracting artists’ fans as well as a younger demographic, Meta Head of Commerce and Financial Technologies Stephane Kasriel told the Financial...
In a coda to its stablecoin payments ambitions, Meta announced on July 1 that the Novi digital wallet project is at an end. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
It seems, for Big Tech, a lightning trip on the way to, and a swift descent from, from the trillion-dollar mark. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
