Facebook

Facebook, Inc. is an American online social media and social networking service company based in Menlo Park, California. It was founded by Mark Zuckerberg, along with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes.

Facebook is a popular free social networking website that allows registered users to create profiles, upload photos and video, send messages and keep in touch.

Source: facebook.com

‘Mess’ Reported at Meta as Company Plans New Layoffs
‘Mess’ Reported at Meta as Company Plans New Layoffs
February 12, 2023  |  Meta

Meta CEO Mark Zuckerberg’s “year of efficiency” is reportedly off to a rocky start. The company has delayed the budgets for several of its teams...

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Meta Sees Promise in Monetizing Apps With Shop Ads, Click to Message
Meta Sees Promise in Monetizing Apps With Shop Ads, Click to Message
February 01, 2023  |  Meta

With Meta’s battered stock doubling in the past 3 months, it’s not all about the money-losing metaverse anymore. This, as shares of Meta Platforms jumped...

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Meta’s $1.6B Kenya Court Case Revives Online Safety Debate
Meta’s $1.6B Kenya Court Case Revives Online Safety Debate
January 05, 2023  |  Meta

Kenya has taken center stage as governments worldwide debate how to regulate social media algorithms. Specifically, all eyes are on the Kenyan High Court, where...

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Meta Fined $413M for GDPR Breaches
Meta Fined $413M for GDPR Breaches
January 04, 2023  |  Meta

Facebook parent company Meta is facing 390 million euros ($413.4 million) in fines. Ireland’s Data Protection Commission (DPC) said in a Wednesday (Jan. 4) press...

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New Year, Same Data-Privacy Woes for Meta’s Advertising Cash Cow
New Year, Same Data-Privacy Woes for Meta’s Advertising Cash Cow
January 04, 2023  |  Meta

Ireland’s Data Protection Commission (DPC) says Meta’s ad-centric business model is noncompliant with European regulations. That’s according to a public statement released Wednesday (Jan. 4)...

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Metaverse Meltdown Looks Poised to Continue into 2023
Metaverse Meltdown Looks Poised to Continue into 2023
January 01, 2023  |  Metaverse

New year, new opportunity — but for the metaverse meltdown, well, that seems poised to continue. By the looks of it, the metaverse (and Meta’s...

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Online Sellers Weigh Value of TikTok, Twitter in Reaching New Customers
Online Sellers Weigh Value of TikTok, Twitter in Reaching New Customers
December 27, 2022  |  Retail

Retailers that rely heavily on social media for sales may want to consider diversifying platforms. TikTok is poised to be regulated in the U.S. and...

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Metaverse Will Keep Getting 20% of Meta’s Investments 
Metaverse Will Keep Getting 20% of Meta’s Investments 
December 19, 2022  |  Meta

Meta will continue to devote 20% of its investments to its metaverse business.  While that share goes to its business devoted to such projects —...

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Twitter to Yank Accounts Linking to Other Social Media Platforms
Twitter to Yank Accounts Linking to Other Social Media Platforms
December 18, 2022  |  Social Commerce

Twitter is taking steps to prevent users from promoting other social media platforms. “We recognize that many of our users are active on other social...

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