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

Meta Expands ID Verification Subscription Service to US
Meta Expands ID Verification Subscription Service to US
March 17, 2023  |  Subscriptions

Meta Verified has been expanded to the United States. The subscription service — which was introduced in Australia and New Zealand in February — lets...

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Microsoft’s Metaverse Retrenchment Shows Pitfalls of Predicting Next Big Thing
Microsoft’s Metaverse Retrenchment Shows Pitfalls of Predicting Next Big Thing
February 24, 2023  |  Big Tech

While Meta takes a monthly billion-dollar haircut on its metaverse strategy, Microsoft is also struggling. At least as it relates to the here-by-tomorrow potential of metaverse virtual...

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Meta Follows Twitter Into Subscriptions
Meta Follows Twitter Into Subscriptions
February 19, 2023  |  Meta

Meta will begin testing a paid verification service for creators on Facebook and Instagram. The social media giant announced the launch of Meta Verified on...

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Big Tech Firms Publish Monthly Active Users Data for EU
Big Tech Firms Publish Monthly Active Users Data for EU
February 17, 2023  |  Regulation

Big tech companies have released monthly active users (MAU) numbers to comply with a regulation. Reuters reported Friday (Feb. 17) that the firms released the numbers because...

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‘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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