Reality crashes down on Meta After a decade of unprecedented growth, Meta has finally hit a wall. Axios · Jul 28, 2022
Meta revenues fall for the first time as advertising sales dry up Meta shares have fallen almost 50% since the beginning of 2022 Evening Standard · Jul 28, 2022
Facebook parent company Meta reports first-ever losses for global tech giant The revenue losses come as the industry contends with market instability, growth slowdowns, and increasing competition between platforms. ABC News · Jul 28, 2022
Meta posts its first-ever quarterly revenue decline The company faces competition, regulation and the cost of its metaverse pivot. Axios · Jul 27, 2022
FTC acts to block Meta from buying VR company, fitness app Federal regulators have taken legal action to block Facebook parent Meta and its CEO Mark Zuckerberg from acquiring virtual reality company Within Unlimited and its fitness app Supernatural The Independent UK · Jul 27, 2022
Facebook is making radical changes to keep up with TikTok Facebook is overhauling its flagship app and Instagram to be more like the video platform that's so popular with Gen Z. Some people, like Kim Kardashian and Kylie Jenner, say it's trying too hard. WEKU · Jul 26, 2022
‘Stop trying to be TikTok’: user backlash over Instagram changes Updates to copy features of arch-rival leave some users struggling to find friends and family content The Guardian - UK · Jul 26, 2022
Lanarkshire software specialist teams up with booming virtual reality gaming firm Eureka Solutions, which is based in Peel Park, employs 72 people in the field of business accountancy software. Daily Record · Jul 23, 2022
Paddy Pimblett has Twitter account suspended hours before UFC London fight Pimblett returns to the cage tonight but his outspoken views appear to have landed him in trouble with the social media giant Daily Mirror · Jul 23, 2022
Instagram's pivot to Reels tanked general engagement, study shows Average Instagram engagement has decreased by about 44 percent since 2019. Input · Jul 22, 2022
Facebook to allow 'most recent' posts from friends as homepage gets new look on mobiles Founder Mark Zuckerberg said the Home and Feeds tabs on its mobile app would enable users to "customise and control" their experience Wales Online · Jul 21, 2022
Mark Zuckerberg to face deposition over Cambridge Analytica scandal The Meta CEO, and former COO Sheryl Sandberg will be questioned as part of a lawsuit filed on behalf of Facebook users in California The Guardian - US · Jul 20, 2022
Tech company earnings reports expected to bring a flush of bad news Some US firms have announced hiring slowdowns and layoffs in recent weeks amid fears of recession The Guardian - US · Jul 17, 2022
Will everyone be welcome in the metaverse? Meta must prove it’s built the right protections for users if the metaverse is to be an inclusive space Evening Standard · Jul 15, 2022
Benzinga · Jul 12, 2022 Top 10 Celebrity Crypto Fails This article was originally published on Investingoal and appears here with permission. Crypto has exploded over the past few years with people making massive returns on investment by investing in assets like Bitcoin and Ethereum as well as digital art projects or NFTs.
Axios · Jul 11, 2022 Klobuchar, Warren press Meta on "censoring" of abortion posts The senators' inquiry kicks off an expected barrage of challenges for tech platforms over abortion content.
Roll Call · Jul 7, 2022 Trump-backed Masters wants to join Senate ‘America First Caucus’ From investigating Fauci and Zuckerberg to battling McConnell and Biden, Arizona GOP Senate candidate Blake Masters has plans if he wins.
Evening Standard · Jul 6, 2022 Facebook owner Meta enhances language translation AI It comes after Meta was accused of failing to moderate harmful content in different languages
The Guardian - UK · Jul 5, 2022 UK could force messaging apps to adopt new technology to tackle abuse images Home secretary says new powers to require tech firms to remove encrypted abuse material would bring privacy and security
Bangkok Post · Jul 2, 2022 Top billionaires $1.4 trillion poorer Elon Musk’s fortune plunged almost US$62 billion. Jeff Bezos saw his wealth tumble by about $63 billion. Mark Zuckerberg’s net worth was slashed by more than half.
The Times of India · Jul 2, 2022 Elon Musk, Jeff Bezos, other richest billionaires lose $1.4 trillion in worst half ever NEW YORK: Elon Musk’s fortune plunged almost $62 billion. Jeff Bezos saw his wealth tumble by about $63 billion. Mark Zuckerberg’s net worth was slashed by more than half.
Benzinga · Jul 1, 2022 Benzinga Before The Bell: Kohl's Deal Talks Cancellation, Tesla's Racial Discrimination Lawsuit, Nio's Strong June Deliveries And Other Top Financial Stories Friday, July 1 CNBC Why Kohl’s Shares Are Plunging Today
Benzinga · Jul 1, 2022 Facebook Parent Meta Testing NFTs With Some Creators In The US: Report Meta Platforms Inc (NASDAQ: META) is reportedly testing digital collectibles on Facebook with select creators across the United States.
Benzinga · Jul 1, 2022 Facebook Parent Meta Cuts Hiring Plans As Mark Zuckerberg Flags 'Worst Downturn In Recent History:' Report Meta Platforms Inc (NASDAQ: META) CEO Mark Zuckerberg has reportedly asked his employees to brace for one of the worst economic downturns in recent history.
Inverse · Jun 30, 2022 You need to watch David Fincher's most important techno-thriller before it leaves Netflix this week In 2010, 'The Social Network' arrived at just the right time, revealing how social media got here and where it was headed.