(Reuters) As it gets ready for another wave of layoffs, Facebook parent company Meta Platforms Inc (META.O) has put off completing the budgets of many departments, the Financial Times reported on Saturday. According to the FT, which cited two Meta workers who were acquainted with the issue, there had beenRead More →
On Wednesday, Meta, the parent company of Facebook, reported a stronger earnings than projected in the most recent quarter, allaying investor fears about the impact of TikTok competition and loosening advertising restrictions. Meta announced a profit of $7.5 billion on revenue of $27.9 billion in the first three months ofRead More →
According to a Washington Post article Wednesday, which was partially validated by AFP, Facebook’s owner Meta has engaged a consulting firm to carry out a US campaign disparaging its competitive competitor TikTok. The effort purportedly involves sending letters to major US news sites and publicising unfavourable reports about TikTok, allRead More →
SAN FRANCISCO (AFP) – Meta, Facebook’s parent company, blacklisted a number of “cyber mercenary” companies and began warning around 50,000 people who were presumably targeted by the corporations suspected of spying on activists, dissidents, and journalists throughout the world. Meta apparently pulled down 1,500 Facebook and Instagram profiles related toRead More →
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