There was a time when online platforms “moved fast, broke rules,” and were rewarded with massive consumer (and financial) growth while encountering limited regulatory pushback, if any at all. This was the case for Meta (formerly Facebook) and Uber, who were able to exploit some...
Facebook is rolling out its Facebook News service in France on Tuesday (Feb. 15), thanks in part to a collaboration with AFP Media Services, the company announced in a blog post Monday (Feb. 14). Get the Full Story Complete the form to unlock this article...
Meta says it’s “absolutely not” leaving Europe over European Union-U.S. data transfers, refuting reports in the press, according to a company blog post published Tuesday (Feb. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Meta has teamed with a financial services company to file a joint lawsuit against two Nigerian individuals for engaging in fraudulent activity, according to a company blog post published Tuesday (Feb. 8). Get the Full Story Complete the form to unlock this article and enjoy...
Complete with holographic avatars fencing and shooting hoops, the VP of Meta’s Metaverse unit Vishal Shah closed out the first day of speakers at an advertising conference with a speech about the perks and profits of the metaverse, according to reports. Get the Full Story...
News from Meta that daily active users (DAUs) on its flagship Facebook platform fell by 1 million through the fourth quarter of 2021 begs the question, “Where are they all going?” Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Facebook is unloading its cryptocurrency unit, Diem Association, to Silvergate Capital for an estimated $200 million, The Wall Street Journal (WSJ) reported Thursday (Jan. 27), citing unnamed sources with insider information. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Meta CEO Mark Zuckerberg is seeing the demise of his cryptocurrency project due to regulatory pressures, Bloomberg reported Tuesday (Jan. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Meta has unveiled the AI Research SuperCluster (RSC), a supercomputer that the social media giant says will — by mid-year — be the fastest on earth, and that is designed to help the company enter the metaverse. Get the Full Story Complete the form to...