Citing potential harm to social media users and U.K. advertisers, the U.K.’s Competition and Markets Authority (CMA) announced its decision to require Meta (formerly Facebook) to sell GIF generator Giphy, according to a Tuesday (Nov. 30) press release. Get the Full Story Complete the form...
Facebook’s move to rebrand as Meta aspires to fold its social media world into the metaverse, but the tech giant is also said to have its ambitions rooted in the real world with rumored talks of physical retail stores, insider sources told the New York...
Defunct photo app startup Phhhoto filed an antitrust lawsuit in the Eastern District of New York against Facebook alleging the social media giant used anti-competitive tactics intended to pick off rivals, according to The New York Times on Friday (Nov. 5). Phhhoto is seeking unspecified...
The Facebook Communities Summit, which took place Thursday (Nov. 4), was focused on advancing group tools to enable money-making, personalization and chat solutions, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Facebook will be allowing creators on its platform to share custom web links for fans to pay for subscriptions on Facebook’s native pay system, The Verge reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Facebook won’t be using facial recognition technology anymore, Meta Platforms Vice President of Artificial Intelligence Jerome Pesenti said in a blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
If “meta” means using the “most effective tactics available,” then Facebook’s pick for its new name — Meta — is appropriate. On the heels of numerous antitrust lawsuits around the globe, whistleblower fallout, and its quest to launch a metaverse, how else could the social...
Facebook is figuring out what to do about users making multiple accounts on the social media giant’s platform, according to internal documents seen by The Wall Street Journal (WSJ) Thursday (Oct. 21). Get the Full Story Complete the form to unlock this article and enjoy...
Facebook is reportedly planning to unveil a rebranding that includes a name change to better reflect the company’s move toward developing a metaverse, an unnamed source told The Verge. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...