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 Hit With Landmark $1.3 Billion EU Privacy Fine
Meta Hit With Landmark $1.3 Billion EU Privacy Fine
May 22, 2023  |  Meta

Meta Platforms has been fined a record $1.3 billion for violating Europe’s data privacy law. The fine, announced Monday (May 22) by the Irish Data...

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Report: Meta Aims to Launch Text-Based Twitter Rival This Summer
Report: Meta Aims to Launch Text-Based Twitter Rival This Summer
May 19, 2023  |  Meta

Meta is reportedly developing a text-based app that will work closely with Instagram. The new app, which will compete with Twitter, has been in the testing phase with...

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As Meta Exits, Can Amazon, Google and Reddit Get Social Commerce Right? 
As Meta Exits, Can Amazon, Google and Reddit Get Social Commerce Right? 
May 16, 2023  |  Social Commerce

The realm of social commerce is undergoing remarkable advancements with key players such as Google, Amazon and Reddit venturing into the trend of integrating eCommerce...

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Meta Vows to Fight as FTC Proposes New Privacy-Related Restrictions
Meta Vows to Fight as FTC Proposes New Privacy-Related Restrictions
May 03, 2023  |  Regulation

The Federal Trade Commission (FTC) has proposed several restrictions on Meta. Saying the firm has violated a 2020 privacy order issued when it was still...

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Tech Giants See Boost in Advertising Revenue, but Will It Last? 
Tech Giants See Boost in Advertising Revenue, but Will It Last? 
May 03, 2023  |  Retail

Recent quarterly reports indicate that major tech companies such as Amazon and Meta have experienced a boost in advertising revenue, suggesting a possible recovery of...

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Meta Says Generative AI and the Metaverse Will Evolve Together
Meta Says Generative AI and the Metaverse Will Evolve Together
April 26, 2023  |  Earnings

While its Reality Labs unit continues hemorrhaging money, Meta is far from giving up on the metaverse, even as it pursues other less visionary projects...

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EU Identifies 19 Companies Subject to Digital Services Act
EU Identifies 19 Companies Subject to Digital Services Act
April 25, 2023  |  Regulation

The world’s tech giants are among 19 firms the EU says are subject to new content regulations. Europe’s Digital Services Act (DSA) requires these companies...

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Community.com, Artifact and Substack Creating Next-Gen Social Platforms Around Text
Community.com, Artifact and Substack Creating Next-Gen Social Platforms Around Text
April 25, 2023  |  Social Commerce

Rising next-gen social engagement platforms are not on the metaverse or Web3 but rather simplified and streamlined text-based apps that draw together like-minded users and...

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Meta to Slash Jobs Across Its 3 Social Platforms
Meta to Slash Jobs Across Its 3 Social Platforms
April 19, 2023  |  Meta

Meta is reportedly readying layoffs that will impact its flagship social media platforms. The company told managers to be prepared for layoff announcements Wednesday (April...

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