Arjuna Capital said it had secured support from the U.S. Securities and Exchange Commission (SEC) to put Meta Platforms Inc.’s proposed metaverse through a third-party evaluation of its potential psychological, civil and human rights harms, according to a Thursday (April 7) press release. Get the...
Meta’s plans for an internal digital currency have turned away from blockchain-based cryptocurrencies since the collapse of its Diem stablecoin project earlier this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Meta has new plans for virtual coins, tokens and lending services on its apps, with the company looking into more ambitious finance goals, Financial Times said Wednesday (April 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Instagram has cut down on the payments to makers of short videos, changing its strategy as it competes with TikTok for influencers and traffic, the Financial Times reported Tuesday (April 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Meta, the parent of social media giant Facebook, is becoming more remote than ever as companies start going back to the office, The Wall Street Journal wrote Wednesday (March 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
A Russian court has labeled Meta Platforms an “extremist organization” but said that ruling only applies to the already-outlawed Facebook and Instagram platforms, and not Meta’s messenger service WhatsApp. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Meta Platforms has instituted parental supervision tools for Instagram in response to criticisms that the photo sharing app was harmful to young users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Meta Platforms has been fined 17 million euros ($18.6 million) for violating the European Union’s privacy regulations by failing to prevent data breaches on its Facebook platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
South Africa’s competition regulator is seeking to prosecute Meta Platforms, formerly Facebook, and its subsidiaries, WhatsApp Inc and Facebook South Africa, for abusing its dominance in the social media sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
