Commentary Facebook has fired a shot across the bow of the Trudeau government’s plan to bail out cash-starved mainstream media. In a withering response to Australia’s 12-month review of legislation forcing online entities to share revenue with designated news publishers, Facebook’s parent company, Meta, makes it clear that, as things stand, it has no interest…
Peter Menzies: Meta Balks at Ottawa’s Plan to Force Tech to Fund Cash-Strapped Media
Facebook Parent Company Meta’s Q2 Revenue Falls to $28.8 Billion
Meta Platforms, the parent company of Facebook, Instagram, and Whatsapp, on Wednesday posted its second quarter results reporting a year-over-year revenue fall. Total revenues for the social media and tech company were $28.82 billion, a 1 percent drop from $29.07 reported for the second quarter of 2021. Meta, which describes itself as a business that…
Meta Sues US Subsidiary of Chinese Company for Scraping User Data
Meta is suing the U.S.-based subsidiary of a Chinese tech firm and one individual, which it accused of illegally scraping data from Facebook and Instagram. “Today, we’ve filed separate actions in federal court against Octopus and Defendant Ekrem Ateş for scraping data from Facebook and Instagram,” a Meta representative said in a press statement on…
Dui Loses Appeal in Russian Court Over ‘Extremist Activity’ Tag: TASS
MOSCOWA—Moscow court on Monday rejected an appeal brought by Meta Platforms Inc after it was found guilty of “extremist activity” in Russia in March, the TASS news agency reported. Russia restricted access to Meta’s flagship platforms Facebook and Instagram, as well as fellow social network Twitter, in the wake of Moscow sending tens of thousands…
Meta Loses Appeal in Russian Court Over ‘Extremist Activity’ Tag: TASS
MOSCOW—A Moscow court on Monday rejected an appeal brought by Meta Platforms Inc after it was found guilty of “extremist activity” in Russia in March, the TASS news agency reported. Russia restricted access to Meta’s flagship platforms Facebook and Instagram, as well as fellow social network Twitter, in the wake of Moscow sending tens of…
Meta Settles With US Department of Justice Over Discriminatory Advertising Allegations
Facebook’s parent company Meta and the U.S. Department of Justice (DOJ) have agreed to a settlement over allegations the company engaged in discriminatory advertising. Facebook discriminated by offering advertisers an algorithm that enabled advertisers to target ads to users based on their looks, sex, religion, and interests, according to a federal lawsuit. That violated the Fair…
Oklahoma Hospital Shooting Leaves Four Victims Dead; Meta COO Sheryl Sandberg Leaves After 14 Years | NTD Daybreak
A shooting at a hospital in Oklahoma leaves four victims dead. Investigations are underway to find out the motive of the suspected gunman. The House Judiciary Committee will meet in an emergency session to mark up a gun control bill that would impose heavy new federal restrictions and limits on firearms. Meta Platforms’ Chief Operating…
Sheryl Sandberg to Step Down as COO of Facebook Parent Company Meta
Sheryl Sandberg, the Chief Operating Officer of Facebook’s parent company Meta, said on Wednesday that she’s leaving this fall after 14 years with the company. “Over the next few months, Mark [Zuckerberg] and I will transition my direct reports and I will leave the company this fall,” she said in a long statement on social…
RFK Jr., Others, Speak at Facebook ‘Censorship’ Rally
With the advancement of digital technology and social media, people easily have the freedom to share what they have to say to others across the globe. Or can they? A large group of people, including some influential names, attended a rally outside of Facebook’s headquarters on May 19 organized by the grassroots group Humanity Against…
Meta Deliberately Shut Australian Facebook Accounts to Pressure Australian Government
Meta’s sweeping news ban across Australia in early 2021, which saw the Facebook pages of non-profits and government entities also shut down, was a deliberate ploy by the tech giant’s top brass to gain leverage during heated negotiations over an impending media payment law. The U.S.-based Whistleblower Aid revealed on May 5 that it had…
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