Facebook, Instagram and Whatsapp are down in major Meta outage
As of Wednesday afternoon, more than 150,000 users had reported outages across Meta's WhatsApp, Facebook, and Instagram apps. DownDetector.com. According to a Reuters report, Instagram announced late Wednesday that its service was back online, according to outage tracking website Downdetector.com. The number of reports had dropped to more than 1,000 on both apps as of […]
Meta executive admits company ‘overdid it’ with COVID censorship — ‘We sometimes over enforce’
Meta's president of global affairs said the social media company had gone too far in moderating COVID-19-related content on its platform. Nick Clegg has spoken to members of the media and claimed that Meta founder Mark Zuckerberg wants to have a say in President-elect Donald Trump's future technology and social media policies. According to financial […]
Meta plans to build $10B globe-spanning undersea internet cable: report
Social media giant Meta plans to lay its own dedicated undersea fiber optic internet cables that will span the world, according to a new report. Meta, the parent company of Facebook, Instagram and WhatsApp, plans to announce plans early next year to lay more than 25,000 miles of fiber-optic cable under the sea, a move […]
Meta CEO Mark Zuckerberg Meets With Trump At Mar-a-Lago
L|Next US President Donald Trump (Photo by Anna Moneymaker/Getty Images) R|So says Mark Zuckerberg of US tech giant Meta. (Photo provided by: STR/Jiji Press/AFP via Getty Images) OAN Staff Avril Elfie8:12am – Thursday, November 28, 2024 President-elect Donald Trump met with Meta CEO Mark Zuckerberg at Mar-a-Lago. advertisement President Trump's adviser Stephen Miller confirmed the […]
Judge schedules trial in Meta antitrust case
The Federal Trade Commission's (FTC) antitrust lawsuit against Facebook and Instagram's parent company Meta will go to trial on April 14th. U.S. District Judge James Boasberg has scheduled a bench trial, meaning the case will not go to a jury and a judge will decide the outcome of the case. The case has been poised […]
Supreme Court dismisses appeal from Facebook owner Meta over securities fraud lawsuit
Michael Lee, founder of Michael Lee Strategy, discusses the decline in Microsoft and Meta stocks and explains why you should invest in these two companies. The Supreme Court on Friday rejected an appeal by Facebook owner Meta Platforms in a securities fraud case accusing the tech giant of misleading investors in a data collection scandal […]
EU fines Meta over $840 million for ‘abusive practices’ favoring Facebook Marketplace
Meta was fined more than $840 million on Wednesday after a three-year legal process for violating European Union antitrust rules related to market dominance. According to , the multinational company was penalized for tying the online classified advertising service Facebook Marketplace to the personal social network Facebook. release. This feature allows Meta to use data […]
Meta Slapped with $840 Million Fine in Europe over Anticompetitive Practices
Mark Zuckerberg's Meta, the parent company of Facebook, Instagram and WhatsApp, was awarded €797.72 million by the European Commission for breaching EU antitrust rules related to Facebook Marketplace, its online classified advertising service. The company was fined a huge amount (approximately $840 million). tech crunch report The European Commission announced yesterday that it will fine […]
Meta must face FTC’s antitrust suit over Instagram, WhatsApp acquisitions
Federal Trade Commission lawsuit seeks settlement with Facebook owner Metaplatforms over claims it acquired Instagram and WhatsApp to crush new competition in social media The case must go to trial, a Washington judge ruled Wednesday. Judge James Boasberg ruled against Meta's motion to end a lawsuit filed against Facebook in 2020 during the Trump administration, […]
Meta warns of ‘significant acceleration’ in costs tied to AI after strong Q3
Facebook owner Metaplatforms on Wednesday beat analysts' expectations for third-quarter revenue and profit, but warned that infrastructure spending related to artificial intelligence would “accelerate significantly.” The results sent mixed signals to investors about whether digital ad sales from Meta's core social media business will continue to cover the costs of building AI at scale. Shares […]