Search results for "Facebook"

Bipartisan U.S Lawmakers Introduce Bill Aimed At Google, Facebook Ad Clout

A bipartisan group of U.S. senators introduced a bill on Thursday aimed at cutting Google and Facebook’s clout in online advertising, an early sign that lawmakers will press on with efforts to rein in Big Tech in the new congress. The bill targets Alphabet’s Google and Meta’s Facebook, as well as Amazon.com and Apple, according […]

Facebook Owner Meta Planning Lower Bonus Payouts for some Employees - WSJ

Facebook owner Meta Platforms Inc is planning to lower bonus pays for some employees, and assess staff performance more frequently, the Wall Street Journal reported on Tuesday, citing an internal memo. Employees of the social media giant, who get a rating of “met most expectations” in their 2023 year-end reviews, will receive a smaller percentage […]

New EU-US Data Pact May Come Too Late for Facebook - Regulator

A new pact to facilitate the safe transfer of EU citizens’ personal data to the United States might not come into force in time to avoid a suspension of Facebook’s transatlantic data flows, the U.S. firm’s lead European regulator said on Tuesday. Facebook owner Meta, which has warned a stoppage could force it to suspend […]

Monty Mobile’s Cloud Service: No More Low-Resolution Photos and Videos on Instagram and Facebook. Will This Soon Come True?!

Earlier last month, Monty Mobile offered a cloud service to Instagram & Facebook, enabling their users to upload their photos and videos in the highest resolution possible, hence increasing their customers’ loyalty and retention. Unfortunately, although all phone holders across the world struggle to get the latest iOS and Android, mainly for enjoying posting their […]

Facebook Parent Meta Is Preparing Large-Scale Layoffs This Week - WSJ

Meta Platforms Inc is planning to begin large-scale layoffs this week that will affect thousands of employees, the Wall Street Journal reported on Sunday citing people familiar with the matter, with an announcement planned as early as Wednesday. Meta declined to comment on the WSJ report. Facebook parent Meta in October forecasted a weak holiday […]

Zuckerberg to Testify in U.S. Case Against Facebook's Virtual Reality Deal

Meta Platforms Inc Chief Executive Officer Mark Zuckerberg will testify in a case by the Federal Trade Commission (FTC) that argues the company’s proposed deal to buy virtual reality (VR) content maker Within Unlimited should be blocked. In a court document filed with U.S. District Court Northern District of California on Friday, the FTC listed […]

Facebook Parent Seeks Dismissal of U.S. Challenge to Within Unlimited Deal

Facebook parent Meta Platforms Inc on Thursday asked a U.S. judge to dismiss a lawsuit filed by the Federal Trade Commission (FTC) that argues that the company’s proposed deal to buy reality content maker Within Unlimited should be blocked. “The FTC’s attempt to fix its ill-conceived complaint still ignores the facts and the law and […]

Meta's Facebook Agrees to Settle Data Privacy Lawsuit

Meta Platforms Inc’s Facebook has in-principle agreed to settle a lawsuit in the San Francisco federal court seeking damages for letting third parties including Cambridge Analytica access the private data of users, a court filing showed. The financial terms were not disclosed in the filing on Friday that asked the judge to put the class […]

U.S. Lawmakers Unveil Bill to Help News Media Negotiate with Google, Facebook

A bipartisan group of U.S. lawmakers on Monday released a revised version of a bill aimed at making it easier for news organizations to negotiate collectively with platforms like Google and Facebook. The Journalism Competition and Preservation Act “removes legal obstacles to news organizations’ ability to negotiate collectively and secure fair terms from gatekeeper platforms […]