Search results for "Facebook"

Facebook's Growth Woes in India: Too Much Nudity, Not Enough Women

On Feb. 2, when Meta Platforms reported Facebook’s first-ever quarterly drop in daily users, its finance chief identified higher mobile data costs as a unique obstacle slowing growth in India, its biggest market. On the same day, the U.S. tech group posted the findings of its own research into Facebook’s business in India on an […]

How Facebook’s Cryptocurrency Venture Fell to its Demise

Surely, we all remember that one time when Facebook tried to enter the cryptocurrency world to expand its influence into the decentralized universe of cryptocurrency and blockchain. But those familiar with Facebook’s cryptocurrency venture also know that the dream did not even come close to fruition. Why? Let’s just start by saying many factors led […]

Did Facebook Create the Metaverse?

If you Google the question “Who created the internet,” you wouldn’t get a straight answer. There are the visionaries who conceived it, the engineers who built it, the coders who evolved it, and the creators who populated it. In that same sense, can we give credit to one person or company for creating the Metaverse? […]

Mark Zuckerberg Teases Wearable Tech with Neural Interface in Facebook Post

Meta Platforms Inc’s chief executive, Mark Zuckerberg, on Wednesday teased a new smart glasses project with EssilorLuxottica, posting a photo of the eyewear company’s chairman sporting a prototype of a neural interface wristband – designed for directing other devices. “Here Leonardo is using a prototype of our neural interface EMG [electromyography] wristband that will eventually […]

U.S. lawmakers urge Facebook to do more to fight Russia propaganda in Spanish

A group of 21 U.S. lawmakers sent a letter to Facebook chief executive Mark Zuckerberg on Wednesday voicing concern about what they called disinformation on the platform aimed at Spanish speakers about Russia’s invasion of Ukraine. The disinformation is spread by Moscow-backed outlets like RT en Espanol, among others, said the letter joined by Senators […]

Australian Watchdog Sues Facebook-Owner Meta Over Scam Advertisements

Australia’s competition watchdog filed a lawsuit against Facebook owner Meta Platforms on Friday, alleging the social media giant failed to prevent scammers using its platform to promote fake ads featuring well-known people. The advertisements, which endorsed investment in cryptocurrency or money-making schemes, could have misled Facebook users into believing they were promoted by famous Australians, […]

Russia Blocks Facebook, Passes 'fake news' Law; LVMH, Microsoft Halt Sales

Russia said it would block Facebook for excluding state media and CNN said it would stop broadcasting in Russia after a new law punishing “fake news” raised the stakes in Moscow’s fight with foreign corporation. Friday marked an escalation in the dispute that began after the invasion of Ukraine. Russia blocked a wave of media […]

Facebook Owner Meta Will Block Access to Russia's RT, Sputnik in EU

Meta Platforms Inc, parent company of Facebook, will restrict access to Russian state media outlets RT and Sputnik on its platforms across the European Union, the company’s head of global affairs said on Monday. Nick Clegg said in a Twitter post that the social media company received requests from a number of governments and the […]

Facebook’s Metaverse: How Meta will Work in the Coming Decade

Many are having a hard time envisioning something as abstract and incorporeal – in the most literal sense – as the Metaverse. Is it a visual space or a collection of them? Is it only in virtual reality, or does it include other interfaces and technologies? Facebook, now Meta, want to stake their claim on […]