The term “metaverse” seems to be everywhere. Facebook is hiring thousands of engineers in Europe to work on it, while video game companies are outlining their long-term visions for what some consider the next big thing online. The metaverse, which could spring up again when Facebook releases earnings Monday, is the latest buzzword to capture […]
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Facebook launched on Tuesday its own digital wallet Novi to support decentralized currencies in collaboration with Coinbase and was faced with an urge from U.S. senators and lawmakers to cease the wallet’s pilot release, effective immediately. One notion Facebook’s six-hour outage proved to us: the magnitude of our reliance on just one company. Facebook made […]
Facebook said it plans to hire 10,000 workers in the European Union over the next five years to work on a new computing platform that promises to connect people virtually but could raise concerns about privacy and the social platform gaining more control over people’s online lives. The company said in a blog post Sunday […]
Near the Twizzlers and Sour Patch Kids at a New York candy store are fruit-shaped soft jelly candies that earned a spot on the shelves because they went viral on TikTok. A flood of videos last year showed people biting into the fruit gummies’ plastic casing, squirting artificially-colored jelly from their mouths. Store staffers at […]
On October 7, Twitch confirmed that an enormous hacking incident took place. Large data sets including the platform’s private source code, unreleased projects, and how much streamers are getting paid were released to the public. While social media users thought Facebook’s massive whistleblower scandal was the top news story of the week, the cybercriminals outdid themselves to the point where it got everyone questioning, […]
The six-hour outage at Facebook, Instagram and Whatsapp was a headache for many casual users but far more serious for the millions of people worldwide who rely on the social media sites to run their businesses or communicate with relatives, fellow parents, teachers or neighbors. When all three services went dark Monday, it was a […]
A former Facebook data scientist has stunned lawmakers and the public with revelations of the company’s awareness of apparent harm to some teens from Instagram and her accusations of dishonesty in its fight against hate and misinformation. Now she is coming before Congress. Frances Haugen has come forward with a wide-ranging condemnation of Facebook, buttressed […]
ByteDance plans to globally emerge into the e-commerce industry by leveraging TikTok, to launch an international shopping platform, attracting merchants and consumers taking on Amazon. The Beijing-based company proved itself as a force to be reckoned with as it expands its influence over a diversified multitude of platforms, and its latest tactic to overtake Amazon’s […]
Facebook systems’ sudden emergence to darkness on Monday sends the social media mogul stoke to plummet by almost 5 percent, bleeding Mark Zuckerberg net worth by more than $6 billion, according to Bloomberg’s Billionaire Index. During the same time its global head of safety Antigone Davis went live on CNBC to clear the company’s image over the […]
Facebook and its Instagram and WhatsApp platforms are back online after a massive global outage plunged the services and the businesses and people who rely on them into chaos for hours. Facebook said late Monday that “the root cause of this outage was a faulty configuration change” and that there is “no evidence that user […]