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Instagram's Dive into the Text-Based Market

In a bid to adapt Instagram has recently made a bold move into the text-based market. This strategic decision is fueled by a combination of factors that underscore Instagram’s commitment to fostering deeper connections, accommodating user demands, and expanding its user base.  Evolving User Preferences:  Instagram’s venture into the text-based market is propelled by an […]

China’s Huawei Partners With More Automakers to Produce Aito EVs

China’s Huawei Technologies is partnering with more legacy automakers to produce Aito-branded electric cars, the company’s senior executive said on Saturday, in a move to expand its presence in the auto industry. Huawei will team up with Chery Automobile, BAIC Motor and Anhui Jianghuai Automobile Group in jointly developing and manufacturing Aito-branded vehicles, Richard Yu, […]

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 […]

Meta to Give EU Users More Options for Data Handling

Meta Platforms Inc said on Thursday it would change the legal basis on how Facebook and Instagram use personal data to target advertising in the European Union, after the bloc’s privacy regulator fined it for alleged breaches in January. The move, Meta said, will give EU users more options around how their data is handled […]

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 […]