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 […]
Britain’s competition regulator has ordered Facebook-owner Meta to sell animated-images platform Giphy on Tuesday after a tribunal upheld its view that the acquisition could damage its rivals and remove a potential competitor in advertising. Meta said it would accept the Competition and Markets Authority’s (CMA) order to unwind the 2020 deal. “We are disappointed by […]
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 […]
On Wednesday, October 13, Meta CEO Mark Zuckerberg revealed that an estimated 118 million users of the giant lost their followers due to reasons that have yet to be announced. Mark Zuckerberg alone lost more than 119 million followers, decreasing his follower base to below 10,000, all while a considerable number of users complained of […]
Meta, the multi billion dollars company previously known as Facebook has been facing backlashes regarding their advertising and digital campaign policies in addition to their customer support. With an estimated 36.8 percent of all the people on Earth using Facebook daily according to Data Reportal, it is difficult to apprehend why the company has not taken any […]
Once known as Facebook, Meta set the metaverse as its primary goal. The promise to once roam the virtual realms and meet up with friends and colleagues to work or have fun was bold. Meta is yet to deliver on that promise. With the Meta Horizon Worlds, people can enter the virtual world and enjoy […]
A startup is simply an emerging company, a business freshly created. Recently, the draw of starting your own business is becoming more and more alluring. Usually, startups implement a trial-and-error system. Entrepreneurs typically learn as they go and try to chase the pot of gold at the end of their journey. What are the types […]
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 […]
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 […]
A global venture capital firm, famous in both the financial and technology scene, 500 startups back a wide range of companies and has managed, thus far, to maintain its exponential presence in the global market. Providing the needed financial support to rising tech startups, 500 Startups fixates on high-level criteria when looking for rising startups […]