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 […]
Google has grave reservations about developing a self-regulatory body in India for the social media sector to hear user complaints, though the proposal has support from Facebook and Twitter, sources with knowledge of the discussions told Reuters. India in June proposed appointing a government panel to hear complaints from users about content moderation decisions, but […]
India’s government on Wednesday withdrew a data protection and privacy bill which was first proposed in 2019 and had alarmed big technology companies such as Facebook and Google, announcing it was working on a new comprehensive law. The 2019 law had proposed stringent regulations on cross-border data flows and proposed giving the Indian government powers […]
Facebook-parent Meta Platforms Inc is set to raise $10 billion in its first-ever bond offering on Thursday, as it looks to fund share buybacks and investments to revamp its business, according to two sources close to the deal. The offering, which included bonds with maturities ranging from five years to 40 years, received over $30 […]
Indonesia has blocked search engine website Yahoo, payments firm PayPal and several gaming websites due to failure to comply with licensing rules, an official said on Saturday, sparking a backlash on social media. Registration is required under rules released in late November 2020 and will give authorities broad powers to compel platforms to disclose data […]
Stiff competition from TikTok and Apple Inc’s privacy changes will remain a cause for concern for Facebook-owner Meta Platforms Inc in the near term, Wall Street analysts said. At least 16 brokerages cut their price targets on Meta after the company reported its first-ever quarterly revenue drop on Wednesday, highlighting challenges faced by U.S. companies […]