Southeast Asia’s internet economy is expected to be worth $330 billion by 2025, though this a downgrade from a previous forecast due to economic uncertainty and more pressure on tech companies to make a profit, an industry report said on Thursday. The annual report, by Alphabet’s Google, Singapore state investor Temasek Holdings and global business […]
Meta Platforms
Meta Platforms Inc has almost no chance of barring the chair of the U.S. Federal Trade Commission, Lina Khan, from participation in the FTC’s challenge to Meta’s planned acquisition of virtual reality content developer Within Unlimited Inc. But that has not stopped Meta from continuing to wage a campaign for Khan’s disqualification, as evidenced most […]
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 […]
Tech giants are racing to dominate the future of the internet referred to collectively as the Metaverse. Whereas every tech giant has their own niche to fill, the Meta metaverse version want to be them all, and are investing heavily – to putt lightly – to make it happen. The Meta Metaverse in a Nutshell […]
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 […]
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 […]