Meta Platforms reported better-than-expected sales during the holiday quarter, fuelled by strong demand for advertising.
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Meta Platforms will reinstate former US President Donald Trump’s Facebook and Instagram accounts in the coming weeks.
Former US President Donald Trump said his campaign was in talks with Meta Platforms about a possible return to Facebook.
The Facebook parent’s biggest content moderator in Africa, Sama, is ending its services to the US tech giant.
Facebook owner Meta Platforms has agreed to pay $725-million, or about R12.4-billion, to resolve a class-action lawsuit.
Meta Platforms is facing a lawsuit in Kenya’s high court accusing the company of failing Africans by amplifying hate speech and incitement to violence on Facebook.
Meta Platforms has been slapped with a €265-million fine for failing to prevent the leak of the personal data of more than half a billion Facebook users.
Meta Platforms will let go of 13% of its workforce, or more than 11 000 employees, in one of the biggest tech layoffs this year
Meta Platforms is planning to begin large-scale layoffs this week that will affect thousands of employees, the Wall Street Journal reported.
Mark Zuckerberg’s apparent willingness to stomach such losses is a sign of his faith in the metaverse. Investors aren’t as confident.