Facebook, facing intense scrutiny over its business practices, is planning to rebrand the company with a new name that focuses on the metaverse, according to The Verge.
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Facebook Inc blamed a “faulty configuration change” for a nearly six-hour outage on Monday.
Facebok, Instagram and WhatsApp went offline for users across the globe, the social media giant said on Monday, as it worked on restoring its services.
For years, Facebook shares have been a must-own. But investors should be starting to worry.
Chinese regulators are seeking to implement far-reaching rules about the algorithms technology companies use to recommend videos and other content.
Facebook shares rose more than 4% after a US antitrust case was thrown out of court. The share price rise put Facebook’s market capitalisation over $1-trillion for the first time.
Instagram is launching the option for users globally to hide like counts on posts and the change will soon roll out on Facebook.
Facebook’s platforms, including online messaging service WhatsApp and photo-sharing app Instagram, were down for thousands of users on Friday, according to outage tracking website Downdetector.com.
Even in a year when bashing tech companies has become a bipartisan avocation, last week’s US antitrust assault on Facebook stands out.
The US took a major step toward the possible breakup of Facebook by formally filing an antitrust lawsuit against the technology giant. Here’s how a forced breakup would impact Facebook’s prospects.