Facebook parent Meta Platforms has repeatedly demonstrated an ability to rebound after earnings disappointments. Not this time.
Browsing: Meta Platforms
Big changes are coming to South Africa’s payments industry that will shake up the financial services sector, according to BankservAfrica CEO Jan Pilbauer.
Meta Platforms has tumbled out of the world’s 10 largest companies by market value, hammered by its worst monthly stock decline ever.
Google said it would bring its Privacy Sandbox initiative to Android phones, vowing to chart a less “blunt” path than rival Apple over digital advertising.
Meta Platforms’ revenue is taking a multibillion-dollar hit because it can’t gather as much data on iPhone users. The company spent last year attacking Apple for the change; now it’s publicly calling out Google, too.
TikTok is working on ways to rate and restrict content by age in order to prevent adult content from reaching teenage users.
TikTok, the pandemic and mobile data costs in India all helped draw people away from Facebook at an unprecedented rate last quarter. The big question is, when will it be Instagram’s turn?
Mark Zuckerberg lost $29-billion in net worth on Thursday as Meta Platforms’ stock marked a record one-day plunge, while Jeff Bezos was set to add $20-billion.
Facebook’s announcement that user numbers had dropped for the first time laid bare a long-neglected vulnerability: it’s a one-trick pony.
Facebook owner Meta Platforms’ shares plunged more than 20% late on Wednesday after the social media company posted a weaker-than-expected forecast.