Friday, February 23, 2024
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META

Facebook Owner Reports First Ever Revenue Drop

Meta, the company that owns Facebook, has reported a drop in revenue for the second quarter. According to The Verge, the giant tech company's revenue dropped by 1% to $28.8 billion, adding that in the third quarter these results could...

Did Mark Zuckerberg’s Meta Steal Another Company’s Name?

On Tuesday a VR company called Meta filed a lawsuit against Mark Zuckerberg's Meta, accusing it of trademark infringement. According to Business Insider, the company was founded in 2010 as MetaX LCC, applied for its trademark in 2016, and was...

Meta Builds AI Model that Translates Across 55 African Languages

On Wednesday Meta, the giant tech company formerly known as Facebook announced that it has built and open-sourced ‘No Language Left Behind’ NLLB-200, a single AI model that is the first to translate across 200 different languages, including 55...

Mark Zuckerberg Officially Launches Meta Pay

On Wednesday Mark Zuckerberg officially launched Meta Pay, a digital wallet for the metaverse. Zuckerberg said Meta Pay is exactly the same way Facebook Pay was, with improvements here and there to fit the idea of the metaverse. "It'll stay the...

Meta to Ditch the “FB” Stock Ticker

Meta, the parent company of Instagram, Facebook and WhatsApp, announced on Tuesday that it is changing its ticker symbol from "FB" to "META" prior to the market opening on 9  June 2022. The company founded by Mark Zuckerberg rebranded from...

Mark Zuckerberg Says the Metaverse will Come Costly

Mark Zuckerberg told shareholders on Wednesday that the metaverse project will bleed a lot of money and that some products will not be ready for 15 years. According to Business Insider, the Meta CEO told shareholders that he spent $10-billion...

WhatsApp is Dropping Support for these Apple iPhone Devices

WhatsApp plans to drop support for certain Android and iOS phones on 24 October 2022. The messaging platform usually does this when it wants to introduce functionality on the app that may not work on older phone versions. This time...

Former Kenyan Content Moderator Sues Facebook Over Alleged Poor Working Conditions

A former content moderator filed a lawsuit on Tuesday over alleged poor working conditions for contracted content moderators in Kenya. According to Business Daily, the petition, also filed against Meta's local outsourcing company Sama, alleges that workers moderating Facebook posts...

WhatsApp Rolls Out Emoji Reactions

On Thursday, Meta announced the rollout of emoji reactions on WhatsApp. The company announced last month that the feature along with other features like increased file size would be coming soon. WhatsApp users will now be able to react to...

Facebook to Stop Hiring New Employees

Facebook, the Meta-owned social media platform, announced that it is pausing on hiring, according to an internal memo that was first seen by the Business Insider on Wednesday. According to Business Insider, CFO David Wehner said that this implementation is...
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Global Strategic Alliance to Deliver Comprehensive Cyber Resiliency

Kyndryl and Veeam Software have established a strategic alliance aimed at delivering resilient services to customers globally. This partnership integrates...
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