Dive into the tech & future
US President Joe Biden has announced his support for tougher rules aimed at regulating Big Tech companies. He called on Congress to pass new rules to protect user data privacy and boost competition in the tech industry.“Pass bipartisan legislation to strengthen antitrust enforcement and prevent big online platforms from giving their own products an unfair … Read more
The world’s largest tech companies are promising across the board to spend less, new territory for an industry that thrives on perks. Already last year, Facebook parent Meta Platforms shut down its laundry service for staff, and in January of this year, Alphabet’s Google included more than 30 massage therapists in its first big round … Read more
The US Federal Trade Commission (FTC) said it will not appeal its loss in federal court in its fight to stop Meta Platforms from buying VR content maker Within Unlimited, but could still pursue the case with an internal FTC administrative law judge. Judge Edward Davila of the US District Court for the Northern District … Read more
A Kenyan court on Monday rejected a bid by Facebook’s parent company Meta to stop a case accusing it of exploitation and poor working conditions. The suit was filed by a former content moderator at Sama, a company contracted by Meta to review Facebook posts, and alleges that workers in Kenya were subjected to inhumane … Read more
Meta founder and CEO Mark Zuckerberg said that the Facebook-parent company will launch the next-generation consumer headset “later this year” and it will feature better mixed reality (MR) technology. The development comes as Meta announced that its Reality Labs division lost $13.7 billion on virtual reality (VR) and augmented reality (AR) in 2022.“Later this year, … Read more
A judge on Friday released a ruling denying the Federal Trade Commission’s request to stop Meta Platforms from buying virtual reality content maker Within Unlimited, rejecting the regulator’s concerns the deal would reduce competition in a new market. A December trial to decide if Meta could go forward with the relatively small deal was seen … Read more
India is among the top three nations contributing active users growth for Facebook as of December 31, 2022, social media major Meta said in a regulatory filing. The company has reported a 4 percent increase in worldwide daily active users (DAUs) to 2 billion on average during December 2022 from 1.93 billion during December 2021. … Read more
India is among the top three nations contributing active users growth for Facebook as of December 31, 2022, social media major Meta said in a regulatory filing. The company has reported a 4 per cent increase in worldwide daily active users (DAUs) to 2 billion on average during December 2022 from 1.93 billion during December … Read more
There was a time when Facebook dominated social media and had little to no serious competition. However, over the years, competition from platforms like TikTok and others have hurt the Zuckerberg-led company. During the past quarter, the company saw its revenue fall by more than 30%. However, it’s not all gloom for the social network … Read more
Facebook-parent Meta has said that it took down 34 million pieces of bad content in India in the month of December. Out of these roughly 34 million content pieces, over 22.54 million pieces of content are on Facebook and over 12.03 million pieces of content are on Instagram. Facebook received 764 reportsAs per the report, … Read more