Meta is looking to cut costs by almost 10 per cent by the end of 2022, Wall Street Journal reported on Wednesday. According to the report, the company is expected to announce job cuts – but it will be carried out in the form of internal department reorganisation rather than formal firings.

Meta looking to cut costs by 10 per cent over next few months, plans internal rejig

Facebook co-founder Mark Zuckerberg's wealth has dropped by a whopping $71 billion this year. The Meta CEO now ranks 20th among global billionaires, the lowest spot since 2014. Priyanka Sharma tells you the reason behind this wealth wipeout.

WION Fineprint | Zuckerberg's $71 Billion Wealth Wipeout Puts Focus On Meta Struggle

The move to rebrand Facebook into Meta and the focus on Metaverse has not worked out well for Mark Zuckerberg in the short run as his net worth dropped by a massive $71 billion in 2022, according to the Bloomberg Billionaires Index.

Mark Zuckerberg's net worth falls by $71 billion in last 12 months

A US appeals court on Friday upheld a Texas law that bars large social media companies from banning or censoring users based on "viewpoint," a setback for technology industry groups that say the measure would turn platforms into bastions of dangerous content.

US appeals court rejects big tech's right to regulate online speech

From Virat Kohli to Yuvraj Singh: Indian cricketers who rule social media

Nearly a year after announcing its new ad policy, Apple may be bridging the gap between itself and Google and Facebook in the digital ads market, according to a recent study published by Appsumer, an advertising analytics firm.

Apple might have broken Google and Facebook's duopoly in the advertising market

Unable to compete in the gaming streaming market, Facebook on Tuesday announced that it will be shutting down its gaming app. Reportedly, the app which let users watch and play video games on-demand was launched two years ago amid much fanfare.

Facebook to shut down its game streaming app after failing to ace the market

Facebook has finally agreed to settle a data privacy lawsuit. The lawsuit is related to Facebook letting third parties including Cambridge Analytica access the private data of its users.

Lawsuit: Facebook violated consumer privacy laws, agrees to settle

Zuckerberg has admitted that Facebook algorithmically censored the Hunter Biden laptop story for a week. He said they did censor the story on Facebook decreasing its reach on a general request from the FBI to restrict election misinformation.

Zuckerberg admits limiting Hunter Biden's laptop story

Social media users were left puzzled on Wednesday as some of them noticed that the Edit feature on Facebook posts was missing. Several screenshots shared on Twitter showed that the users were unable to edit their Facebook posts anymore and they were quick to react to the development.

Facebook edit button goes missing for some users, causes social media storm

Few Facebook users have complained that the edit button seems to have disappeared from the application. Disgruntled users of the platform promptly switched apps and expressed their frustration on Twitter.

Facebook's edit button goes missing, users left disgruntled

We keep warning you about online scams. In this video, we alert you about frauds that could rob you of your hard-earned money and trick you into sharing personal data. What's more worrisome is that all of it is happening on apps that we use on a daily basis. Watch this report and find out how you can protect yourself & your data in the digital world.

Tech It Out: Watch out for online scams on Facebook, WhatsApp, and Instagram

By sharing messages involved in a case of teenage abortion in Nebraska, Facebook has sparked outrage and raised concerns by cooperating with US police, implying that it could be used to restrict access to the medical procedures.

Facebook’s cooperation with US police in teen abortion case raises ‘new concerns’

North Korea’s supreme leader, Kim Jong Un, has officially declared a victory over the coronavirus and ordered the lifting of the country’s anti-epidemic measures.

Morning news brief: Kim Jong Un declares victory against Covid, Biden claims zero inflation in July & more

A new report by news agency Reuters has revealed that Google has opposed a proposal about developing a self-regulatory body for the social media sector in India to hear user complaints.

Google expresses grave reservations about developing self-regulatory body for social media in India: Report

OnlyFans, an online subscription platform known for adult content has come under the scanner for bribing Meta (more colloquially known as Facebook) employees to put adult stars of rival platforms on a terror watchlist, according to an explosive lawsuit filed in a US court.

OnlyFans bribed Meta employees to put rival creators on terror watchlist

Meta, more colloquially known as Facebook has been served a seven-day ultimatum by the Kenyan government to tackle hate speech and incitement on its platform. Failing to do so will lead to the suspension of its operations in the African country.

Meta served a seven-day ultimatum by Kenya. Could be suspended if it fails to act

Two of the most popular social media firms Meta and Twitter, both of the companies are struggling with handling competition. Meta reported a 36% drop in quarterly profit.

Tech Talk: What's wrong with Facebook-owner Meta? | Is Meta in panic mode?

Facebook and Instagram’s parent company, Meta, reported second-quarter sales of $28.8 billion, which was in line with expectations of $28 to $30 billion but represented a 1 per cent decline in revenue year on year.

‘We seem to have entered economic downturn:’ Meta chief Mark Zuckerberg as revenues decline

Mark Zuckerberg, the CEO of Meta formerly known as Facebook will join other tech executives facing hours of depositions over the Cambridge Analytica scandal. The depositions are part of a lawsuit filed by users who claim they were impacted by Facebook's partnership with Cambridge Analytica, a UK-based consulting firm that's accused of manipulating user data.

Cambridge Analytica scandal rocks Facebook's reputation | Facebook accused of manipulating user data

As per recent court documents, Mark Zuckerberg, CEO of Facebook parent firm Meta, will take a six-hour deposition about Meta’s handling of user data in relation to the Cambridge Analytica crisis.

Mark Zuckerberg to face six-hour deposition over Cambridge Analytica scandal

The Government of India is expected to soon take a call and make the big tech Silicon Valley companies such as Google (owns YouTube), Meta (owns Facebook, WhatsApp, Instagram), Twitter and Amazon pay the local Indian publishers as well as digital publishers', a share of the revenue for the original content churned by them.

Government of India to make Silicon Valley tech giants pay for content to news publishers

Meta, more colloquially known as Facebook is looking for avenues to generate new user numbers. In a related attempt, the social media platform is testing a feature that will allow individuals to create multiple profiles from a single account.

Facebook to allow upto five accounts on a single profile; Zuckerberg attempts to drum up user numbers

An ex-employee of Facebook has made an explosive revelation: Staff members at the social media network have access to users' erased data. As per PetaPixel, the whistleblower claims that he was fired for raising concerns about a new company protocol that allows staff to not only access deleted user data but also share it with law enforcement.

Meta ex-employee makes explosive revelation, Facebook can read your messages even after deletion

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