Meta to lay off 5% of employees in efficiency drive
US media reports said tech giant Meta plans to lay off 3,500 employees. CEO Mark Zuckerberg said underperformers will be fired to make space for new hires.…
Meta ends third-party fact checking on Facebook, Instagram
Meta CEO Mark Zuckerberg has announced the social networking giant will scrap fact-checking on Facebook and Instagram. The decision reverses Meta policies to stop misinformation, which US conservatives criticized over alleged censorship.…
Meta to drop fact-checking and switch to X-style “community notes”
Meta, the owner of Facebook and Instagram, abruptly announced it will get rid of independent fact checkers and replace them with a "community notes" system like the one used on X. CEO…
Why Meta shares user data with US Intelligence Agencies
Meta has been hit by the EU with a record fine of 1.2 billion Euros. The reason: Facebook transfers user data of EU citizens to US authorities. But the company also shares…
Meta removes several accounts involved in sextortion scams
Meta removes several accounts involved in sextortion scams, saying there's a group called Yahoo Boys, based in Nigeria and are targeting mostly men and setting up fake relationships and, in the process,…
EU charges Meta over violating competition rules
European antitrust regulators have charged Meta with violating the EU's competition law. Brussels has found Meta's new "pay or consent" advertising model in breach of the Digital Markets Act, which is designed…
Meta could soon let users cross-post Instagram Stories to WhatsApp
A top leaker has teased a new feature could be coming to Instagram Stories and WhatsApp.…
Meta beats expectations on revenue, profits but AI spending spooks investors
Meta announced a 27 percent jump in Q1 revenues but still saw shares tank after hours, amid fears over the social media giant's increased capital expenditure on AI infrastructure.…