Facebook running out of users, elevation’s McNamee says
By Abiodun Ogundairo
27 July 2018 | 9:00 am
Roger McNamee, managing partner at Elevation Partners, discusses the outlook for Facebook following its disappointing second-quarter earnings report with Bloomberg's Emily Chang on "Bloomberg Markets."
In this article
25 Oct 2021
An investigation suggests that Facebook has selectively chosen what hate speech it wants to shut down in India. Whistleblower Frances Haugen's disclosures come as she is set to appear before British lawmakers.
27 Oct 2021
Report: Africa to see less funding for fossil fuels - Nigeria introduces eNaira digital currency - Solar powered vehicles made in Germany?
26 Oct 2021
Facebook reported an annual 17 per cent jump in third-quarter net profit, driven by an increase in daily active users and strong advertising sales despite the platform facing multiple controversies that have led to calls for tighter regulation.
27 Oct 2021
Benefitting from soaring demand for online ads, Google's parent company Alphabet reported nearly $19 billion in profits between July and September, up 68 percent from the same period last year. Microsoft's earnings also beat expectations, while French consumers are gearing up for some price hikes at the bakery.
27 Oct 2021
European Competition Commissioner Margrethe Vestager told DW in an interview that legal action against the tech giant could be endless, but regulation now could limit its damage.
28 Oct 2021
Facebook began this week by announcing more than $9 billion in quarterly profits, an increase of about 17 percent. The social media giant also announced that it now has close to three billion users. But all is not well on the Facebook front as Mark Zuckerberg’s platform has been facing a deluge of scathing reports.
29 Oct 2021
Facebook has changed its name to "Meta" in a shift away from social media and towards developing "the metaverse," a digital world that could be the next generation of the internet. Here's what they have planned.
2 Nov 2021
Frances Haugen said her former boss, Mark Zuckerberg, should step down and allow change instead of devoting resources to build the so-called "metaverse."
8 Nov 2021
Bar owner Mohamed Lamin Mansaray told everyone to run away from his bar just before a fuel tanker exploded following a traffic collision, killing at least 99 people and injuring hundreds more on Friday (November 5) in Sierra Leone. The explosion destroyed Mansaray's business killing a staff member and destroying his home, which he had built for himself and his 10 family members. "We are getting into festive season....I have just purchased a brand new musical set, lots of drinks from the Sierra Leone brewery and chairs that worth about Le 270,000,000 (24,700 USD). Property that I have lost and one of my staff died”, said Mansaray while pointing at what is left of his business.
13 Nov 2021
Frances Haugen called on lawmakers in Brussels to seize the opportunity to create a "global gold standard" as they draft oversight regulation for tech giants.
17 Nov 2021
Facebook became Meta Platforms on October 28 and subsequently announced its grand plans for bringing the virtual and physical worlds together in the metaverse. Since then, tech and entertainment giants have been jumping on the bandwagon and staking their own claims as builders of a new reality. But what exactly is the metaverse and what are the risks associated with it? Peter O'Brien takes a closer look in this week's Tech 24, the first in a new live format.
Many Facebook groups based in Mali and Nigeria began sharing a video of a helicopter on December 9, claiming it showed an aircraft delivering weapons to terrorists. In Mali, the posts often accused the French government of operating the helicopter, while posts coming from Nigeria laid the blame on the Nigerian government. In reality, the video is from neither one of these countries – it was filmed in the Central African Republic during a routine supply drop.
1 hour ago
World number one Novak Djokovic claimed his first title in over six months after beating Stefanos Tsitsipas 6-0 7-6(5) to win the Italian Open on Sunday. Djokovic did not drop a set en route to the final in Rome, having picked up his 1,000th tour-level victory by beating Casper Ruud in the semi-final to book a clash with Tsitsipas - a repeat of last year's French Open final, which the Serb won.
1 hour ago
New data shows China's economy cooled sharply in April, as many cities including Shanghai suffered Covid-19 lockdowns. Industrial output dropped nearly 3 percent compared to a year before, while retail sales slumped 11 percent. Meanwhile, global wheat prices jump after India announces a ban on exporting the grain due to damage from a heatwave. Finally, we see how tourists are returning to Barcelona. The development is good news for local businesses but could revive tensions over mass tourism.
A Russian war journalist's coverage borders on disinformation, and a video reveals abuse by the Koglweogo
1 hour ago
A weekly news show produced with photos, videos and personal accounts from FRANCE 24 Observers around the world – all checked by our staff here in Paris.
2 hours ago
Decision makers from politics, business and civil society have gathered in Berlin to discuss new ways for Europe and Africa to cooperate on issues from the COVID pandemic to the war in Ukraine.
2 hours ago
Since the war in Ukraine began, Germany’s controversial links to Russia have been in the spotlight. DW's Conflict Zone host Tim Sebastian talks about these ties with Ralf Stegner, a member of the German Parliament for the Social Democrats.
3 hours ago
Former Somali leader Hassan Sheikh Mohamud won the presidency again on Sunday in a vote by parliamentarians behind blast walls in an airport hangar as a popular election remains impossible in the conflict-wracked nation.