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."
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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.
17 Dec 2021
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.
25 Dec 2021
2021 brought big changes to households and businesses around the world. In the last show of the season, Stephen Carroll and Kate Moody take a look at some of the biggest business and economic stories of the year and how they might evolve in 2022.
Nicaraguan President Daniel Ortega is poised to win a fourth consecutive term in Sunday's presidential elections. But there's mounting pressure from the US and the EU who are using economic sanctions to promote change.
China will have 6.5 million more affordable rental housing units during the 14th Five-Year Plan period (2021-2025), an official of the Ministry of Housing and Urban-Rural Development said on Tuesday.
Marie-Hélène Poisson is the only craftswoman to be entirely dedicated to Boulle work. This French technique, invented at the end of the 17th century, consists of inlaying antique furniture with decoration made of brass or tortoiseshell. Marie-Hélène learned the trade from her father and is now passing it on to her daughter. The future of Boulle inlay is safe in their hands. FRANCE 24 takes you to the town of Vendôme, in France's Loir-et-Cher region, for a closer look at this special craft.
For the first time since inception in 2004, Facebook lost about 5 lakh users on a daily basis during Oct-Dec 2021. That saw the shares of its parent company, Meta, plunge 20 percent on the exchanges, wiping off $200 bn in market capitalisation.
We take a look at the business of this year's Winter Olympics. A report suggests the true cost is 10 times more than the official $3.9 billion price tag, but Beijing is banking on other benefits. Also, Amazon reports another strong sales quarter, with its advertising business playing an increasingly significant role.
8 hours ago
It's the biggest legal consequence so far in the wake of the January 6 insurrection. Stewart Rhodes, who heads the Oath Keepers militia, has been found guilty of seeking to keep Donald Trump in power by carrying out a mob attack on the US Capitol. A conviction on sedition is very rare and carries a maximum penalty of 20 years in jail. We take a closer look.
8 hours ago
A court in Mozambique on Wednesday (November 30) started delivering its judgement in a case involving 19 people accused of various crimes for their alleged roles in the disappearance of hundreds of millions of dollars in government-backed loans.
8 hours ago
French President Emmanuel Macron's state visit to the US is bringing simmering EU-US tensions over economic policy to the boil. At the heart of European criticisms are multi-billion-dollar economic support packages that could be perceived as giving the US an unfair advantage. Also in the show, the US Congress is heeding Joe Biden's call to do whatever it takes to avert a costly railroad shutdown. Plus, French butchers take to the streets to protest the rise in energy prices.
9 hours ago
On Thursday, Stephanie Frappart will become the first female referee to officiate a men's World Cup match when she takes charge of Costa Rica vs. Germany. One of her assistants, Neuza Back, has worked in Qatar before.
9 hours ago
The Spanish government wants the use of gender stereotypes for the advertising of toys a thing of the past. The code of conduct, which will be enacted from December 1, aims to avoid biases toward gender roles.
9 hours ago
Fifty-Five years after innocent Asaba indigenes were callously massacred in the fratricidal Nigerian Civil War, the first major show on this tragic contour opens today at Red Door Gallery, on Bishop Oluwole Street, Victoria Island, Lagos. The show ends on December 7, 2022.