A funny thing happened on the way to Meta’s Q2 earnings call. As it has for many tech companies during this earnings season, discussion of actual financial results took a back seat to discussions about spending on artificial intelligence (AI). With this in mind, Meta...
Meta said it is expanding its business subscription program to users in India. The tech giant last year introduced Meta Verified for businesses on Facebook and Instagram, and recently began offering subscriptions for businesses on WhatsApp. “The expanded Meta Verified business offering on Facebook and Instagram includes the verified badge...
A Nigerian regulator has fined Meta $220 million, saying the privacy policy of the company’s WhatsApp violated the country’s data and privacy laws. The Federal Competition and Consumer Protection Commission (FCCPC) said in a Friday (July 19) press release that the company violated the Federal...
About a year after its launch, Threads has topped 175 million monthly active users. “Threads now has more than 175M monthly actives. What a year,” Meta Founder, Chairman and CEO Mark Zuckerberg said in a Wednesday (July 3) post on the text-based social media platform....
Meta Platforms is reportedly continuing its headcount reductions by looking to cut down on the number of vice president positions. The company aims to reduce the number of vice president positions from the 300 it had last year to about 250, Seeking Alpha reported Wednesday...
Meta Platforms, the parent company of Facebook, is planning to introduce free artificial intelligence (AI) chatbots on WhatsApp as part of its strategy to monetize messaging apps. This move represents CEO Mark Zuckerberg’s efforts to incorporate AI into Meta’s apps and generate revenue. Unlike its...
Meta Platforms says young adults are flocking to Facebook. “Facebook is still for everyone, but in order to build for the next generation of social media consumers, we’ve made significant changes with young adults in mind,” the social media giant wrote in a blog post...
Meta CEO Mark Zuckerberg has created a product advisory council to provide guidance on the company’s artificial intelligence (AI) and technology efforts. The new Meta Advisory Group will meet periodically with Meta’s management team, Bloomberg reported Wednesday (May 22). The group will be composed of four executives: Patrick Collison, CEO and...
Threads is testing “pinned columns” on its web application. Mark Zuckerberg, founder, chairman and CEO of Meta, which owns the text-based social media app, announced the test in a Thursday (May 16) post on Threads. This feature is currently available only to members of a...
