Meta has reportedly demonstrated its upcoming text-based app to employees. The app was shown during an all-hands meeting Thursday (June 8) and was said to be “Meta’s response to Twitter,” The Wall Street Journal (WSJ) reported Friday (June 9). Meta did not immediately reply to PYMNTS’ request for comment....
Meta’s WhatsApp is taking a new approach to messaging. The company on Thursday (June 8) announced the debut of Channels, a new way to get updates from people and organizations that is itself part of a new “Updates” tab, separate from users’ chats from family, friends and...
Germany’s cartel office, the Bundeskartellamt, said Meta Platforms will give users more oversight of their accounts. “Meta has announced plans to introduce a new accounts center,” the regular said in a Wednesday (June 7) press release. “The accounts center will allow Meta’s customers for the first time to make...
Meta will remove news from Facebook and Instagram if it is forced to pay for it by a California bill. If the state’s Journalism Preservation Act passes, it would create a “slush fund” that would benefit big media companies and that Meta would refuse to...
Meta Platforms has reportedly commenced the last of a three-part series of job cuts. That’s according to a Wednesday (May 24) report by Reuters, citing a source familiar with the matter. The layoffs were part of a plan announced in March to eliminate 10,000 positions....
Meta Platforms has been fined a record $1.3 billion for violating Europe’s data privacy law. The fine, announced Monday (May 22) by the Irish Data Protection Commission (DPC), came after the regulator found that Meta violated Europe’s General Data Protection Regulation (GDPR) by failing to...
Meta is reportedly pursuing a partnership with augmented reality (AR) firm Magic Leap. According to a Saturday (May 20) report by the Financial Times citing unnamed sources, the tech giant is looking at ways Magic Leap could help it create mainstream AR products through intellectual property licensing and...
Meta is reportedly developing a text-based app that will work closely with Instagram. The new app, which will compete with Twitter, has been in the testing phase with celebrities and influencers for months and is being prepared for release as soon as June, Bloomberg reported Friday (May 19), citing unnamed...
Meta has reportedly added one team and divested itself of another. The tech giant added 10 people experienced in artificial intelligence (AI) networking technology, Reuters reported Friday (May 5). It also struck a deal to divest itself of business software provider Kustomer, which it acquired last year,...
