Meta is reportedly building a planet-spanning undersea fiber optic cable network to support its internet infrastructure. The 24,000-mile network, costing an estimated $10 billion, was reported Friday (Nov. 29) by TechCrunch, citing sources close to the company. The report said Meta has a great need...
A Federal Trade Commission (FTC) lawsuit that aims to unwind Meta’s acquisitions of Instagram and WhatsApp is set to go to trial on April 14. Judge James Boasburg announced the trial date Monday (Nov. 25), Reuters reported. The FTC sued Meta in 2020, alleging that Meta, which was then known...
A judge reportedly ruled Wednesday (Nov. 13) that a Federal Trade Commission (FTC) lawsuit against Meta can go to trial, largely denying the company’s motion to have the case dismissed. The FTC filed the suit in 2020, seeking the breakup of Meta and alleging that the company bought Instagram and WhatsApp in...
Digital bank PicPay is offering access to Brazil’s Pix instant payment system via WhatsApp. The new artificial intelligence (AI)-powered offering, announced Monday (Nov. 11), is made possible by PicPay’s partnerships with WhatsApp owner Meta and Microsoft. “Unlike traditional chatbot assistants, PicPay’s GenAI, developed in-house and powered by Microsoft...
July 13, 2023
Is the social media landscape too crowded? The winners of today’s attention economy don’t seem to think so. That’s why Meta, the parent company of social behemoth Facebook, last week (July 5) launched Threads — a Twitter competitor that was built by Meta’s Instagram product team. “We don’t have social media, we have social medias,” […]
October 06, 2022
Apps dabbling in everything from retail to romance are charging for more features as way to generate new revenue streams from legions of “freemium” or unpaid users. While the freemium...
May 10, 2021
After nearly a full year of waiting, WhatsApp payments have been cleared by Brazil’s central bank to go live, enabling peer-to-peer (P2P) payments capabilities for its 120 million Brazilian users, 86...
July 27, 2020
That a market is massive and emerging as a target for digitization, does not necessary mean it will be an easy target to pursue — a lesson learned the hard...
December 10, 2024
Meta has launched a pre-holiday anti-scam awareness campaign to keep users safe. “Scammers are persistent and try to trick people in a variety of ways — malicious texts and emails, websites impersonating known brands, posts on social media, visual discovery platforms and discussion forums, and more,” the tech giant wrote on its blog Tuesday (Dec. […]
December 01, 2024
Meta is reportedly building a planet-spanning undersea fiber optic cable network to support its internet infrastructure. The 24,000-mile network, costing an estimated $10 billion, was reported Friday (Nov. 29) by...
November 25, 2024
A Federal Trade Commission (FTC) lawsuit that aims to unwind Meta’s acquisitions of Instagram and WhatsApp is set to go to trial on April 14. Judge James Boasburg announced the trial date Monday (Nov....
November 13, 2024
A judge reportedly ruled Wednesday (Nov. 13) that a Federal Trade Commission (FTC) lawsuit against Meta can go to trial, largely denying the company’s motion to have the case dismissed. The FTC filed the suit...
