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Facebook cracked down 1.5 billion fake accounts, 1.4 billion spam content in Q3 2022 [REPORT]

Meta Platforms, Inc. (NASDAQ: META) recently released the "Community Standards Enforcement Report" for Q3 2022, revealing some jaw-dropping data about the necessary actions taken against content and accounts that violated the policies of Facebook and Instagram. It is important...

US digital ad spend Q3 2022: TikTok is the new hotspot for advertising by streaming brands

Brands are spending billions of dollars every quarter on advertising. According to the latest Sensor Tower report, the total US digital ad spending reached over $23 billion in Q3 2022, with over 5% quarter-over-quarter growth. Interestingly, social channels accounted...

Facebook layoffs 2022: Thousands of employees have the Sword of Damocles hanging over their heads

Amidst the fear of global meltdown, many companies have started executing the cost optimisation process to stay competitive and afloat. Getting rid of the employees on a bench or non-performing assets is the first step that most companies take....

Meta introduces 3D Avatars for Facebook, Instagram, and you must use it

Meta Platforms (NASDAQ: META), Facebook's parent company, has introduced virtual 3D avatars for Indian users. The avatars will be available to users on all three platforms of the company, including Facebook, Messenger, and Instagram. The interesting part is that...

Meta cracks down on harmful content in India: Removes over 23.6 million posts on Facebook and Instagram

Meta, Inc. (the parent of Facebook, Inc.) has been tracking the number of pieces of content (posts, photos, videos, or comments) on Facebook, Instagram, and WhatsApp and taking action when they violate the guidelines to combat misinformation. In February 2022, Meta,...

Facebook is locking users’ accounts for failing to turn on Facebook Protect

If you are an active and avid user of Facebook, pay attention to it without fail. Meta's Facebook has beefed up users' account security and wants users to fall in line. However, the sudden action from Facebook has left...

Is Meta a sinking ship: Market valuation declined by 50% in just 6 months

Turns out, despite Mark Zuckerberg burning tens of millions of dollars in rebranding activities a majority of people still struggle to recall Facebook when they hear the word Meta. In fact, the new name of Facebook appears to be...

Meta’s Mantra: Violate users’ privacy laws, earn billions, then pay millions to settle lawsuits

Meta's Facebook is slowly becoming a synonym to the word 'fine' as the tech giant keeps has been coughing up millions of dollars in fines or settlements at regular intervals; all due to the issues related to users' privacy...

Sizing Meta’s loss: More than the collective valuation of Indian startup unicorns

Investors have always been looking at Meta Platforms, Inc. (NASDAQ: FB) - now the owner of Facebook - as one of the powerful technology firms that stands out in a crowded tech world. Following last week's devastating financial report,...

Can Meta afford to pull Facebook and Instagram out from Europe?

Meta Platforms Inc. has once again threatened regulators about the possible move that would result in Facebook and Instagram slamming doors on users in Europe. And guess, what lies at the heart of this tussle with the regulators...
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Amazon Makes Historic Bet on AI: $4 Billion Fuels Anthropic’s Generative Engine

AI investments have skyrocketed in the last three years, with tech giants placing their bets on the transformative power...
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