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Social media usage is all-time high in India: 83% of Internet users use mobile devices to access social media

Social media is now an integral part of our daily lives. Anyone who uses the internet these days also uses social media. The latest report by Comscore reveals that a whopping 97% of all Internet users in India accessed...

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

Meta Platforms, Inc. (NASDAQ: META) recently released "Community Standards Enforcement Report" for Q3 2022, which reveals 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...

Meta announces Q3 results and investors rush to dump the stock

Facebook parent company Meta Platforms Inc has forecast a sluggish holiday quarter and significantly higher loss from Metaverse investments for the year ahead. Consequently, the brutal stock market reacted against the share value of Meta which tanked 20 percent...

Apple App Store policy updated: Facebook, Instagram must pay 30% in-app purchase fee for promoted posts

The cold war between Apple and Meta seems to be far from over. Ever since Apple updated its iOS 14 privacy policy and introduced its App Tracking Transparency (ATT) feature on iPhones, Mark Zuckerberg, CEO - Meta (firmly known...

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....

WhatsApp: From near disaster to becoming Meta’s golden goose!

Meta, earlier Facebook (NASDAQ: META), generates 97% of revenue through ads, but its another most popular application WhatsApp which has over 2 billion users doesn’t contain ads. And, it is resulting in the potential loss of billions of dollars...

Facebook is bringing down the curtain on one of its biggest features

In its existence of nearly two decades, Facebook has many features to reap the most of billions of captive users on its platforms. Some of those features became extremely popular, but many failed to live up to the expectations...

After Apple, Tesla, Netflix, Amazon, now Meta starts laying off randomly chosen workers by an algorithm

Last week, Facebook laid off an estimated 60 contract workers who were left stunned by learning that they were selected randomly by an algorithm. While the move clearly shows that companies are now trusting in data-driven decisions more than...

Is Microsoft’s $70 Billion acquisition to crush the ‘Future Of Facebook (Meta)’ under cloud of uncertainty?

It's been more than 6 months since Microsoft officially declared war against what is being touted as the 'Future of Facebook (Meta)'. Microsoft acquisition of Activision Blizzard for a whopping $68.7 billion in January 2022 was the largest deal...
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Amazon is making shopping more enjoyable, launched a TikTok-style feed ‘Inspire’

Amazon.com, Inc. (NASDAQ: AMZN), the world's largest e-commerce player, keep making strategies to attract customers to its shopping platform....
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