Meta Faces Regulatory Anger in Australia for Scraping User Data
Australian senators questioned top Meta executives about allowing users to choose whether their data is collected. They were concerned about Meta’s use of public Facebook...
Tag : Meta Platforms
India Becomes the Largest Market for Meta AI usage, N.P. Increased by 73%
Meta released its A.I. chatbot in India in June. It’s the company’s largest market, with over a billion subscribers across its apps, such as Facebook,...
Meta AI Now Available in Seven New Languages including Hindi
Meta AI is now available in seven new languages, including Hindi and Hindi-Romanized Script. Users can now interact with Meta AI on WhatsApp, Instagram, Messenger,...
EU Plans To Charge Meta Over the ‘Pay or Consent’ as per FT Report
The parent company of Facebook, Meta, is under scrutiny by the European Union (EU) for allegedly violating the EU’s new digital regulations with its ‘pay...
Apple’s Shares slip after mixed Results, While Amazon and Meta Surge on Robust Numbers
Apple, Amazon and Meta, three of the biggest tech companies, reported their quarterly earnings for the December 2023 fiscal quarter. While shares of Amazon and...
New Zealand Plans Law Requiring Facebook and Google to Pay for News
The New Zealand government said it would introduce a law requiring big tech companies such as Alphabet Inc’s Google and Meta Platforms Inc to pay...
Meta Platforms Confirming Cost Cuts to be a Key Catalyst, Morgan Stanley Says
The Wall Street Journal has reported that Meta Platforms (NASDAQ: META) may cut costs by 10 cents or more over the next few months. The...
Wall Street to Fall on Aggressive Rate Hike Worries
On Monday, Wall Street’s main indexes were set for a lower opening, extending declines for a third straight day as investors worried that another massive...
Meta Reaches $37.5 Million Settlement of Facebook Location Tracking Lawsuit
Meta Platforms Inc settled a $37.5 million lawsuit alleging Facebook‘s parent company violated user privacy by tracking users’ movements through smartphones without permission. A preliminary...
PayPal Boosts Optimism, Nasdaq Closes at Three-Month High
Wall Street closed sharply higher on Wednesday, helping the Nasdaq to its highest level since early May, as strong earnings forecasts from PayPal and CVS...