Following a data breach involving hundreds of millions of users’ personal details, Facebook parent company Meta has been assessed a €265 million fine by the Irish Data Protection Commission. The DPC opened an investigation after hundreds of millions of Facebook users’ names, phone numbers, and email addresses were made public in an online hacking forum … Read more
The company that runs Facebook, Instagram, and WhatsApp, Meta, is getting ready to massively reduce its workforce, making it the third major tech company in recent weeks to do so after Twitter and Stripe. Numerous thousands of employees are anticipated to be impacted by the cuts, according to a Sunday Wall Street Journal report. As … Read more
Russia has blocked access to Facebook for its 146 million citizens amid the Ukraine invasion, a state regulator has said. The country’s communications watchdog, Roskomnadzor, said the social media platform was blocked on day nine of the war due to “cases of discrimination against Russian media”. It comes a week after Russia limited access to … Read more
Facebook’s profit in three months to September recorded $9 billion (€7.7 billion) despite the emergence of controversies related to safety and privacy. The company is facing scrutiny over its policies in the US and many countries and whistle-blowers have come forward against the company alleging Facebook encourage extremism and act against communal safety. But the … Read more
UK’s Competition and Markets Authority (CMA) has fined Facebook a mammoth £50.5 million (€60 million approx.) for breaching an order imposed during an investigation about the company’s purchase of GIF platform Giphy. Facebook had deliberately failed to comply with this order, and the penalty served as a warning that no company was above the law- … Read more
Popular social media platform Facebook is planning for a name change which will bring it to the groups of platforms managed by the parental company Facebook Inc. says report. According to the report by the US technology blog Verge, the new brand name will be announced by CEO Mark Zuckerberg at the company’s annual Connect … Read more