Tag: Facebook

Here you will find all the articles with the tag: Facebook.

Meta intends to monetize Metaverse, and creators aren’t happy

Meta intends to monetize Metaverse, and creators aren’t happy

The Metaverse will likely be monetized; something creators do not like. Meta (previously called Facebook) recently announced its initial plans to enable content creators or digital creators to monetize Horizon Worlds – a potential Metaverse platform. Meta’s planned market share for various c... Read more

date4 months ago
Meta receives a new draft decision on its EU-U.S. data transfers

Meta receives a new draft decision on its EU-U.S. data transfers

"This is not a final decision," a spokesperson for the tech giant was quick to comment. Facebook has received a “revised” preliminary decision from its lead EU privacy regulator this week. The decision could have implications for its ability to continue to export user data to the US. This i... Read more

date6 months ago
Deal on EU tech rules possible by June

Deal on EU tech rules possible by June

The new legislation will have a sweeping impact on U.S. tech giants EU lawmakers and countries could reach a deal on proposed tech rules by the end of June, according to Reuters. The new laws would force online platforms to better police the internet. The agreement looks likely, despite differe... Read more

date6 months ago
Two EU ministers say they’ll be just fine without Facebook

Two EU ministers say they’ll be just fine without Facebook

Two ministers from Germany and France say that Meta's withdrawal from the European market will suit them just fine. The threat by Meta Platforms to quit Europe because of disputes over privacy rules met with aplomb by two top German and French politicians, according to a report in Bloomberg. ... Read more

date6 months ago
Meta (Facebook, Instagram) threatens to pull out of Europe

Meta (Facebook, Instagram) threatens to pull out of Europe

Meta, the parent company of Facebook, is threatening to blackout its social media platforms in Europe if the European Union continues to push EU-US data transfer measures. According to the social media giant, the processing of user data between countries is essential for service delivery and tar... Read more

date6 months ago
Meta shares collapse due to disastrous quarterly results

Meta shares collapse due to disastrous quarterly results

Facebook parent company Meta recently published its yearly results. Especially the profit in the fourth quarter was lower than expected. The expectations for the first quarter of this year are everything but optimistic. Meta shares plunged 23 percent in hours. Meta presented the quarterly and an... Read more

date7 months ago
European Commission approves Meta’s acquisition of Kustomer

European Commission approves Meta’s acquisition of Kustomer

The European Commission has approved Meta's acquisition of Kustomer. The decision was based on a lengthy investigation into the impact of the buyout. In late 2020, Meta (Facebook at the time) announced the acquisition of Kustomer. Meta hoped to acquire Kustomer for 1 billion dollars (828 million... Read more

date7 months ago
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