Here you will find all the articles with the tag: Meta Platforms Inc..
Threads experienced meteoric growth just after the launch of the platform. Mark Zuckerberg, CEO of Meta of which Threads is part, assures investors that there will eventually be at least 1 billion users. Although the question is what that guarantee is worth, now that it appears that currently only ... Read more
9 months ago
IBM purchase of the venture-backed SaaS for Presto startup company further builds its open-source portfolio. Last week IBM announced that it had acquired Ahana, a startup SaaS company that offers managed and commercial versions of the Presto open-source distributed query engine. In buying Ahana,... Read more
1 year ago
The EC's data protection board has ordered the Irish regulator to make an order by the end of This week Reuters reported that European Union regulators have given Ireland's data regulator one month to issue an order on blocking Facebook's transatlantic data flows. Helen Dixon, Ireland's Data... Read more
1 year ago
Meta platforms elucidate its disagreement with EU telecom operators’ campaign to make tech giants pay more for network costs. Operators say that the expansion of the metaverse would put pressure on infrastructural capacity. Meta dismisses this argument as “nonsense.” Operators say Amazon, ... Read more
1 year ago
On Monday, Facebook temporarily kept at bay a collective lawsuit valued at up to 3 billion pounds following allegations that the social media company took advantage of its dominant position to make money from its users' data. The London tribunal listening to the case gave the claimants’ lawyer... Read more
1 year ago
The European Center for Digital Rights (noyb) claims the Irish authorities fined Meta only a fraction of what they should have. Noyb issued a letter to the Irish Data Protection Commission (DPC) this week sharply criticizing the privacy agency for "letting Meta off the hook". The non-profit is r... Read more
1 year ago
Meta Platforms, Facebook's parent company, has agreed to pay $725 million to settle a class-action lawsuit alleging the social media giant enabled third parties, notably Cambridge Analytica, to obtain users' data. The settlement agreement, revealed in a court filing late Thursday, would end a lo... Read more
1 year ago
India-based Bharti Airtel is collaborating with Meta and Saudi Telecom Company (STC) to connect India with one of the world's longest subsea cables. The project aims to strengthen India's telecommunications infrastructure through 2Africa, one of the world's longest underwater internet cables. ... Read more
1 year ago
Meta has responded to concerns of Germany's antitrust office by allowing customers to use virtual reality headsets without a Facebook account. The antitrust office has been keeping a close eye on Meta since May, when it declared the tech giant to be of "paramount significance for competition acr... Read more
1 year ago
The company seeks to burnish its sustainability bona fides. Facebook parent Meta is aiming to cut the volume of water used in its datacenters by operating servers at higher temperatures and lower humidity levels. Meta said the plan is part of its commitment to become 'water positive' by 2030. ... Read more
1 year ago
