Tighter content controls for teen safety Automatic placement in strict settings on Instagram and Facebook Response to concerns on mental health, legal pressures Meta Platforms is imposing stricter content controls on Instagram and Facebook for teenagers. Starting now, all teens will automatically be placed in the most restrictive settings, limiting their exposure to potentially sensitive … Read more
Meta Platforms will face a daily fine of 1 million crowns for privacy breaches in Norway. The fine resulted from Datatilsynet’s July 17 warning due to Meta’s inaction on identified privacy violations. Meta intends to secure EU user consent for targeted ads in line with privacy concerns. Norway’s data protection authority, Datatilsynet, will enforce a … Read more
Norway data protection authority, Datatilsynet, has declared that it will impose a daily fine of one million Norwegian crowns ($98,500) on Meta Platforms, the parent company of Facebook and Instagram, beginning August 14, due to privacy breaches. This decision follows Datatilsynet’s prior warning on July 17, where the company was given notice of potential penalties … Read more
The FTC filed a lawsuit against the Meta Platforms. The matter went to trial in December. The order would end on Tuesday. On Tuesday, the US Federal Trade Commission urged a judge to halt Meta Platforms Inc’s acquisition of virtual reality software developer Within Unlimited while the parties awaited the court’s ruling. The FTC filed … Read more
Ethiopia’s government and rebel groups have been at war since 2020. Meta Platforms must set aside almost $2 billion to compensate victims of violence incited on Facebook. Expand its moderation team in Nairobi. Meta Platforms is accused of allowing violent and nasty posts from Ethiopia to grow on Facebook, inflaming Ethiopia’s civil strife. This lawsuit … Read more
Cambridge Analytica was engaged in a Facebook data leak. Both corporations exploited 50 million Facebook profiles to help Trump win in 2016. Congress questioned Mark Zuckerberg on Facebook’s data leak and privacy practices. Meta Platforms, Inc. settled a major data privacy case in San Francisco. A court petition lists any costs that third parties, like … Read more
Facebook-owner Meta Platforms has cut plans to hire engineers by at least 30% this year. CEO Mark Zuckerberg warned employees to brace for a deep economic downturn. Social media company Meta is cutting costs and laying off staff in the face of slowing ad sales and user growth. Facebook-owner Meta Platforms Inc (META.O) has sliced … Read more
Facebook is launching a digital clothing store where users can purchase designer outfits for their avatar. Outfits will be priced between $2.99 and $8.99, much less than the real outfits by those designers. Prada’s Matinee ostrich leather bag, for example, sells for $10,700. Facebook proprietor Meta Platforms (META.O) is sending off a computerized clothing store … Read more
Cryptocurrencies prices have dropped sharply in recent weeks, with bitcoin hitting an 18-month low on Tuesday. FINRA has several dozen members that have been approved to trade digital asset securities. The regulator is also looking at whether it can do cross-market surveillance on various blockchains. The Financial Industry Regulatory Authority intends to expand its assets … Read more
Sheryl Sandberg will leave Meta Platforms as COO following 14 years organization’s second-most noteworthy leader, she helped incorporate Facebook into the online entertainment behemoth it is today. Sandberg will venture down as the organization’s No. 2 forerunner in the fall immediate reports with pioneer and CEO Mark Zuckerberg. More recently, Zuckerberg renamed the firm Meta … Read more
With the civilians shot in northern Ukraine by the Russian forces, Meta Platforms restricted hashtags for a brief time, company spokesperson Andy Stone confirmed on Monday. With the rising number of deaths in the small town of Bucha on the outskirts of Kyiv, there has been an increase in pledges of further sanctions against Moscow. … Read more
