META
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Snapchat seeks path to profit without losing its way
Snapchat parent Snap on April 19 unveiled new tactics including the increased use of artificial intelligence in its struggle to expand beyond the app's loyal user base and reach profitability.
Louisville bank employee livestreamed attack that killed 5
A Louisville bank employee armed with a rifle opened fire at his workplace Monday morning, killing five people — including a close friend of Kentucky's governor — while livestreaming the attack on Instagram, authorities said.
PM should be held accountable for wiretap scandal, Tsipras says
Prime Minister Kyriakos Mitsotakis should be held accountable for the alleged wiretapping of senior officials by the state intelligence service (EYP), leftist SYRIZA opposition chief Alexis Tsipras reiterated on Monday.
Meta axes another 10,000 jobs in new round of cuts
Facebook owner Meta announced a fresh wave of job cuts on March 14, part of what CEO Mark Zuckerberg called the company's "year of efficiency" as the U.S. tech sector continues to downsize.
In an email to employees, Zuckerberg said Meta would shed 10,000 jobs over the next few months, targeting middle management, and that 5,000 other roles would remain unfilled.
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Meta reports fall in sales, but beats expectations
Facebook and Instagram owner Meta on Feb. 1 reported its first annual sales drop since the company went public in 2012, but the fall was less brutal than expected, sending its share price soaring.
The social media giant said sales dropped one percent to $116.6 billion in 2022, while it also announced that the number of daily users on Facebook hit two billion for the first time.
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Meta to reinstate the Accounts of Donald Trump on Facebook and Instagram
The Facebook and Instagram accounts of former US President Donald Trump will be reinstated by Meta after a ban of two years, according to New York Times.
Trump is back
The decision comes two years after his account was suspended from those social networks following the 2021 attack on the U.S. Capitol, company officials said.
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AMBER Alert launched in Slovenia to help find missing children
Roughly 500 people are reported missing in Slovenia each year, about 30% of them are minors. Finding them will now be made easier with the help an alert system launched by the US tech giant Meta in cooperation with the Slovenian police. Slovenia is only the 30th country in the world to use the AMBER Alert tool.
Meta’s revenue, profit decline amid ad slump
Facebook parent Meta has reported that its revenue declined for a second consecutive quarter, hurt by falling advertising sales as it faces competition from TikTok's wildly popular video app.
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Russia adds Facebook owner Meta on list of terrorist and extremist group
The decision means that all services provided by Meta, including WhatsApp and Instagram, are set to be cut off in the country