TikTok penalised €345m by Irish DPC over handling of children data
According to the Irish regulator, the voluntary inquiry was initiated to assess TikTok's compliance with GDPR obligations concerning…
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Elon Musk to change Twitter’s blue bird logo and rebrand to X
24 Jul 23X.com was redirected to Twitter.com following The Tesla and SpaceX owner's tweet that the interim X logo will…
Meta introduces new social media app Threads to share text updates
06 Jul 23Users can start with Threads by using their existing Instagram account to log in and the Instagram username…
Meta Platforms Ireland fined €1.2bn over EU-US personal data transfers
23 May 23The regulator has proposed the social technology company to suspend any future transfer of personal data to the…
US FTC seeks to prohibit Meta from monetising minors’ data
04 May 23According to the agency, Meta misled parents about their ability to control who their children can communicate with…
Meta’s Q1 2023 net income decreases by 24% to $5.7bn
27 Apr 23During the reported quarter, Meta registered total revenue of $28.64bn, which is 3% higher compared to $27.9bn in…
Meta mulling to divest CRM software provider Kustomer
13 Mar 23Kustomer offers an omnichannel CRM platform which combines customer conversations from various channels into a single-screen view
UK tribunal temporarily blocks £3bn mass action against Meta
21 Feb 23The three-member bench of the tribunal has stayed the mass action for a period of six months to…
Meta to trial account verification badge on Instagram and Facebook
20 Feb 23Meta Verified will include a verified badge that authenticates users' accounts with government IDs, proactive account security, access…
Meta reports 55% drop in Q4 2022 net income to $4.6bn
02 Feb 23The US-based social technology company earned revenue of $32.16bn during the fourth quarter ended 31 December 2022, which…