Financial watchdog chief calls on Meta to up its game with blocking investment fraud April 7, 2022 The head of the UK’s financial regulator has called on Facebook to take action against investment scams. Writing in The Telegraph, Nikhil Rathi, head of the Financial Conduct Authority (FCA), said Facebook’s parent company Meta needed to do more to tackle fraudsters targeting vulnerable people online. It comes as the Online Safety Bill progresses through [...]
Meta shares plummet as Wall Street tech bubble begins to burst February 3, 2022 Meta, the parent company of social media platforms Facebook and Instagram, said this evening it was expecting current-quarter revenue below Wall Street expectations, as Apple privacy features keeps businesses from opting to advertise on social media sites.
Meta takes on UK watchdog in £249m competition row over Giphy tie-up April 26, 2022 Facebook's parent firm Meta has started the appeal process against the UK's decision to block its tie-up with Giphy for $315m (£249m).
Meta funds anti-TikTok campaign as Chinese tech firm threatens popularity March 31, 2022 TikTok has said it is “deeply concerned” by reports that Facebook’s parent company Meta paid for a campaign to promote negative coverage of the Chinese tech platform. As first reported by The Washington Post, Meta hired a “right of center” marketing firm Targeted Victory to lead a campaign about its biggest rival. This included placing [...]
Hackers tricked Meta into handing over user data after forging emergency requests March 31, 2022 Hackers pretending to be police officers tricked Meta into handing over user data after filing fake “emergency data requests”. The Facebook owner gave user information – including phone numbers and physical addresses – over to hackers, after they filed the falsified requests while pretending to be law enforcement officers, sources told AFP. The hackers were [...]
Moscow court labels Meta ‘extremist organisation’ whilst WhatsApp dodges ban March 21, 2022 A Moscow court has labelled Meta an "extremist organisation", although said the decision would not apply to WhatsApp.
Whistleblower Frances Haugen: Don’t let Facebook tell us how to solve the Meta problem May 20, 2022 Facebook whistleblower Frances Haugen said governments across the world have become "dependent on Facebook telling them how to solve Facebook's problems", leading to a lack of focus on actually achieving true transparency in legislation.
Meta creative production: WPP’s Hogarth launches 700 strong metaverse team February 23, 2022 Hogarth, WPP’s specialist global creative content production company, has announced it will be launching The Metaverse Foundry, a global team of over 700 to deliver brand experiences for clients in the metaverse from design to execution. The Foundry will be available to all WPP’s clients and agencies globally, bringing together metaverse production and virtual art. [...]
Meta exec: Interacting in (not on) the internet will transform our society November 10, 2021 There’s a poster on the wall of our offices which asks the question “What would you do if you weren’t afraid?” It’s a brilliant question which encourages us to think bravely and confidently about the future. Last month, Mark Zuckerberg took to the stage virtually at Facebook’s annual conference to answer that question. He unveiled [...]
Meta appeals against UK watchdog ruling that it must sell Giphy December 23, 2021 Facebook's parent company Meta is appealing against a decision by the UK's competition watchdog ordering it to sell Giphy.