Meta: Facebook and Instagram owner plans to charge European users October 3, 2023 Meta, the parent company of Instagram and Facebook, is reportedly planning to charge European users up to $17 (£14) per month for an ad-free subscription tier. The Silicon Valley powerhouse could offer ad-free Instagram and Facebook for paying subscribers while users wishing to hang onto free access must agree to targeted ads based on their [...]
Bluesky: After Mastodon and Threads, the latest challenger to X hits a million users on day one, but can it survive? February 8, 2024 Bluesky, a new rival to Elon Musk's X platform, has seen over one million new users since it opened yesterday.
Facebook UK secured £1bn revenue boost last year October 15, 2023 Facebook, a subsidiary of social media giant Meta, received a £1 billion leap in revenues last year
Meta faces European complaints over ‘gargantuan’ data collection February 29, 2024 Consumer groups have criticised Meta's ad-free offerings, which they say leaves users with an “unfair ‘pay-or-consent’ choice” in the face of mass data collection.
Threads: Five million join new Meta app in matter of hours July 6, 2023 A new app billed as a rival to Twitter has seen more than five million people sign up in its first few hours. Threads, created by Facebook and Instagram owners Meta, went live in the UK at midnight on Thursday. Linked to Instagram, it allows users to post up to 500 characters of text and [...]
Meta sells Giphy to Shutterstock to comply with UK regulator order May 23, 2023 Shutterstock said today it would buy animated-images platform Giphy from Meta for $53m in cash, months after the Facebook owner had agreed to divest the company on competition concerns. Britain’s competition regulator last year ordered Meta to sell Giphy over fears that it could deny or limit competitors such as Snapchat and Twitter access to the target’s content. Meta had [...]
Meta president Nick Clegg says AI can’t be kept in the ‘clammy hands’ of Big Tech April 9, 2024 During a Meta event, Nick Clegg also revealed that Llama 3, Meta's newest large language model (LLM), will be released within a month.
Meta under fire may face £10m fine from EU December 20, 2022 Meta, Facebook’s parent company has been accused of flouting competition rules by an EU commission. If the charges are proven, they may face a penalty of up to £10m. Meta is likely in breach of the European Union’s anti-trust regulations. The EU’s preliminary review has found that Meta has tied access to the social media [...]
Meta urged to press paws on pet fraud as dog ads drive Facebook scam surge July 3, 2023 Fraudsters on Meta-owned platforms are increasingly taking advantage of British animal lovers, new data shows. According to research from Lloyds, pet scams were up 24 per cent compared to last year with the average victim losing £307. Dogs were the most common pet used to scam unsuspecting Brits out of their money with Yorkshire Terriers [...]
Why tech giants are still betting big on the metaverse December 5, 2023 When Mark Zuckerberg went all in with the metaverse, the idea had a bumpy start. But now Apple is investing equipment for our alternate reality, writes Sondre Kvam