Facebook and ‘major platforms’ still causing headaches for Mirror publisher Reach May 2, 2024 Reach has been hit by Meta's ranking of user-generated content above news on its social media sites, including Facebook.
Facebook whistleblower Frances Haugen talks Meta, Musk and online safety May 25, 2022 City A.M. chats with Facebook whistleblower Frances Haugen about Meta, Musk and the future of online safety.
Win for Facebook: Judge orders UK competition watchdog to revisit Meta Giphy sale July 18, 2022 Judges have called on the UK competition watchdog to revisit its ruling on the Competition and Markets Authority's (CMA) ruling that Meta should sell Giphy.
Clegg banks £10m bonus following Meta promotion March 17, 2022 Sir Nick Clegg bags a £10m bonus after taking Meta top spot as the president of global affairs alongside Mark Zuckerberg. According to Bloomberg, the former deputy prime minister raked in a stock package worth $12.3m (£9.4m), which comes on top of his annual salary at Facebook’s parent company. Clegg’s salary is reportedly £2.7m, and this [...]
Meta’s threat to close down Facebook and Instagram in Europe backfires as EU leaders embrace shutdown: ‘Life would be very good without’ February 9, 2022 European leaders have responded to Meta's indirect warning to shut down its Facebook and Instagram operations across Europe if the social media giant is no longer able to process Europeans' data on US servers.
Meta to appeal watchdog’s ruling on Giphy acquisition January 5, 2022 Facebook owner Meta has applied to be able to appeal a ruling by the competition watchdog this morning that said it must sell popular animated images platform Giphy.
Reach: Profit picks up at Mirror publisher despite falling revenue July 31, 2024 The Euros and "effective" action on costs helped Reach successfully to shore up its bottom line despite continued dents to revenue due to falling circulations and changes to Meta's algorithm.
Swiss blockchain developer sues Meta over infinity logo trademark dispute May 4, 2022 A Swiss blockchain developer has filed a trademark infringement lawsuit against Facebook owner Meta, over claims the tech giant’s infinity logo bares too many similarities to its own infinity insignia. Swiss non-profit Dfinity filed a lawsuit in a California court, after claiming it would be “severely harmed” by being linked in any way to Meta’s [...]
Swapping Silicon Valley for Kings Cross: Nick Clegg becomes latest Meta boss to head to London August 3, 2022 London appears to be becoming the new Silicon Valley for Meta, as Facebook’s parent firm’s president of global affairs Nick Clegg makes his way back to the capital. The news comes just a day after the Financial Times leaked the fact that head of Instagram Adam Mosseri would be moving across the pond. It is understood [...]
Sheryl Sandberg steps down as Meta COO after 14 years alongside Zuckerberg June 2, 2022 Sheryl Sandberg is stepping down as Meta’s chief operating officer after working for 14 years alongside Mark Zuckerberg. The senior executive announced her decision in a Facebook post, where she said that it was time for her to “write the next chapter of my life.” “Over the next few months, Mark and I will transition [...]