Tag: Facebook
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META Lifts Ban on Breasts for Transgender
A board that advises the parent company of Instagram and Facebook, Meta, has recommended that the social media giants end their ban on images of bare breasts being posted to the platform. Meta’s Oversight Board is made up of academics, journalists and politicians who advise the company on its policies around content moderation, and have…
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Meta fires over 11,000 employees
Meta, the parent company of Facebook, has sacked over 11,000 employees. This is coming few days after Vanguard had reported how Meta had planned to layoff its staff this week, over poor performance. The parent company of Facebook had on Monday expressed disappoint over the performance of its staff. As of September 30, Meta had about…
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Meta revenue declines for the first time in history
on instagram IVANKA Meta, Facebook’s parent company, reported revenue of $28.8 billion for the three months ending in June, a 1% drop from the prior-year quarter and its first year-over-year revenue decline since going public in 2012. The company’s profit fell far more sharply. Net income during the quarter declined 36% year-over-year to nearly $6.7…
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FG Orders Twitter, Tik Tok, others to Appoint Country Reps
The National Information Technology Development Agency has disclosed that interactive computer service platforms and Internet intermediaries are required to fulfill certain conditions in running their services in Nigeria. These conditions are stated in the recently released Code of Practice for Interactive Computer Service Platforms/Internet Intermediaries (online platforms). This is according to a statement issued by…
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Disinformation: Facebook, Twitter Remove Accounts Targeting Ukrainians
Facebook and Twitter removed two anti-Ukrainian “covert influence operations” over the weekend, one tied to Russia and another with connections to Belarus, the companies said. One of the operations, a propaganda campaign featuring a website pushing anti-Ukraine talking points, was an offshoot of a known Russian disinformation operation. A Facebook spokesperson said it used computer-generated…
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African Content Creators to Earn More as Meta Launches Reels on Facebook
Meta said it is expanding the availability of Facebook Reels for iOS and Android to more than 20 countries across sub-Saharan Africa. Meta is also introducing better ways to help creators to earn money, new creative tools and more places to watch and create Facebook Reels. Prior to this launch Reels was available on Facebook…
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Facebook’s Daily Active Users Drop To 1.92 Billion, Shares Tumble
For the very first time in its 18 years of existence, the total number of Daily Active Users (DAUs) in Facebook has witnessed a plunge. The parent company of Facebook, the Meta Networks, has revealed that the DAUs have declined to 1.929 billion in the three months to the end of December, down from 1.930…
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Like Twitter, We’ll Regulate Whatsapp, Facebook & Instagram in Nigeria – Minister
The Federal Government says it is set to amend its relevant statutes and code to enforce the operational conditions of Twitter on other social media platforms in Nigeria. The Minister of Information and Culture, Alhaji Lai Mohammed disclosed this in Cairo at a meeting with his counterpart, Egypt Minister of Communication and Information Technology,…
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France hits Google, Facebook with Huge Fines over ‘Cookies’
French regulators have hit Google and Facebook with 210 million euros ($237 million) in fines over their use of “cookies,” the data used to track users online, authorities said on Jan. 6. U.S. tech giants, including the likes of Apple and Amazon, have come under growing pressure over their businesses practices across Europe, where they…
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TikTok now the Internet’s most Popular Site, edging out Google
TikTok has taken the top spot as the world’s most popular website, beating out Google and Facebook. TikTok has been on a tear over the last few years and was a big winner among social media platforms during the pandemic. Not even attempts by the Trump administration to ban the app could blunt its…