Threads, a new app positioned as a rival to Twitter, witnessed an impressive influx of more than 10 million users in its initial hours, according to Mark Zuckerberg, the CEO of Meta. Launched in the UK at midnight on Thursday, Threads, developed by Meta, the parent company of Facebook and Instagram, allows users to share […]
Facebook has changed its corporate name to Meta as part of a major rebrand. The company said it would better “encompass” what it does, as it broadens its reach beyond social media into areas like virtual reality. The change does not apply to its individual platforms, such as Facebook, Instagram and Whatsapp, only the parent […]
Whistleblower Frances Haugen, 37, a former product manager on Facebook’s civic integrity team, testified at an internet safety hearing on Capitol Hill on Tuesday and said “they [Facebook] have put their immense profits before people.” She told senators at a Washington hearing that Facebook’s leaders know how to make their products safer but won’t, she […]
Investor confidence in Facebook weakened a bit on Monday amid continued political pressure and a rare lengthy outage of the company’s apps, sendings shares down 4.8% and zapping away billions from CEO Mark Zuckerberg’s fortune. Zuckerberg’s fortune declined by $5.9 billion to a mere $117 billion in total. (He’s now the world’s sixth richest person.) Top […]
