Russian lawmakers on Tuesday approved a bill providing for stricter penalties for foreign internet companies that fail to open an office in Russia, including fines. Moscow has long sought to exert greater control over technology firms, and disputes over content and data have intensified since it sent armed forces into Ukraine on February 24. Foreign […]
05
Jul
Jul
EU lawmakers gave the thumbs up on Tuesday to landmark rules to rein in the power of tech giants such as Google, Amazon, Apple, Meta, and Microsoft, but enforcing them could be an issue due to regulators’ limited resources. In addition to the rules known as the Digital Markets Act (DMA), lawmakers also approved the […]
04
Jul
Jul
Meta’s controversial cryptocurrency project is coming to an end with the announcement that the Novi digital wallet will close on 1st September 2022. The Novi digital wallet launched with a pilot program in November 2021 with custody support from Coinbase. Novi did not support Meta’s proposed Diem cryptocurrency, but instead launched with only support for […]
01
Jul
Jul
Facebook is getting a new ‘digital collectibles’ tab where creators will be able to showcase their non-fungible tokens (NFTs). The release of this NFT-centric feature on Facebook is going to be gradual and will start being available for select creators based in the US. Last month, Instagram had also said that it had begun testing […]
01
Jul
Jul
Instagram is reportedly testing a way to turn video posts into Reels. The Meta-owned social media platform is said to have mentioned has reportedly said that the change is currently being tested with a select number of users around the world and it is part of Instagram’s plan to simplify the videos on the application. […]
01
Jul
Jul
Facebook parent Meta Platforms has reportedly reduced its target for hiring engineers in 2022 to around 6,000-7,000, down from an initial plan to hire about 10,000 new engineers. According to Reuters, the statement comes Meta Chief Executive Mark Zuckerberg, who cited the figure during a weekly employee Q&A session on Thursday. In another update, Meta […]
29
Jun
Jun
Facebook is testing out a couple of new features for Groups. These features include a new easy way to access users’ favourite Facebook Groups, along with the introduction of chat, audio, and feed channels. Facebook group admins will now be able to create channels in the groups that are focused spaces for people to connect […]
28
Jun
Jun
With abortion now or soon to be illegal in over a dozen states and severely restricted in many more, Big Tech companies that vacuum up personal details of their users are facing new calls to limit that tracking and surveillance. One fear is that law enforcement or vigilantes could use those data troves against people […]
28
Jun
Jun
Meta, formerly Facebook, is venturing deeper into the arena of metaverse and Web3. In a latest development, the company has launched its own wallet service as a universal payment mode that could be used in physical as well as the virtual world of the metaverse. The name of this wallet service is Meta Pay, which […]
28
Jun
Jun
Facebook and Instagram have begun promptly removing posts that offer abortion pills to women who may not be able to access them following a Supreme Court decision that stripped away constitutional protections for the procedure. Such social media posts ostensibly aimed to help women living in states where preexisting laws banning abortion suddenly snapped into […]