
Meta
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9 February, 2023
Meta lost $14B in 2022 on its metaverse bet, but Zuckerberg wants to invest more
Q4 2022 was Meta’s Reality Labs’ worst one yet, with a $4.3 billion loss; while Zuckerberg laid off 11,000 workers...
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7 February, 2023
Meta wins court battle with FTC over the acquisition of VR platform Within Unlimited: report
A California judge denied the FTC's injunction request, arguing that Meta would dominate the VR industry by acquiring the VR...
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6 January, 2023
Irish privacy regulator fines Meta more than $400M over illegal ad practice
The decision by Ireland's Data Privacy Commissioner (DPC) found that Meta had illegally forced users to accept personalized ads by...
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1 December, 2022
Philippine central bank removes Novi from exclusive list of VASP licensees
Novi is no longer a registered Virtual Asset Service Provider in the Philippines following BSP's decision to remove it from...
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30 November, 2022
More bad news for Meta as Irish DPC imposes €265M fine over GDPR violations
The Irish Data Protection Commission assessed Facebook search, FB messenger contact importer, and Insta contact importer tool and found that...
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10 November, 2022
Meta begins mass layoffs—why?
Meta CEO Mark Zuckerberg proceeds with the company's mass layoffs following a turbulent year and his desire to create a...