Meta
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Meta needs an Indian CEO, perhaps Parag Agrawal is available, says Shark Tank India’s Anupam Mittal Photo : Twitter New Delhi: Meta Platforms, the sixth biggest US company by market capitalisation at the start of the year, saw a massive dip in its market value such that it is now ranked 26th in the country. […]
An avatar of Mark Zuckerberg, chief executive officer of Meta Platforms Inc., speaks during the virtual Meta Connect event in New York, US, on Tuesday, Oct. 11, 2022. Michael Nagle | Bloomberg | Getty Images The boss of the U.K. media regulator Ofcom warned “metaverse” forays from tech giants like Meta and Microsoft will be […]
In today’s ExchangeWire news digest: Binance loses up to USD$500m (~£450.5m) to hackers; a new report from Meta reveals up to a million Facebook passwords may have been stolen; and a financial report from ByteDance shows the company experienced significant operating losses last year. Binance loses up to half a billion dollars to hackers […]
Meta, which owns Facebook, Instagram, and WhatsApp, has begun testing the ability for people to start Community Chats in Messenger and Facebook Groups. Meta rolls out Community Chat on Facebook and Messenger In a statement on Friday, the company noted that – “Today, Mark Zuckerberg announced we’ll begin testing the ability for people to […]
After a series of Israeli airstrikes against the densely populated Gaza Strip earlier this month, Palestinian Facebook and Instagram users protested the abrupt deletion of posts documenting the resulting death and destruction. It wasn’t the first time Palestinian users of the two giant social media platforms, which are both owned by parent company Meta, had complained […]
Meta taps DoorDash for its Facebook Marketplace delivery in the US – Correct Success Meta has announced a new delivery initiative for its Facebook Marketplace in the US. The pilot program lets customers receive their ordered or purchased items to be picked up and delivered by DoorDash. Although free, only eligible orders are covered on the initial […]
Image Source : AP Facebook’s Meta logo Meta on Tuesday revealed it is extending its third-party fact-checking programme in India to include NewsMeter, which is a fact checker focused on the southern states of the country. The programme will now allow for more accuracy and bolster its fact checking capabilities in regional Indian languages including […]
Facebook-parent Meta, which counts India as its largest market by users, is gearing up to make its third startup investment in the South Asian market. The American social media group, which invested in social commerce Meesho in 2019 and online learning platform Unacademy in 2020, is in talks to back the early-stage startup Better Opinions, […]
In the light of Meta’s privacy scandal, perhaps everyone wondered if social media platforms like Meta, Instagram and others covertly eavesdropped on their conversations. The timing of certain ads popping up on news feeds has been a cause for both concern and intrigue. In 2021, the privacy debate was renewed in the light of a […]
photoschmidt/iStock via Getty Images Investment Thesis FB 10Y P/E Valuations S&P Capital IQ Meta Platforms, Inc. (FB)’s P/E valuations have been drastically moderated to their lowest range since its IPO, from 70.15x on 18 May 2012 to 16.44x on 27 May 2022. Nonetheless, long-term investors need not be worried, given that the stock has also […]
