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Tag: Meta

Meta launches AI voice translation on Facebook, Instagram
News

Meta to monetize Instagram for Nigerian creators June 2024

Meta, led by former United Kingdom Deputy Prime Minister and Meta’s President of Global Affairs, Sir Nick Clegg, has announced that the Instagram app will soon feature a monetization option for Nigerian creators, allowing them to earn from their content. This feature, slated for release in June 2024, aims to empower indigenous content creators to […]

Meta's deep sea cable sparks $37B African economic boost
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Meta’s deep sea cable sparks $37B African economic boost

Onwubuke Melvin Former UK Deputy Prime Minister and Meta’s President of Global Affairs, Nick Clegg revealed that the Meta-backed deep-sea cable has the potential to generate approximately $37 billion in economic activity across Africa. This was disclosed in a statement by the Special Adviser to the President, Ajuri Ngelale, on Thursday. According to the statement, […]

EU antitrust boss warns Apple, Meta over new fees
News

EU antitrust boss warns Apple, Meta over new fees

EU antitrust chief Margrethe Vestager cautioned Apple and Meta on Tuesday regarding their new service fees, suggesting that such fees could impede users from benefiting fully from the Digital Markets Act, designed to enhance consumer choice. Apple’s recent fee adjustments, announced in January to comply with EU tech regulations, have drawn scrutiny, particularly the introduction […]

Meta scraps fact-checking program, introduces X-like community notes feature
News

Meta moves to slash subscription fees on Facebook, Instagram

Meta has proposed a reduction in its monthly subscription fee for Facebook and Instagram, slashing it to 5.99 euros from 9.99 euros, as disclosed by a senior Meta executive on Tuesday. This move aims to address concerns raised by both privacy advocates and antitrust regulators. The decision comes amidst growing criticism from privacy activists and […]

Meta tests in-house AI chip to reduce reliance on Nvidia
News

Turkey moves to curtail Meta over competition law violation

Turkey’s competition on Monday, the authority implemented an interim measure targeting Meta Platforms Inc. This measure aims to impede data sharing between the Instagram and Threads platforms while the authority conducts an investigation into potential abuse of Meta’s dominant market position. Initiated in December, the investigation scrutinizes Meta, the parent company of Facebook, over potential […]

Meta launches AI voice translation on Facebook, Instagram
News

Facebook, Instagram, Threads back after global outage

Facebook and Instagram, owned by Meta, on Tuesday, both were restored after experiencing a disruption lasting over two hours, affecting millions of users worldwide. The technical issue began around 10 a.m. ET (1500 GMT), causing users to report difficulties accessing and logging into both platforms on alternative social media sites like X. The White House […]

Meta scraps fact-checking program, introduces X-like community notes feature
Tech

Facebook, Instagram users to pay Apple for boosts on iOS

Meta on Thursday announced that companies using the iOS versions of its social media applications, Facebook and Instagram, will have to pay app store operator Apple an additional 30% service charge for businesses who purchase a “boost” for their posts. According to the social media giant, advertisers would be able to promote their content on […]

Meta launches AI voice translation on Facebook, Instagram
Tech

Meta to identify, label AI-generated images

In the upcoming months, Meta will start identifying and categorizing photos produced by artificial intelligence services provided by other companies. The organization will begin employing a set of invisible marks integrated into the files, according to the company’s chief policy officer on Tuesday. According to a blog post by the company’s president of global affairs, […]

Meta launches AI voice translation on Facebook, Instagram
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Meta moves to protect teenage users from unwanted messages

Meta is enhancing its protective measures for teenage users on Instagram and Facebook, aiming to shield them from unsolicited direct messages, the company announced on Thursday. This initiative follows shortly after Meta, which also owns WhatsApp, committed to concealing more content from teenage users. This decision was influenced by regulatory pressures urging the globally dominant […]

Mark Zuckerberg closes in on Elon Musk, gains $54bn in 2024
Tech

Meta still committed to metaverse projects, says Zuckerberg

Meta CEO, Mark Zuckerberg has said that the company is still focused on its metaverse project despite recent AI investments. “I don’t know how to more unequivocally state that we’re continuing to focus on Reality Labs and the metaverse,” Zuckerberg told The Verge, and maintained that the company is still committed to investing $15 billion […]

Meta’s director Sheryl Sandberg steps down
Tech

Meta’s director Sheryl Sandberg steps down

The former chief operating officer of Meta, Sheryl Sandberg, on Wednesday said on Facebook that she will be leaving her role as a director of the company in May when her term comes to an end. In the post, Sandberg stated, “Meta business is strong and well-positioned for the future, so this feels like the […]

Meta lowers prices for Quest 3 headsets
News Tech

Meta lowers prices for Quest 3 headsets

Meta is permanently lowering the price of its Quest 2 headset by $50, just months after launching its Quest 3 headset. There is a $249 price reduction for the 128GB version and a $299 price reduction for the 256GB version. Notably, since Black Friday, the headset has been available for increased rates. Meta, however, has […]

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