Tag: Meta

Threads introduces rate limit to curb spam attacks
News

Meta to label government account on Threads

Meta Platforms, the parent company of Facebook and Instagram, has revealed its plans to label government-affiliated accounts on its newly launched Twitter-like platform, Threads, according to an executive’s statement during an Australian inquiry on foreign interference. Meta’s head of public policy for Australia, Josh Machin, expressed the company’s intentions to implement labels for state-affiliated media […]

US authors sue OpenAI, Meta for copyright infringement
News Tech

US authors sue OpenAI, Meta for copyright infringement

Authors Richard Kadrey, Christopher Golden, and comedian Sarah Silverman are suing OpenAI and Meta in a US district court on separate counts of copyright infringement. The lawsuits claim, among other things, that OpenAI’s ChatGPT and Meta’s LLaMA were trained on datasets containing their works that were obtained illegally. They claim these datasets were obtained from […]

Meta’s Threads closes in on X with 400m monthly users
News

Threads surpasses 50 million users

Threads, the highly anticipated “Twitter Killer” app from Meta, has amassed an astonishing 50 million users within a mere 24 hours of its launch. The text-based microblogging service, intricately tied to Meta’s popular photo and video-sharing platform, Instagram, has seen an unprecedented surge in registrations. While Meta’s leveraging of its massive user base of over […]

Twitter threatens to sue Meta over Threads app
News

Twitter threatens to sue Meta over Threads app

Twitter has threatened to sue Meta for infringing on Twitter’s “intellectual property rights” with its new Threads app, which Mark Zuckerberg has openly referred to as a competitor. A lawyer for Twitter stated in a letter to CEO Mark Zuckerberg, which was originally published by the news outlet Semafor, that the firm “has serious concerns […]

Zuckerberg, Meta directors settle $8bn privacy lawsuit ahead of testimony
News Tech

Meta to consider monetizing Threads – Zuckerberg

Mark Zuckerberg, CEO of Meta, stated on Thursday that Meta would consider making money from the new Twitter rival, Threads. He claimed that while Meta is now focusing on gaining more users for the new microblogging software, the business will consider monetizing it after its user base reaches one billion. This was expressed by Zuckerberg […]

Threads hits 30 million users
featured

Threads hits 30 million users

Meta’s newly launched Threads app garnered a staggering 30 million users on its very first day, according to Mark Zuckerberg, the company’s chief. Positioned as a “friendly” alternative to Twitter, Threads aims to attract disgruntled Twitter users following the platform’s acquisition by Elon Musk. Industry experts believe that Threads has the potential to entice users […]

Five things to know about Meta's Twitter-like App Threads
Tech

Five things to know about Meta’s Twitter-like App Threads

The parent company of Instagram, Meta, recently introduced Threads, a text-based conversation app aimed at competing with Twitter. As users seek alternatives to Twitter’s evolving restrictions, Threads offers a platform where users can engage in real-time conversations while integrating seamlessly with their existing Instagram accounts. Here are five key things to know about Meta’s new […]

Facebook to shut down news tab in US, Australia
News

Italy’s Meta tax review begins test case

Alex Omenye The initial examination of Facebook parent firm Meta in a tax lawsuit, which might result in a bill for the American business of about 870 million euros ($925 million) and serve as a test case for the digital industry, is anticipated to take Italy until the end of the year. Although a small […]

Amazon, Google, Apple, Meta, Microsoft meet EU over gatekeeper status
Business

Amazon, Google, Apple, Meta, Microsoft meet EU over gatekeeper status

Alex Omenye Alphabet’s Google, Amazon, Apple, Meta, and Microsoft have alerted the European Commission that they qualify as gatekeepers, according to EU industry director Thierry Breton. Under the new EU IT regulations, companies with a market capitalization of 75 billion euros and more than 45 million monthly active users are regarded as gatekeepers offering a […]

Meta to unveil Twitter-like 'Threads' app
Tech

Meta to unveil Twitter-like ‘Threads’ app

In response to Twitter’s recent limitations, Meta Platforms, formerly known as Facebook, is gearing up to launch Threads, a microblogging app. The move is to provide an alternative platform for users seeking unrestricted communication. The announcement comes just days after the executive chair of Twitter, Elon Musk introduced a temporary cap on the number of […]

Business

Metaverse to contribute $760bn to US GDP by 2035 – Report

A study commissioned by the owner of Facebook, Meta Platforms, has revealed that Metaverse could contribute up to $760 billion, or about 2.4 per cent of the annual US gross domestic product by 2035. The report, conducted by consulting firm Deloitte and accessed by Reuters, suggests that economic gains could come from the use of […]

Mark Zuckerberg beats Elon Musk in billionaire rankings
Business

Meta launches paid IG, Facebook blue tick in US

Meta has on Friday announced the launch of its subscription service in the United States. The service will allow Facebook and Instagram users to pay for verification and obtain a blue badge, similar to what is currently offered by Twitter, which is owned by Elon Musk. The service, known as Meta Verified, will require users […]