Facebook And Market
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Meta Loses $310 Billion Market Value Due To Legal Risk, AI Spending Concerns
Shares of the Facebook and Instagram parent are down 19% this month, putting them on pace for their worst performance since October 2022.
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Deepfakes Of Market Experts, China Links: How Gang Conned People Of Crores
A big cybercrime racket in which deepfake videos of market experts and popular anchors from business news channels were used to dupe people into 'investing' has been busted in Mumbai.
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CloudSEK Researchers Expose Social Media-Based Counterfeit Currency Network, Unmasks Perpetrators
CloudSEK, a cybersecurity firm, announced that it has unmasked a syndicate involved in printing and selling counterfeit Indian currency. As per the firm, the group was marketing the fake notes via social media platforms such as Facebook and Instagram, and even used authentic marketing channels such as Meta ads. As per the report shared by the compa...
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Meta Invests $3.5 Billion in Ray-Ban Maker EssilorLuxottica in AI Glasses Push
Facebook parent Meta acquired just under 3 percent of the Ray-Ban maker, a stake worth around €3 billion ($3.5 billion) at market prices, said the people, who asked not to be identified because deliberations are private.
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Meesho, Instagram, Facebook Marketplace, Amazon: Inside The Online Beauty Market Selling Cheap Fakes In India
We took a deep dive into murky online beauty markets to find out what's being sold, how they are being sold, and why so many people are buying them
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Himachal Woman Dies By Suicide, Streams Act Live On Facebook
A 20-year-old woman allegedly hanged herself at her home in Himachal Pradesh's Solan district while recording the act live on social media, police said on Thursday.
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Brazil's Top Court Votes to Hold Social Media Platforms Accountable for User Posts
Brazil's Supreme Court ruled Wednesday that social media firms are responsible for certain user-posted content in the country. This could result in fines against social media companies in Brazil. The decision could impact the business of platforms including Meta's Facebook and Instagram, as well as TikTok, Elon Musk's X and other internet giants, s...
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WhatsApp Had No Plans to Compete With Facebook, Co-Founder Says
WhatsApp co-founder Brian Acton said that the messaging app had no plans to compete with Facebook. Acton was present at a federal courthouse in Washington to testify in the ongoing US Federal Trade Commission’s antitrust trial against Meta Platforms.
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Meta's Zuckerberg Eyed Instagram Spinoff Amid Antitrust Scrutiny, Document Shows
Meta CEO Mark Zuckerberg considered spinning off Instagram in 2018 over concerns about growing risk of antitrust scrutiny. The document was shown during Zuckerberg's second day of testimony at the high-stakes trial, in which the Us Federal Trade Commission is seeking to unwind Meta's acquisitions of prized assets Instagram and WhatsApp.
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SEBI Directs Intermediaries to Use Registered Contact Details for Advertising on Social Media Platforms
SEBI has directed registered intermediaries advertising on social media platforms like Google and Meta to use the contact details shared with the market regulator, such as email IDs and mobile numbers. This step aims to combat rising securities market frauds observed on platforms like YouTube, Facebook, Instagram, WhatsApp, X (formerly Twitter), Te...
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Apple Loses Top Court Fight Against German Antitrust Crackdown
Apple's footprint across markets meets the threshold for more oversight, judges at Germany’s top civil court have said. The setback for Apple comes amid a clamor by Big Tech against European efforts to rein in their market dominance.
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Social Media Using You For Marketing Test Without Consent? Shocking Revelation Made By New Study
Social media platforms like Facebook are using AI-driven algorithms to manipulate users' feeds, making it impossible to know what information is being shown or hidden, and potentially excluding certain groups from important messages.
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WhatsApp, Meta Win Relief as NCLAT Suspends Data Sharing Ban
Meta had challenged the Competition Commission of India's (CCI) directive issued in November that imposed a ban on data sharing between WhatsApp and other Meta entities for advertising purposes, warning it may have to roll back some features. Meta also criticised the CCI for not having the "technical expertise" to understand the ramifications of it...
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Major Marketing Firm Admits To Listening To Your Phone Conversations: Report
A recent report reveals that a major marketing firm with clients including Facebook and Google, has admitted to using its "Active Listening" software to monitor smartphone conversations for targeted advertising.
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New Ray-Ban Meta Smart Glasses Outsell Previous Version, Says Essilux CEO
The Ray-Ban Meta smart glasses that are logging bigger sales numbers, went on the market last October, allowing users to livestream directly from the glasses to followers on Facebook and Instagram. The first version of smartglasses, born from the collaboration between Meta and Essilorluxottica, were reported to have struggled to catch on with consu...
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Meta Loses $310 Billion Market Value Due To Legal Risk, AI Spending Concerns
Shares of the Facebook and Instagram parent are down 19% this month, putting them on pace for their worst performance since October 2022.
-
Deepfakes Of Market Experts, China Links: How Gang Conned People Of Crores
A big cybercrime racket in which deepfake videos of market experts and popular anchors from business news channels were used to dupe people into 'investing' has been busted in Mumbai.
-
CloudSEK Researchers Expose Social Media-Based Counterfeit Currency Network, Unmasks Perpetrators
CloudSEK, a cybersecurity firm, announced that it has unmasked a syndicate involved in printing and selling counterfeit Indian currency. As per the firm, the group was marketing the fake notes via social media platforms such as Facebook and Instagram, and even used authentic marketing channels such as Meta ads. As per the report shared by the compa...
-
Meta Invests $3.5 Billion in Ray-Ban Maker EssilorLuxottica in AI Glasses Push
Facebook parent Meta acquired just under 3 percent of the Ray-Ban maker, a stake worth around €3 billion ($3.5 billion) at market prices, said the people, who asked not to be identified because deliberations are private.
-
Meesho, Instagram, Facebook Marketplace, Amazon: Inside The Online Beauty Market Selling Cheap Fakes In India
We took a deep dive into murky online beauty markets to find out what's being sold, how they are being sold, and why so many people are buying them
-
Himachal Woman Dies By Suicide, Streams Act Live On Facebook
A 20-year-old woman allegedly hanged herself at her home in Himachal Pradesh's Solan district while recording the act live on social media, police said on Thursday.
-
Brazil's Top Court Votes to Hold Social Media Platforms Accountable for User Posts
Brazil's Supreme Court ruled Wednesday that social media firms are responsible for certain user-posted content in the country. This could result in fines against social media companies in Brazil. The decision could impact the business of platforms including Meta's Facebook and Instagram, as well as TikTok, Elon Musk's X and other internet giants, s...
-
WhatsApp Had No Plans to Compete With Facebook, Co-Founder Says
WhatsApp co-founder Brian Acton said that the messaging app had no plans to compete with Facebook. Acton was present at a federal courthouse in Washington to testify in the ongoing US Federal Trade Commission’s antitrust trial against Meta Platforms.
-
Meta's Zuckerberg Eyed Instagram Spinoff Amid Antitrust Scrutiny, Document Shows
Meta CEO Mark Zuckerberg considered spinning off Instagram in 2018 over concerns about growing risk of antitrust scrutiny. The document was shown during Zuckerberg's second day of testimony at the high-stakes trial, in which the Us Federal Trade Commission is seeking to unwind Meta's acquisitions of prized assets Instagram and WhatsApp.
-
SEBI Directs Intermediaries to Use Registered Contact Details for Advertising on Social Media Platforms
SEBI has directed registered intermediaries advertising on social media platforms like Google and Meta to use the contact details shared with the market regulator, such as email IDs and mobile numbers. This step aims to combat rising securities market frauds observed on platforms like YouTube, Facebook, Instagram, WhatsApp, X (formerly Twitter), Te...
-
Apple Loses Top Court Fight Against German Antitrust Crackdown
Apple's footprint across markets meets the threshold for more oversight, judges at Germany’s top civil court have said. The setback for Apple comes amid a clamor by Big Tech against European efforts to rein in their market dominance.
-
Social Media Using You For Marketing Test Without Consent? Shocking Revelation Made By New Study
Social media platforms like Facebook are using AI-driven algorithms to manipulate users' feeds, making it impossible to know what information is being shown or hidden, and potentially excluding certain groups from important messages.
-
WhatsApp, Meta Win Relief as NCLAT Suspends Data Sharing Ban
Meta had challenged the Competition Commission of India's (CCI) directive issued in November that imposed a ban on data sharing between WhatsApp and other Meta entities for advertising purposes, warning it may have to roll back some features. Meta also criticised the CCI for not having the "technical expertise" to understand the ramifications of it...
-
Major Marketing Firm Admits To Listening To Your Phone Conversations: Report
A recent report reveals that a major marketing firm with clients including Facebook and Google, has admitted to using its "Active Listening" software to monitor smartphone conversations for targeted advertising.
-
New Ray-Ban Meta Smart Glasses Outsell Previous Version, Says Essilux CEO
The Ray-Ban Meta smart glasses that are logging bigger sales numbers, went on the market last October, allowing users to livestream directly from the glasses to followers on Facebook and Instagram. The first version of smartglasses, born from the collaboration between Meta and Essilorluxottica, were reported to have struggled to catch on with consu...
