"Metaverse" cost Zuckerberg $74 billion.

A big bet on the metaverse, under-expected financial results, executive layoffs, privacy concerns, and strong competition from other social media platforms like Tik Tok are the biggest hurdles for Mark Zuckerberg, head of Facebook and parent company Instagram Meta. These issues have reduced the book value of his personal fortune by $74 billion this year, […]

Roskomnadzor restricts access to Facebook due to censorship

Roskomnadzor said that they began to partially restrict access to the social network Facebook. This is reported on agency website. The decision was made after the social network was recognized as involved in the violation of fundamental human rights and freedoms. The publication of the Federal Service for Supervision of Communications, Information Technology and Mass […]

Facebook comes to Greece: acquires startup Accusonus for 100 million euros and founds Meta Hellas

In Greece, during a decade of economic crisis and despite adverse conditions, start-ups have found an opportunity to withstand many innovative ideas and transform into business entities. With minimal capital and staff, a number of start-up companies “thrived”, confirming the inexhaustible talent of young Greeks who decided, instead of becoming employees with a salary of […]

Need a new set of rules for the Internet

Former Facebook employee and whistleblower Frances Haugen on Wednesday pleaded with lawmakers to avoid the usual deadlocks in Congress as they weigh proposals to curb social media abuse by limiting companies’ legal protections of free speech. However, Haugen called for caution when amending the 1996 law that provides legal protections for both content posted by […]

Another failure of Facebook and Instagram

Last night, Downdetector reports, Facebook and Instagram users around the world again complained in large numbers about service outages. Downdetector, which is designed to track outages and outages of online resources, marks the start of complaints at approximately 9:20 pm. Users from Italy, Germany, USA, Russia, Canada, France, the Netherlands, Great Britain and other countries […]