Meta disagrees with CCI's Rs 213-crore penalty over WhatsApp policy, to file an appeal
Nov 20, 2024, at 06:42 pm
New Delhi/IBNS: WhatsApp parent Meta plans to contest the Rs 213.14 crore fine imposed by the Competition Commission of India (CCI) for alleged anti-competitive practices tied to WhatsApp’s 2021 privacy policy update, according to media reports.
Facebook parent Meta confirms layoffs at WhatsApp, Instagram
Oct 17, 2024, at 08:30 pm
California/IBNS: After laying off 11,000 employees in 2022 and another 10,000 in 2023, Meta is conducting another round of job cuts, though this time on a much smaller scale, reports the Verge.
Amid global slowdown, large tech companies almost halt hiring in India: Report
Dec 26, 2023, at 05:55 pm
Mumbai/IBNS: Large tech companies have nearly stopped hiring new employees amid the global slowdown, media reports said.
Facebook's parent company Meta to cut 10,000 additional jobs, slash 5,000 more vacant positions
Mar 15, 2023, at 04:32 am
Facebook's parent company Meta Platforms Inc. has planned to lay off around 10,000 employees and close about 5,000 additional open roles in its second major round of job cuts in the past six months.
Facebook's parent company Meta plans to slash thousands of employees this week: Report
Mar 07, 2023, at 03:07 pm
California: Meta Platforms Inc., which is the owner of popular social media platforms Facebook and Instagram, is planning another round of layoffs and will slash thousands of employees in the current week, media reports said on Tuesday.
Meta India public policy chief Rajiv Aggarwal, WhatsApp India head Abhijit Bose resign
Nov 16, 2022, at 02:29 am
New Delhi/IBNS: Two weeks after Facebook India head Ajit Mohan resigned to take up another job with rival platform Snap, Meta's country lead for public policy Rajiv Aggarwal quit on Tuesday.
Facebook's parent company Meta may begin large scale layoff this week: Reports
Nov 07, 2022, at 02:46 pm
California: Social media giant Facebook's parent company Meta Platforms Inc is planning to begin large-scale layoffs this week, media reports said on Monday.
Facebook key executive Sheryl Sandberg steps down
Jun 02, 2022, at 06:11 pm
California/UNI: Tech conglomerate Meta's CEO Sheryl Sandberg has announced her departure after 14 years.
Facebook owner Meta sees biggest ever stock market loss in 18 years
Feb 05, 2022, at 04:59 am
American media magnate Mark Zuckerberg has come under fresh media glare after Facebook's owner Meta reported a drop in daily users globally from 1.930 billion to 1.929 billion.
TikTok beats Facebook as most downloaded social media app in 2020
Aug 11, 2021, at 01:27 am
Washington/UNI/Sputnik: The Chinese social video platform TikTok became the most downloaded app among social networks in 2020, edging out Facebook Messenger, Japan's Nikkei newspaper reported on Tuesday.
Health insurance, micro-pension products to be available soon on WhatsApp
Dec 18, 2020, at 04:13 am
Mumbai/IBNS: Users of messaging app WhatsApp in India will have access to a string of “critical financial and livelihood services” for which talks are going on with leading banks and service providers.
WhatsApp's UPI payment service starts in India
Nov 06, 2020, at 10:55 pm
Mumbai/IBNS: After years of struggle, Facebook Inc has finally managed to get approval for operating WhatsApp payments in India, starting Friday.
Facebook reports strong Q3 results
Oct 30, 2020, at 03:21 pm
Washington/Xinhua: US social media giant Facebook Inc. reported on Thursday its financial results for the third quarter of 2020, with net income growing 29 percent to 7.85 US billion dollars for the quarter ending on September 30, compared with 6.09 billion dollars in the corresponding period last year.
PepsiCo joins growing advertising boycott of social media site Facebook: Reports
Jun 29, 2020, at 08:44 am
Moscow/Sputnik: The US food and beverage giant PepsiCo is set to pull its adverts from Facebook, joining a range of firms that have started a boycott of the social media platform due to concerns over its inability to monitor and police hateful content, the Fox News broadcaster reported on Sunday, citing sources in the company.
Amazon in talks to buy $ 2 billion stake in Bharti Airtel :Report
Jun 04, 2020, at 11:37 pm
Mumbai/IBNS: After Facebook acquired 9.99% in Reliance Jio in a bid to grab a lion's share of India's booming digital economy, Amazon.com is also on its way to purchase approximately 5% stake in Bharti Airtel, for which the talks are still in preliminary phase, reported Reuters.
After Facebook deal, Mukesh Ambani becomes Asia's richest person again
Apr 23, 2020, at 02:24 pm
Mumbai/IBNS: Indian businessman Mukesh Ambani pipped China's Jack Ma to once again become Asia's richest person after striking a deal with Mark Zuckerberg's Facebook Inc. a day ago, media reports said.
Facebook buys 9.99 percent stake in Reliance Jio
Apr 22, 2020, at 10:07 am
New York/IBNS: In what is seen as the largest Foreign Direct Investment ( FDI) in the Indian tech sector, social media giant Facebook will buy 9.99 percent stake in Reliance Industries led Jio Platforms.
Facebook posts double-digit growth in quarterly, yearly revenues
Jan 30, 2020, at 10:26 am
San Francisco/Xinhua/UNI: U.S. top social networking company Facebook Inc. Wednesday reported double-digit revenue growth for the fourth quarter and full year ended Dec. 31, 2019.
Facebook announces New Marketing Head for India
Jan 24, 2020, at 08:22 pm
New Delhi/UNI: Gearing up for an aggressive marketing agenda across its family of apps, Facebook on Friday announced latest addition to the India leadership team Avinash Pant, who will take on the role of Marketing Director at Facebook India.
Paypal becomes 1st company to withdraw support for Facebook's cryptocurrency Libra
Oct 05, 2019, at 09:59 am
Moscow (Sputnik/UNI) Payment company Paypal said it has withdrawn its participation in Facebook's cryptocurrency project Libra, becoming the first company to end its support for the project amid backlash from authorities.
Facebook set to launch 'Libra' cryptocurrency
Jun 18, 2019, at 06:10 pm
Washington, June 18 (IBNS): In a major development, social media giant Facebook on Tuesday unveiled its highly-anticipated digital currency project. It's called Libra.
Facebook investors increase pressure on CEO Zuckerberg to step down, says report
Nov 19, 2018, at 11:39 am
Washington, Nov 19 (IBNS): Facebook investors have increased pressure on the social media site's Chief Executive Officer (CEO) Mark Zuckerberg and asked him to step down after a New York Times report suggested the company has hired a Republican-owned political consulting and PR firm, media reports said.
Cambridge Analytica gaffe costs Facebook USD 58 billion
Mar 24, 2018, at 06:33 pm
Menlo Park, Mar 24 (IBNS): Social networking giant Facebook has endured a tough week, losing USD 58 billion following the company's admission that it failed to properly handle a data breach, allowing Cambridge Analytica to siphon personal data of over 50 million users.
Facebook app to be made available on JioPhone
Feb 14, 2018, at 03:38 am
Mumbai, Feb 13 (IBNS): Starting from Wednesday, Facebook will be available on the JioPhone, India ka smartphone.
Social networking giant Facebook bans cryptocurrency ads on its platforms
Jan 31, 2018, at 03:26 pm
New York, Jan 31 (IBNS):In a major move, popular social networking site Facebook Wednesday announced it has decided to block any advertising promoting cryptocurrency products and services.
Facebook adds fundraising option to its 'Safety Check' feature
Jun 15, 2017, at 04:47 pm
New York, June 15 (IBNS): Popular social networking site Facebook has introduced 'Fundraisers' option to its Safety Check feature.
Facebook adds new feature for users
Oct 20, 2016, at 01:25 am
New York, Oct 19 (IBNS): Popular social networking site Facebook on Wednesday said it has introduced features by which users in the US can order food through the pages of the restaurants.
Facebook hires Anand Chandrasekaran
Sep 20, 2016, at 03:23 pm
New York, Sept 20 (IBNS): In a bid to help develop strategies for its Messenger app, popular social networking site Facebook has hired former senior executive at Yahoo Inc. Anand Chandrasekaran, media reports said.
Facebook's translation tool to help overcome language barrier
Jul 04, 2016, at 07:59 pm
California, July 4 (IBNS): Social networking giant, Facebook, is set to help users overcome language barriers by allowing them to view posts in their preferred language.
Facebook to discontinue Paper app from its lineup
Jul 02, 2016, at 07:02 pm
California, Jul 2 (IBNS): Social networking giant, Facebook is ready to pull shutters on its news reading app Paper, reports said.