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If Meta (the parent company of Facebook and Instagram) is unable to transfer, store and process data from its European users on US-based servers, access to Facebook and Instagram could be suspended across Europe. The owner of the giant Mark Zuckerberg warned about this on social media in his annual report.

Amazon has reported its profit doubled to $14 billion in the crucial holiday quarter, giving a boost to jittery markets that expected less due to higher labor, sourcing and delivery costs.

The e-commerce colossus said its net sales climbed to $137 billion, and its profit benefited greatly from a return on investment in electric vehicle maker Rivian, which went public in November.

The owner of the social network "Facebook" - Meta collapsed in the market with 230 billion dollars - an unprecedented loss for an American company in just one day. Shares fell 26.4% after investors were disappointed by data for the last quarter of 2021.

Meta Shares Fell more than 22%

The shares of the American company Meta on the New York Stock Exchange fell nearly 22 percent after trading was finished on Wednesday and after posting quarterly gains with weak growth forecasts and lower net income. According to the trading platform, an hour and a half after the end of the trading session, the company's quotations on the electronic exchange NASDAQ fell by 22.35%.

What has changed is both how journalism makes money, and how articles are produced and shared.

Facebook. Photo: Unsplash

In the Balkans, where Facebook is the most-used social network, this tech giant, along with Google, have become a kind of landlord, renting out space to journalists.

Google, Amazon, Facebook and Apple battle Washington’s move towards stricter regulation using anti-China lobbying

Facebook's parent company Meta has said it has created what it believes is among the fastest artificial intelligence supercomputers running on Jan. 26. 

Rohingya refugees sued Facebook on Dec. 6 for $150 billion over claims the social network is failing to stem hate speech on its platform, exacerbating violence against the vulnerable minority.

The complaint, lodged in a California court, says the algorithms that power the U.S.-based company promote disinformation and extremist thought that translates to real-world violence.

The owner of Facebook - Meta Platforms - has removed more than 500 accounts associated with an online disinformation network based mainly in China, writes the BBC.

The accounts promoted a fake profile of Swiss biologist Wilson Edwards, who spread allegations that the United States was interfering in attempts to discover the origin of COVID-19.

The EU Election Observation Mission said on Tuesday that non-transparent Facebook pages were responsible for "manipulative interference" in Sunday's mayoral election run-off contests, spreading misinformation about rival parties and candidates, although the polls were well-organised.