Meta

Türkiye's Competition Board has terminated an investigation into Meta regarding data-sharing between Threads and Instagram.

The competition authority launched the probe in December last year.

Thousands of Facebook users in Greece and abroad have been reporting connection problems over the past hour.

The outage monitoring app downdetector said hundreds of users of Facebook and other Meta platforms, such as Instagram and Messenger, reported problems with use. Real-time monitoring shows the problems spiked and then abated.

Gojira, the French metal band that made a stunning impression with their explosive performance at the opening ceremony of the Paris Olympic Games, will have the opportunity to perform live for the Greek audience in a few months.

The long-standing question of why major tech players have overlooked Bulgaria seems to have been answered, albeit in a surprising manner. In a strategic move, Meta, the parent company of Facebook and Instagram, has quietly acquired a Bulgarian startup called Acutance Imaging.

Meta and Amazon on Thursday blew through expectations in their latest quarterly results as Big Tech continued to impress Wall Street.

Meta, the tech titan behind Facebook and Instagram, reported a profit of $14 billion in the final three months of last year, beating analyst forecasts as revenue climbed to $40.1 billion in the quarter.

Türkiye's competition board has declared that it started to fine Facebook-parent company Meta Platforms 4.8 million Turkish Liras ($160,000) per day over failure to fulfill its obligations on data collection from users.

In 2021, the Competition Authority initiated a probe in response to the software update imposed by WhatsApp on its users, mandating data sharing.

Meta, the parent company of Facebook and Instagram, launched a paid subscription service in the U.S., allowing users on both platforms to pay for verification.

Facebook owner Meta announced a fresh wave of job cuts on March 14, part of what CEO Mark Zuckerberg called the company's "year of efficiency" as the U.S. tech sector continues to downsize.

In an email to employees, Zuckerberg said Meta would shed 10,000 jobs over the next few months, targeting middle management, and that 5,000 other roles would remain unfilled.

Facebook parent Meta has reported that its revenue declined for a second consecutive quarter, hurt by falling advertising sales as it faces competition from TikTok's wildly popular video app.

Facebook recently changed name to Meta