Facebook Financial News

27.07 / 01:41
Facebook UPS Digital Platform Meta Platforms ad Facebook parent Meta predicts strong quarterly revenue fuelled by digital ad growth, shares rally
After surpassing the market expectations, Facebook owner, Meta Platforms witnessed an 11% rise in its revenue to $32 billion in the second quarter. The company has predicted an upbeat third-quarter revenue above market expectations.
27.07 / 00:37
Facebook Microsoft Progressive Strategy Align Instagram Every tech firm will soon be an AI company: Meta's Nick Clegg
AI regulation, said Nick Clegg, President, Global Affairs, Meta. India has currently adopted a wait-and-watch approach to AI regulation, which is prudent, Clegg, the former UK deputy prime minister, told ET. India houses the world's second-largest developer ecosystem, and a huge amount of AI powered innovation is expected from India, Clegg said.
27.07 / 00:37
Facebook UPS Platform Instagram country social Indian International Now, international platforms wooing Indian gamers with ‘No GST’ messages
Platforms such as winbuzz.com and gamer777.com have roped in micro-influencers to reach out to Indian gamers. They are offering these influencers up to Rs 1,000 per post on social media platforms such as X (Twitter), Instagram and Facebook, asking users to switch to their platforms, ET has learnt. “They (offshore players) are taking advantage of the fact that gaming companies are in a Catch-22 situation right now as far as GST is concerned,” a senior executive at an Indian gaming company told ET.
27.07 / 00:37
Facebook UPS Twitter Google Instagram show ad Meta Q2 results: Profit rises 16% to $7.8 billion as ad sales rebound
Meta, Facebook was a Wall Street darling because of its breakneck growth and big profits. But the company had lost its luster with investors over the past 18 months thanks to a slump in ad sales and what some saw as self-inflicted wounds. On Wednesday, the company appeared to regain some of its footing.
26.07 / 23:05
business Facebook virtual reality Metaverse Meta Meta Q2 earnings: Reality Labs losses top $7.7B year to date
Meta's metaverse-related losses topped $3.74 billion over the second quarter with the Big Tech player spending $7.7 billion on its virtual reality business so far in 2023.
26.07 / 12:57
Facebook UPS Twitter PayPal Google Platform elon Elon Musk pursues banking in wake of rivals’ failed attempts
Billionaire Elon Musk’s grand vision is to turn Twitter into a one-stop shop for financial services. It’s hardly the first time a tech giant has sought to muscle in on Jamie Dimon’s turf.
26.07 / 10:07
Facebook UPS Waters Southern cover social 'It was like a heartbeat': Residents at a loss after newspaper shutters in declining coal county
Months after the last newspaper closed in a declining coal community in West Virginia, residents say they are already experiencing challenges getting and sharing information
26.07 / 08:05
Facebook UPS Twitter MET love An engineer's Covid lockdown love story ends with triple murder in Assam
Nazibur Rahman Bora surrendered before the police after killing his wife Sanghamitra Ghosh and in-laws (Sanjeev and Junu Ghosh), Assam police said. «The accused has surrendered before police. He confessed that he had committed the crime.
26.07 / 05:55
Facebook Twitter PayPal Google Platform XCOM services elon Financial Elon Musk's ambitious move: Transforming Twitter into a financial services powerhouse
Elon Musk, the billionaire entrepreneur, envisions transforming Twitter into a comprehensive platform for financial services. This ambitious move is not the first instance of a tech giant encroaching on Jamie Dimon's territory, reported Blommberg. As per a report from Bloomberg, numerous technology firms have ventured into the realm of financial services with similar ambitions.
26.07 / 05:39
Facebook Provident Microsoft Google Platform Enterprise Alibaba's cloud unit brings Meta's AI model Llama to its clients
HONG KONG (Reuters) — Alibaba (NYSE:BABA)'s cloud computing division said it has become the first Chinese enterprise to support Meta's open-source artificial intelligence (AI) model Llama, allowing its Chinese business users to develop programs off the model.
26.07 / 03:59
Facebook UPS Twitter MAIL Google Garena Free Fire Max redeem codes for July 26, 2023: Get weapons, diamonds, more
Garena Free Fire Max is a revamped version of Garena Free Fire. It debuted in 2021 and became popular after the ban of the former by the Indian government. Developers of the game keep updating these codes daily.
26.07 / 01:55
Facebook COST Reuters Digital Australia court fines Facebook owner Meta ₹111 crore for failing to disclose data collection activities
₹111 crore)) for acquiring user data through an app that claimed to safeguard privacy but failed to disclose its data collection activities. Also, the Federal Court of Australia has ruled that Meta, along with its subsidiaries Facebook Israel and the previously discontinued app Onavo, must also bear the legal costs of A$400,000 ( ₹2.2 crore) to be paid to the Australian Competition and Consumer Commission, the party responsible for initiating the civil lawsuit, Reuters reported. The Australian government led by Anthony Albanese has unveiled a series of planned amendments to the Privacy Act aimed at modernising the legislation in the digital era.
25.07 / 16:35
Facebook Indian Friend She is dead for us, says Indian woman's father after she marries her Pakistani friend
Anju, a married Indian woman who travelled to Pakistan's Khyber Pakhtunkhwa province and married her Facebook friend there on Tuesday, said she was as good as dead for her family back home. She had ruined the future of her two children, said her father Gaya Prasad Thomas, speaking to reporters at Bouna village in Gwalior district of Madhya Pradesh. «The way she ran away leaving her two children and husband behind… she did not even think of her children.
25.07 / 16:11
Facebook UPS track beautiful social Chetan Bhagat has good reason to be unhappy with influencers
Chetan Bhagat, India’s original influencer, is unhappy with influencers. Or so he wrote in a recent column in The Times of India, where he suggested that influencers have sucked the joy out of travel and hospitality, one reel at a time. This after having seen a reel made by a “reasonably popular food influencer" about this quaint little café at a small distance from where he lives.
25.07 / 14:19
Facebook UPS Exodus social After exodus of top leaders, PDP launches online campaign to strengthen presence in J-K politics
Peoples Democratic Party (PDP) has taken to social media to scout for new stakeholders to begin the political journey afresh in Jammu and Kashmir. PDP youth president Waheed Parra said besides engaging the youth in the political process, the online campaign will also open up the political space for those who want to be associated with politics, but do not have the referrals and connections to do so. «This is the first time such a step has been taken by any political party.
25.07 / 13:15
Facebook Citi VISA performer Indian Friend Married Indian woman Anju travels to Pakistan, weds Facebook friend after converting to Islam
PTI on 25 July. As per details, Anju (34), was staying at her 29-year-old Pakistani friend Nasrullah's home in the Upper Dir district of Khyber Pakhtunkhwa, where they became friends on Facebook in 2019. Amid tight security, both Fatima and Nasrullah tied the knot in a local court of a district and sessions judge.
25.07 / 05:25
Facebook Provident Twitter MAIL Google Garena Free Fire Max redeem codes for July 25, 2023: Chance to win free gifts
Garena Free Fire Max was introduced in 2021 as an enhanced version of Garena Free Fire. It gained popularity after the previous version was banned by the Indian government. The game developers regularly update these codes on a daily basis.
25.07 / 04:25
Facebook Twitter Google Instagram Celebrity social Twitter turning into X is set to kill billions in brand value
Elon Musk decreed that Twitter’s product name would be changed to “X," and that he is getting rid of the bird logo and all the associated words, including “tweet." Musk’s move wiped out anywhere between $4 billion and $20 billion in value, according to analysts and brand agencies. “It took 15-plus years to earn that much equity worldwide, so losing Twitter as a brand name is a significant financial hit," said Steve Susi, director of brand communication at Siegel & Gale. Musk, whose company has already declined significantly in value since he purchased it for $44 billion in October, announced the change on Saturday night.
24.07 / 18:33
Facebook Target Telegram Platform Mobile social end Trai supports selective WhatsApp, Telegram ban to end internet blackouts
Trai) is in favour of a mechanism to selectively ban popular over-the-top (OTT) platforms, especially communication apps such as WhatsApp, Facebook and Telegram, in case a need arises, to ensure continuity of essential internet-driven services such as financial transactions, e-healthcare and online education. «Currently, the authorities are not able to selectively ban WhatsApp, Telegram and others.
24.07 / 17:33
Facebook Provident Aware Platform Meta Platforms show social How ChatGPT took its toll on human workers
The Wall Street Journal show. The company used the categorized passages to build an AI safety filter that it would ultimately deploy to constrain ChatGPT from exposing its tens of millions of users to similar content. “My experience in those four months was the worst experience I’ve ever had in working in a company," Alex Kairu, one of the Kenya workers, said in an interview.

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