Zuckerberg’s Meta drops fact checking filters in return to ‘free speech’ January 7, 2025 Meta, the parent company of Facebook and Instagram, announced that it will end its third-party fact-checking program, replacing it with a community-driven approach akin to X’s ‘community notes’. The decision comes as chief executive Mark Zuckerberg seeks to repair ties with newly elected President Donald Trump, with the company also recently pledging $1m to Trump’s [...]
Microsoft and Meta stocks slip as investors demand more October 31, 2024 Microsoft and Meta stocks have tumbled in after-hours trading despite both tech giants posting better-than-expected results yesterday. Microsoft reported a 16 per cent revenue increase to $65.6bn (£50.5bn) against a forecasted $64.5bn (£49.7bn), fuelled by its cloud services which grew by 33 per cent. Earnings per share (EPS) came in at $3.30 (£2.54), easily beating [...]
Lloyds boss Charlie Nunn says Meta is not doing enough to tackle scams October 13, 2024 The chief executive of Lloyds Banking Group has joined calls for technology firms like Meta to do more to clamp down on a surge in scams originating from social media.
Mark Zuckerberg-backed Yoto almost doubles sales as loss cut September 23, 2024 Turnover at kids audio platform Yoto, which is backed by Mark Zuckerberg and his wife, almost doubled during its latest financial year as its pre-tax loss was cut, it has been revealed. The business, which is the creator of the Yoto Player and Yoto Mini for children, has posted a turnover of £50.9m for 2023, up from [...]
Ofcom launches review as online news overtakes TV for first time September 10, 2024 Ofcom’s annual study shows that 71 per cent of adults in the UK now get their news online, just pipping the 70 per cent that get it on the box.
Zuckerberg regrets bowing to White House pressure during Covid-19 August 27, 2024 Meta boss Mark Zuckerberg has said he regrets bowing to the White House over content which it censored during the Covid-19 pandemic.
Meta: Watchdog greenlights changes to advertiser data rules on Facebook August 20, 2024 The UK’s competition watchdog has given the green light to new commitments from Meta to better protect the data of advertisers on Facebook. Since June 2021, the Competition and Markets Authority (CMA) has been looking into whether Meta has unfairly data from its advertising services to give its Facebook Marketplace an edge over competitors. After [...]
Huel and Zoe adverts featuring Dragons’ Den star Steven Bartlett banned August 14, 2024 Adverts featuring Dragons’ Den star Steven Bartlett for nutrition brands Zoe and Huel have been banned after it was ruled they failed to disclose their commercial relationship with the celebrity entrepreneur. The Advertising Standards Authority (ASA) has said the adverts, which were seen on Facebook in February, “omitted material information” about their links to Bartlett. [...]
Click a Snap eyes AIM listing to help it pay its users for content June 24, 2024 A fledgling social media site that pays its contributors whenever someone views their images is hoping to take on the likes of Instagram and Tiktok as it explores a London float that could see it valued at £25m.
Social media giants in the spotlight as parties throw money at online ads June 5, 2024 Social media companies’ political advertising policies are likely to come under increasing scrutiny as UK political parties throw more money at online ads in the run up to the election, Jess Jones writes