Meta pays Trump $25m to settle Facebook lawsuit January 30, 2025 Meta has agreed to pay $25m (£20m) to settle a lawsuit filed by President Donald Trump back in 2021 over his banned accounts. The president had sued Facebook and Instagram’s parent company, as well as its owner, Mark Zuckerberg, due to his accounts being suspended on its platforms. Meta had banned his accounts following the [...]
Elon Musk is wrong – we must never ‘move beyond’ the Holocaust January 27, 2025 Elon Musk addressed an AfD rally on the eve of Holocaust Memorial Day and said there was too much focus on Germany’s past. The rise of populism combined with the consolidation of the power of big tech should worry us all, says Jack Mendel This year’s Holocaust Memorial Day falls in the immediate aftermath of [...]
Apple, Google, Meta and Microsoft: The £30bn legal headache for Big Tech January 16, 2025 Headlines have been popping about class actions in the UK with the main target on the other side, Big Tech firms. But why them?
Meta oversight co-chair: ‘Huge problems’ with Zuckerberg changes January 8, 2025 The co-chair of Meta’s oversight board has said there are “huge problems” with some of the changes Mark Zuckerberg has announced to the social media platforms’ content moderation, adding that members of the board are “not on board” with many of the reforms. Helle Thorning-Schmidt, who, as well as her role with Meta’s independent oversight [...]
Zuck rediscovers love of free speech – just in time for Trump 2.0 January 8, 2025 Will Mark Zuckerberg’s drastic policy changes tempt me back to Facebook? Nope. I quit the platform in 2010, after a friend request from an uncle made me realise it was no longer just a safe space for sharing morning-after-the-night-before photos and gags with university pals. Having left the party 15 years ago, it’s been interesting [...]
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.