Meta to appeal watchdog’s ruling on Giphy acquisition January 5, 2022 Facebook owner Meta has applied to be able to appeal a ruling by the competition watchdog this morning that said it must sell popular animated images platform Giphy.
Apple hands out £130k bonuses as it fends off Meta engineer grab December 30, 2021 Apple has handed out bonuses of up to $180,000 (£133,000) as it tries to fight off rivals for engineering talent. It comes as Facebook owner Meta Platforms is looking to build a team of thousands to build its virtual world. According to The Times, Zuckerberg’s company has hired about 100 engineers from Apple over the past [...]
Facebook says it’s behind the £45m deal for Meta name rights December 13, 2021 Meta, the owner of social media network Facebook, is behind a $60m (£45m) deal to acquire the trademark assets of U.S. regional bank Meta Financial Group, spokespeople for the companies said this evening.
Meta builds social reality space Horizon Worlds December 10, 2021 Meta (Facebook) has released its first social reality space, Horizon Worlds, after a year of testing.
UK regulator on course to block Meta’s Giphy deal November 29, 2021 The UK's competition regulator is reportedly planning to block Meta's Giphy deal as it amps up pressure on Big Tech.
UK antitrust chief relies on EU in global drive to regulate big tech November 26, 2021 The head of Britain’s antitrust watchdog said he plans to pick his battles with tech companies carefully as the EU takes a leading role.
Facebook Marketplace a hotbed for scams warns Natwest November 25, 2021 People doing their Christmas shopping online should beware of scammers on social media sites according to new Natwest data.
Lucrative for luxury: Metaverse could untap $50bn for brands by 2030 November 16, 2021 Opening the door to the Metaverse to meet the growing digital demand for luxury goods will present brands with a $50bn revenue opportunity within the decade, according to a new analysis by Morgan Stanley. In projections that are slightly difficult to compute right now, considering revenue streams for digital mediums for luxury brands are currently [...]
Microsoft announces its own metaverse November 2, 2021 Microsoft has said that in the first half of next year, users of its Teams collaboration software would be able to appear as avatars in video meetings, signalling a shift to the metaverse.
Hello Meta: Zuckerberg announces Facebook’s new name October 28, 2021 Facebook’s chief executive Mark Zuckerberg announced in his keynote address that the company starting today will be called Meta. “Facebook is one of the most used products in the history of the world and it’s an iconic social media brand but increasingly it just doesn’t encompass everything that we do,” Zuckerberg said. “I want to [...]