Facebook parent Meta (FB) is warning Ukrainian users that a Russia-linked hacking group is trying to take over user high-profile accounts to spread disinformation about Russia’s invasion. According to Nathaniel Gleicher, head of security policy at Meta, a Belarus-based group, known as Ghostwriter, is trying to compromise high-profile Ukrainians’ user accounts to sow discord among the local population amid Russia’s physical attack. “They were targeting and taking over, or attempting to… Source link
Read More »Google, Meta, FIFA, and other private companies rush to cut ties with Russia
Google, Meta, FIFA, and other private companies rush to cut ties with Russia | Fortune … Source link
Read More »Google joins YouTube, Meta, Twitter in restricting Russian state media ads
Google announced late Saturday it is blocking Russian state media channels from selling ads due to the invasion of Ukraine. Why it matters: The move came hours after YouTube, which is owned by Google, said it was blocking Russian state media channels, including RT, from selling ads on YouTube globally or being accessible in Ukraine. Twitter and Facebook have announced similar efforts to restrict Russian state accounts from being able to spread disinformation via advertising. Details: A Google… Source link
Read More »War in Ukraine Could Benefit Meta, Google, and Twitter Stocks. Here’s How.
Russia’s invasion of Ukraine threatens a humanitarian disaster of catastrophic proportions. Already, hundreds of casualties have been reported, and thousands of people have fled the country. It could get much worse. The war in Eastern Europe, like all conflicts, is devastating. But it’s also hard to turn away from. Millions of people around the world have tuned into social media sites over the past few days as a modern war has played out in real time. All… Source link
Read More »Explained: Why Apple and Google privacy changes have hurt Meta
For years, internet giants that have provided “free” services, had their business models hinged on collecting user data and monetising it in the form of advertisements. Recent global incidents that have put the spotlight on data privacy issues have also forced internet companies to make amends to their methods in order to give their users a better handle on their online data. At the same time, these big-tech firms such as Facebook, Apple, Google and Amazon have also come under antitrust… Source link
Read More »Forget Apple and Google. Meta Has Another Existential Threat on the Horizon.
Text size Investors in Meta have been taken on a wild ride this month. There are more threats ahead. Chris Delmas/AFP via Getty Images … Source link
Read More »Facebook parent Meta botched its coming out party for the metaverse
This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, February 16, 2022 Meta wants to sell us the metaverse without saying what it is Facebook parent Meta (FB) is banking on the metaverse to save it from plateauing user numbers and competition from the likes of TikTok. But the social media giant blew its first real chance at giving the… Source link
Read More »Peter Thiel to Leave Meta Board to Pursue Trump Agenda
(Bloomberg) — Peter Thiel, the tech investor and conservative provocateur who has advised Mark Zuckerberg for nearly two decades at Facebook parent Meta Platforms Inc., will step down from the company’s board after Meta’s annual shareholder meeting in May. Most Read from Bloomberg Thiel, 54, who became a director in 2005 after an early investment in Facebook, plans to increase his political support of former President Donald Trump’s agenda during the 2022 election and doesn’t want his… Source link
Read More »What to know about the Apple privacy changes that crushed Facebook parent Meta
Shares of Facebook parent Meta were hammered Thursday, falling 26% after the company revealed that privacy changes Apple made to its iOS platform last year have begun to sink their teeth into the social networking giant’s bottom line. During its Q4 earnings report released Wednesday, Meta CEO Mark Zuckerberg explained that Apple’s App Tracking Transparency feature, or ATT, will cut $10 billion out of Meta’s earnings in 2022. Apps like Snap and Pinterest, however, appear to be fairing better in… Source link
Read More »Meta stock is ‘probably dead money’ in the short term, says top tech analyst
Facebook shares are likely to stay in the penalty box for some time in the wake of a lackluster fourth quarter and even worse 2022 outlook as Apple privacy changes and a surging TikTok take their collective toll on profits. “Shares are probably dead money at this level of growth for at least the next three months,” said top tech analyst Mark Mahaney of EvercoreISI on Yahoo Finance Live. Meta shares were rocked to the tune of 25% on Thursday’s session, and rightfully so most analysts… Source link
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