Facebook will create a product team to work on the “metaverse,” a concept related to VR and AR that involves creating digital worlds that multiple people can inhabit at the same time. Facebook is heavily investing in AR and VR
Former President Donald Trump announced he is suing Facebook, Twitter and Google, as well as their respective CEOs Mark Zuckerberg, Jack Dorsey and Sundar Pichai. Shortly after the news conference wrapped, Trump’s political entities started sending out fundraising messages that
KEY POINTS Amazon, Apple, Facebook and Google could be forced to overhaul their business practices under an expansive set of antitrust reforms introduced by a bipartisan group of House lawmakers on Friday. The package of five bills would make it
KEY POINTS Apple announced several new features for iMessage and FaceTime, including a way for you to co-watch streaming movies with a friend over your phone. The new features will launch this fall as part of Apple’s iOS 15 update
KEY POINTS The G-7 backed a U.S. proposal that calls for corporations around the world to pay a minimum 15% tax on profits. The reforms, if finalized, would affect the world’s largest companies with profit margins of at least 10%.
KEY POINTS Facebook on Friday announced that it may allow former President Donald Trump’s Facebook and Instagram accounts to be reinstated in January 2023. At that time, the social media company will reevaluate whether the risk to public safety of
New Delhi (CNN Business)The biggest names in tech are locked in an increasingly tense stand-off with India over strict new social media rules they fear will erode privacy, usher in mass surveillance and harm business in the world’s fastest growing
LONDON — The European Union needs to be more ambitious in its control of Big Tech and smaller acquisitions that often go under the radar, Germany, France and the Netherlands said on Wednesday. The 27-member bloc is currently discussing new
KEY POINTS Diem, the digital currency project backed by Facebook, has abandoned plans to secure a payment license from Switzerland’s FINMA watchdog. The organization will move its operations to the U.S. and has partnered with crypto-friendly bank Silvergate to issue
Mark Zuckerberg spent the majority of Facebook’s Wednesday earnings call outlining the company’s e-commerce strategy, which will be crucial to how the social media company grows its ad business in the wake of one of the biggest changes to mobile ad targeting.