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Deputy Finance Minister plans to tax Facebook, Youtube, online trading companies
Add a CommentThe Deputy Finance Minister Dr Alex Ampaabeng, has proposed that online trading companies should be taxed to bolster the economy. He noted that these companies, both local and international, generate significant revenue from their Ghanaian clients, which underscores the necessity … Read more →
Facebook is 20 years: The inside story here
Add a CommentFacebook, now Meta, started from humble beginnings 20 years ago, on February 4, 2004. A college sophomore, Mark Zuckerberg, launched the site from his Harvard dorm room, unaware of what the company would become. Currently, Meta has a market value … Read more →
Facebook owner Meta plans to create Twitter rival
Add a CommentMeta has shown staff plans for a text-based social network designed to compete with Twitter, sources have told the BBC. It could allow users to follow accounts they already follow on Instagram, Meta’s image-sharing app. And it could potentially allow … Read more →
Meta lay-offs: Facebook owner to cut 10,000 staff
Add a CommentMeta, which owns Facebook, Instagram and WhatsApp, has announced plans to cut 10,000 jobs. It will be the second wave of mass redundancies from the tech giant, which laid off 11,000 employees last November. Meta chief executive Mark Zuckerberg said … Read more →
Donald Trump to be allowed back onto Facebook and Instagram
Add a CommentDonald Trump will be allowed back on to Facebook and Instagram, after Meta announced it would be ending its two-year suspension of his accounts. The suspension will end “in the coming weeks”, the social media giant said. In a statement, … Read more →
Facebook-owner Meta to cut 13% of its workforce
Add a CommentMeta, which owns Facebook, Instagram and WhatsApp, has announced that it will cut 13% of its workforce. In total 11,000 employees are to be laid off from its worldwide headcount of 87,000 people. In a statement, Meta chief executive Mark … Read more →
Facebook owner Meta in first ever sales fall
Add a CommentThe owner of Facebook and Instagram was hit by a fall in advertising sales in the three months to July which caused the first year-on-year revenue decline in the firm’s history. Meta’s total revenue slipped 1% to $28.8bn (£23.7bn), but … Read more →
Facebook pays fines to Russia over banned content
Add a CommentFacebook has paid 17 million roubles ($229,643) in fines owed in Russia for failing to delete content Moscow deems illegal, the Interfax news agency reported on Sunday, but with the threat of a potentially larger fine looming. Facebook parent Meta, along … Read more →
Facebook tells LA police to stop spying on users with fake accounts
Add a CommentFacebook has written to the Los Angeles Police Department (LAPD), demanding that it stop setting up fake profiles to conduct surveillance on users. This comes after the Guardian revealed that the US police department had been working with a tech firm, … Read more →
Facebook to hire 10,000 in EU to work on metaverse
Add a CommentFacebook is planning to hire 10,000 people in the European Union to develop a so-called metaverse. A metaverse is an online world where people can game, work and communicate in a virtual environment, often using VR headsets. Facebook CEO Mark … Read more →
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(Nana Kwesi)