ALL POSTS FILED UNDER: META
Meta removes 63,000 Instagram accounts in Nigeria over ‘sextortion’ scams
Add a CommentMeta Platforms said on Wednesday it had removed about 63,000 accounts in Nigeria that attempted to engage in financial sexual extortion scams mostly aimed at adult men in the United States. Nigerian online fraudsters, known as “Yahoo boys,” are notorious for … Read more →
Nigeria fines Meta $220 million for violating consumer, data laws
Add a CommentNigeria fined Meta Platforms $220 million, its competition watchdog said on Friday, after investigations showed data-sharing on social platforms violated local consumer, data protection and privacy laws. Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) said Meta appropriated the data of … 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 →
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 →
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(Nana Kwesi)