Breaking Down the Billions: CCI Fine Shakes Meta
The Competition Commission of India (CCI) has fined Meta, the parent company of Facebook, Instagram, and WhatsApp, Rs. 213 crore for alleged antitrust violations. According to CCI, Meta engaged in unfair trade practices that violated India’s competition law. The investigation began last year and focused on allegations that Meta abused its dominant position in the…
Two Dozen Employees Get Fired From Meta, Here’s Why
In a wild turn of events, Meta, one of tech giants in the world, has fired around two dozen employees from its Los Angeles office for misusing company meal credits for personal things like buying laundry detergent, wine glasses, and acne treatment pads. Many of Meta’s corporate offices offer elaborate food services to its employees…
Mark Zuckerberg Net Worth: A Deep Dive Into His Fortune
Mark Zuckerberg, the name synonymous with Facebook, has become one of the most recognizable face in technology. From a college dorm room project to a global social media empire, Zuckerberg’s journey is nothing short of remarkable. But how much is Mark Zuckerberg net worth? Let’s explore the numbers behind the man who revolutionized online communication…
Instagram to Moderate Content for Teens on the Platform
On Tuesday, Instagram made a big announcement to protect young teens from danger and inappropriate content they encounter on the platform. The popular social media platform has implemented a new “teen account” setting that will turn millions of teens’ accounts into private accounts and moderate the content they can consume on the platform. According to…
The US Stock Market Declines: Here is the Reason!
Google’s parent company, Alphabet and Tesla, shared their earnings reports on Tuesday, leading to a big slump in the prices of these companies’ stocks. It has significantly affected the S&P 500 and the NASDAQ composite. Both indexes saw the most decline in a single day since 2022. The border index, S&P fell 2.31% to 5,427.13,…