Political News & Social Views

Tag: Facebook

How Peter Thiel’s Money Could Shape the Midterms for Donald Trump

The news of Thiel’s political ambitions arrived shortly after it was revealed that Trump entered 2022 with an unprecedented war chest of $122 million raised via donations to his political committees, hundreds of thousands of which have already been given to candidates endorsed by the former president.

Facebook: Daily active users fall for first time in 18-year history

Facebook’s parent company Meta Networks says DAUs fell to 1.929bn in the three months to the end of December, compared to 1.930bn in the previous quarter.

The firm also warned of slowing revenue growth in the face of competition from rivals like TikTok and YouTube, while advertisers are also cutting spending.

Meta’s shares slumped by more than 20% in after-hours trading in New York.

Facebook Is Rebuked by Oversight Board Over Transparency

Facebook’s Oversight Board offered strong words in a quarterly report released Thursday that called out the company for not revealing information about its new XCheck program for VIP users, designed to better protect celebrities, journalists, and human rights activists.

Facebook grilled over mental-health impact on kids

The committee opened by reiterating Facebook’s own research – first reported on by the Wall Street Journal (WSJ) – which found Instagram could have a negative impact on body image and self-esteem.