Meta threatened to remove news from Facebook if the Journalism Competition and Preservation Act passes.
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Facebook will soon stop paying publishers for news as they redirect resources to the creator economy.
Meta is rethinking its deals with news publishers, potentially costing them tens of millions of dollars.
Meta stock dropped nearly 30% after the company returned lackluster results for Q4 and full year 2021 and an uncertain outlook for Q1 2022.
SInce the first social media platform in 1997, usage of social media has skyrocketed. Get the latest stats and data in our STAT PACK!
The UK’s CMA has directed Facebook to sell GIPHY due to antitrust concerns. Facebook refutes the claims.
Last week Facebook announced a rebrand – Meta – to better reflect their vision for the internet.
Google is testing a newsletter subscription service, Museletter.
Last week, the Federal Trade Commission amended its antitrust complaint against Facebook, alleging an illegal “buy-or-bury” scheme.
Four days after a federal court dismissed the FTC’s antitrust complaint against Facebook, lawmakers urge the FTC to keep fighting.
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