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Meta

Meta sells Giphy to Shutterstock at a $262M loss

Shutterstock has entered into a definitive agreement to acquire Giphy from Meta, the company formerly known as Facebook, for $53 million.

Meta slapped with record $1.3 billion EU fine over data privacy — CNN

Meta has been fined a record-breaking €1.2 billion ($1.3 billion) by European Union regulators for violating EU privacy laws by transferring the personal data of Facebook users to servers in the United States, writes Hanna Ziady. 

Meta mulls a Twitter competitor codenamed ‘P92’ that will be interoperable with Mastodon — MoneyControl

Meta, the parent firm of Facebook and Instagram, is hashing out a plan to build a standalone text-based content app that will support ActivityPub,...

Global shipments of AR/VR headsets decline sharply in 2022: IDC

Global shipments for AR/VR headsets declined 20.9% year over year to 8.8 million units, according to IDC.

Instagram and Facebook launch new paid verification service, Meta Verified — NPR

Facebook and Instagram are launching a new subscription service that will allow users to pay to become verified, writes Roshan Fernandez. Here is the link:...