Mark Zuckerberg
Global tech

Meta’s Facebook subsidiaries have been smacked with $20 million in fines for misleading users over a free VPN that was harvesting data

- July 26, 2023 3 MIN READ

Two subsidiaries of social media giant Meta, Facebook Israel and Onavo Inc, have been fined $10 million each for misleading conduct, in breach of the Australian Consumer Law, over a virtual private network (VPN) service that was used to gather data on users and share it with Facebook’s marketing team.  Consumer watchdog the ACCC launched… Read more »

Meta
Social Media

Meta wants to charge the combined cost of Stan, Binge and Netflix subscriptions just to be verified on Facebook and Instagram

- February 21, 2023 2 MIN READ

Meta will trial a new subscription service for Facebook and Instagram users in Australia, at a cost of just under $25 per month. Meta CEO Mark Zuckerberg announced the trial of Meta Verified on Monday morning, with Australia and New Zealand to be the first testing grounds for the service. The monthly subscription service will… Read more »

Mark Zuckerberg
Global tech

America’s pioneering tech giants are shedding 25,000+ jobs as Chinese rival TikTok looks to double in size

- November 17, 2022 3 MIN READ

More than 25,000 jobs are set to be cut at three of the biggest tech companies in the world, as rapid growth during the pandemic slows and broader economic headwinds pick up speed. Reports emerged this week that Amazon is planning to lay off about 10,000 people, on the back of Facebook parent company Meta’s… Read more »

Gina Cass-Gottlieb
Politics

The ACCC wants tougher controls over tech titans Meta, Google, Apple and Amazon to tackle scams and fraud

- November 14, 2022 3 MIN READ

The Australian and Consumer Competition Commission (ACCC) wants tougher regulations to tackle issues such as online scams, dodgy apps and fake reviews, putting the onus on major tech companies such as Meta and Google to address the harms caused to consumers, and small businesses. The ACCC’s fifth report in its five-year Digital Platform Services Inquiry proposes… Read more »

Mark Zuckerberg
Business

Facebook rebrands its parent company as ‘Meta’ as it looks dominate the metaverse

- October 29, 2021 4 MIN READ

Facebook chief executive Mark Zuckerberg has announced the company will change its name to Meta, saying the move reflects the fact the company is now much broader than just the social media platform (which will still be called Facebook). The rebrand follows several months of intensifying discourse by Zuckerberg and the company more broadly on… Read more »