After 12 years as a board member of Meta Platforms, former COO Sheryl Sandberg has announced her departure, which will take place in May. Sandberg played a key role in the development of Meta, which became a global giant under her leadership. In an announcement on social media, she said that Meta is well prepared for the future and therefore ...
The Norwegian regulatory authority has assessed Meta Platforms a million-dollar fine, which it should pay every day, for collecting user data to target advertising. But the mother of Facebook and Instagram understandably doesn't like that, so it has asked the Norwegian court to stop enforcing the fine. The fine was set at NOK 1 million, which...
Facebook is, without exaggeration, a money factory. But not all areas of the business that the US company Meta Platforms is involved in are ideal. In particular, the virtual reality (VR) division is showing unflattering figures, which company boss Mark Zuckerberg sees a future in. So now VR is trying to get into positive numbers, basically d...
The General Data Protection Regulation, known as GDPR, has been in force in the European Union (EU) for five years. Since its introduction - that is, since 25 May 2018 - a number of fines have been issued for breaches of the regulation. So far, the sovereign highest one was levied by the EU against Meta Platforms for sending European user data t...
