Finance

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Facebook, Instagram and WhatsApp could soon have specialized features available only to users willing to pay for them. Meta is forming a new division called New Monetization Experiences that will be solely focused on paid features for the company’s app, according to a memo The Verge. Wile Facebook and Instagram already have a number of […]

New Orleans Saints created an uproar on Tuesday in response to the team’s decision to trade C.J. Gardner-Johnson to the Philadelphia Eagles in exchange for a couple of future draft picks, having failed to reach an agreement on a long-term extension with one of their star defenders. Intriguingly, NFL Network’s Tom Pelissero reports that the […]

Wee one of the 2022 college football season has arrived, and the Oklahoma Sooners have released their first depth chart ahead of their opener against the UTEP Miners. One of the goals of Brent Venables’ first offseasons with the Oklahoma Sooners was to create competition on the depth chart. Though several spots were solidified heading […]

The Houston Rockets and starting point guard Kevin Porter Jr. continue to share mutual interest in a potential contract extension this offseason, according to Kelly Iko of The Athletic. “Porter is extension-eligible this offseason, and both sides want to get a deal done before the new campaign kicks off,” Iko writes in a story published […]

A Mitchell-to-Houston trade isn’t implausible, but it’s hard to imagine it happening under anything close to those terms. Even if we concede that KJ Martin isn’t too valuable — after all, he appears to want out of Houston at the moment, and he doesn’t have a clear path to rotation minutes — look at the […]

Meta (FB), Facebook’s parent company, reported revenue of $28.8 billion for the three months ending in June, a 1% drop from the prior-year quarter and its first year-over-year revenue decline since going public in 2012. The company’s profit fell far more sharply. Net income during the quarter declined 36% year-over-year to nearly $6.7 billion, a […]

What’s happening Meta, Facebook’s parent company, shared data for the first time about the number of times it’s applied its newsworthiness allowance. The company will sometimes leave up posts that could violate its rules, if it determines the posts are newsworthy. Why it matters How Facebook balances newsworthiness with public safety has been an important […]

Zuckerberg will no longer be a named defendant in the suit, according to a joint court filing by Meta and the FTC dated Tuesday. As part of the agreement, Zuckerberg will not attempt to purchase Within in his personal capacity, the filing said. Within is the maker of a popular virtual fitness program known as […]

Technology Meta reaches $37.5 mln settlement of Facebook location tracking lawsuit A preliminary settlement of the proposed class action was filed on Monday. 24 August,2022 09:02 am (Reuters) – Meta Platforms Inc (META.O) reached a $37.5 million settlement of a lawsuit accusing the parent of Facebook of violating users’ privacy by tracking their movements through […]

Seemingly questionable debts hobbling a poor school in Soweto have found their way into the investment bank’s vast securitisation programme. Sasfin seemingly paid scant attention to the dubious underlying contracts on which the debt was incurred. This cautionary tale of alleged corruption and opportunism has now resulted in the financial Goliath pursuing a hapless David, […]


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