Facebook: Latest News, News Articles, Photos, Videos - NewsBytes
Founded by Mark Zuckerberg and his college roommates on February 4th, 2004, Facebook has grown to 1.94 billion monthly active users as of March 2017. The social media giant is the most popular platform globally, also owning Instagram, Whatsapp, and Messenger. With headquarters in Menlo Park, California, Facebook continues to dominate the social media landscape.
Recent Updates
Meta Platforms, the parent company of Facebook, has expressed interest in using publicly shared social media content from Europe to enhance its artificial intelligence models. An image of a young woman in military attire seated in a wheelchair recently went viral on Facebook. In separate news, a former engineer at BrahMos Aerospace Pvt Ltd was sentenced to life imprisonment for spying on behalf of Pakistan's Inter-Services Intelligence.
Meta AI has been actively engaging in Facebook comments, providing unique summaries of user discussions. Meanwhile, the European Commission has initiated a formal investigation into Meta. The company's Marketplace has witnessed a surge in scam activities, raising concerns among users.
Technical Issues and Controversies
Facebook and Instagram are currently facing significant technical challenges, affecting user experiences. Allegations of hacked accounts being used to sell counterfeit tickets for events have also surfaced. Meta's automated advertisement platform, Advantage Plus shopping campaigns, has come under criticism for overspending on ad budgets.
Acclaimed screenwriter Aaron Sorkin hinted at a potential sequel to his 2010 film, 'The Social Network.' Garena Free Fire MAX, a popular battle royale game, has released redeem codes, attracting gamers worldwide.
Upcoming Changes and Initiatives
Meta is planning to reduce monthly subscription charges for Facebook and Instagram amidst privacy and antitrust concerns. The company is also looking to enhance user safety by combatting AI-generated images across its platforms.
Additionally, Meta aims to replace its data tool, CrowdTangle, with a new platform named Meta Content Library. These changes align with the company's commitment to improving user experiences and addressing regulatory challenges.
