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Meta: Facebook’s parent company slightly missed estimates, predicts a big drop in revenue

Facebook's parent company Meta's second-quarter results came in slightly below market estimates, but it downgraded its revenue estimates for the next quarter. Specifically, Meta reported earnings of $2.46 per share, while analysts were expecting $2.59, according to...

Facebook changes everything: 5 profiles for each user

A radical change of course - and rules - for Facebook. The platform is in fact testing the possibility of use multiple profiles with a single account. Contradicting in part - or at least heavily watering down - one of the cornerstones...

Europe can live without Facebook and Instagram

Ireland's data protection regulator has moved a step closer to a ruling that could halt EU-US data transfers from Meta-owned Facebook and Instagram, according to an updated draft shared with other EU regulators on Thursday, Reuters...

Meta’s new AI system can translate 200 languages

Meta, the owner of Facebook, has announced that it has created a new artificial intelligence model that can translate 200 different languages. The company even claims that the system with the characteristic name "No Language Left Behind...

USA-Meta: 30% fewer engineers will be hired this year

Facebook owner Meta Platforms Inc has cut its plans to hire engineers this year by at least 30%, CEO Mark Zuckerberg told employees yesterday as he warned them to prepare for a deep decline in the...

Instagram, ready for change?

Adam Mosseri, right arm of Mark Zuckerberg and head of Instagram, he has been very active in recent months with the announcements on his personal profile. The most important of the recent ones is the changing the graphics of the main newsfeed of...