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Valentine's Day is a good opportunity for con artists and hackers to prey on those pouring their hearts out to strangers on social media or dating apps. So, be cautious while communicating with someone online and shield yourself from possible heartbreak. What Happened: Approximately $40 million was...

Facebook parent company Meta Platforms Inc (NASDAQ: META) is preparing for a fresh round of job cuts, and it has delayed finalizing the budgets of multiple teams, according to the Financial Times.  Over the past few weeks, the company has not provided necessary clarity...

Donald Trump Digital Trading Cards are seeing a sudden spike in floor price after Meta Platforms Inc. (NASDAQ: META) said it reinstated the former U.S. president’s accounts on Instagram and Facebook. What Happened: Trump cards saw a 20% surge as soon as the news broke out, showed data from...

Indonesia is in the process of drafting a regulation similar to Australia, after which Facebook, Google and other aggregators will have to pay media outlets to carry their content. What Happened: Indonesian Press Council member Arif Zulkifli said on Thursday that these aggregating platforms benefit...

Tesla CEO Elon Musk's ex-girlfriend Grimes says that Meta Platforms Inc (NASDAQ: META) CEO Mark Zuckerberg isn't the right person to run the metaverse. On Aug. 26, 2022, she went on Twitter to say Zuckerberg is "under qualified" to launch the metaverse.  Claire...

Major Wall Street indices closed in the green on Wednesday after the Federal Reserve dialed down the pace of its rate hike to 25 basis points on expected lines and Chairman Jerome Powell acknowledged inflation has begun declining. “We can now say for the first time that the disinflationary...

Meta Platforms has received approval from the court to acquire Within Unlimited, a virtual reality startup, despite the efforts of the U.S. Federal Trade Commission (FTC) to block the deal, Bloomberg reported. In a statement, Judge Edward Davila in San Jose, California, said, "The FTC has...

Social media and metaverse company Meta Platforms (NASDAQ: META) announced fourth quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: Meta Platforms reported fourth-quarter revenue of $32.17 billion, down 4% year-over-year. The revenue figure came...

Tom Brady has announced his retirement from the National Football League after 23 seasons in the league.  Brady previously announced his retirement from the league in February 2022 before deciding one month later that he would return. Brady said in his retirement video on social...

Meta Platforms Inc (NASDAQ: META) CEO Mark Zuckerberg is hinting at possible additional layoffs, after the social media giant announced 11,000 job cuts, or 13% of its total workforce, last November.  According to a recent report by the Command Line newsletter...

Donald Trump NFT sales are up 158%, following the news that Meta Platforms Inc. (NASDAQ: META) restored his Facebook and Instagram accounts. What Happened:  According to OpenSea data, the sales of Trump Digital Trading Cards NFTs reached 312. The volume reached 109 Ethereum (CRYPTO: ETH...

Meta Platforms Inc.‘s (NASDAQ:META) Facebook application and Messenger may get a few updates, which might make your experience on the platform more convenient.  What Happened: Social media expert Ahmed Ghanem took to Twitter to share a new feature that Facebook is testing to add to the...

Australian politicians and anti-hate groups are demanding the government ban Ye — formerly known as Kanye West — after reports over the weekend indicated that the rapper will visit Canberra soon.  What Happened: Australia's Anti-Defamation Commission said Ye is a "hate preacher" and must not be...

Donald Trump is said to be planning a comeback on Twitter after his campaign reportedly asked Facebook parent Meta Platforms Inc (NASDAQ: META) to reinstate the former president’s account. What Happened: “Trump is probably coming back to Twitter. It’s just a question of...

The owner of one of the largest social media platforms in the world shared his latest criticism of a rival platform. Could the comments keep people from the rival platform or have them avoiding social media all together?  What Happened: One of the biggest news stories of 2022 for the financial...