Earnings results from the Q2 reporting cycle are mixed. Some are good, and some are bad.
Meta said Tuesday (Aug. 27) that it will shut down Meta Spark, its platform offering third-party tools and content, on Jan. 14. When the platform is shut down, the augmented reality (AR) effects built by third parties that it hosts will no longer be available, the company said in a Tuesday blog post.
Meta Platforms will shut down the augmented reality studio that third-party creators used for making custom Instagram and Facebook effects, the social media giant said on Tuesday, as it prioritizes spending in other areas including AI.
Meta (META) CEO Mark Zuckerberg said the U.S. government pressured the company to "censor" some content from its social media platforms.
Mark Zuckerberg has claimed that senior officials within the Biden administration "repeatedly pressured" Meta to "censor" COVID-related content during the pandemic.
Meta said it's shutting down its augmented-reality studio Spark early next year. The feature allows AR developers to make custom effects for apps like Instagram and Facebook.
Meta Platforms (META) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Meta Platforms CEO Mark Zuckerberg has revealed that senior officials from the Biden administration pressured his company to censor COVID-19-related content during the pandemic.
Meta boss regrets bowing to government power and says he would not make the same choices today
The Biden Administration "pressured" Facebook-parent Meta to "censor" content related to Covid-19, the social media giant's CEO Mark Zuckerberg had alleged. Zuckerberg said it was ultimately Meta's decision to take down any content, but he noted he believes that the so-called "government pressure was wrong.
Meta Platforms CEO Mark Zuckerberg said senior officials in the Biden administration had pressured his social media company to censor COVID-19 content during the pandemic, adding that he would push back if this were to happen again.
Meta CEO Mark Zuckerberg believes US government pressure on his social media platforms to take down certain COVID-19 content in 2021 was "wrong," and said he would resist similar attempts in the future, according to a letter submitted to a US congressional committee.