Tag: Meta
Meta revives digital currency plans with stablecoin interest
Mark Zuckerberg has reignited his interest in digital currencies as Meta is reportedly looking to provide stablecoin payout functions on its social media platforms. Fortune...
EU slaps $700m fines on Apple and Meta for DMA breaches
The European Commission has determined that both Apple and Meta violated the Digital Markets Act (DMA), resulting in fines totalling $700m.These fines, representing the...
Revolut report states ‘social media platforms failing to address plaguing fraud’
Calls from UK financial institutions, like Revolut, continue to place more responsibility on social media companies to mitigate the rise in fraud circulating on...
Meta among banks and other tech groups to sign fraud data...
As fraud rates continue to rise in the UK, companies from the payments, telecommunications and technology sectors have agreed to share data across industries.This...
NatWest blocks staff usage of WhatsApp amid concerns over recordkeeping
UK bank NatWest has blocked its employees from using messaging service WhatsApp after confirming it is not an approved channel for conversing business matters. Other...
‘This isn’t a fight we will win alone’ – Britain loses...
A total of £571.7m was stolen by fraudsters in the UK in H1 2024, according to data released by the country’s trade body, UK...
Meta expands fraud prevention programme after NatWest and Metro Bank pilot
Calls for big tech and social media firms to join the fight against fraud seem to have been responded to, at least in one...
Meta and Spotify CEOs: EU’s AI competitiveness laws may achieve the...
The CEOs of two of the world’s largest tech enterprises, Meta and Spotify, have warned the European Union (EU) that its development and use...
Will Apple & Meta join the AI arms race together?
Both Big Tech giants Apple and Meta have made bold plans for Artificial Intelligence (AI) adoption no secret, but will they embark on this...
Money 20/20: Meta unveils the key ingredients behind subscription payments
“Everything is a subscription. Music, your dog food, razors, you name it, there’s probably a subscription behind it.”Vaishali Parekh, Product Lead at Meta, declared...
