San Francisco News
Facebook, like other companies in a bumpy road before, announced a change in its name and logo. CEO Mark Zuckerberg on Thursday said Facebook Inc. takes a new name called Mata Platforms Inc., or in short, Meta, to mirror the company’s pledge to come up with a fresh technology that will surround the user, or the “metaverse.” The social network, meanwhile, will retain its name Facebook, as well as the company’s chief executive and senior leadership, AP News reported. Its corporate structure will still be the same and also the issue that the company has been dealing with. With its
Smartphone maker Huawei’s Honor has unveiled its first-ever smartphone, packed with Google software access and Qualcomm chips since it became an independent firm. The move becomes a significant step of the ex-Huawei brand as it targets to boost its market shares worldwide. The Honor 50, costing 529 euros ($614), will be unveiled in 40 markets globally. The said smartphone brand is Huawei’s budget-friendly product. A group of buyers patronized it in December, as well as the funds supported by Shenzhen, its home city government. In 2019 and 2020, the smartphone brand was targeted by U.S. sanctions which blocked its access
United States lawmakers are being encouraged by a former Facebook Inc employee to regulate the company citing the mental health harm of the social media to some young users, stirring up divisions and deteriorating democracy. On Tuesday, whistleblower Frances Haugen told a US Senate subcommittee that the social media site has deceived people multiple times regarding its recognized harm on girls due to Instagram, saying it also stroke division. “I’m here today because I believe Facebook’s products harm children, stoke division and weaken our democracy,” the whistleblower expressed in a statement before she testified on Capitol Hill. “Congressional action is
Apple’s TV+ service had less than 20 million subscribers in July, making it pay lower rates to production crew
Less than 20 million subscribers in the U.S. and Canada were registered to Apple’s TV+ service as of July, making it shell out lower rates to behind-the-scenes employees as compared to streamers who post more subscriptions, the International Alliance of Theatrical Stage Employees, a TV workers union, said. Unveiled in the fall of 2019, the Apple TV+ streaming service subscribers have never been disclosed by Apple. Analysts are hesitant to place their estimates but several claims that its scale lags behind others like Netflix and Disney+ which said they had 209 million and 116 million subscribers as of Q2, respectively.