The downturn followed an already poor year for tech companies, which were among the top gainers during the pandemic’s early phases.
Instagram has launched an in-app feature allowing professional accounts to schedule posts in the app.
The report noted that the number of Meta employees expected to lose their jobs could be the “largest to date at a major technology corporation.”
The Amber alert device will help with information sharing on Facebook and Instagram whenever a child goes missing.
The fine could be as much as A$555,000 ($383,000). daily
Also, there will be an increase in the number of group members allowed on a group voice call from eight to 32.
In February, Australian billionaire Andrew Forrest sued Facebook for allowing crypto scam adverts on its platform that used his character.
Earlier on Wednesday, Coca-Cola and Pepsi-Cola announced their exit from Russian market.
Other firms like the Boston Consulting Group and Bain Company have also stopped work for its Russian clientele, opposing Mr Putin’s war.
Nigeria has directed that foreign tech companies like Google “charge 7.5 per cent VAT on all taxable goods and services.”
