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2 mins read

Reddit's bet on AI is starting to pay off

Reddit's third-quarter revenue soared 68% to $348.4 million and it reported profit of 16 cents per …

Huileng Tan,Aditi Bharade   


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3 mins read

A decade and $22 billion later, Meta's big bet on messaging is finally starting to pay off

WhatsApp is helping Meta generate new revenue growth, and it shows how the company can benefit as u…

Sydney Bradley,Dan Whateley   


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3 mins read

A product manager behind Facebook's dating feature explains how it's looking to compete with apps like Tinder and Bumble

Facebook Dating reported 20% year-over-year growth in users. Here's what it's doing to attract user…

Sydney Bradley   


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3 mins read

Meta's Gen Z secret weapon is Facebook Marketplace

Facebook Marketplace could help Meta draw in Gen Z users looking for a bargain and who might have s…

Jordan Hart,Sarah Jackson   


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1 min read

Meta will charge EU users $13 a month for an ad-free Facebook and Instagram

The new subscription tiers, which roll out in November, are an attempt to comply with the EU's crac…

Tom Carter   


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2 mins read

Peloton fans are angry about a new 'Activation Fee' for anyone buying a used bike on Facebook Marketplace or Craigslist

Peloton fans are calling out the company for being "greedy" after it introduced a $95 activation fe…

Ana Altchek   


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1 min read

Meta's median pay for employees is $379,000 a year

Meta's median salary is significantly higher than many tech jobs, though on par with rivals like Go…

Camilo Fonseca   


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2 mins read

Meta scraps celebrity AI chatbots after less than a year, despite reportedly paying top creators as much as $5 million

Meta is shifting focus to its new AI Studio, which lets users create their own AI bots.

Beatrice Nolan   


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1 min read

Meta agrees to pay $90 million to settle a lawsuit alleging Facebook kept tracking users after they logged off

The lawsuit alleges Facebook used plug-ins and cookies to track users' visits to other websites con…

Sarah Jackson   


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1 min read

Meta will pay $725 million to settle a privacy lawsuit that accused Facebook of sharing users' data with consulting firm Cambridge Analytica

The settlement is "the largest recovery ever achieved in a data privacy class action," lawyers for …

Sawdah Bhaimiya   


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5 mins read

Sam Altman's OpenAI is paying publishers big money for content. That could be a lifeline or blow up in their faces.

OpenAI is making publishers a deal they basically can't refuse. It already took the content to trai…

Peter Kafka   


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4 mins read

TikTok's growth rate has collapsed. 'Life' may be getting in the way for its younger users.

TikTok's user growth lagged behind Snapchat, YouTube, Instagram, and even Facebook in the final qua…

Alistair Barr   


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1 min read

Shopify partners with Facebook to bring Shop Pay to Instagram

E-commerce platform Shopify has partnered with Facebook to bring its checkout and payment processin…

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1 min read

Facebook rolls out new chat themes and payment options in Messenger app for US users

The new chat themes are now available in Messenger and Instagram. "Transform the background o…

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1 min read

Instagram testing feed for only paid verified users

Taking a cue from Elon Musk-owned X which charges users and give them more controls, Meta-owned Ins…

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4 mins read

Google Pay has a solid lead over PhonePe, Paytm and Amazon Pay⁠ in India⁠— but its biggest challenge is yet to come

Google Pay had 75 million transacting users in May, while PhonePe had 60 million users and Paytm ha…

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2 mins read

A federal judge accused Facebook of 'gaslighting' users impacted by data breaches and fined the site and its lawyers nearly $1 million

Facebook was sanctioned as part of a class action suit against the site for sharing user data with …

Katherine Tangalakis-Lippert   


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3 mins read

Facebook will now pay you if you give access to your phone’s data

In case of Facebook Research and Onavo Protect, teenagers were paid $20 per month alon…

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3 mins read

Airbnb hosts are happily paying this startup $49 a month to take out the trash

Hosts or regular homeowners can outsource taking garbage bins to the curb, which is especially hand…

Dan Latu   


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1 min read

Facebook Pay arrives on online shopping platform Shopify

Facebook Pay is arriving on other online shopping platforms, starting with e-commerce platform Shop…