Meta, the company that owns Facebook, has reported a drop in revenue for the second quarter., the giant tech company’s revenue dropped by 1% to $28.8 billion, adding that in the third quarter these results could be worse.
“This is a period that demands more intensity, and I expect us to get more done with fewer resources,” Zuckerberg said. It’s been almost a year since Facebook rebranded to Meta, an idea that came after Mark Zuckerberg decided to focus on the metaverse, a fictional virtual world that is accessed through the use of virtual reality technology.Another company named Meta recently filed a lawsuit against the company
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Technology Technology Latest News, Technology Technology Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Digital Payments: Survey Reveals 35% South Africans Faced Phishing Scams - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and ReportsAccording to the Kaspersky Digital Payment survey, 35% of respondents from South Africa faced phishing scams when using online banking or mobile wallet services. 43% have personally encountered fake websites, and 59% experienced scams (via texts or calls) using social engineering. When asked about awareness of threats against digital payment methods, the majority of respondents […]
Source: ITNewsAfrica - 🏆 27. / 59 Read more »
South Africa's Cybersecurity Response Chairperson to Speak at #PubliSec2022 - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and ReportsIrene Moetsana-Moeng, the Director at South Africa’s Public Sector Agency & the Chairperson of the country’s Cybersecurity Response Committee has been confirmed as a speaker at this year’s Public Sector Cybersecurity Summit held on 2nd and 3rd August 2022. Moetsana-Moeng is an Information Technology and Cybersecurity executive with extensive experience across the Airline, Insurance industries […]
Source: ITNewsAfrica - 🏆 27. / 59 Read more »
Safaricom Hires 400 Software Developers - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and ReportsSafaricom, a Kenyan mobile operator network, has hired 400 software developers in 2022 to keep up with the demand for digital talent as digital businesses set up shops in the country. According to Business Daily, the new hires are 6.4 percent of Safaricom’s 6,230 permanent, temporary, and contracted employees at the end of last year. […]
Source: ITNewsAfrica - 🏆 27. / 59 Read more »
Amazon to Increase Prime Video Prices in Some Countries - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and ReportsAmazon, the giant tech company, is increasing prices for its Prime Video streaming platform in European countries. Amazon revealed its annual Prime cost will jump 20 percent in the UK from £79 ($94.78) to £95 ($113.97) from September 15th, in an email that was sent to customers. Here are all the European countries that will […]
Source: ITNewsAfrica - 🏆 27. / 59 Read more »
The Latest Trends of Bitcoin Trading in Morocco - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and ReportsBitcoin is one of the most popular cryptocurrencies in the world. It is also one of the most traded assets on digital currency exchanges. In Morocco, Bitcoin trading has become increasingly popular in recent years. This is likely due to a number of factors, including the country’s relatively stable political and economic environment, as well […]
Source: ITNewsAfrica - 🏆 27. / 59 Read more »
South African Online Payments Group Joins Forces with Samsung - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and ReportsOnline payment gateway PayGate, a subsidiary of South Africa’s DPO Group, has announced that it is enabling Samsung Pay as an additional payment method for its merchants. The mobile payment solution provides a secure and private way to make mobile payments – without having to hand over cash or share payment card details for each […]
Source: ITNewsAfrica - 🏆 27. / 59 Read more »