 
                  
Facebook Inc. rebrands itself by adopting the name ‘Meta’
The rebranding highlights Facebook’s foray into the metaverse business as it plans to expand itself as more than just a social media company.
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The rebranding highlights Facebook’s foray into the metaverse business as it plans to expand itself as more than just a social media company.
 
                  
Facebook’s Chief Operating Officer Sheryl Sandberg stated that the company’s performance would have been better if not for the impact of Apple’s iOS 14, which blocked ads from advertisers that were shown to users without their consent.
 
                  
The planned rebranding is not expected to affect the original Facebook social media service and app but it will be positioned under a new parent company which will also oversee Facebook’s other entities such as WhatsApp, Instagram, Oculus, and more.
 
                  
 
                  
 
                  
 
                  
 
                  
 
                  
 
                  
 
                  
 
                  
Facebook Inc. on Thursday said it is cracking down on private groups where hate or misinformation is shared among members. California based Facebook uses artificial intelligence (AI) to automatically scan posts, even in private groups, to take down pages that break its rules or in violation of the social network's standards.
 
                  
On Thursday, Facebook Inc. told Reuters that Apple Inc. rejected its attempt to tell users that the iPhone maker would take a 30 percent cut in revenue in a new online event feature.
 
                  
The Trump re-election campaign’s Twitter account, @TeamTrump, was briefly banned from sending new tweets after it posted a clip of an interview Trump did Wednesday with Fox News in which he said children were “virtually immune” from the COVID-19 coronavirus.
 
                  
ByteDance, the Chinese company that owns TikTok, accused Facebook Inc. of "plagiarism and smear," as it looks to go on the front foot following continued pressure on its business from the U.S.
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