Tag: meta ceo mark zuckerberg

  • Meta’s X Rival Threads Has 130 Million Active Users Now |

    New Delhi: Meta’s CEO Mark Zuckerberg shared that Threads, Meta’s text-based conversation app, has achieved a milestone with over 130 million monthly active users. This figure surpasses the peak levels Threads experienced immediately after its launch in July 2023.

    During Meta’s earnings call, Zuckerberg expressed his optimism regarding Threads’ continued growth, emphasizing ongoing improvements and increasing user engagement. He highlighted that the current active user count exceeds the initial surge observed at the app’s launch. (Also Read: Dating In Digital Era: Russian Man Unveils ChatGPT’s Role In Crafting His Love Story, Read)

    Back in July 2023, Zuckerberg had ambitious plans for Threads, envisioning it as Meta’s next billion-user platform alongside established platforms like Facebook, Instagram, WhatsApp, and Messenger. While it’s still early days, Threads seems to be making significant strides. (Also Read: India’s Stock Exchanges Cut Paytm Daily Trading Limits To 10% After Rout)

    In comparison to X (formerly Twitter) with around 550 million monthly active users, Threads has room for growth. Meta is actively investing to scale the app, addressing initial usage decline issues by swiftly introducing key features like keyword search and multiple account support.

    Meta’s focused efforts on enhancing Threads with features such as editing capabilities, voice posts, improved discovery, and more have yielded positive results.

    Daily downloads nearly tripled to 28 million in December. The app’s expansion into the EU and increased integration with Instagram profiles further contributed to its growth.

    Looking ahead, Meta’s CFO stated that the company is committed to scaling Threads’ community even further by introducing additional features and enhancements throughout 2024.

  • FB, Instagram Collect All The Data They Can: Report |

    New Delhi: Meta-owned Facebook and Instagram are the two most privacy-invasive apps out there, a new report has revealed. The cybersecurity company Surfshark conducted research analyzing 100 popular apps, and they discovered that Facebook and Instagram were the most “data-hungry” of all.

    It ranked apps according to 32 criteria that are included in Apple’s privacy policy, such as payment information, browsing history, and exact location.” Since Instagram and Facebook are products of Meta Platforms, it’s no surprise these two apps collect and handle data the same way,” the researchers said. (Also Read: ‘We Have To Make Tough Choices’: Google CEO Sundar Pichai Hints More Layoffs In Coming Time)

    “Both apps collect all 32 data points defined by Apple and are the only two to do so,” they added. Facebook and Instagram used seven of the 32 user data points, including name, physical address, and phone number — for tracking. (Also Read: YouTube Trims Workforce, Lets Go Of 100 Employees In Latest Layoff Season)

    The remaining were connected to user identity but not used for tracking, the report noted. Although X (formerly Twitter) gathered less user data, it was the least reluctant to share it with outside parties.

    Nearly half of the 22 data pieces it gathered and associated with individuals were used for tracking. Overall, 10 social media and messaging applications were included in the research, and it was discovered that these apps collected more user data than the average amount.

    Meanwhile, a US judge has ruled that Meta founder and CEO Mark Zuckerberg must participate in a deposition as part of an ongoing lawsuit in Texas concerning the company’s face recognition technology.

    According to a ruling made by Justice Jeff Rambin on Tuesday, the state court has rejected Meta’s recent appeal “seeking relief from an order compelling the oral deposition” of Zuckerberg at an undisclosed date, reports CNBC.