While founders of Microsoft, Alphabet Inc. and Uber Technologies Inc. have stepped aside, Zuckerberg who founded Facebook 18 years ago, still controls 58% voting shares & remains chairman.
In 2017 polls in same 5 states, key national & regional parties spent over Rs 300 crore on publicity. But, it seems that digital ad spends aren’t a big part of this expense head.
With Zuckerberg's long-term inability to build attractive new services in the face of growing competition, a new reality is sinking in: Facebook looks like a company in decline.
Meta shares plunged 22% in early US trading on the back of poor earnings results. At current levels, that’s the biggest collapse in market value for any US company.
Facebook parent Meta Platforms is not only losing consumers to TikTok but also seeing lower revenue from ads destined for the shorter format on its own apps.
The market for on-demand, digital tasks is estimated by the World Bank to be worth $25 billion, with Meta Platforms, Amazon, YouTube as some of the biggest buyers.
Meta says these companies spied on users in 100 countries. Those targeted included journalists, dissidents, critics of authoritarian regimes, and families of opposition & rights activists.
Meta allowed an 'out-of-control spread of anti-Rohingya content' despite repeated warnings from civil society groups and human rights activists, a complaint has claimed.
Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities.
In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.
The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.
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