The cryptocurrency market sees $160B evaporating as its market value drops 8.8 percent to $1.65T from $1.81T in less than two days.
A recent report from the Center for Countering Digital Hate has found that social media companies are endangering Muslim communities by normalising abusive behavior online.
EU member states have finalised new legislation that will better combat abuses of the internet such as hate speech and disinformation campaigns.
The move came after French data watchdog CNIL slapped the tech giant with a $162 million fine in January for making it harder to reject cookies than to accept them.
Facebook owner Meta Platforms is beginning to test tools for selling virtual assets and experiences within its virtual reality platform Horizon Worlds, a key part of its plan for creating a metaverse.
With the Russian offensive in Ukraine continuing in its 26th day, Moscow's forces use long-range missiles at cities and military bases while Ukrainian forces try to sever their supply lines.
Australia's consumer protection commission has accused Meta of "false, misleading or deceptive conduct" in breach of consumer or securities laws.
Global tech giant Meta bends its rules regarding violent speech on its platforms, allowing statements like "death to Russian invaders" in reaction to Moscow's assault on Ukraine.
The list of global companies cutting ties with Russia continues to grow as sanctions against Moscow rack up over its attacks on Ukraine.
Rights groups have for years raised alarm over online hate speech and misinformation stoking anti-Muslim tensions in India, Facebook's largest market by the number of users.
Facebook owner Meta uncovers half a dozen private surveillance firms, mostly Israeli, saying all of them collectively targeted nearly 50,000 users across its platforms in more than 100 countries.
The metaverse will be the most god-like technology we have ever seen and our “medieval institutions” are already struggling to understand the elements of it.
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