Snapchat is estimated to have lost the maximum amount of revenue as a percentage of its business
Company will now be 'metaverse-first, not Facebook-first' says Zuckerberg
Move comes as CMA fines Facebook £50.5 million over refusing to provide information related to Giphy purchase
Company cites 'significantly more challenging operating environment and greater compliance requirements' as reason for pulling out
AI today is very bad at understanding a first-person point of view. Facebook wants to change that, and hang the privacy concerns
The fault affected more than 3 billion people and cost Mark Zuckerberg approximately $7 billion
The firm chooses profits over safety, Frances Haugen alleges
Move comes after Facebook accused of ignoring its own research into harm to children's wellbeing caused by Instagram
A report claimed last week that Facebook was allowing high-profile users to break some or all of its rules
5.8 million high-profile individuals on 'XCheck' are protected from content moderation