If the Oculus headset if found to break child safety rules, Meta could face a fine of up to four per cent of its annual global turnover
Limiting the use of the technology to 'a narrow set of use cases' will be appropriate, it says
Meanwhile, whistleblower Frances Haugen has urged Mark Zuckerberg to step down as Facebook CEO
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
Move comes after Facebook accused of ignoring its own research into harm to children's wellbeing caused by Instagram
The social media firm has continued to benefit from a surge of users and advertising amid pandemic
All three executives have declined to take responsibility for spreading misinformation that resulted in the Capitol riots earlier this year
It will likely be similar to the Messenger Kids which was launched in 2017 for children aged between 6 to 12 years
The new platform will be initially introduced in the US and is aimed at taking on Substack and Medium