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Meta Targets $135bn on AI Spending

Meta, the parent company of Facebook, plans to almost double its investment in artificial intelligence (AI) this year, signalling a major push to transform its operations and increase productivity. CEO Mark Zuckerberg told financial analysts on Wednesday that the company expects to

January 29, 2026

Business·News·Top Stories·World News

Instagram, Facebook, WhatsApp Users to Pay Under New Plan

Meta says it will begin testing premium subscription services across Instagram, Facebook and WhatsApp, as the company looks to expand paid offerings alongside its free social media platforms. The technology firm said the subscriptions would unlock additional features, including advanced artificial intelligence

January 27, 2026

Business·Top Stories·World News

Meta Faces Lawsuit for Accessing Private WhatsApp Messages

Meta is facing a lawsuit in the United States amid allegations that it can access and analyse private WhatsApp messages, despite long-standing assurances that the service is protected by end-to-end encryption. The case, filed on Friday at a federal court in San

January 27, 2026

News

Sowore, Lawyers Tackle DSS Over Demand to Ban Facebook Account

The confrontation between Nigerian activist Omoyele Sowore and the Department of State Services (DSS) has intensified after the security agency petitioned Meta Platforms Inc. To deactivate his Facebook account, accusing him of spreading false information and inciting unrest. In a September 6,

September 9, 2025

Meta Warns Users Against Holiday Shopping Scam

News·Technology

Meta To Sack Employees In Africa, Europe, Asia Starting Monday

Meta, the parent company of Facebook, Thread, WhatsApp and Instagram, has announced plans to sack more employees across its operations in Africa, Europe, and Asia starting Monday (today). This was made known in an internal memo sent to the company’s staff on

February 10, 2025

News·Technology·World News

Meta Agrees To $25m Settlement Over Trump’s Lawsuit

Meta has agreed to pay $25 million to settle a lawsuit filed by U.S. President Donald Trump. The lawsuit, which began in 2021, accused Meta of unlawfully silencing conservative voices after suspending Trump’s accounts following the January 6 Capitol attack. The settlement

January 30, 2025

News·Technology·World News

Meta Fined €91 Million By EU For Password Security Breach

Meta, the parent company of Facebook, has been fined €91 million ($101.5 million) by the European Union’s Irish Data Protection Commission (DPC), for storing user passwords in plaintext. The DPC launched an investigation five years ago, after Meta reported the issue, marking

September 28, 2024

News·Technology

Meta Removes 63,000 Social Accounts Linked To Nigerian Scammers

Meta said it has detected and deleted over 63,000 Instagram accounts and thousands of Facebook groups and pages that were used by scammers, also known as ‘yahoo boys’ for financial sextortion schemes in Nigeria. Prime Business Africa, reports that Meta, the parent

July 25, 2024

News·Technology

Mark Zuckerberg Predicts A World With Billions Of Personalised AI Agents As Meta Releases Llama 3.1 405B – Interview

Meta just released Llama 3.1 alongside its prized 405B model, achieving state-of-the-art performance across key benchmarks and becoming the first-ever open sourced frontier model, marking a major milestone in open source AI development. Rowan Cheung, the founder of the world’s largest AI

July 24, 2024

Business·News

Nigeria Fines Meta $220m For Data Violations

Meta Faces Significant Penalty Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has announced a $220 million fine against Meta Platforms for violating consumer and data protection laws. The penalty follows a 38-month investigation into Meta’s practices on its social platforms. Data

July 19, 2024

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meta

Meta Targets $135bn on AI Spending

Instagram, Facebook, WhatsApp Users to Pay Under New Plan

Meta Faces Lawsuit for Accessing Private WhatsApp Messages

Sowore, Lawyers Tackle DSS Over Demand to Ban Facebook Account

Meta To Sack Employees In Africa, Europe, Asia Starting Monday

Meta Agrees To $25m Settlement Over Trump’s Lawsuit

Meta Fined €91 Million By EU For Password Security Breach

Meta Removes 63,000 Social Accounts Linked To Nigerian Scammers

Mark Zuckerberg Predicts A World With Billions Of Personalised AI Agents As Meta Releases Llama 3.1 405B – Interview

Nigeria Fines Meta $220m For Data Violations

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