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The Australian billionaire is taking legal action against Facebook

Australian billionaire Andrew Forrest has filed a lawsuit against Facebook alleging that the tech giant has violated anti-money laundering laws by not cracking down on fraudulent ads that used its image. According to these allegations, Facebook allegedly did not take sufficient steps to stop criminals from using its social media platform to send fraudulent advertisements …

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The number of active Facebook users is falling for the first time in 18 years

Social media giant Facebook has faced for the first time in its 18-year history the decline of active users. The company warned of declining profits in the face of competition from rivals like TikTok and YouTube, while advertisers are cutting costs. Following the announcement, the value of Meta’s shares has fallen by 20 percent, a …

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Apple, the first company to reach a market value of $ 3 trillion

American technology giant Apple has become the first company that is estimated to have a market value of 3 trillion dollars. According to the BBC the firm’s share price has risen by about 5,800% since co-founder and former chief executive Steve Jobs unveiled the first iPhone in 2007. Apple is one of the companies that …

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