Techlomia

Facebook just announced its new name: Meta. This will be the new web address for updates on Facebook news feeds and pages. This is one big move for Facebook and Mark Zuckerberg sat down for a chat with analysts. The Financial Times' Jonathan Golopino reported the chat was "full of jargon", but the talk at least provided a bit of insight into the future of Facebook.  Meta is short for Meta tag, and it will be used in Facebook applications starting with the upcoming news feed update. Facebook is the largest social networking platform on the planet, and some are accusing them of creating something dangerous for society and people.  Mark Zuckerberg defended his social networking platform, saying it's not a business place, but instead a place for friendship and networking. He stated that Facebook would make a big update before the end of the year and hinted that the company might reveal something new about Facebook next spring. They may well t walk away with a brand new co...

While social media has been around for a while, it wasn't until the launch of Facebook that the field exploded. That means thousands of people have been using social media platforms for many years before Facebook even existed. As such, there's a lot to learn from these early adopters and how they used social media before Facebook was even a thing.  In 2003, Friendster was the leading social media site and once had three million monthly active users. After 2007, the site fell out of favor on social media, losing millions of users a month through the rise of sites like Facebook. In 2008, Facebook overtook the music-orientated social networking site Myspace in popularity, and Rupert Murdoch sold News Corp, the site in 2011, for $35 million to a certain media group, Justin Timberlake.    As Facebook became more popular, several social networks attracted users "attention, at least for a while. In the second half of the 2010s, an alternative social media site appeared due to gr...

Tech-savvy entrepreneur Elon Musk is set for an exciting ride. The value of his space exploration firm has increased to more than 100 billion dollars due to a secondary share sale the week before. CNBC reported that SpaceX investors sold upwards of $755 million in stock held by private companies for $560 a share. The most recent value of SpaceX shares at $560 each increased 33 percent in February when SpaceX offered each share for $410.99. February's fundraising round provided the company with a value of $74 billion. SpaceX has signed an agreement with existing and potential investors to sell its company as much as $755 million worth of shares for insiders at 560 dollars per share, as per numerous people who have been aware of the deal, which will boost its value the amount of $100.3 billion. The company is currently working on launching Starlink satellites into low-Earth orbit, providing the fastest Internet connectivity to the most remote regions of the globe and the Starship r...