Meta

Following this latest development, Zuckerberg's net worth now stands at an astounding $165 billion (approximately 13.70 lakh crore), overshadowing Gates' $124 billion (approximately Rs 10.30 lakh crore).

During the hearing, Snap CEO Evan Spiegel shared that 20 million teenagers use Snapchat in the US, with around 200,000 parents utilizing its Family Center supervision controls. Snapchat's Family Center allows parents to monitor their teens' friends and communications on the app. Approximately 400,000 teen accounts have been linked to a parent's account through Family Center.

Despite experiencing a decline in daily downloads from September to the end of the year, Threads saw a resurgence in growth in December. The app had an impressive launch, with 100 million people registering within its first five days.

In a blog post on Tuesday, Meta revealed that the content recommendation controls, named 'Sensitive Content Control' on Instagram and 'Reduce' on Facebook, will make it more challenging for individuals to encounter potentially sensitive content or accounts in areas like Search and Explore.

Meta recently provided users on Instagram and Facebook with more control over the content they see, and similar controls will be extended to Threads. Users in the US will have the ability to choose the default level of demotions on fact-checked content in their Feed on Threads.

This innovative image generator, initially showcased at Meta's Connect event in November, was initially integrated into Meta's AI chatbot. 'Imagine with Meta' leverages the Emu image generation model, Meta's existing technology that transforms text prompts into high-resolution images. The service is currently accessible for free to users in the United States, offering the generation of up to four images per prompt.

In response to these allegations, AMI has called on advertisers to redirect their campaigns toward media outlets that are perceived as "safe, reliable, and responsible," aiming to foster fair competition in the advertising landscape.