The company said this is will replace the company's current ticker symbol 'FB', which has been used since its initial public offering in 2012.
The company said it is also improving the look of Avatars, subtle adjustments have been made to certain facial shapes and skin shaders to make avatars more authentic.
In a notification sent to people who have used the feature in the past, the tech giant said it will stop collecting data associated with these features on May 31 and will wipe any stored data on August 1, reports The Verge.
Facebook's parent company Meta is also said to be prioritising short-video projects above other initiatives, likely due to increasing competition from popular short-form video app TikTok.
Between March 1-31, Meta received 656 reports through the Indian grievance mechanism for Facebook, and responded to 100 per cent of those reports.
Meta said that the strength of civic institutions has been declining long before social media was invented.
Snap (parent company of Snapchat) grew its revenue 38 per cent year-over-year to reach $1.06 billion for the quarter that ended March 31, 2022.
To kickstart Soundbites, Facebook is introducing an 'Audio Creator Fund' to support emerging audio creators and get early feedback on the new product experience.
Odisha is the first state in the country to be formed on linguistic basis. But these big tech giants such as Google, Facebook and Youtube have not recognized Odia as a language. Why?
Sending a message with /silent removes the anxiety of interrupting someone with a non-urgent pop-up notification or disturbing them during their off hours.
Incoming posts that contain content rated by third-party fact-checkers as false are declined before they are seen in the group, which helps reduce the visibility of misinformation.
Meta (formerly Facebook) on last weekend prohibited Russian state media from running ads or monetising on its platform anywhere in the world.
Meta earlier criticised Russia's move to restrict Facebook in the country, saying that it reacted in response to either Facebook's fact-checking practices and its policy of labelling state-run media accounts.
Russia's internet regulatory agency Roskomnadzor said that on February 24, Facebook social network (Meta Platforms) restricted the official accounts of four Russian media outlets.
Climate denial on Facebook has gotten even worse this year, according to a new study led by climate advocacy group Stop Funding Heat and the Real Facebook Oversight Board.
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