Trump backer exits Facebook

EditorNews Make a Comment

MENLO PARK, CALIFORNIA, Tuesday: Tech billionaire and NZ citizen Peter Thiel will step down from the board of Meta, the parent company of Facebook, after 17 years, according to a report in NZ online title BusinessDesk.

Raising the bar

EditorNews Make a Comment

AUCKLAND, Sunday: “Long drinking sessions were actively encouraged in my UK Territorials unit,” wrote Herald on Sunday business columnist Paul Catmur at the weekend.

About Face

EditorNews Make a Comment

MENLO PARK, CALIFORNIA, Monday: Facebook has lost daily active users for the first time in its 18-year history while advertising revenue growth has slowed to the third-lowest level ever, according to the latest data from parent company Meta (reported by WARC).