Facebook unveiled a bunch of new features for music lovers and more.
New deal shows “the value of the dynamic nature of independent music,” says Merlin CEO Jeremy Sirota
"This decision is flawed, unjustified and sets a dangerous precedent for the countless other companies transferring data between the EU and U.S.," said Meta's president of global affairs.
The company previously announced 11,000 job cuts in November.
"I got this wrong, and I take responsibility for that," Mark Zuckerberg writes in a memo to staff announcing a reduction of 11,000 employees.
The parent of Facebook and Instagram did, however, see its total daily active user base rise by 4 percent in the quarter to 2.93 billion.