SEOUL, Mar. 8 (Yonhap) — South Korea’s antitrust watchdog has taken steps to penalize Meta Platforms Inc. for allegedly failing to protect local consumers on its e-commerce platforms of Facebook and Instagram, sources said Friday. The Fair Trade Commission (FTC) has concluded its investigation into Meta’s purported violations of South Korea’s e-commerce law and subsequently [...]
SEOUL, Feb. 28 (Korea Bizwire) — Facebook founder Mark Zuckerberg will likely meet with business officials from leading South Korean tech companies and startups, including Samsung Electronics Co., during his visit to Seoul, industry sources said Wednesday. The CEO of Meta Platforms, Facebook’s parent company, arrived in South Korea on Tuesday night following his visit [...]
SEOUL, Feb. 9 (Korea Bizwire) –With Facebook recently marking 20 years since its launch, the once-dominant social media platform has seen its monthly active users on the mobile app in South Korea dip below the 10 million mark for the first time since May 2020, when mobile big data company IGAWorks began its combined app [...]
SEOUL, Dec. 10 (Korea Bizwire) – The number of monthly active users on two social media platforms of U.S.-based Meta has fallen recently, reflecting the rising woes over fake news and scams on these services, data showed Sunday. According to the mobile index data from industry tracker IGAWorks, the number of active Instagram users came [...]
SEOUL, April 13 (Korea Bizwire) — U.S. tech giant Meta Platforms Inc. on Wednesday released a report analyzing the mutual interactions of users worldwide connected through Facebook and Instagram. The report identified four primary cultural trends for this year and the future: exploratory identities, refined relationships, assertive aspirations, and lived values. The report showed that [...]
SEOUL, March 9 (Korea Bizwire) — The number of Facebook users in South Korea fell to a record low last month as a growing number of young people opted to use Instagram and other social media platforms, industry data showed Thursday. Facebook had a combined 9.79 million South Korean monthly active users (MAU) on the [...]
SEOUL, Feb. 21 (Korea Bizwire) — The number of monthly users of the U.S. social media network Facebook, once the most popular social media service for Korean users, has been on a downward trend for several years. Facebook’s domestic monthly active users (MAU), based on data from both Android and iOS devices, stood at 10,056,845 [...]
SEOUL, Aug. 19 (Korea Bizwire) — Facebook, the U.S. social media network operated by Meta Platforms Inc., has seen an over 25 percent decline in the number of monthly active users (MAU) in South Korea across the past two years, an industry analysis report showed Friday. According to Mobile Index, the big data analysis unit [...]
SEOUL, July 28 (Korea Bizwire) — Meta, the operator of Facebook, on Thursday withdrew a controversial plan to deny access to users of its famous platform if they do not accept the terms of its privacy policy update, a government official said. The decision came as the Personal Information Protection Commission has been looking into [...]
SEOUL, July 22 (Korea Bizwire) — The Personal Information Protection Commission is looking into whether the upcoming privacy policy update by Meta, the operator of Facebook, runs afoul of domestic law and will take action if any irregularities are found, officials said Friday. Meta has since late May sent out notifications to South Korean users [...]