Facebook and Instagram are hotspots for fake luxury goods: Research

Facebook-owned Meta platform is struggling to stop fake luxury goods on its app. According to academics, industry groups and investigators, Meta’s platforms have emerged as hotspots for criminals dealing in counterfeit luxury goods. Benedict Hamilton, managing director of a private investigation company, says that Facebook and Instagram are the main marketplaces where counterfeit goods are…

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YouTube is planning to enter NFT and Metaverse, what will happen to the goal of becoming carbon free?

YouTube is ready to integrate elements like non-fungible tokens (NFT) and metaverse into its platform. YouTube, with two billion users worldwide, will also bet on the ‘Web3 bandwagon’. Web3 will be supported by blockchain technology. It is also considered to be the internet of the future. YouTube’s Chief Product Officer, Neil Mohan, wrote in a…

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Appeal to investors to vote against Apple CEO Tim Cook’s huge salary

Proxy advisory firm ‘Institutional Shareholder Services’ (ISS) has requested Apple Inc investors to vote against the remuneration of Chief Executive Officer ‘Tim Cook’. In this, concerns regarding Tim’s equity award and structure were cited. Apple will hold its annual shareholder meeting in the first week of March. ISS said in the letter on Wednesday that…

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