News

Instagram launches channels similar to Telegram; Zuckerberg unveils Meta Channel

Mark Zuckerberg launched channels on Instagram similar to Telegram – this and other important news by Friday morning, February 17, in our review.

In the latest news, Mark Zuckerberg has launched channels on Instagram similar to Telegram. Zuckerberg has created the Meta Channel, which already has over 260,000 subscribers as of the morning of February 17. However, to access the Zuckerberg channel, you must first subscribe to his main account on the social network.

Meanwhile, YouTube CEO Susan Wojcicki has announced that she is stepping down from her position. In a letter sent to employees and published on the company’s blog, Wojcicki confirmed that Neil Mohan will be the new chief executive and senior vice president.

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The U.S. Securities and Exchange Commission (SEC) has indicted Singapore-based Terraform Labs and its founder, Do Kwon, for defrauding investors of a multibillion-dollar cryptocurrency securities fraud. The allegations come almost a year after the collapse of the Terra Luna and Terra USD (UST) tokens, which wiped out more than $30 billion in a matter of days.

In other news, Applied Materials Inc. (NASDAQ:AMAT), a leading manufacturer of equipment for chip production, saw a 7% increase in revenue during the first financial quarter, which exceeded market expectations.