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The Latest Breaking News from Meta

Marne Levine's exit loses Meta another female leader. Meet the exec who's taking over half her job

Nicola Mendelsohn will become head of Meta's global business group, inheriting responsibilities from departing chief business officer Marne Levine.

Fortune

Meta Brings New Status Features To WhatsApp

Meta has now added several new features to WhatsApp status, which will let users post disappearing pictures and other media. Read further on Dynamite News:

Dynamite News

Google to expand misinformation "prebunking" in Europe

Google is expanding an initiative that shows promise in fighting online misinformation

The Independent UK

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Meta employees are reportedly bracing for more layoffs amid delays to finalized budgets: ‘It’s still a mess’

“The year of efficiency is kicking off with a bunch of people getting paid to do nothing," one Meta employee told the FT.

Fortune

This week in the metaverse: Hermès declares victory over MetaBirkins NFT collection, Meta wants to open its metaverse to 13 year olds, and Doritos launches a metaverse recording studio

Hermès's win against the creator of the NFT collection MetaBirkins looked bad for the NFT space, but it may not be the worst for projects that are solely artistic in nature.

Fortune

'I have proof Facebook is listening to my conversations - it's so creepy'

TikTok user Tanya claims she has proof that Facebook is listening to her private conversations after a 'creepy' advert for a foot-related product appeared on her timeline after having a pedicure

Daily Mirror

Trump’s ex-national security adviser subpoenaed in special counsel probes of classified documents and Jan 6

Trump is yet to comment on the revelations Mike Pence and Robert O’Brien have been subpoenaed – despite coming on the same day that his Facebook and Instagram accounts were restored

The Independent UK

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Meta Completes Virtual Reality Deal after US Court Win

Facebook-owner Meta finalized its buyout of virtual reality firm Within Unlimited, the VR company's chief executive said, after a court rejected an attempt by US regulators to block the deal over competition concerns. A spokesperson for the Federal Trade Commission told AFP on Thursday that it would not appeal the…

Asharq Al-Awsat

Donald Trump reinstated on Facebook and Instagram

Former President Donald Trump’s suspensions on Facebook and Instagram have been lifted, more than two years after his supporters stormed the U.S. Capitol, parent company Meta confirmed Thursday.

Tribune News Service

Twitter gets EU yellow card for disinformation reporting effort

Elon Musk's Twitter was hit with a yellow card from the European Commission on Thursday as its reported efforts to tackle disinformation fell short of those by Alphabet's Google, Meta Platforms, Microsoft and TikTok.

Reuters

Twitter's new data access rules will make social media research harder

Twitter will start charging users for downloading and uploading data. Everything from bots giving out earthquake alerts to ambitious research about how misinformation spreads could be affected.

WEKU

Alphabet spent $2 billion on layoffs. Here’s how much job cuts cost Meta, Amazon, and 7 other companies

Companies conduct layoffs to cut costs, but they end up being a pricey approach.

Fortune

Commentary: Facebookopoly

The recent news is that Facebook’s parent, Meta, had record earnings that have driven the stock up over 20% in trading. In the world of social media, Facebook is ubiquitous. Coming from humble beginnings as a Harvard student’s pet project, it’s now expanded to 2.89 billion users worldwide, making it…

Tribune News Service

The FTC's Antitrust Radicals Are Rebuked Again in Federal Court

The FTC is trying to seize new powers to regulate the economy.

Reason

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The Times of India

Meta, Alphabet target middle managers with tech jobs cuts

SAN FRANCISCO: As Meta Platforms Inc, Alphabet Inc and other Silicon Valley behemoths look to lighten payrolls after years of feverish hiring, a clear target has emerged: the middle manager.

Fortune

Meta wants teens to save its metaverse

Young metaverse users are spending little time on Meta's Horizon Worlds, opting instead for its competitors' products.

Fortune

Users have avoided Meta's metaverse flagship so far, so the company is looking to bring in teen users

Zuckerberg’s focus on the virtual world is still going strong.

The Guardian - UK

High-profile lawsuit against Meta can be heard in Kenya, Nairobi court rules

Decision on case of ex-Facebook moderator, who claims the work left him with PTSD, hailed as win for accountability of big tech in Africa

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news in one place.

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Tribune News Service

A clear target emerges in tech layoffs: Middle managers

As Meta Platforms Inc., Alphabet Inc. and other Silicon Valley behemoths look to lighten payrolls after years of feverish hiring, a clear target has emerged: the middle manager.

Tribune News Service

Biden expected to assail Silicon Valley Big Tech in State of the Union address

President Joe Biden will reportedly attack Big Tech in his State of the Union address Tuesday in a bid to unite lawmakers in Washington concerned about the industry’s unprecedented influence and impact on all facets of American life.

The Independent UK

Meta to buy VR startup Within after favorable court ruling

A federal judge has sided with Facebook parent Meta and cleared the way for the company to buy virtual reality startup Within Unlimited, the maker of the popular fitness app Supernatural

Los Angeles Times

Brian Merchant: How tech is changing LA — and how LA is changing tech

Is tech OK? It's not just the mass layoffs. It's that, to an alien observer, many of the most hyped ideas emerging from America's vaunted tech industry over the last few years would seem untethered from reality, if not outright unhinged.

The Guardian - AU

Australian losses to online marketplace fraud increase as scams become increasingly sophisticated

Consumer groups say online platforms like Facebook Marketplace and Gumtree need to do more to keep customers safe

Axios

Tech's giants rush to put generative AI to work

The ChatGPT craze has industry leaders scrambling to show they're on top of the trend.

Fortune

Why Reels is Mark Zuckerberg's biggest math problem

This is happening as the company announced short-form video from viral creators as a key part of its growth.

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