Tag Archives: Meta

Meta Hit With New Privacy Lawsuit By Online Tax Filers

Meta Hit With New Privacy Lawsuit By Online Tax Filers by Wendy Davis @wendyndavis, December 29, 2022 Meta Platforms was hit Thursday with a second lawsuit over allegations that it collects taxpayers’ information from online filing services. This new complaint, like one filed earlier this month, alleges that Meta’s tracking code, the Meta Pixel, was … Continue reading Meta Hit With New Privacy Lawsuit By Online Tax Filers →

John Carmack leaves Meta with a memo criticizing the company’s efficiency

Journalism

Facebook is buying Oculus VR for $2 billion, plans to ‘unlock new worlds for all of us’ Richard Lawler @Rjcc Mark Zuckerberg is following up his Whatsapp buy with another big acquisition: virtual reality company Oculus VR for $2 billion in stock and cash (curiously, news of the talks may have leaked on Reddit … Continue reading John Carmack leaves Meta with a memo criticizing the company’s efficiency →

Meta abandons its Portal smart displays and smartwatch project following mass layoffs

Facebook Controls

Meta is laying off more than 11,000 employees It’s the first mass layoffs in the company’s history. K. Bell @karissabe NOAH BERGER via Getty Images Meta is reducing the size of its workforce by about 13 percent and letting more than 11,000 of its employees go in the first mass layoffs in the company’s … Continue reading Meta abandons its Portal smart displays and smartwatch project following mass layoffs →

Meta will reportedly announce ‘large-scale’ layoffs next week

Facebook Employee

Twitter warns employees that layoffs are happening Friday The cuts come only a week after Elon Musk took over the company. K. Holt @krisholt Carlos Barria / reuters Twitter will reportedly begin laying off workers on Friday, only a week after Elon Musk officially took control of the website. Around half of the company’s … Continue reading Meta will reportedly announce ‘large-scale’ layoffs next week →

Meta will allow creators to sell NFTs directly on Instagram

Facebook Cryptocurrency

NFTs are coming to Instagram this week Meta CEO Mark Zuckerberg says they’re on the way to Facebook as well. K. Holt @krisholt Dado Ruvic / reuters As promised (or threatened, depending on your perspective), NFTs are coming to Instagram imminently. Meta CEO Mark Zuckerberg said the app will this week start testing a … Continue reading Meta will allow creators to sell NFTs directly on Instagram →

Meta threatens to block news content in Canada over media revenue-sharing legislation

Facebook New Trends

Australian Parliament passes law that requires Google, Facebook to pay for newsOfficials approved the changes that came from their negotiations with Facebook. M. Moon @mariella_moon The Australian law that makes it mandatory for companies like Google and Facebook to pay for news they use is ready to be enforced. Australia’s Parliament has passed the … Continue reading Meta threatens to block news content in Canada over media revenue-sharing legislation →

Questions Meta needs to answer about the metaverse at Connect

Metaverse

Facebook is rebranding itself as ‘Meta’ It’s all about the metaverse. K. Bell @karissabe Facebook, the social network, will no longer define the future of Facebook, the company that will now be known as Meta. Facebook Inc. is changing the name in order to distinguish its beleaguered social network, which has an increasingly poor … Continue reading Questions Meta needs to answer about the metaverse at Connect →

Meta tests easier account switching between Facebook and Instagram

Meta-Facebook

Meta accounts and Horizon profiles arrive today, freeing Quest headsets from Facebook Current users will need both by 2023 to continue using their devices. I. Bonifacic @igorbonifacic Meta Meta accounts have arrived. As of today, Facebook parent company Meta has begun rolling out the new login system for Quest owners. “The update will roll … Continue reading Meta tests easier account switching between Facebook and Instagram →

Meta dissolves team responsible for discovering ‘potential harms to society’ in its own products

Meta-Facebook

Meta’s revenue shrank for the first time in its history And Meta’s Reality Labs cost the company almost $3 billion last quarter. N. Ingraham Carlos Barria / reuters Facebook parent company Meta has just reported its earnings for the second quarter of 2022, and it was another quarter of shrinking profits. Total revenue of … Continue reading Meta dissolves team responsible for discovering ‘potential harms to society’ in its own products →

Meta Details Stringent Ad Guidelines For 2022 Midterm Elections

Meta-Facebook

Meta Details Stringent Ad Guidelines For 2022 Midterm Elections by Laurie Sullivan @lauriesullivan, August 16, 2022 One of the most high-profile U.S. primaries took place in Wyoming on Tuesday. GOP Rep. Liz Cheney voted this morning, not at her hometown polling place of Wilson, but a couple of miles away at the Teton County Library … Continue reading Meta Details Stringent Ad Guidelines For 2022 Midterm Elections →