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+30 +2
RIP Metaverse, we hardly knew ye
Mark Zuckerberg spent years trying to make the Metaverse happen, but now it has been replaced by AI and is headed to the tech industry idea graveyard.
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+24 +4
Hacked verified Facebook pages impersonating Meta are buying ads from Meta
Facebook scammers are impersonating Facebook and spreading malware by buying ads from, you guessed it, Facebook.
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+21 +3
Facebook furious at FTC after agency proposes ban on monetizing youth data
Meta has 30 days to respond to allegations about its Messenger Kids product.
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+25 +3
Meta's Reality Labs lost $3.99 billion last year, bringing its total losses since 2020 to $30 billion
It seems that no matter how much money Meta's Reality Labs unit loses, Mark Zuckerberg refuses to give up on the company's metaverse ambitions. In its first-quarter earnings report, Meta said Reality Labs, responsible for its metaverse-related tech, recorded a $3.99 billion operating loss. The latest figure means that since 2020, the division has lost a massive $30 billion.
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+23 +3
Mark Zuckerberg denied the ‘narrative’ that he’s ditching the metaverse and he unveiled a new goal: bringing ‘A.I. agents’ to ‘billions of people’
Meta CEO Mark Zuckerberg has made it clear that he isn't changing the company's name to include the letters A.I. anytime soon. During Meta's quarterly earnings conference call on Wednesday, Zuckerberg took aim at recent headlines that suggested the company is abandoning its ambitions to create a digital world, or "metaverse," so that it could focus instead on the A.I. craze sweeping over Silicon Valley.
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+21 +4
Clearview AI scraped 30 billion images from Facebook and gave them to cops: it puts everyone into a 'perpetual police line-up'
Law enforcement officers have used Clearview AI's facial recognition database nearly a million times, Hoan Ton-That, the company's CEO, told the BBC.
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+20 +3
Meta wants EU users to apply for permission to opt out of data collection
Meta announced that starting next Wednesday, some Facebook and Instagram users in the European Union will for the first time be able to opt out of sharing first-party data used to serve highly personalized ads, The Wall Street Journal reported. The move marks a big change from Meta's current business model, where every video and piece of content clicked on its platforms provides a data point for its online advertisers.
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+4 +1
Meta wants EU users to apply for permission to opt out of data collection
Instead of a yes/no consent, Meta users will fill out a form and include justification.
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+18 +1
People Trying to Use Facebook's Leaked AI to Improve Their Tinder Matches
Users of Facebook’s leaked artificial intelligence are tasking the tool with generating text for their Tinder profiles and things to say during conversations in the hope of getting a real world date. Although it’s unclear if participants have had any tangible success yet, it still demonstrates how Facebook’s LLaMA model is being used in the wild after the company lost control of it in a leak earlier this month.
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+4 +1
Meta rolls out paid verification option for Facebook and Instagram users in US
Facebook and Instagram users in the United States will soon be able to pay to get a coveted blue check on their account.
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+27 +1
Meta rolls out paid verification option for Facebook and Instagram users in US
Facebook and Instagram users in the United States will soon be able to pay to get a coveted blue check on their account. Meta on Friday began testing a paid verification option for US users of the two social networks, CEO Mark Zuckerberg announced on Instagram. The company plans to gradually roll out the paid option to more US users over the next few weeks.
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+23 +4
Meta launches paid verification subscription service in U.S.
The launch comes the same week that the company laid off about 10,000 workers.
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+17 +2
Meta to lay off 10,000 more workers after initial cuts in November
will lay off 10,000 more workers and incur restructuring costs ranging from $3 billion to $5 billion, the company announced Tuesday, with CEO Mark Zuckerberg warning economic instability could continue for “many years.”
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+22 +6
Billionaire tech CEO says Meta and Google over-hired so much they didn't have enough work for employees: 'They really were doing nothing'
"If you want to work from home, like four days of work in your pajamas, go to work for Facebook," C3.ai CEO Thomas Siebel told Insider.
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+24 +2
Meta threatens to restrict news in Canada if it’s forced to pay publishers
Meta gave up this fight in Australia but is still battling US and Canada laws.
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+21 +4
Meta would end Canadians’ ability to view and share news under Bill C-18
Meta says the financial burden of compensating news organizations is not clear
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+22 +5
Meta Isn’t Paying Influencers for Reels Any More
Mark Zuckerberg's company has put a lot of emphasis on short-form videos, even giving creators thousands of dollars for bounties on Reels view counts. No more.
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+19 +4
Don’t Just Deactivate Facebook—Delete It Instead
Facebook has been under fire of late. The Mark Zuckerberg-owned firm is suffering as Apple’s privacy changes combined with a tough economic climate hit revenues. Then this week Facebook owner Meta confirmed it was trialling subscriptions, with users asked to pay for extra support when using the social network and its sister site Instagram. Some Facebook users saw this as the beginning of the end; something that Google search trends confirm.
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+30 +2
Meta to sell blue badge on Instagram and Facebook as Zuckerberg borrows Musk's playbook
Facebook-parent Meta has launched a subscription service, called Meta Verified, that will allow users to add the coveted blue check mark to their Instagram and Facebook accounts for up to $15 a month by verifying their identity, its chief executive Mark Zuckerberg said on Sunday, tapping a new revenue channel that has returned mixed success for its smaller rival Twitter.
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+23 +1
These retailers share customer data with Facebook's owner. Customers may not have been told
When a shopper shares their email address at the cash register — to receive an electronic receipt, rather than a paper one — do they really know where their details are being sent? A CBC News review of Facebook user data suggests a variety of well-known retailers in Canada have been sharing customer information with the social media platform's parent company to gain marketing research in return. And it's not clear what steps have been taken to warn shoppers.
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