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The Latest Breaking News from Mark Zuckerberg

How 'BlackBerry' Escapes Depicting Tech Founders as Untouchable Gods

"BlackBerry," directed by Matt Johnson, is the latest in a long line of movies about tech founders, but it treats its subjects very differently.

Inverse

The White House on why Mark Zuckerberg wasn't invited to its A.I. summit: Only firms 'currently leading in the space' wanted

After a decade of investing billions in A.I., Meta isn’t considered a significant player by the White House during a revolutionary moment for the technology.

Fortune

VR is more popular than you think, but no thanks to Meta's virtual wasteland

Young people are using VR more than the generations who came before them, but I'm worried about Meta's influence.

TechRadar

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Instagram is testing songs in photo carousels

As per The Verge, the company is testing a new feature that will let you add songs to the photo carousels you post to the platform. Read further on Dynamite News:

Dynamite News

Social media's battle for creators comes to earnings calls

But some platforms, like Alphabet's YouTube, gave creators more love than others this quarter.

Fortune

This Week in the Metaverse: Zuckerberg tries to reconcile A.I. with the billions he’s already sunk into the metaverse

Meta’s metaverse division, Reality Labs, lost nearly $4 billion in the first quarter—a billion dollars more than it lost in the same period last year.

Fortune

Despite a user backlash, Instagram is doubling down on AI-picked content

Evening Standard

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‘I was constantly trying to solve the problem’: how application software gave an entrepreneur freedom to focus

Timothy Armoo explains how improving processes at his social media advertising firm freed up time so he could concentrate on getting and keeping customers

The Guardian - UK

Meta confirms Oculus Quest 3 will be affordable, but its VR business is on thin ice

The Oculus Quest 3 will be available at an "accessible" price according to Mark Zuckerberg, but how much longer can its VR losses continue?

TechRadar

Meta plans to bring AI to billions in Facebook, Instagram and WhatsApp — here’s how

Meta has its own plans to introduce AI technology similar to ChatGPT into its products.

Tom’s Guide

AI will take over Facebook and Instagram if Mark Zuckerberg gets his way

Meta and Mark Zuckerberg are ready to flood Facebook and Instagram with AI bots whether you want them to or not.

TechRadar

Mark Zuckerberg says 'A.I. agents" are coming

In Meta's Q1 earnings call, CEO Mark Zuckerberg fights back against claims the company is abandoning the metaverse.

Fortune

Meta's 'Year of Efficiency' is already starting to pay off

Meta reported its Q1 2023 financial earnings for the January-March period. The company saw more than $28 billion in revenue, following major layoffs and restructuring.

Android Central

Meta reports surprisingly strong quarter one earnings after restructuring hiccups

The company posted $28.10bn in revenue and appears to be shifting focus away from the metaverse to artificial intelligence

The Guardian - US

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Fortune

Meta's Nick Clegg: No 'level playing field' between Facebook, TikTok

"Companies like Meta are not able to operate our social media services in China,” said the Meta executive in an interview aired Tuesday.

Fortune

Mark Zuckerberg has spent billions on A.I. but one of his top execs said Meta is still a laggard and 'we need to invest heavily'

A top Meta executive wrote in a memo that there was a need for a "fundamental shift" in the company's infrastructure.

Inverse

Sorry, VR Legs Are Not Important

VR headsets can simulate head, arm, and hand movements, while completely neglecting our legs. Do we need them? And is movement the most crucial part of VR?

Reason

The Death of BuzzFeed News Was a Facebook Murder-Suicide

Online media companies got exactly what they said they wanted.

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Kiplinger

$725 Million Facebook Settlement Payments Have Finally Begun: Are You Getting a Check?

You may be owed money from Meta as part of a Facebook settlement stemming from the 2016 election. Here's what you should know.

Fortune

Meta employee accuses Mark Zuckerberg of shattering the 'morale and confidence in leadership of many high performers'

Meta’s first set of layoffs came in November 2022. After this week’s cuts, employees took to internal channels to point out the impact on morale.

Evening Standard

Meta to scrap hundreds of jobs in London in fresh cost-cutting measures

Meta is to cut hundreds of jobs in London and scrap Instagram’s hub in the city as part of widespread cost-cutting measures as the social media giant wrestles with a slump in advertising revenues amid harsher economic conditions.

Evening Standard

Meta to cut or relocate London Instagram staff

Meta is to slash jobs at its Instagram office in London and shift roles back to the US as part of widespread cost-cutting measures as the social media giant wrestles with a slump in advertising revenues amid harsher economic conditions.

Fortune

Mark Zuckerberg’s year of efficiency takes another turn as he joins McDonald’s and Google by laying off thousands in the metaverse

Mark Zuckerberg continues to streamline the tech giant with a round of (remote) layoffs, though experts suggest they're not always cost-effective.

Android Central

Meta finally realizes the Quest is for gaming, not for the Metaverse

Meta might be laying off more people across the company but its gaming divisions are said to be safe from the turmoil.

The Guardian - US

Thousands of Meta workers hit by new round of layoffs as company cuts costs

Social media firm will cull 4,000 jobs immediately as part of larger plan to cut 10,000 jobs amid tech industry slump

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