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The Latest Breaking News from Meta

Option Volatility And Earnings Report For April 24 - 28

It’s a massive week on the earnings front with some big cap tech companies reporting amongst many others. These include Amazon, Microsoft, Meta Platforms, Alphabet, Verizon, Coca-Cola, United Parcel Service and McDonald’s.

Barchart

"Verified" becomes a badge of dishonor after Twitter checkmark confusion

Accounts of late celebrities including Chadwick Boseman have been marked "subscribed to Twitter Blue."

Axios

VR spiders are freaking terrifying: the VR games and apps I played in April 2023

In April 2023, I enjoyed Kill It With Fire, Gesture VR, and Little Cities in VR on my Meta Quest Pro and the HTC Vive XR Elite.

TechRadar

From analysis to the latest developments in health,
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I watched Cocaine Bear in VR on the Meta Quest 2 — here’s how it went

With Peacock now on select Meta Quest devices, I decided to watch Cocaine Bear in VR on the Meta Quest 2. Here’s how it went.

Tom’s Guide

‘It can be incredibly profitable’: the secret world of fake online reviews

As groups offering fake Amazon, Google and Trustpilot reviews continue to thrive on Facebook, one reviewer tells how it works

The Guardian - UK

WhatsApp update lets you keep disappearing messages – with permission

Currently rolling out globally, Keep in Chat requires that you first get consent from the sender.

TechRadar

Most Americans are Worried About Layoffs: Survey

A new survey from Morning Consult found that a vast majority of Americans are concerned about layoffs and job losses.

Kiplinger

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$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.

Kiplinger

Quiz of The Week: 14 - 21 April

The escalating violence in Sudan has dominated global headlines this week amid fears of a potential civil war in the Northeast African country that could cause chaos in the wider region.

The Week

Facebook users could get settlement cash as Meta pays out

Meta has agreed to pay Facebook users $725m privacy settlement

The Independent UK

Google will offer ad clients A.I.-generated marketing campaigns similar to ones created by humans at agencies

Advertising is considered one of the fields most at risk of job losses from A.I.

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.

Fortune

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

WhatsApp's working on adding animated emoji

More fuel for the rumour that WhatsApp is working on ever more entertaining stickers and emotes

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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.

TechRadar

Global law enforcement want Meta to stop expanding encryption

As the war against encryption goes on, the FBI, Interpol and others warn Meta's default-encrypted DMs would "degrade safety systems" against child sex abuses.

Evening Standard

Meta opens its Horizon Worlds VR metaverse to teenagers

Meta has introduced ‘a robust set of age-appropriate protections and safety defaults’ to make the platform safer for younger users

The Guardian - UK

Crime agencies condemn Facebook and Instagram encryption plans

Global alliance including NCA and FBI says Meta’s decision to encrypt direct messages could harm children

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Tom’s Guide

Here’s how to claim your share of Facebook’s $725 million Cambridge Analytica settlement

Current and former Facebook users are owed a share of an eye-watering $275 million settlement — here's how to claim your cut of the cash.

The Independent UK

Facebook users could get settlement cash as Meta pays out

Meta has agreed to pay Facebook users $725m privacy settlement

Dublin Live

Indeed to lay off 225 workers amid calls for company to 'do right by its staff'

Labour Leader and TD for Dublin Bay South Ivana Bacik has now called on management to ensure that there are fair redundancies

WEKU

Facebook users can apply for their portion of a $725 million lawsuit settlement

The settlement stems from a lawsuit alleging Facebook developers sold user data to Cambridge Analytica, a former political consulting firm, to target people in the 2016 U.S. presidential election.

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.

TechRadar

Good news, Facebook probably owes you money

Meta's Cambridge Analytica data privacy mess is a $725M windall for Facebook users and now you can collect.

Daily Mirror

Facebook users could be due PAYMENT from the social giant if they joined in past 16 years

Facebook users who actively were on the social media site could be elligible for a portion of the $725million (£582m) that the tech giant will have to pay over sharing users data

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