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The Latest Breaking News from Meta

Even in the metaverse, companies need to be socially responsible

While companies can look to the metaverse to drive growth in the long run, they must get ready to confront the related challenges.

Fortune

Apple CEO Tim Cook: Mass layoffs are a 'last resort'

Apple hired fewer people than its peers during the pandemic, and so has avoided giant layoffs even as Meta, Amazon and others cut tens of thousands of jobs.

Fortune

TSB issues warning on scale of social media scams on Facebook, WhatsApp and Instagram

TSB's fraud experts are urging people to watch out for unsolicited messages claiming to be from family or close friends

Chronicle Live

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TSB issues warning over scam on Facebook, Instagram and WhatsApp

The bank said its own internal data indicates scams through Meta-owned companies account for around 80% of fraud cases

Wales Online

TSB issues urgent warning to anyone who uses Facebook, WhatsApp and Instagram

The bank urged users to watch out for one message in particular

Liverpool Echo

Facebook and WhatsApp owner urged by UK bank to act on fraud as scams soar

TSB says 80% of cases in its main fraud categories come from scams on Meta platforms including Instagram

The Guardian - UK

TSB warns about scams on platforms such as Facebook, WhatsApp and Instagram

Social media companies must ‘urgently clean up their platforms’, the bank said.

The Independent UK

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Matt Canavan says Liddell power station's closure is linked to several 'lack of power' alerts. Is that correct?

Nationals senator Matt Canavan has sought to link recent AEMO energy alerts with the closure of Liddell power station. But is there a link?

ABC News

Apple posts better-than-anticipated earnings fueled by iPhone sales

Positive report comes after company’s rare stumbles on revenue, profit and sales in February and highlights strength of the brand

The Guardian - US

FTC watchdogs are coming for Facebook

Accused of breaking its $5 billion promise, Facebook is on the backfoot

Salon

Lina Khan says that decades-old lessons from IBM could guide the way the government regulates A.I. today

The champion of hipster antitrust points to the past for for how A.I. disruption can be “for the benefit of all.”

Fortune

UK’s competition watchdog aims for leading global role

Ruling against Microsoft Activision merger looks like warning shot as CMA takes on task of regulating big tech after Brexit

The Guardian - UK

FTC Proposes Ban on Facebook Monetizing Youth Data

FTC said Facebook violated a 2020 privacy order and proposes new protections for children and teens

TV Tech

Breaking down the FTC’s bombshell Meta accusations

The regulatory agency wants to ban the Facebook and Instagram parent company from monetizing minors’ data.

Fortune

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Evening Standard

Meta’s ‘recklessness’ is putting children at risk, US regulator says

US consumer regulator proposes big changes to how Facebook and Instagram’s parent company operates — to protect children. Meta calls these ‘a political stunt’

Wales Online

Dangerous electrical goods on Facebook Marketplace months after Meta was alerted

Electrical Safety First flagged 10 products to Meta on February 28 after it identified them as posing a risk of electric shock and fire

Reuters

Latin American election influence operation linked to Miami marketing firm

A Miami-based digital marketing firm was behind a series of covert political influence operations in Latin America over the last year, Facebook-owner Meta said this week, a rare exposé of an apparent U.S.-based misinformation-for-hire outfit.

France 24

US regulator proposes new sanctions on Meta over children's privacy concerns

The US Federal Trade Commission has unveiled a proposal that would bar social media giant Meta from profiting off the personal data collected from child users. The FTC is accusing Facebook and Instagram's parent company of repeated violations of data privacy policies. Also in the show, regional US lender WestPac…

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Daily Mirror

Meta Quest 3: everything we know so far including price, specs and rumours

We're covering all of the rumours and leaks so far about the expected price and specs of the Meta Quest 3

Multichannel News

FTC Proposes Banning Facebook From Monetizing Youth Data

Says company has repeatedly violated multiple privacy settlements with agency

The Guardian - US

Brazil receives pushback from tech companies on ‘fake news’ bill

Brazilian government has accused Alphabet of interference after it placed advertising on its search homepage and YouTube

The Guardian - US

US regulators may ban Facebook from monetizing data from children

Federal Trade Commission says network has ‘repeatedly violated its privacy promises’ and misled parents over children’s message app

The Independent UK

FTC: Facebook misled parents, failed to guard kids' privacy

U.S. regulators say Facebook misled parents and failed to protect the privacy of children using its Messenger Kids app

TechRadar

ChatGPT could be worse than cryptocurrency when it comes to scams

Alarm is growing over the rise in ChatGPT scams, with Meta warning it could be worse than what we saw with cryptocurrency.

Inverse

HTC Vive XR Elite Review: The Most Comfortable VR Headset I’ve Ever Used

HTC’s latest VR headset, the Vive XR Elite, beats the Quest Pro on comfort and flexibility but has a selection of apps that’s inherently limited in comparison.

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