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The Latest Breaking News from Meta

Facebook ran ads in Moldova for oligarch sanctioned by US

Facebook allowed a Moldovan oligarch with ties to the Kremlin to run ads on its platform urging protests against that country's government — even though he and his political party are subject to U.S. sanctions

The Independent UK

Bear market barely dents crypto lobby

Spending remains near all-time highs.

Fortune

Meta to pay more for Mark Zuckerberg’s personal security amid job losses

Spend increases by 40% to $14m after dismissing 11,000 employees

The Guardian - UK

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FTC Commissioner Resigns To Protest Agency's 'Disregard for the Rule of Law'

Chair Lina Khan has flouted the rule of law and due process, Commissioner Christine Wilson wrote.

Reason

Facebook’s increasingly cloudy future in Europe

Europe is Meta’s second most valuable market, after North America. The possibility of its being forced to leave is not just hypothetical.

Fortune

Can you make money following activist investors into a stock? It depends

Following an activist investor into a stock might not offer as big a financial win as expected. Here’s what to consider.

Fortune

Looking to come to the US, Cubans turn to an unusual market for boat parts: Facebook

When Amauri decided to leave Cuba for the United States, he bought metal sheets to build a rustic boat to take him to the Florida Keys.

Miami Herald

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Google case at Supreme Court risks upending the internet as we know it

An upcoming Supreme Court case could answer one of the toughest questions of the internet age: Should online companies be held responsible for promoting harmful speech?

Tribune News Service

Sony PlayStation VR2 Review: Immersive VR Gaming on Easy Mode

Sony's PSVR 2 headset for the PS5 is packed full of technology that makes gaming more immersive. The only question mark is whether the VR headset will get exclusive games to support it longterm.

Inverse

Meta is cutting middle managers. Here’s how to tell if you should too

Companies should evaluate middle managers on their leadership skills.

Fortune

Elon Musk takes his marijuana friendliness to the next level as Twitter pitches itself as a home for cannabis ads

Twitter has updated its policies to allow licensed cannabis-related companies to run certain kinds of ads in states where the ads are legal.

Fortune

Meta Plans Fresh Job Cuts To Kick Off ‘Year Of Efficiency’

Meta, which let go of 11,000 employees back in November, is considering another round of layoffs

Zenger

Republican regulator rips Lina Khan in ‘noisy exit,’ accuses ‘hipster antitrust’ boss of breaking the law by having opinions on Mark Zuckerberg

Khan once wrote that Zuckerberg should never be allowed to make another acquisition. Now we know the strength of internal dissent over that.

Fortune

Study notes slight dip in Thai internet usage

Local internet users spent less time on the internet and social media and made less purchases online as life returns to normal after the pandemic, according to the "Digital 2023: Thailand" study.

Bangkok Post

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Fortune

Meta sparked a bitter fight inside the FTC

A bitter fight inside among FTC commissioners over Meta's acquisition of a VR company spilled into the public realm.

Los Angeles Times

It’s not just Disney: Hollywood slashes jobs as streaming bubble pops

LOS ANGELES — Walt Disney Co. Chief Executive Bob Iger said last week that the Burbank company will be slashing 7,000 jobs as the firm’s streaming efforts continue to lose money and the wider economy wallows through a downturn.

Reason

Lawmakers Use Kid Safety as Excuse To Violate Adults' Rights

Plus: New York "hate speech" law is likely unconstitutional, FTC Commissioner quits because of chair Lina Khan's antics, and more...

Al Jazeera

Nigeria election triggers deluge of ‘fake news’ on social media

Experts and activists say political actors have expanded the scope of misinformation ahead of the general elections.

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news in one place.

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The Guardian - UK

I’ve tried every productivity hack from pills to self-hypnosis. Do I need someone to sit next to me and tut?

Simon Berens, a software engineer at Meta, says paying people to watch him work has made him almost three times as productive. And it only costs $5,000 a month, writes Arwa Mahdawi

The Guardian - UK

‘Aims’: the software for hire that can control 30,000 fake online profiles

Exclusive: Team Jorge disinformation unit controls vast army of avatars with fake profiles on Twitter, Facebook, Gmail, Instagram, Amazon and Airbnb

Fortune

Meta’s ‘supreme court’ for content moderation vows to move faster

The content moderation board announced new rules that mean some verdicts will be issued in as little as two days.

Fortune

Marne Levine's exit loses Meta another female leader. Meet the exec who's taking over half her job

Nicola Mendelsohn will become head of Meta's global business group, inheriting responsibilities from departing chief business officer Marne Levine.

Dynamite News

Meta Brings New Status Features To WhatsApp

Meta has now added several new features to WhatsApp status, which will let users post disappearing pictures and other media. Read further on Dynamite News:

The Independent UK

Google to expand misinformation "prebunking" in Europe

Google is expanding an initiative that shows promise in fighting online misinformation

Fortune

Meta employees are reportedly bracing for more layoffs amid delays to finalized budgets: ‘It’s still a mess’

“The year of efficiency is kicking off with a bunch of people getting paid to do nothing," one Meta employee told the FT.

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