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CNBC reported that when Meta, the parent company of Facebook and Instagram began its cost-cutting spree in late 2022 and amped it up this year, it affected Instagram influencers in negative ways. According to CNBC, as part of the company’s two rounds of layoffs, equaling roughly 21,000 job cuts, Meta gutted wide swaths of its customer service operation, leaving influencers
Meta says it would end news access on its platforms for Canadians if the country passes legislation requiring companies like Meta and Alphabet parent Google to pay news outlets for linking to news articles, PCMag reported. The original source of this information appears to be Reuters (who put it behind a paywall). According to PCMag, Meta has criticized the planned
Meta Platforms Inc. is exploring plans to launch a new social media app in its bid to displace Twitter as the world’s “digital town square”, Reuters reported. “We’re exploring a standalone decentralized social network for sharing text updates. We believe there’s an opportunity for a separate space where creators and public figures can share timely updates about their interests,” a
Meta announced they are testing Meta Verified, a new subscription bundle that includes account verification with impersonation protections and access to increased visibility and support. Personally, I think this decision was influenced by Twittter’s Twitter Blue subscription service. The subscription is available for direct purchase on Instagram or Facebook in Australia and New Zealand starting later this week. People can
Mark Zuckerberg introduced broadcast channels on Instagram with his own “Meta Channel”. Broadcast channels are a public one-to-many messaging tool that creators can invite all of their followers into and share text, video and photo updates. Meta stated that creators can also use voice notes to share their latest updates and behind-the-scenes moments, and even create polls to crowdsource fan
John Carmack, a pioneer of virtual reality technology, is leaving Meta after more than eight years at the company, according to an internal post reviewed by The New York Times. The New York Times reported that in the post, which was written by Mr. Carmack, the technologist criticized his employer. He said Meta, which is in the midst of transitioning
Meta Platforms Inc. has long given unfair deference to VIP users of its Facebook and Instagram services under a program called “cross check” and has misled the public about the program, the company’s oversight board concluded in a report issued Tuesday, The Wall Street Journal reported. According to The Wall Street Journal, the report offers the most detailed review of