The Australian government plans to introduce a levy on social media companies and search engines to force them to pay for journalism after Meta, the owner of Facebook and Instagram, walked away from an existing arrangement, Financial Times reported. In… Read More
Two weeks before the U.S. presidential election, the Oversight Board says it has “serious concerns” about Meta’s content moderation systems in “electoral contexts,” and that the company risks the “excessive removal of political speech” when it over-enforces its rules. The… Read More
Meta has begun laying off employees across various departments, including WhatsApp, Instagram, and Reality Labs, according to people familiar with the matter. Rather than a mass, companywide layoff, these smaller cuts seem to coincide with reorganizations of specific teams, The… Read More
The Irish Data Protection Commission (DPC) has slapped Meta with a $101.5 million (€91 million) fine after wrapping up an investigation into a security breach in 2019, wherein the company mistakingly stored users’ passwords in plain text, Engadget reported. Meta’s… Read More
Meta has confirmed that its restarting efforts to train its AI systems using public Facebook and Instagram posts from its U.K. userbase, TechCrunch reported. The company claims it has “incorporated regulatory feedback” into a revised “opt-out” approach to ensure that… Read More
Creators are unhappy with Meta’s decision on Tuesday to shut down its Spark platform, which allowed third parties to build augmented reality (AR) effects, TechCrunch reported. In posts published to the Meta Spark Community on Facebook, creators are posting about… Read More
Meta’s ambitious plans to develop the metaverse is still costing the company billions of dollars a quarter, CNBC reported. As part of the company’s second-quarter earnings report on Wednesday, Meta’s Reality Labs unit, which houses augmented and virtual reality technologies,… Read More