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Big Layoffs Ahead for Zuckerberg’s Meta

Employee downsizing at the social media giant casts doubt on its relevancy and future

With recent headlines highlighting Elon Musk’s Twitter, Meta’s ongoing troubles have escaped some of the limelight, but are significant, nonetheless. This past week, Mark Zuckerberg announced over 11,000 layoffs across his company, focusing on recruiting and business, according to a memo. The layoffs will affect some 13 percent of the tech giant’s 87,000 employees. Meta, due in large part to its optimistic investment in the metaverse, plummeted in value this past year, and workers are feeling the consequences.   While the tech industry is seeing high personnel cuts this year, Zuckerberg did not have to hire as many people as he did, and clearly depended too much on the metaverse project for profit, which looks like it won’t be nearly Read More ›

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Meta Suspends Hate Speech Policy in Countries Near Russia

Hate speech and death threats against Russian and Belarusian political leaders and their militaries are temporarily allowed in twelve Eastern European countries

In a dramatic change of policy, Meta (formerly known as Facebook) will temporarily allow users of Facebook and Instagram in twelve countries to post hate speech and death threats directed toward Russian and Belarusian military personnel and political leaders within the context of the conflict in Ukraine. The change was first reported by Reuters on Thursday morning. A Meta spokesperson told Reuters, “As a result of the Russian invasion of Ukraine we have temporarily made allowances for forms of political expression that would normally violate our rules like violent speech such as ‘death to the Russian invaders.’ We still won’t allow credible calls for violence against Russian civilians.” Calls for violence against Russian President Vladimir Putin and Belarusian President Alexander Lukashenko are Read More ›

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Man and woman shooting with gamepads while playing in virtual reality using VR headsets in the playing room

Take Control of Your Tech Before Metaverse Hits

Soon you will be enticed on all sides by a host of virtual worlds. They will look and feel very real and very cool

This story originally appeared at Newsmax. (February 17, 2022) Facebook’s recent name change to Meta has ushered in the Age of the Metaverse. Big Tech’s focus is shifting to a new frontier, the untamed wilds of the virtual world. Or is it worlds? Interestingly, the Germanic word world has a literal meaning of “age of man.” Which sounds quite fitting. But will the metaverse be an age that will see us grow and be nourished, as the root of age suggests? Or will we give in to our modern tendency toward laziness, entitlement and poor judgment? Before someone dares you to slip on a VR headset to get your first taste of the metaverse, get one thing straight — who is the boss of your tech? By Read More ›

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Bearish stock financial, bear market chart falling prices down turn from global economic and financial crisis.

Zuckerberg’s New Meta Pummeled by Stock Market

Meta (Facebook reimagined) faces a gauntlet of challenges only months after Zuckerberg announced his new "metaverse" initiative

Last October, Facebook CEO Mark Zuckerberg announced that Facebook would be undergoing a major facelift to become Meta. The Facebook platform we all know and love would remain as is, but Meta would become Facebook’s parent company with a primary focus of developing the “metaverse,” an immersive online experience that Zuckerberg called “the next frontier” of the internet. But Meta is off to a rough start. Facebook’s parent company shed more than $230 billion in market value Thursday, a one-day loss that is the biggest ever for a U.S. company and increases pressure on a stock market long powered by technology shares…. The Facebook parent company surprised investors with a deeper-than-expected decline in profit and a downbeat outlook. The company Read More ›

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Pre-adolescent teen girl texting on a smartphone lying in bed at home. Candid indoor photo withFocus on the foreground and copy space

Facebook’s…Er, Meta’s Instagram Problem

Despite employee-recommended solutions, Facebook has largely turned a blind eye to the harms their own algorithms have caused in teenage girls using Instagram

The Wall Street Journal’s series of articles based on leaked internal documents from Facebook, Inc. (now Meta Platforms, Inc.) gave us a peek inside the company’s business model, including what the company knew about Instagram’s harmful mental health effects on teen girls.*  Facebook employee, Frances Haugen, provided thousands of pages of internal documents and Slack conversations to the Wall Street Journal’s Jeff Horwitz, and has since made the documents available to other media outlets. Gizmodo is working with a group of experts to make the documents public, which can be viewed here. On October 5th, Haugen testified before the Senate Committee on Commerce, Science, and Transportation on Facebook’s lack of transparency regarding the harms of its platforms. The full testimony can be seen in the video below. Haugen Read More ›