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Social media as we know it is about to be disrupted big-time
Meta’s ad revenues are down. Elon Musk bought Twitter. TikTok’s political situation is shaky. Is the social media status quo about to shift? Probably. Read more…
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Meta investors are losing patience with Zuck’s metaverse bet
Meta Platforms forecast a weak holiday quarter and significantly more costs next year, as investors voiced skepticism about the company’s pricey metaverse bets. Read more…
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Meta braces for economic downturn, cuts new hire numbers
Facebook owner, Meta Platforms Inc, has cut plans to hire engineers by at least 30% warning to brace for economic downturn. Read more…
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Facebook moderators can’t keep up with Russian war propaganda
Meta’s moderators say Facebook’s content policies and enforcement mechanisms have enabled pro-Russian propaganda during the Ukraine invasion. Read more…
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Moscow struggles against social media giants to control Ukraine narrative
Moscow ramps up efforts to control the Ukraine narrative as Meta and Google put restrictions on Russia’s state-controlled media outlets. Read more…
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Australian mining billionaire takes on Facebook over scam ads
Iron ore magnate Andrew Forrest is launching criminal proceedings against Facebook in an Australian court over money laundering and scam ads. Read more…
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Meta builds AI supercomputer to protect the metaverse from evil
Meta said its research team has built a new AI supercomputer to spot harmful content that will be the fastest in the world by mid-2022. Read more…
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Fines are mounting against Meta and others – how long can they last?
Fines are mounting against Meta and other tech giants and they must, finally, be beginning to hurt. Every week there is a new lawsuit. Read more…
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VR and the metaverse could make data surveillance even worse
With VR sets collecting even more data on us than traditional screens, the metaverse could take data surveillance to new levels of creepy. Read more…
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Digital drives global ad growth amid the pandemic
The global ad industry will notch higher than expected growth this year as firms go digital to reach customers during the pandemic. Read more…
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Metaverse pioneers unimpressed with Facebook’s Meta plan
Facebook risks missing the point of the metaverse – and a coming shift in consumer behaviour – if it fails to permit digital ownership. Read more…
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Social networks are changing, slowly but seismically – that must be good
Social networks are changing. The first signs are already emerging and it not just about the imminent (or not) arrival of a metaverse or two. Read more…
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Facebook ordered to sell Giphy by UK competition regulator
UK competition regulator tells Facebook owner Meta to sell Giphy, ruling the acquisition harms social media users and UK advertisers. Read more…
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The metaverse doesn’t have to be a dystopia – but it probably will be
Whether the metaverse is good or bad depends on how far we blur the lines between physical and digital, and who controls/shapes that process. Read more…
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Meta shutters its facial recognition software – what else should be paused?
Meta is pausing facial recognition software over ‘societal concerns’. This poses questions about other tech potentially in the same basket. Read more…
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UN investigators hopeful Facebook will hand over information on Myanmar
UN team of investigators on Myanmar is hopeful that Facebook will hand over more evidence of international crimes. Read more…
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Welcome to Meta – will a name change stop the lawmakers circling?
Facebook is Meta now. What comes next is hard to say, but it’s worth remembering that Facebook has more than a metaverse up its sleeve. Read more…
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Facebook shuts down facial recognition amid regulator uncertainty
Facebook is shutting down its facial recognition system – at least until regulators can come up with a clear set of rules governing its use. Read more…
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‘Tarnished and toxic’ Facebook Inc becomes Meta in rebrand for metaverse
‘Tarnished and toxic’ Facebook Inc now called Meta in a rebrand that focuses on building the metaverse, the successor to the mobile internet. Read more…
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Facebook investing billions in metaverse, ad business facing uncertainty
Facebook investing billions to build the “metaverse” as it reported that its main advertising business faces “significant uncertainty”. Read more…