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Artificial intelligence
ReadWrite
20 hours ago
Artificial intelligence

Meta sounds profit warning as AI spending soars

Generating substantial returns from AI will be a time-consuming process as highlighted by Meta's CEO Mark Zuckerberg. [ more ]
New York Post
19 hours ago
Artificial intelligence

Meta plunges nearly 15% after Mark Zuckerberg's firm forecasts higher expenses from 'aggressively' investing in AI

Meta stock plunged 15% due to increased AI expenses, impacting market cap & Zuckerberg's wealth. [ more ]
designboom | architecture & design magazine
1 month ago
Artificial intelligence

ray-ban meta AI glasses can report history and explain science with new multimodal update

AI glasses provide historical information about landmarks and objects
Mark Zuckerberg showcases Ray-Ban Meta AI glasses' capabilities on Instagram [ more ]
Entrepreneur
2 months ago
Artificial intelligence

Nvidia AI Chips Are in Demand, Meta Amassing Stockpile | Entrepreneur

Nvidia CEO allocates chips fairly amid high demand
Mark Zuckerberg's Meta plans to acquire hundreds of thousands of Nvidia chips [ more ]
Mashable India
2 months ago
Artificial intelligence

Meta's Mark Zuckerberg Vows To Create The 'Most Popular' And 'Most Advanced' AI Products

Meta aims to develop the most popular and advanced AI products and services.
Mark Zuckerberg outlined the potential impact of this goal, envisioning every user benefiting from a world-class AI assistant. [ more ]
Yahoo News
3 months ago
Artificial intelligence

Experts Terrified by Mark Zuckerberg's Human-Tier AI Plans

Experts are concerned about Facebook founder Mark Zuckerberg's plans to purchase hundreds of thousands of expensive AI processing chips and build an open-source artificial AGI.
The prospect of open-source AGI being released without proper regulation is seen as risky and irresponsible by some researchers. [ more ]
moreArtificial intelligence
Sacramento Bee
1 week ago
California

How rich is Mark Zuckerberg? Here are the 10 wealthiest California billionaires, Forbes says

Mark Zuckerberg and other California billionaires are among the world's wealthiest, with most being in the technology field. [ more ]
New York Post
1 month ago
NYC real estate

Mark Zuckerberg parts ways with second California home in 2 years

Mark Zuckerberg may have sold a 4,800-square-foot estate in Woodside, California.
The property was sold for $29.6 million and involved a network of anonymous entities. [ more ]
Gadgets 360
1 month ago
Wearables

Mark Zuckerberg Pans Apple Vision Pro Again, Says Quest 3 Is 'Better'

Zuckerberg criticized Apple's Vision Pro in favor of Meta's Quest 3.
Analyst Benedict Evans highlighted the features and potential of Apple's Vision Pro compared to Meta's Quest 3. [ more ]
facebook
Mail Online
2 months ago
Digital life

Facebook turns 20! Nostalgic images reveal the original site in 2004

Facebook turns 20 years old
Facebook has undergone significant changes in the past two decades [ more ]
ReadWrite
2 months ago
Tech industry

Facebook/Meta -- celebrating 20 years of astounding innovation and conflicting emotions

Facebook started as a platform for Harvard students and quickly expanded to other universities in the U.S. and Canada.
The launch of Facebook's 'On This Day' feature in 2015 allowed users to revisit their past posts. [ more ]
www.aljazeera.com
2 months ago
Digital life

Facebook turns 20: How the social media giant grew to 3 billion users

Facebook celebrates its 20th birthday on February 4 as the world's largest social media platform with over three billion monthly active users.
The idea behind Facebook was originally an offshoot of Mark Zuckerberg's previous project called Facemash, which led to disciplinary action against him.
Facebook grew rapidly in popularity, spreading to other college campuses and eventually opening up to users aged 13 and above with internet access. [ more ]
time.com
2 months ago
Tech industry

Mark Zuckerberg's Apologies: A History

Mark Zuckerberg has a history of issuing public apologies, which stands in contrast to his peers in the technology industry.
Facebook has had numerous controversies and crises that have warranted apologies from Zuckerberg. [ more ]
BBC News
2 months ago
Tech industry

Facebook at 20: Four ways the app changed the world

Facebook launched 20 years ago and has since undergone multiple redesigns, but its aim of connecting people and generating advertising revenue has remained consistent.
Facebook quickly surpassed other social networks like MySpace and gained popularity by introducing features like photo tagging and a constantly changing activity feed.
Despite a decline in popularity among young people, Facebook remains the most popular social network globally and has revolutionized data collection and advertising. [ more ]
time.com
2 months ago
Tech industry

Here's What We Know About Mark Zuckerberg's Net Worth

Mark Zuckerberg's net worth increased by $29 billion following Meta's strong fourth quarter earnings report.
Zuckerberg is currently ranked as the fourth wealthiest person in the world according to Forbes. [ more ]
morefacebook
Social media marketing
New York Post
2 months ago
Social media marketing

Kids shouldn't be on social media AT ALL

Mark Zuckerberg apologized for online child sex abuse at a Senate hearing.
The harmful effects of social media on children's mental and emotional health should be a concern for parents. [ more ]
MUO
1 year ago
Social media marketing

Advantages and Disadvantages of Using Social Media for Job Hunting

Should you use social media for job hunting?Social media is a helpful search and information tool.However, it also has some drawbacks that can spoil your chances of landing a job.Here's a list of social media's advantages and disadvantages if you plan to use it for your job search.People accomplish various tasks using social media, making it a beneficial platform for job seekers.
moreSocial media marketing
artificial-intelligence
www.nytimes.com
2 months ago
Artificial intelligence

A.I. Promises Give Tech Earnings a Jolt

Meta's quarterly earnings were strong, with profits tripling from a year ago, attributed to the benefits of artificial intelligence and cost-cutting.
Meta will start paying stock dividends for the first time and announced a $50 billion buyback, showing the company is coming of age. [ more ]
Futurism
3 months ago
Artificial intelligence

Bored With the Metaverse, Zuckerberg Spending Billions on AI Chips

Facebook's pivot to artificial intelligence is highlighted as Mark Zuckerberg plans to build out the company's massive compute infrastructure with the help of 350,000 Nvidia AI chips, potentially costing over $10.5 billion.
Zuckerberg's goal is to build artificial general intelligence (AGI) and establish Meta as an AI powerhouse, potentially surpassing OpenAI in the race to achieve human-level intelligence. [ more ]
Social Media Explorer
10 months ago
Online marketing

Artificial Intelligence Will Dramatically Impact Facebook And Instagram. Here's How - Social Media Explorer

AI Microprocessor integrated into motherboard circuit.Artificial Intelligence embedded inside Central ... [+]
getty Artificial intelligence has invaded every area of life.AI is a great tool for those who are looking for a job.It can prepare you to succeed in an interview.Siri, an AI bot in cars that uses voice recognition to give directions and send texts has made this process much easier.
www.nytimes.com
10 months ago
Tech industry

Judge Dismisses D.C.'s Privacy Lawsuit Against Meta

A Superior Court judge on Thursday dismissed a privacy lawsuit against Meta by the District of Columbia, which had accused the company of deceiving consumers by improperly sharing their data with third parties, including the British political consulting firm Cambridge Analytica.The decision was a rare victory for Meta, which owns Facebook and Instagram, as it battles lawsuits filed by the federal government, states, foreign regulators and consumers in privacy, antitrust and consumer protection disputes.
The Motley Fool
1 year ago
Artificial intelligence

Meta's Generative AI Efforts Are Already Paying Off | The Motley Fool

Mark Zuckerberg told investors generative artificial intelligence (AI) would be a bigger focus for Meta Platforms in 2023, and it's already starting to pay off.Following the rollout of Apple's App Track Transparency on iOS, Meta shifted to rely more on AI to help target and measure ads.It also started creating AI-based tools to help generate ad creatives (an object that contains all the data for visually rendering the ad itself) that are more effective.
Social Media Explorer
1 year ago
Online marketing

Artificial Intelligence Is Going To Destroy Social Media - Social Media Explorer

Computer graphics with round yellow frowning faces emoji.Sad emoticon against blue background.Express ... [+]
getty Keep in mind the March 3rd, 2023 date.It might be just another Friday on the calendar, but it's actually the day a well-known social media company announced their own demise.It's also the beginning of the end for all social media.
moreartificial-intelligence
www.nytimes.com
2 months ago
Tech industry

We Tried the Apple Vision Pro + Can Congress Protect Kids Online? + Cruise's Crash

Apple's Vision Pro headset is now available for purchase
Mark Zuckerberg apologizes in a congressional hearing on child safety and social media
The collapse of Cruise raises questions about the future of self-driving cars [ more ]
Tom's Guide
11 months ago
Artificial intelligence

Meta plans to bring AI to billions in Facebook, Instagram and WhatsApp - here's how

Meta has released its own AI already with the academia-focused and a AI powered Segment Anything image tool, but has been arguably dragging its heels compared to Bing with ChatGPT and Google Bard in adopting AI.That now looks set to change.In Meta's Q1 earnings call (opens in new tab) on April 26th, Mark Zuckerberg announced plans to bring AI technology "to billions of people in ways that will be useful and meaningful."
www.nytimes.com
1 year ago
Right-wing politics

Opinion | A Political Theory of King Elon Musk

Populism in Western politics is not a pre-theorized worldview.It emerged from inchoate grievances rather than existing ideologies, and the theorists have been chasing after it ever since.The chasers include populism's would-be friends, intellectuals trying to graft agendas onto Trumpism or Brexit or whatever's happening in Italy or France.
www.nytimes.com
1 year ago
Tech industry

When Tech Stocks Sputter, the Entire Stock Market Sinks

The stock market adores high-growth tech companies  until it suddenly doesn't.And when the mood changes, as it has this year, the brutality of the stock market goes on spectacular display.Consider what has happened to Meta, the company formerly known as Facebook, the archetypal social network.Its earnings have shriveled, and it has begun laying off workers.
Poynter
2 months ago
Media industry

'A moment for the ages' as Mark Zuckerberg apologizes to families of abuse victims - Poynter

Mark Zuckerberg apologized to families of victims of abuse on Meta's apps during a Senate Judiciary Committee hearing.
Lawmakers expressed frustration over Congress's slow progress on child online safety legislation. [ more ]
Nieman Lab
1 year ago
Media industry

Facebook and the media kiss and make up

Facebook spends a fortune lobbying Congress.But next year, the corporation might win back prominent members of the media with nothing more than a few freshly updated press releases.We're seeing inklings of the change already.As Twitter unravels, tech commentators have conflated its problems with Facebook's alleged recent failures to opine that social media is out of fashion, Facebook is over, the kids are all on TikTok now, and so on.
www.dw.com
2 months ago
Digital life

Facebook kills people, US Senator tells Mark Zuckerberg DW 02/01/2024

Lawmakers grill tech leaders about dangers faced by children on social media
Mark Zuckerberg apologizes to parents for harm caused by Facebook [ more ]
english.elpais.com
3 months ago
Digital life

Pros and cons of Threads, Meta's Twitter

Elon Musk's takeover of Twitter and the launch of Meta's Threads have fueled tension between Musk and Mark Zuckerberg.
Threads reached 100 million users in five days but has slowed down since then. [ more ]
The Verge
4 months ago
Digital life

Facebook and Instagram accused of creating a "marketplace" for child predators in new lawsuit

A new lawsuit alleges that Meta and CEO Mark Zuckerberg allowed Facebook and Instagram to become a marketplace for predators targeting children.
The lawsuit claims that Meta's algorithms recommend sexual content to children and that test accounts created as decoys attracted predators. [ more ]
www.nytimes.com
2 months ago
Tech industry

Zuckerberg turns to face abuse victim families: I'm sorry for everything you have all been through.'

Mark Zuckerberg directly addressed relatives of online child abuse victims during a Senate hearing on child safety.
Zuckerberg expressed remorse for the suffering the families had endured and pledged to continue working on the issue to prevent similar experiences. [ more ]
Seeking Alpha
1 year ago
Tech industry

Why Google's Partnership With Fastly Is More Important To Google (NASDAQ:GOOGL)

400tmax
On March 15, 2023 Google (NASDAQ:NASDAQ: GOOG) ( GOOGL) partnered with Fastly ( FSLY) on a product that is likely more critical to Google's future than Fastly.Let me explain.Online ads were the Wild West for a while.You could visit an e-commerce website, put an item in your shopping cart, leave the site, and then see ads for that item for weeks show up in any app or browser you used.
www.nytimes.com
1 year ago
Tech industry

GPT-4 Is Here, and the Group Chat Bank Run

It's acing standardized tests, building websites and hiring TaskRabbits GPT-4 is equal parts fascinating and terrifying.OpenAI has released its latest model, alongside A.I. announcements from Meta, Google and other industry players.The A.I. arms race is only accelerating.Then, what Silicon Valley Bank's collapse means for the future of start-ups, and what Mark Zuckerberg has learned about layoffs.
VentureBeat
1 year ago
Tech industry

Meta reports Q4 operating loss of $4.279B for its metaverse division

Meta reported that its fourth-quarter results showed its biggest loss yet for its metaverse division, and it reminds us that Mark Zuckerberg's vision of the metaverse is still very expensive.The company's losses in its VR division (Meta Reality Labs) hit $4.279 billion in the fourth quarter, compared with an operating loss of $3.304 billion in the same quarter a year ago.
Slate Magazine
1 year ago
Tech industry

Elon Musk Has a Growing Tesla Problem

From the start, Elon Musk's flirtation with Twitter was bad for Tesla.The stock of Musk's electric-car company dropped instantly on the news in April that Musk was buying the social-media company, for reasons both obvious and theoretical.Every minute spent running one company is a minute spent not focusing on the other.
Observer
1 year ago
Tech industry

Elon Musk Eased Tensions With Apple's Tim Cook, But the 30 Percent App Store Fee Still Remains an Issue

After blasting Apple earlier this week, Twitter CEO Elon Musk seems to have eased tensions and resolved the issue of Twitter potentially being taken off Apple's App Store.He visited Apple's headquarters Nov. 30 and spoke with Tim Cook, Apple's CEO, later tweeting the issue was a " misunderstanding " and that Apple never considered doing so.
TODAY.com
2 months ago
Parenting

Mark Zuckerberg apologizes to parents at online child safety hearing

Mark Zuckerberg apologized to parents during a Senate hearing on online child safety
Parents expressed their grievances and held up photos of their children [ more ]
Towleroad Gay News
1 year ago
Parenting

Utah Is The First US State To Limit Under 18s Social Media Access - Towleroad Gay News

Utah has become the first US state to limit under 18s social media access.Governor Spencer Cox, a Republican, added his signature to two attempts to protect teenagers and children in the state by giving parents complete access to their kids' social media accounts, posts, and direct messages amid growing concern about social media usage on children's mental health and development.
Benzinga
3 months ago
Privacy technologies

Meta Platforms' Bright Future: Citi Analyst Predicts AI, Ad Growth - Meta Platforms (NASDAQ:META)

Citi analyst reiterates Buy rating on Meta Platforms with a price target of $440
Fourth quarter ad load expanding, driven by newer ad products and increasing demand [ more ]
Futurism
3 months ago
Artificial intelligence

Experts Terrified by Mark Zuckerberg's Human-Tier AI Plans

Experts are concerned about Mark Zuckerberg's plans to purchase hundreds of thousands of expensive AI processing chips and build an open-source artificial AGI.
The prospect of open source AGI being released before regulations are in place is seen as irresponsible and potentially harmful. [ more ]
The Times of India
3 months ago
Artificial intelligence

Here's how much Meta may spend in buying Nvidia's AI chips - Times of India

Mark Zuckerberg wants to build an open-source artificial general intelligence (AGI) for everyone and is willing to spend billions on it.
Zuckerberg estimated that Meta's computing infrastructure will include 350,000 H100 graphics cards, which could potentially cost around $9 billion. [ more ]
Fortune
3 months ago
Artificial intelligence

Come back, we love AGI, Zuckerberg says in bid to woo top AI talent

Mark Zuckerberg is merging Meta's two advanced AI divisions to accelerate the development of general purpose AI chatbots and win the competition for AI engineering talent.
The announcements signal Meta's ambition to position itself at the forefront of developing consumer-facing AI products and attract talented engineers and machine learning researchers. [ more ]
www.theguardian.com
3 months ago
Artificial intelligence

Very scary': Mark Zuckerberg's pledge to build advanced AI alarms experts

Mark Zuckerberg plans to build an AI system on par with human intelligence and make it open source.
Experts and politicians are concerned that open source AGI could evade human control and pose a threat to humanity. [ more ]
Theregister
3 months ago
Artificial intelligence

Zuckerberg wants to build AGI with 350,000 Nvidia H100 GPUs

Mark Zuckerberg is redirecting Meta's efforts towards building artificial general intelligence (AGI) and aims to acquire 350,000 Nvidia H100 GPUs by the end of the year.
OpenAI is reportedly seeking billions of dollars in funding to build chip fabs to meet its AI accelerator needs. [ more ]
New York Post
3 months ago
Artificial intelligence

Mark Zuckerberg blasted as 'irresponsible' over plans to make advanced AI 'widely available'

Mark Zuckerberg plans to make advanced AI tools widely available despite concerns about the potential risks of misuse.
Experts warn that open-sourcing AI could exacerbate risks such as misinformation, election meddling, job losses, and loss of control over society. [ more ]
www.theguardian.com
3 months ago
Artificial intelligence

Very scary': Mark Zuckerberg's pledge to build advanced AI alarms experts

Mark Zuckerberg plans to build an artificial general intelligence (AGI) system and make it open source and accessible to developers outside of Facebook.
The idea of open source AGI has raised concerns among experts and politicians who fear it could potentially evade human control and pose a threat to humanity. [ more ]
The Verge
3 months ago
Artificial intelligence

Inside Meta's big AI reorg

FAIR, Meta's AI research team, will now sit in its product organization.
Joelle Pineau and Yann LeCun will report to Meta's chief product officer, Chris Cox. [ more ]
New York Post
3 months ago
Beer

Mark Zuckerberg to raise cows on beer and macadamia nuts on Hawaii ranch

Mark Zuckerberg is facing backlash for his new ranch in Hawaii that raises cattle on beer and macadamia nuts.
Zuckerberg aims to create high-quality beef through a local and vertically integrated process. [ more ]
Social Media Explorer
10 months ago
Online marketing

Meta Is Working On A 'Sanely Run' Twitter Clone - Social Media Explorer

Mark Zuckerberg (CEO of Facebook) delivers a speech at VivaTech, the trade fair for technology ... [+]
AFP via Getty Images We're living in an age when making a personal diss against someone, whether it's in person or online, is perfectly acceptable.You might even say it's Encouragement The recent comments made on social media about Mike Pence's running for president are telling.
Social Media Explorer
1 year ago
Online marketing

Meta Launching New $12 Verified Badge For Facebook And Instagram To Combat Impersonators - Social Media Explorer

by Adam

LAS VEGAS, NEVADA - OCTOBER 01: Mark Zuckerberg is seen here, the founder and CEO at Facebook/Meta. ... [+]
Zuffa LLC A new announcement by CEO Mark Zuckerberg states that Meta intends to introduce a new badge blue for verified accounts on Facebook, Instagram and Twitter this week.The service, which sounds an awful lot like Twitter's Blue service, will cost $11.99 per month for users who apply on the web or $14.99 per month on iOS-likely because Apple takes a $3 cut on subscriptions and Facebook is trying to price that in.
Social Media Explorer
1 year ago
Online marketing

TikTok Earned $205 Million More Than Facebook, Twitter, Snap And Instagram Combined On In-App Purchases In 2023 - Social Media Explorer

TikTok is leading the charge for social networks to double down on their in-app payment rates.Apptopia Big social networks are pulling a massive revenue U-turn since Apple's introduction of App Tracking Transparency.In 2020, the user privacy feature was announced and it will be implemented in 2021.
Social Media Explorer
1 year ago
Online marketing

New Instagram Updates Bring Massive Changes - Social Media Explorer

Instagram announced an important game-changing update.It brings several new features with it, including the biggest ever leap from its photo-sharing roots.This update was announced by Mark Zuckerberg on Instagram and is detailed on Mark's latest Instagram Blog.It includes these new features to improve and increase sharing.
Social Media Explorer
1 year ago
Online marketing

Is Social Media Finally Ready To Evolve? - Social Media Explorer

TOPSHOT: Mark Zuckerberg, founder and CEO of Facebook testifies before the US House Committee on Energy ... [+]
AFP via Getty Images  Facebook and Twitter enjoyed a strong run.Mark Zuckerberg was born in Harvard's dorm rooms.He catalyzed the rise of Twitter on whiteboards back in those early days.The entire idea of early social media companies relied heavily on large social connections.
Fatherly
10 months ago
Fathers

Stop Using 'The Boppy,' CPSC Warns After 2 More Infants Die

The Boppy Company of Golden, Colorado, has reissued a previous recall in conjunction with the U.S. Consumer Product Safety Commission ( CPSC) of its Newborn Loungers.Since 2021, more than 3.3 million Newborn Loungers have been recalled, and a new statement is reminding parents of the recall following two more infant deaths related to the product.
Business Insider
1 year ago
Remote teams

Mark Zuckerberg says Meta is aiming to update workers on the company's remote-work policy this summer, but he's not going to eliminate it completely

Mark Zuckerberg said during a meeting that Meta may update its remote work policy this summer.The CEO said the company does not plan to eliminate all remote work.Earlier this week, he said performance data showed in-person work benefited engineers.Mark Zuckerberg hinted on Thursday that Meta may be looking to change its remote work policy.
www.nytimes.com
1 year ago
Artificial intelligence

A.I. Bots Can't Report This Column. But They Can Improve It.

Plagiarizing essays.Cheating on tests.Spreading misinformation.The advent of new, powerful artificial intelligence tools like ChatGPT has sparked concerns about the unintended consequences of the technology and debate over the ethical implications of its use.Despite concerns, A.I. assistants seem here to stay.
www.nytimes.com
1 year ago
Tech industry

Judge Is Said to Let Meta's Virtual Reality Deal Move Forward

A federal judge has rejected the Federal Trade Commission's request to stop Meta, Facebook's parent company, from buying a small virtual reality start-up, two people with knowledge of the matter said, signaling that efforts to rein in the tech giants may struggle in courts.In a sealed order issued late Tuesday, Judge Edward J. Davila of U.S. District Court for the Northern District of California declined the F.T.C.'s demand for a preliminary injunction to block Meta from buying Within, which makes a virtual reality fitness game called Supernatural, said the people, who spoke on the condition of anonymity because the orders are sealed.
www.nytimes.com
1 year ago
Tech industry

Twitter Suspends Over 25 Accounts That Track Billionaires' Private Planes

Twitter on Wednesday suspended more than 25 accounts that track the planes of government agencies, billionaires and high-profile individuals  including one that followed the movements of the social media company's owner, Elon Musk, who has said he was committed to free speech.Jack Sweeney, a 20-year-old college student and flight tracking enthusiast, said he woke up on Wednesday to find that his automated Twitter account, @ElonJet, had been suspended.
TechSpot
1 year ago
Tech industry

Meta CEO Zuckerberg says Apple's walled garden will eventually fall

In context: Apple has long kept its walled garden tightly controlled with very few customer complaints.However, the company has faced increased criticism from developers and regulators regarding its gatekeeping.Gradually, lawsuits to force it to allow outside stores to compete and mandates from regulators worldwide have eroded the buttresses of the iOS walled garden.
www.npr.org
10 months ago
Tech industry

Video shows how a storekeeper defeated Facebook founder Mark Zuckerberg in jiu-jitsu

Mark Zuckerberg, left, alongside Jeff Ibrahim, center, following their jiu-jitsu match on May 6 in California.One of the third place competitors, Henry Francisco, is at right.Sooner Ibrahim The last person a hospital storekeeper expected to see across the mat during a Brazilian jiu-jitsu event in May was Meta CEO and Facebook founder Mark Zuckerberg.
www.dw.com
1 year ago
Tech industry

Facebook parent company Meta to cut further 10,000 jobs DW 03/14/2023

BusinessUnited States of America 28 minutes ago28 minutes ago The social media giant is making another round of mass layoffs as it seeks to reduce costs.The company has sunk billions into its metaverse venture.Facebook parent Meta is cutting another 10,000 jobs, CEO Mark Zuckerberg announced in an email to employees on Tuesday.
www.theguardian.com
1 year ago
Marketing

Meta earnings dropped by less than analysts expected

Meta investors got some good news in the social media company's latest earnings report on Wednesday, which showed a smaller drop in revenues than analysts had expected.Meta, which also owns Instagram and Whatsapp, reported $32bn in revenue for the fourth quarter, which drove a rise in its stock price in extended trading on Wednesday.
gizmodo.com
1 year ago
Online marketing

Duopoly Done: Google and Meta Take in Less Than 50% of Online Ad Money

The sci-fi author Stephen R. Donaldson said that Everything dies, from the smallest blade of grass to the biggest galaxy.A few years ago, I might have told you that's trueabout everything except Google and Meta's ad businesses.My, how times change.Google and Meta control less than 50% of digital ad spending for the first time since 2014, a trend that's poised to accelerate over the next few years, according to Axios.
www.nytimes.com
1 year ago
Tech industry

Virtual Reality Pioneer Is Leaving Meta

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.In the post, which was written by Mr. Carmack, 52, the technologist criticized his employer.He said Meta, which is in the midst of transitioning from a social networking company to one focused on the immersive world of the metaverse, was operating at half the effectiveness and has a ridiculous amount of people and resources, but we constantly self-sabotage and squander effort.
Morning Brew
11 months ago
Remote teams

Tech CEOs fall out of love with WFH

Michael M. Santiago/New York Times Staff/Getty Images
Can you guess what "one of the tech industry's worst mistakes" is, according to Open AI CEO Sam Altman?Hint: It's not Quibi.It's buying into the idea that 100% remote work wouldn't cost startups creativity, as he recently opined at an event organized by payment company Stripe.
Business Insider
1 year ago
Remote teams

Mark Zuckerberg: Early-career engineers tend to perform better when they're in person 'at least 3 days a week'

Early-career engineers tend to do better when they show up in person, Mark Zuckerberg said.He cited Meta's "early analysis of performance data," but acknowledged it "requires further study."Zuckerberg broached the idea of in-person work in a note announcing new layoffs of 10,000 employees.
SecurityWeek
11 months ago
Privacy professionals

Delaware Judge Refuses to Dismiss Facebook Shareholder Suit Over User Data Privacy Breaches

A Delaware judge on Wednesday refused to dismiss a shareholder lawsuit alleging that Facebook officers and directors violated both the law and their fiduciary duties in failing for years to protect the privacy of user data.Vice Chancellor J. Travis Laster rejected arguments that the complaint should be dismissed because the plaintiffs did not first demand that Facebook's board take legal action before filing litigation themselves.
Medium
1 year ago
Privacy professionals

LinkedIn set to skip on opportunity for privacy by design

Last week I received a one-off email from LinkedIn, the subject line of which read: "Updates that help you discover more newsletters."That sounds helpful, doesn't it?It's not unusual for a platform like LinkedIn to send you an email announcing new features, of course, but I don't think that's what was going on.
The Verge
1 year ago
Marketing

That TikTok hearing was pretty messed up, right?

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Instead of asking actual important questions related to how TikTok does business and uses the data it gathers from users, Congress was focused on being xenophobic, and people noticed.Yesterday continued Congress's recent history of calling tech executives into a hearing to berate them about their excessive collection of users' private data for financial means.
Futurism
1 year ago
Marketing

Clueless Congressman Bewildered That TikTok Connects Using WiFi

TikTok CEO Shou Chew finally took the stand in front of Congress yesterday.As many tech CEOs have done before him, he had to defend his company against an hours-long stream of sometimes fair, sometimes flawed, and sometimes just outright ridiculous questions from American representatives.Among that last category was a line of questioning from North Carolina Republican Richard Hudson, who really, really wanted to know if TikTok was able to use, uh, home WiFi - the only clear takeaway there being that Hudson simply does not know how WiFi works.
www.mercurynews.com
1 year ago
Marketing

Meta sued by San Mateo County Board of Education over social media addiction

By Joel Rosenblatt | Bloomberg Meta Platforms Inc. was sued by the school board in the company's home county for allegedly addicting students to its social media platforms and contributing to a mental health crisis.The San Mateo County Board of Education added the parent company of Facebook and Instagram to a complaint it filed March 13 against other social media giants, including Google, TikTok and Snap.
BGR
1 year ago
Marketing

Instagram co-founder thinks the app has too many ads now and lost its 'soul'

Meta-owned Instagram has evolved over the years from being largely a photo-sharing app to, for many users now, primarily a hub for sharing quick video snippets in the form of Stories, plus calls and chat "rooms" with friends - as well as a marketplace that's gotten over-saturated with influencers vying for attention.
TechCrunch
1 year ago
Marketing

Meta will stop offering Reels bonuses to creators on Facebook and Instagram

Meta is pausing its program to pay bonuses to creators for making Reels and hitting specific benchmarks.The program, originally introduced in 2021, incentivized content makers to generate more short video content.The shutdown will impact all Reels creators on Facebook and U.S.-based creators on Instagram - the Instagram program was only available for creators based in the U.S.
The program's discontinuation, first reported by Business Insider, indicates that platforms are looking to pull back from paying creators based on the popularity of their short videos.
Business Insider
1 year ago
Marketing

CHART: All the ways Instagram influencers can make money from the platform and how it's changed in the last year

Instagram has launched more than 10 money-making tools for creators since 2020.From subscriptions to NFTs, the Meta-owned platform is testing many ways for creators to make money.Insider made a timeline to show all of Instagram's monetization features - and which ones are gone.Instagram has launched more than 10 money-making features aimed at creators in the last two years.
AdExchanger
1 year ago
Marketing tech

Messaging, Not The Metaverse, Is Meta's Near-Term Future | AdExchanger

I spent time this past weekend playing games with my kids using the Meta Quest VR headsets.I look forward to the day when their cousins across the country get older and join us so that we can play immersive games together.It will be an excellent way to build relationships with family members that are a few thousand miles away.
MarTech
1 year ago
Marketing tech

Kanye West too much even for Musk's Twitter | MarTech

Elon Musk announced Friday, by tweet of course, that the account of Kanye West, now known as Ye, has been suspended.Whether or not the suspension is temporary was not clear.This followed a now-deleted tweet from the rapper reported to have contained an image of a swastika inside a Star of David.According to the Twitter CEO, the post infringed the platform's rule against incitement to violence, thus indicating that there are boundaries to free speech even under the new Twitter regime.
Know Your Mobile
1 year ago
Mobile UX

Meta Verified: Paid Blue Tick Is Here For Facebook & Instagram

Traditions... Facebook is copying features from its competitors!Meta Verified is here with a blue tick for Facebook and Instagram.Here's everything you need to know...Mark Zuckerberg has officially announced the launch of 'Meta Verified', a new monthly subscription service where users can request verification with government IDs and get a blue tick for the profile.
GSMArena.com
1 year ago
Mobile UX

Meta slashes prices on the Quest Pro and Quest 2 VR headsets

Meta is initiating price cuts on its VR headsets.Starting March 5, the premium Quest Pro will be retailing for $1000, instead of its previous price of $1,500.The rather significant price drop was announced by Mark Zuckerberg himself on an Instagram channel.He says the move is meant to help "more people get into VR".
GSMArena.com
1 year ago
Mobile UX

Facebook introduces new tools to protect teens and their privacy

Meta has been under constant fire from regulators and governments for not protecting teens on its platforms Facebook and Instagram, and now the Mark Zuckerberg-owned company introduced updates to address this.The company is now adding more filters to the People You May Know feature, limiting friends' list visibility and bringing new tools to spread the unwanted spread of intimate images.
Engadget
1 year ago
Artificial intelligence

Meta is working on 'AI personas' for Instagram, Messenger and WhatsApp | Engadget

Meta is joining Google, Microsoft and other big names in throwing its weight behind ChatGPT-style AI.Mark Zuckerberg has revealed that his company plans to develop "AI personas" in the long term.It's currently investigating helpers for multiple media formats.You could see advanced chat features in Messenger and WhatsApp, or unique Instagram filters and ads.
www.cnn.com
1 year ago
US news

Meta is launching a pay-for-verification subscription service for Facebook and Instagram

Meta is testing a subscription service which will allow Instagram and Facebook users to pay to get verified, Mark Zuckerberg announced on Instagram Sunday.Meta Verified will start at $11.99 a month on the web or $14.99 a month on iOS, and the company will begin releasing it in Australia and New Zealand this week and more countries soon.
www.nytimes.com
1 year ago
World politics

Paid Accounts on Facebook and Instagram Arrive in Australia

The Australia Letter is a weekly newsletter from our Australia bureau.Sign up to get it by email.Two weeks ago, Meta, the parent company of Facebook and Instagram, announced a new service that would give users exclusive features and a coveted blue verification check mark.For a monthly subscription fee, users will get access to live customer support, measures of protection from impersonation, increased visibility and reach, and exclusive features to express yourself in unique ways, the company said.
San Francisco Bay Times
1 year ago
SF LGBT

Eat, Sleep, Internships - San Francisco Bay Times

By Tabitha Parent-
Right now, as I write this column, my screen is split between my Google doc, where I've managed to write one singular introductory sentence over the course of three hours, and Handshake-the college student-oriented platform designed to help students find jobs and internships and the reason why I've been putting off writing this column.
www.nytimes.com
1 year ago
Television

Jimmy Fallon Finds the Funny in the Debt Ceiling

Today, Treasury Secretary Janet Yellen said extraordinary measures are being taken to keep the government's bills paid, which explains why tonight Mitch McConnell started an OnlyFans.JIMMY FALLON America is so broke, the government might have to resort to extraordinary measures, like taxing the rich or not going to war all the time.
Washington Post
1 year ago
Business

Analysis | Disney-Peltz Show Shouldn't Cast the Board as Villain

Just as Walt Disney Co. announced last week that Chairman Susan Arnold would step off the board after a 15-year run as a director, activist investor Nelson Peltz made public his all-out war against the company.Queue the palace intrigue.Was Arnold leaving as a concession to Peltz?Or because she wants no part in the nasty proxy battle that's likely brewing?
Washington Post
1 year ago
Business

SEC charges two crypto platforms with failing to disclose risks

Tyler Winklevoss, left, and Cameron Winklevoss, shown here in a 2015 appearance on Fox Business Network, co-founded Gemini Trust Co., which was once a popular crypto lender.On Thursday, the Securities and Exchange Commission charged Gemini and Genesis (a company that does business with Gemini) with failing to register as securities.
Harvard Business Review
1 year ago
Business

FTX and the Problem of Unchecked Founder Power

Startup founders typically face a fundamental tradeoff: They can grow the company, increasing its value and the value of their shares, but to do so they must give up some control.Or, they can keep control, at the expense of growth.That tradeoff exists for good reason: Investors who supply the capital necessary to grow want to make sure their money will be well spent.
Washington Post
1 year ago
Business

Analysis | Fight Poverty, Not Income Inequality

Bloomberg Best of the Year 2021: A cleaner works in an upscale retail area in Beijing, China, on Wednesday, Aug. 25, 2021.(Photographer: Bloomberg/Bloomberg)Wealth and income inequality have recently gone down in the US and other parts of the West, and the decline has been going on for the better part of the last decade.
Creative Bloq
1 year ago
Graphic design

These are the weirdest NFTs of 2022

NFTs have been everywhere this year, with the controversial digital art in production by everyone from big brands and video game companies to artists and popstars.Whatever you think of the art form, it can be worth serious money - and it comes in many different styles.But it's fair to say that some styles are more out there than others, and there have been some properly strange pieces.
PetaPixel
1 year ago
Graphic design

50 Places to Find Great Photography Beyond Instagram

For a whole generation of photographers, Instagram has become the default channel for finding and viewing inspiring photography.Convenient as it is, the social media platform can fall short at delivering the best work.Instagram is not designed to help you find work that is the most critically acclaimed, commercially successful, or artistically inspiring.
Eater SF
1 year ago
SF food

The Family Behind Chinatown's Iconic House of Nanking Is SF's Latest Food Network Star

Chef Kathy Fang never set out to star in a reality TV show, let alone one centered around the intricacies of running her family's popular restaurants House of Nanking and Fang.If anything, she says, she was a fan of early food TV shows, made in the "stand and stir" format of Giada at Home with chef Giada De Laurentiis, for instance.
www.theguardian.com
1 year ago
UK politics

The rightwing press will never back Keir Starmer but he can win without them | David Yelland

At precisely this point in the electoral cycle that led to Tony Blair's first term as prime minister, the leader of the Labour party flew halfway around the world to meet Rupert Murdoch on Hayman Island, off Australia's Queensland coast.Then, as now, Britain was two years away from an election the Labour party seemed destined to win.
emptywheel
1 year ago
Left-wing politics

Matty Taibbi's Dick Pics - emptywheel

Apparently, Elon Musk decided that the best person to disclose what he promised would show, "what really happened with the Hunter Biden story suppression by Twitter" was Matt Taibbi, someone who - by his own admission (an admission on which he has apparently flip-flopped) - apologized for Russia's invasion of Ukraine because he was, "so fixated on Western misbehavior that I didn't bother to take [the] possibility [of Russian invasion] seriously enough."
Truthout
1 year ago
Left-wing politics

The Working Class Lost the $2 Billion Powerball Lottery

The staggering $2.04 billion lottery jackpot sold in Los Angeles County made headlines this week, with the ticket holder now holding the title of first lottery billionaire.11.2 million additional ticket holders across the country also won cash prizes of various amounts.The seller of the winning ticket, 75-year-old Joseph Chahayed, told media that he would split the money among 11 grandkids.
www.nytimes.com
1 year ago
Artificial intelligence

Pantone's Color of the Year Was Made for the Metaverse

On Thursday, Pantone announced its 2023 color of the year: Viva Magenta.A hue with a lust for life.Not the aggressive synthetic of Barbie, not the intense luxury of Valentino's couture, not the tired millennial salmon, but as the New York Times critic at large Jason Farago put it, a saturated shade honking at the threshold of fuchsia, definitely not organic but not quite electric.
Ars Technica
1 year ago
Tech industry

Elon Musk appears to reconcile with Apple after Twitter tirade

Elon Musk said he had a "good conversation" with Apple chief executive Tim Cook and "resolved the misunderstanding" about his claim that Twitter could be removed from the App Store, just days after the world's richest man unleashed a tirade against the most valuable tech company.
Ars Technica
1 year ago
Tech industry

Elon Musk appears to reconcile with Apple after Twitter tirade

Elon Musk said he had a "good conversation" with Apple chief executive Tim Cook and "resolved the misunderstanding" about his claim that Twitter could be removed from the App Store, just days after the world's richest man unleashed a tirade against the most valuable tech company.
Benzinga
1 year ago
Marketing

TikTok Flourishes As Ads Juggernaut At Expense Of Twitter, Snap, Google And Meta - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

ByteDance Ltd owned  TikTok, once best known for viral dance videos and pop songs, and gradually built itself into a digital advertising juggernaut, the New York Times  reported.TikTok sold access to its growing internet foothold to brands and developed products that make it  easier to advertise on the platform.
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