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Meta Slammed for 'Stupid, Dangerous' Canada News Ban

Move has made it harder for people to share information about wildfire evacuations

(Newser) - Meta has banned Canadians from sharing news content on Facebook and Instagram amid an ongoing dispute with the federal government—and experts say that with wildfire evacuations underway, the timing couldn't be worse. Residents of Yellowknife, capital of the Northwest Territories, have been told to get out by noon...

Moderator of Facebook Content: I 'Stood Up and Screamed'

As employees sue, CEO of Sama laments harmful content, wishes she'd never signed a contract

(Newser) - Online content moderation is a stressful job, but someone's got to do it—though now an East African firm is saying it wishes its workers weren't those someones. Per the Guardian , employees are now bringing lawsuits against both outsourcing company Sama and Meta, Facebook's parent, after they...

Meta Results Beat Analysts' Expectations

Company reports strong results as advertising rebounds

(Newser) - Facebook parent company Meta Platforms posted stronger-than-expected results for the second quarter on Wednesday, buoyed by a rebound in online advertising after a post-pandemic slump. The Menlo Park, California-based company earned $7.79 billion, or $2.98 per share, in the April-June period, the AP reports. That's up 16%...

Twitter May Have a Problem With Its Shiny New Logo

Trademark infringement questions arise over news that Meta, Microsoft also have 'X' registered

(Newser) - "X" may not mark the spot after all for Elon Musk in his attempted rebrand of Twitter. Although Musk has officially unveiled the 24th letter of the alphabet as his social media site's new name and identity, Insider reports that rival Meta appears to own the trademark for...

It's a '5-Alarm Fire' for Tax-Prep Firms
It's a '5-Alarm Fire'
for Tax-Prep Firms

It's a '5-Alarm Fire' for Tax-Prep Firms

H&R Block, others allegedly shared millions of taxpayers' private info with tech firms

(Newser) - Members of Congress are calling for criminal charges against some of America's largest tax-prep companies for allegedly sharing tens of millions of taxpayers' legally protected data with Google and Meta. As far back as 2011, H&R Block, TaxSlayer, and TaxAct allegedly shared private information entered into its website...

Sarah Silverman Sues ChatGPT Over Copyright

Comedian and two other authors sue creator, as well as Zuckerberg's Meta

(Newser) - Entertainers and creators have already had it with AI. That's at least one takeaway from the news—reported by the Verge —that comedian Sarah Silverman and two authors have filed copyright infringement lawsuits against the creator of ChatGPT as well as Mark Zuckerberg's Meta. Silverman and writers...

Jack Dorsey Has Beef With Meta's Threads

Co-founder complains that Meta just ripped off his creation

(Newser) - There are legions of people bemoaning Mark Zuckerberg's new "Twitter killer" app (and millions of others signing on to it at a dizzying rate ), Threads , and one of them is predictably Jack Dorsey. The co-founder and former CEO of aforementioned Twitter griped about Meta ripping off his...

Threads Is Breaking Download Records

Zuckerberg says new app was downloaded 30M times in first day

(Newser) - "Round one of this thing is off to a good start," Meta CEO Mark Zuckerberg remarked on the company's Threads social network Thursday. He said that, in "as good a start as we could have hoped for," the app, which went live Wednesday night, had...

Twitter Threatens Meta With Lawsuit Over Threads

Rival accuses Zuckerberg of hiring former employees to acquire trade secrets

(Newser) - Twitter has welcomed Threads aboard by threatening to sue its owner, Meta. CEO Mark Zuckerberg received a letter hours after Thread's launch Wednesday accusing the more senior social media platform of "systematic, willful, and unlawful misappropriation of Twitter's trade secrets and other intellectual property," Semafor reports...

Zuckerberg: Apple's Vision of Computing Isn't One I Want

Meta chief isn't impressed with rival's new headset

(Newser) - Meta's Quest and Quest Pro headsets have been the leading goggles for accessing the somewhat moribund metaverse. However, Apple's announcement of its long-awaited entry into the augmented and virtual reality game, the Vision Pro , changed the game immediately—and according to Variety , Meta co-founder Mark Zuckerberg has...

Meta Unloads Giphy, Is Out Hundreds of Millions

Facebook parent sells GIF search engine to Shutterstock for $53M after UK regulators' decision

(Newser) - In 2020, Meta scooped up Giphy, a GIF search engine used by Facebook, Instagram, TikTok, and other platforms, for $400 million. On Tuesday, Facebook's parent company announced it had sold the product to stock image service Shutterstock for a mere $53 million—effectively taking a nearly $350 million loss....

EU's Fine Against Amazon Was Huge. Meta's Is Even Bigger

Facebook parent hit with record $1.3B penalty in longtime privacy case over US cybersnooping fears

(Newser) - The European Union slapped Meta with a record $1.3 billion privacy fine Monday and ordered it to stop transferring user data across the Atlantic by October, the latest salvo in a decade-long case sparked by US cybersnooping fears. The penalty fine of 1.2 billion euros from Ireland's...

An Obituary for Mark Zuckerberg's Metaverse
The Metaverse
Is Dead, and Meta
May Be Next

The Metaverse Is Dead, and Meta May Be Next

Ed Zitron at Business Insider writes a scathing indictment of the CEO's leadership

(Newser) - The Metaverse still exists, but Ed Zitron at Business Insider has written an obituary for Mark Zuckerberg's brainchild. Literally: "The Metaverse, the once-buzzy technology that promised to allow users to hang out awkwardly in a disorientating video-game-like world, has died after being abandoned by the business world,"...

Infamous Online Scammer May Have Been Unveiled
Infamous Online Scammer
May Have Been Unveiled

Infamous Online Scammer May Have Been Unveiled

ProPublica digs into lucrative story of 'OBN,' who has tricked Instagram into banning accounts

(Newser) - It's no surprise to learn that celebrities, even lesser ones, can make big money plugging products on Instagram. And as ProPublica explains, that has led to a lucrative hustle scammy in nature by those who know how to manipulate the system. The story focuses on an mysterious online figure...

Zuckerberg on Latest Big Job Cuts: 'This Will Be Tough'

Facebook parent Meta to slash 10K jobs in recruiting, tech, business through May

(Newser) - Facebook parent Meta is slashing another 10,000 jobs and will not fill 5,000 open positions as the social media pioneer cuts costs. The company said Tuesday it will reduce the size of its recruiting team and make further cuts in its tech groups in late April, and then...

New Meta App Could Be Rival to Twitter, Mastodon

Sources say decentralized text-based app is codenamed P92

(Newser) - After apparently imitating Twitter's pay for verification plan , Meta is now working on its own Twitter-like service. Facebook's parent company has confirmed a report from MoneyControl that it is in the early stages of creating an app that could be a rival to Twitter and other competitors. "...

More Meta Layoffs Ahead, Before Zuckerberg's Paternity Leave

Thousands of employees could be let go as soon as this week as company looks to keep flattening

(Newser) - Mark Zuckerberg is set to go on "imminent" paternity leave for the birth of his third child, and another round of his employees are set to go on permanent leave before that, reports Gizmodo . The number of heads to roll isn't clear, but Bloomberg says, citing insiders, that...

Meta: Give Us Money, ID and We'll 'Verify' Your FB, IG

You'll get a special badge for that $14.99 you're forking over ($11.99 for the web)

(Newser) - Last year, Elon Musk's Twitter launched its Twitter Blue subscription service , a paid verification that offers users a blue check mark next to their name, as well as other perks, like being able to edit your tweets. Now Meta is following suit with something similar: CEO Mark Zuckerberg announced...

Meta Stock Is Having Best Day in a Decade

Parent company of Facebook has investors optimistic about 2023

(Newser) - Thursday is turning out to be a very good day for Facebook parent company Meta and CEO Mark Zuckerberg. Shares in the company had surged 26% by midday, reports the Wall Street Journal . Assuming the pace keeps up, this will wind up being the company's best stock day since...

Meta Says It Lost Nearly $14B on VR Project Last Year

Zuckerberg says 2023 will be 'year of efficiency'

(Newser) - While Mark Zuckerberg's bet on virtual reality could still pay off, it's definitely been an expensive gamble: Meta said Wednesday that its Reality Labs division had a $4.28 billion operating loss in the fourth quarter of 2022, bringing its losses for the year to $13.7 billion,...

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