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“#Facebook and Google accused of ‘secret deal’ to carve up ad empire” Facebook boss Mark Zuckerberg and his counterpart at Google, CEO Sundar Pichai, secretly struck a deal in 2018 to carve up the digital advertising market between the two tech giants, according to newly revealed allegations from top state law-enforcement officials. Previously, it was…
“#Facebook tried to divide Dems, GOP over whistleblower: report” Mark Zuckerberg urged his employees not to apologize for Facebook’s ills as staffers called lawmakers in Washington, DC, in an effort to discredit whistleblower Frances Haugen, the Wall Street Journal reported Wednesday. In an effort to stop Democrats and Republicans from uniting in opposition to Facebook,…
“#Meta investors push for action against ‘harmful content’ aimed at teens” Meta shareholders are pushing the Facebook and Instagram parent company to take a harder line against “harmful content” targeted at teens on its site, as well as coronavirus-related misinformation. A group of shareholders slammed Meta in a letter made public on Monday, criticizing the…
“#Eating disorder posts still thrive on Instagram despite claims of a crackdown” Instagram is still plagued with disturbing eating disorder images that appear to violate the photo app’s rules — months after parent company Meta claimed it was cracking down. Despite a rash of bad press and Congressional scrutiny around the app’s toxic effects on…
“# Okcoin hires former Facebook spokesperson Randi Zuckerberg to grow female user base ” Cryptocurrency exchange Okcoin has announced Randi Zuckerberg — the sister of Meta CEO Mark Zuckerberg — will be joining the platform’s brand advisory council in its aim to bring more women into crypto. In a Thursday announcement, Okcoin said that in…
“# Meta’s head of crypto to step down at end of year ” David Marcus, the head of Meta’s cryptocurrency and fintech unit Novi, will step down from his role by the end of 2021. Taking over from Marcus will be Stephane Kasriel, the former CEO of Upwork who has been at Meta, formerly known…
“# $400M funding round to help Gemini build in the decentralized Metaverse ” The Winklevoss twins’ crypto exchange Gemini will allocate capital from its $400 million funding round into building a “Gemini experience in different Metaverses.” Gemini announced that it had closed a $400 million equity growth funding round at a valuation of $7.1 billion…
“# VR Metaverse comes closer to reality as Meta previews haptic gloves ” Meta — the company formerly known as Facebook — is diving straight into virtual reality with a preview of its latest research and development on haptic gloves which give sensory feedback while in digital realms. Facebook rebranded to Meta in late October…
“#Experts warn Facebook’s metaverse poses ‘terrifying dangers’” Facebook’s metaverse poses “terrifying dangers” and needs to be policed, according to an expert. The immersive virtual world was recently revealed as one of Facebook CEO Mark Zuckerberg’s top priorities but critics are skeptical about how good it will actually be. Dr. David Reid, Professor of AI and…
“# Should Zuck lead us to the Metaverse? Crypto leaders weigh in ” Crypto leaders are divided over whether Mark Zuckerberg should lead Facebook into the Metaverse, with Hodl Asset’s Jenny Ta saying he needs to resign if Meta is to succeed while Animoca’s Yat Siu says Zuck is the only one who can drive…