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Meta to Test Verified Subscription Service for Facebook and Instagram Meta Platforms Inc. is launching a “Meta Verified” subscription service on Facebook and Instagram that allows users to verify their accounts with a government ID. The company’s Chief Executive Mark Zuckerberg revealed Sunday on social media that the platform will begin testing the service in…
“Giving to charity beats giving to Uncle Sam — every time” It’s the season for giving. I’ll give! I’ll donate to the Doe Fund, a charity that helps ex-cons find purpose in life through work. “Work works!” they say. It does. Doe Fund graduates are less likely to go back to jail. I’ll donate to…
“Facebook parent Meta pays $725M to settle Cambridge Analytica suit” Facebook owner Meta Platforms has agreed to pay $725 million to resolve a class-action lawsuit accusing the social media giant of allowing third parties, including Cambridge Analytica, to access users’ personal information. The proposed settlement, which was disclosed in a court filing late Thursday, would resolve a long-running lawsuit prompted by revelations…
” Meta ‘powering through’ with Metaverse plans despite doubts — Zuckerberg “ Meta CEO Mark Zuckerberg is still hopeful about the company’s Metaverse plans regardless of the billions of dollars it’s sucking up from the company, claiming “someone has to build that.” Appearing remotely for an interview at the Nov. 30 DealBook Summit in New…
” The metaverse is happening without Meta’s permission “ In changing the name of its parent company to Meta, Facebook put a stake in the ground: It would be the symbol of the evolution of the internet, the metaverse. Whether we liked it or not. According to Meta, the metaverse is “a set of digital…
“Meta ditches office space at Hudson Yards as tech giant cuts costs” Facebook’s parent company Meta is ditching office space that it rented out at the Hudson Yards complex in New York City — the latest sign of belt-tightening at the Silicon Valley-based tech giant that recently laid off thousands of employees. Meta will vacate…
“Meta stock climbs on ‘false’ report Mark Zuckerberg planned to resign as CEO” Meta shares jumped 1% Tuesday on an apparently false report that top boss Mark Zuckerberg was planning to step down as CEO in 2023. The report — which was quickly denied by Meta — came as Zuckerberg faces mounting pressure from furious…
“Meta job cuts put chill on Mark Zuckerberg’s office footprint in NYC” Mark Zuckerberg’s announcement that he’s cutting 11,000 jobs from Meta, or 13% of the tech giant’s workforce, sent shivers through Manhattan’s commercial corridors. The company previously called Facebook was on a real estate expansion roll even during the pandemic, when Zuckerberg said he expected…
“Fired workers slam Meta for conducting layoffs by email” Fired Meta employees expressed shock and disappointment Wednesday after learning they were caught in Mark Zuckerberg’s bloodbath – with some grumbling about the fact they learned they had been laid off by email. Earlier Wednesday, Zuckerberg revealed that Meta had fired more than 11,000 employees, or…
Facebook Owner Meta to Lay Off 11,000 Employees as Tech Sector Continues to Feel the Pain Major layoffs are hitting Facebook and Instagram owner Meta Platforms Inc. as the company says it wil lay off about 11,000 employees, or about 13% of its global workforce. CEO Mark Zuckerberg announced the decision in an email to…