Big Tech goes back to moving fast and breaking things Thanks to financial woes and an A.I. arms race, it’s back to the future. Fortune · Feb 21, 2023
Mark Zuckerberg’s Metaverse ambitions could get a big boost as Tencent discusses selling the Meta Quest 2 headset in China Facebook has been blocked in the country for 14 years. Fortune · Feb 21, 2023
Leaders: Buying Meta’s blue tick won’t buy you respect When the entry requirement for verification is a monthly fee, instead of actual influence, the badge is no longer an indicator of anything other than that you paid for it. Fortune · Feb 21, 2023
Does paid-for Facebook and Instagram signal end of free-access orthodoxy? Creators and influencers on Meta’s platforms are an obvious market for verified users’ monthly fees The Guardian - UK · Feb 20, 2023
Meta to roll out paid subscription service to 'verify' account It follows Twitter's announcement last month Irish Mirror · Feb 20, 2023
First Thing: Joe Biden arrives in Kyiv in surprise visit US president meets Ukraine’s Volodymyr Zelenskiy ahead of anniversary of invasion. Plus, the disruptors who want to make death greener The Guardian - UK · Feb 20, 2023
Meta starts selling Instagram and Facebook verification in the UK For £9.99 per month, you can grab a blue badge and boost your profile’s visibility Evening Standard · Feb 20, 2023
Facebook and Instagram to get paid verification as Twitter charges for two-factor SMS authentication Mark Zuckerberg follows Elon Musk’s lead in introducing fee for blue ticks, while Twitter to restrict 2FA via SMS to paid users The Guardian - AU · Feb 20, 2023
Instagram and Facebook set to get paid-for verification The feature will be made available this week Manchester Evening News · Feb 19, 2023
Meta to test out monthly paid verification subscription service Meta Verified is aimed at "increasing authenticity and security across our services," Meta CEO Mark Zuckerberg said. Axios · Feb 19, 2023
Mark Zuckerberg announces Meta Verified subscription service for Facebook and Instagram following Elon Musk’s Twitter Blue Facebook and Instagram users will need to confirm their identity with a government ID to receive a verification badge. Fortune · Feb 19, 2023
Facebook and Instagram to roll out paid subscription SAN FRANCISCO: Facebook and Instagram owner Meta will launch a paid subscription service starting at $11.99 a month allowing users to verify their accounts, CEO Mark Zuckerberg announced Sunday, following a similar move by Elon Musk at Twitter. Bangkok Post · Feb 19, 2023
Meta just gave thousands of employees poor performance reviews that could clear the way for more layoffs during its 'Year of Efficiency' Threat comes after 11,000 workers lost their jobs in November. Fortune · Feb 17, 2023
Afternoon Update: the electorates where it’s hardest to find a bulk-billing GP; Brisbane’s new Olympic arena; and Bruce Willis has dementia New data reveals the extend of Medicare’s woes across the country The Guardian - AU · Feb 17, 2023
The Guardian - UK · Feb 16, 2023 Meta to pay more for Mark Zuckerberg’s personal security amid job losses Spend increases by 40% to $14m after dismissing 11,000 employees
Zenger · Feb 15, 2023 Meta Plans Fresh Job Cuts To Kick Off ‘Year Of Efficiency’ Meta, which let go of 11,000 employees back in November, is considering another round of layoffs
Fortune · Feb 15, 2023 Republican regulator rips Lina Khan in ‘noisy exit,’ accuses ‘hipster antitrust’ boss of breaking the law by having opinions on Mark Zuckerberg Khan once wrote that Zuckerberg should never be allowed to make another acquisition. Now we know the strength of internal dissent over that.
Fortune · Feb 15, 2023 Overconfident tech CEOs have overpaid for ‘box tickers’ and ‘taskmasters.’ Here’s why the real ‘creators’ will survive the mass layoffs At excessive numbers, the box tickers and taskmasters tip into "busywork" and create more unnecessary work for the “creators.”
Fortune · Feb 11, 2023 Meta employees are reportedly bracing for more layoffs amid delays to finalized budgets: ‘It’s still a mess’ “The year of efficiency is kicking off with a bunch of people getting paid to do nothing," one Meta employee told the FT.
Tribune News Service · Feb 9, 2023 Commentary: Facebookopoly The recent news is that Facebook’s parent, Meta, had record earnings that have driven the stock up over 20% in trading. In the world of social media, Facebook is ubiquitous. Coming from humble beginnings as a Harvard student’s pet project, it’s now expanded to 2.89 billion users worldwide, making it…
The Independent UK · Feb 6, 2023 Meta to buy VR startup Within after favorable court ruling A federal judge has sided with Facebook parent Meta and cleared the way for the company to buy virtual reality startup Within Unlimited, the maker of the popular fitness app Supernatural
Fortune · Feb 3, 2023 Why Reels is Mark Zuckerberg's biggest math problem This is happening as the company announced short-form video from viral creators as a key part of its growth.
Fortune · Feb 3, 2023 Tech giants are pivoting to a 'Year of Efficiency' The year ahead will be all about refocusing on priorities for tech giants.
Tribune News Service · Feb 2, 2023 Meta Shares Soar Most Since 2013 on Zuckerberg’s Vision Meta Platforms Inc. is headed for its biggest single-day gain in almost a decade after Chief Executive Officer Mark Zuckerberg laid out plans to make the social media giant leaner, more efficient and more decisive.
Fortune · Feb 2, 2023 Mark Zuckerberg and Wall Street are finally meeting in the middle on the metaverse The Meta chief executive satisfied investors Wednesday by pledging to trim costs, but he’s still all-in on Reality Labs.