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The Latest Breaking News from Mark Zuckerberg

Meta Employees Undermine Zuckerberg’s Metaverse Strategy

Meta employees are expressing discontent with Mark Zuckerberg and his metaverse strategy on anonymous jobs forums such as Blind.

Zenger

Facebook parent Meta will pay $725M to settle user data case

Facebook’s corporate parent has agreed to pay $725 million to settle a lawsuit alleging the world’s largest social media platform allowed millions of its users’ personal information to be fed to Cambridge Analytica

The Independent UK

Facebook parent Meta will pay $725M to settle a privacy suit over Cambridge Analytica

The proposed settlement is a result of revelations that the information of up to 87 million people may have been improperly shared with the data analytics firm that worked for political campaigns.

WEKU

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Meta agrees to pay $725 million over Cambridge Analytica scandal

Meta Platforms Inc. has agreed to pay $725 million to settle a long-running lawsuit that claimed Facebook illegally shared user data with the research firm Cambridge Analytica.

Tribune News Service

Zuckerberg testifies that Meta's lack of VR fitness app doesn’t keep him up at night

Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg says the fact his company doesn’t have a virtual reality fitness app up doesn’t keep him up at night, but acquiring it would boost competition and improve such applications.

Tribune News Service

Meta CEO Mark Zuckerberg takes witness stand in FTC case

Mark Zuckerberg, the CEO of Facebook parent company Meta, is on the witness stand in a California courtroom as part of the U.S. antitrust regulators' effort to stop the tech giant from buying a virtual reality startup

The Independent UK

Twitter users voted Elon Musk out. But CEO or not, he’ll still call the shots

Even if the multi-billionaire owner accepts his user poll and stands down, his machinations seem likely to ruin the company, says tech writer Sarah Manavis

The Guardian - UK

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Commentary: What we should and should not do about kids and social media

Chances are if you’ve read the news in the past year you’ve seen a headline like these: It's time to go nuclear. Mark Zuckerberg is choosing profit over children. We need to ban kids from social media … And who could disagree with them? After all, you must be some…

Tribune News Service

The tech ‘nepo babies’ are coming

Dual-class shares are ensuring founder families can control companies indefinitely

Financial Times

Tech titan John Carmack leaves Meta as doubts swirl about Mark Zuckerberg’s metaverse push

Comments like "we constantly self-sabotage and squander effort" in his exit letter will do little to reassure nervous Meta investors.

Fortune

FTC didn't stop Facebook-Instagram. How about Meta-Within?

Facebook parent Meta is sparring with the FTC over its pending acquisition of a virtual reality fitness company Within Unlimited in federal court in San Jose, California, where CEO Mark Zuckerberg is expected to testify as a witness

The Independent UK

Florida freshman facing legal threats for tracking Elon Musk’s jet says the Twitter CEO is a ‘hypocrite’

Jack Sweeney, 20, says he’s not worried about being sued by world’s second richest man: “He has spiralled the whole Twitter thing out of control”

The Independent UK

Industry Leaders Weigh In On Elon Musk And His Moves On Twitter

Musk added Twitter to his repertoire of high-profile companies, undergoing increasing scrutiny. Despite much uncertainty, he is getting some positive attention.

InsideEVs

Election nonprofit that drew GOP ire in 2020 renews grants

A nonprofit group that became a point of controversy for distributing millions of dollars in election grants during the 2020 presidential campaign is releasing a fresh round of money to local election offices

The Independent UK

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The Guardian - AU

Five Great Reads: Facebook’s virtual insanity, looking back on Qatar, and an awkward breakup

Guardian Australia’s weekend wrap of essential reads from the past seven days, selected by Kris Swales

The Independent UK

FTC challenges Meta acquisition of VR company in court

Federal regulators open their campaign to block Facebook parent Meta’s acquisition of virtual-reality company Within Unlimited and its fitness app Supernatural, with opening arguments beginning Thursday in San Jose, California

Daily Mirror

WhatsApp brings in new avatar feature for its 2billion users starting today

WhatsApp is making a huge change it its app today as Meta CEO Mark Zuckerberg announced that it will finally start rolling out 3D avatars that can be personalised

The Guardian - UK

First Thing: Democrats celebrate as Raphael Warnock wins Georgia runoff

Republican Herschel Walker concedes as Warnock celebrates bolstering the Democratic party’s Senate majority

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Los Angeles Times

Commentary: What Sam Bankman-Fried’s grungy T-shirt reveals about genius and gender

Is slovenliness an index of genius? This is one of the questions raised by the downfall of “crypto wunderkind” Sam Bankman-Fried, or SBF, as he is known.

The Guardian - UK

‘The metaverse will be our slow death!’ Is Facebook losing its $100bn gamble on virtual reality?

The company now known as Meta has spent staggering amounts on creating an immersive successor to the traditional 2D internet. But what has it got to show for it, apart from 11,000 job losses?

Fortune

Meta had a system to protect celebrity Facebook and Instagram accounts from moderation

An independent review found Meta's "cross-check" program to have protected celebrity figures from moderation protocols.

Fortune

Meta bans staff from discussing 'very disruptive' topics including abortion, gun rights and vaccines in new 'community engagement expectations'

“We’ll no longer allow for every type of expression at work, but we think this is the right thing to do for the long-term health of our internal community.”

Fortune

Companies are pouring millions into the metaverse workplace. Here's what you should know before joining them

There’s a place for the metaverse in return-to-office plans. Just don’t expect it to solve real-world workplace issues like harassment, racism, and sexism.

The Conversation

The metaverse offers challenges and possibilities for the future of the retail industry

In 1968, American computer scientist Ivan Sutherland predicted the future of augmented and virtual reality with his concept of the “Ultimate Display. The Ultimate Display relied on the kinetic depth effect to create two dimensional images that moved with its users, giving the illusion of a three-dimensional display.

Fortune

Denounced by Adidas and kicked off Twitter twice: A timeline of Kanye West’s anti-Semitic outbursts that have cost him millions

“I tried my best,” Twitter owner Elon Musk tweeted on Thursday. “Despite that, he again violated our rule against incitement to violence. Account will be suspended.”

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