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The Latest Breaking News from Meta

Silicon Valley’s economy trampled Austin, Seattle by billions of dollars during COVID’s first two years

Silicon Valley as an economic juggernaut has reigned supreme throughout the pandemic compared to its rivals in the Sunbelt and Pacific Northwest, newly released numbers show.

Tribune News Service

Why Washington will become the epicenter of Big Tech in 2023

All three branches of government are poised to exert influence over the tech industry next year.

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

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Google Rivals Join Forces in Online Maps

Google rivals on Thursday unveiled a project to make freely available data sets for map features to be built into online offerings. Alphabet-owned Google dominates online mapping, selling its services to other companies or platforms and using location and navigation capabilities to enhance its other offerings, including online advertising, AFP…

Asharq Al-Awsat

Parents of teen who died by suicide sue Meta over simulated hanging video they say she copied

The simulated hanging video circulated for more than a year after the girl’s death

The Independent UK

Morgan Stanley’s chief investment officer says inflation has peaked, but next year will still be rough for stocks

Stock prices could tumble in 2023 because of poor earnings, Morgan Stanley's Mike Wilson said.

Fortune

These 5 tech winners shined through the doom and gloom of 2022

In a year marked by cutbacks and chaos, a handful of victors showed some mettle and emerged on strong footing.

Fortune

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Lush co-founder Rowena Bird wants a social media revolution

One year into the brand's anti-social media policy, she says not enough has changed.

Mic

AI-generated fake faces have become a hallmark of online influence operations

As artificial intelligence becomes more widely available, bad actors are turning to computer-generated faces in their attempts to manipulate social media networks.

WEKU

The FTC's cases against Meta are chasing Facebook's ghost

No longer an anticompetitive behemoth, Meta is in a dogfight for survival, argues Adam Kovacevich from tech industry coalition Chamber of Progress.

Fortune

Your Instagram friends can now help you regain access to a locked account

Two of your close friends will be need to confirm your identity within 24 hours for the method to work

Evening Standard

Meta warns spyware still being used to target people on social media

Facebook owner says companies are adapting and changing tactics in face of efforts to shut down activities

The Guardian - UK

What social media regulation could look like: Think of pipelines, not utilities

Elon Musk’s takeover of Twitter, and his controversial statements and decisions as its owner, have fueled a new wave of calls for regulating social media companies. Elected officials and policy scholars have argued for years that companies like Twitter and Facebook – now Meta – have immense power over public…

The Conversation

Australia accuses Apple, Microsoft of overlooking child sex abuse

Internet safety watchdog says tech giants should automatically scan for child exploitation material on their services.

Al Jazeera

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The Guardian - UK

Meta faces $1.6bn lawsuit over Facebook posts inciting violence in Tigray war

Legal action backed by Amnesty alleges hateful posts inflaming war in northern Ethiopia were allowed to flourish on platform

Fortune

Even in a brutal year for tech, these 5 companies, collectives, and chiefs flopped the hardest

FTX’s venture capital patrons, a former social media executive, and a onetime pandemic darling all fell on their face in 2022.

The Conversation

How Ireland's 'great reshuffle' could benefit women and older workers

Recent global tech sector layoffs have hit Ireland’s workforce hard. Prior to these job cuts, the Irish digital sector directly employed more than 270,000 people, as well as creating many more ancillary jobs.

Axios

2022 was tech's year of big endings

From social media to the long bull market and from the techlash to the crypto bust, this year was full of finales.

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Tribune News Service

Lawmakers will face familiar technology issues next Congress

WASHINGTON — The 118th Congress will face some long-standing policy challenges as well as a few new ones but may not get to the finish line on any of them — even the federal data privacy bill that has bipartisan backing in both chambers.

The Guardian - UK

Putsch back – Inside the 16 December Guardian Weekly

Inside Germany’s failed coup plot. Plus: a moment of truth for Iran

Chicago Tribune

Commentary: Entrepreneurial students should not fear Big Tech’s layoffs

Many of my students have a lifelong dream to work in Big Tech after graduation. Regardless of whether a student is a computer science or a marketing major, the allure of working for Google, Meta or Amazon — or any of the major tech companies — is deep-seated and fierce.

Newslaundry

‘Public interest’: Meta panel upholds move to restore Insta video showing sexual assault on Dalit woman

Meta’s Oversight Board has upheld the social media giant’s decision to restore an Instagram video showing a Dalit woman being sexually assaulted by a group of men, citing larger public interest and the need to raise awareness about discrimination against Dalits and Adivasis in India, especially women. However, the board…

Reuters

Meta accused in lawsuit of allowing posts that inflamed Ethiopia conflict

Meta Platforms was accused in a lawsuit filed in Kenya on Wednesday of letting violent and hateful posts from Ethiopia flourish on Facebook, inflaming the Ethiopian civil war.

Fortune

Big Tech sat out this year’s generative A.I. craze. Will it join the party in 2023?

Alphabet, Meta, and other tech titans are investing heavily in consumer-facing A.I., but the time hasn’t been right to go public.

Roll Call

Lawmakers will face familiar technology issues next Congress - Roll Call

Bipartisan support isn't enough to get bills through Congress. The 2023 agenda includes several tech bills left unfinished 2022.

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Cathy McMorris Rodgers

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