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The Latest Breaking News from Meta

Ireland Fines Meta 390M Euros in Latest Privacy Crackdown

Irish regulators on Wednesday hit Facebook parent Meta with hundreds of millions in fines for online privacy violations and banned the company from forcing European users to agree to personalized ads based on their online activity. Ireland's Data Protection Commission imposed two fines totaling 390 million euros ($414 million) in…

Asharq Al-Awsat

Ireland fines Meta 390M euros in latest privacy crackdown

Irish regulators have hit Facebook parent Meta with hundreds of millions in fines for online privacy violations and banned the company from forcing European users to agree to personalized ads based on their online activity

The Independent UK

Trump Returning To Facebook? Zuckerberg’s Meta To Reportedly Decide In Coming Weeks

Mark Zuckerberg-led Meta Platforms Inc is reportedly deliberating on whether to let back former President Donald Trump on in.

Zenger

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The Crystal Ball: VCs, private equity investors, and tech founders predict what will happen to the metaverse in 2023

Term Sheet readers weigh in on what this year will hold for virtual reality.

Fortune

As tech companies make cuts, will other industries follow? Here’s what to know about jobs in 2023

Mary Hainds had been working in sales at a small construction technology startup for about six months before she was laid off in October. In the weeks that followed, she interviewed for other tech sales jobs in earnest and received job offers.

Chicago Tribune

Your 2023 fitness mega-guide — from rental gym memberships to 15-minute classes

From workouts in the metaverse to hi-tech recovery tools, Katie Strick has your new year reboot sorted

Evening Standard

The Crypto Winter will last through 2023 and maybe 2024, predicts PayPal and Meta alum David Marcus

“We won’t exit this 'crypto winter’ in 2023, and probably not in 2024 either,” Marcus wrote in a year-end blog post.

Fortune

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World’s richest tech execs lose over $400 billion in 2022

Elon Musk’s wealth has been the hardest hit this year, losing over $140 billion

Evening Standard

WhatsApp to stop working on 49 smartphone models TODAY leaving millions without app

Users with older iPhones and Androids handsets will need to get an upgrade after December 31 in order to use WhatsApp going into the New Year

Daily Mirror

Why do the rich get richer — even during global crises?

Every 30 hours, the pandemic spawned a new billionaire, while pushing a million people into poverty. Here’s why.

Al Jazeera

Commentary: Why I still ‘like’ Facebook, even though everyone else sort of hates it

According to some critics, Facebook is responsible for almost every evil ever invented. The social media platform, under the corporate parent Meta, violates our privacy, sells our personal information to the highest bidders, monopolizes the media, earns undeserved billions in profit all but hourly, single-handedly killed print journalism, manipulates our…

Chicago Tribune

Sorry, 'metaverse' is the word of the year whether you like it or not

Thanks to brands like Fortnite, Meta, and Roblox, the metaverse is making an obvious impact on the way we socialize, shop, and play.

Inverse

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 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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Tribune News Service

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.

Evening Standard

It was the end of easy money that took the shine off tech in 2022

City comment: After a period of naïve optimism and financial malpractice, it’s time for the tech sector to snap back to reality

WEKU

From Twitter chaos to TikTok bans to the metaverse, social media had a rocky 2022

From Facebook's troubled pivot to the metaverse to Twitter's management chaos to industry-wide layoffs, social media companies have had a rocky 2022

Inverse

The Quest Pro needs to steal this one feature from the Nreal Air

Meta's $1,500 Quest Pro really needs video/HDMI-in so you can watch more content from any devices, just like you can on the $379 Nreal Air AR smart glasses.

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Inverse

How to use a real keyboard inside VR on the Quest Pro

With support in several different productivity apps, a keyboard is the best way to take productivity tasks on the Quest Pro to the next level.

Axios

The evolution of news dumps

In Meta's case, the data reveals a pivot away from dumping news in favor of burying it.

Inverse

The Quest Pro is not going to replace your monitor setup

Horizon Workrooms, Immersed, and more are exciting alternatives to owning multiple monitors, but hardware realities still hold them back.

Inverse

The worst thing about the Quest Pro isn't its price, it's the speakers

The speakers on Meta's $400 Quest 2 sound better than on the $1,500 Quest Pro. At least to this editor.

Evening Standard

Who could replace Elon Musk as Twitter CEO?

Here’s a look at six candidates in the running for the coveted role should the billionaire follow through with his poll promise

Daily Mirror

Meta Quest 2's crappy data privacy policy is just the opening the new HTC VR headset needs

HTC's newest standalone VR headset will be announced next month, and in a dig at Meta, it's highlighted that user privacy at the forefront of the hardware.

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.

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