Third round of Meta layoffs sends another 6,000 to the unemployment line

Meta has begun making the last of what it has claimed would be three major rounds of layoffs, although there may yet be further smaller series of redundancies to come.

William Gallagher 3 years ago 5

Meta slapped with record $1.3 billion fine over EU-US data transfers

Meta has been hit by a record-breaking fine of 1.2 billion euros ($1.3 billion) by the European Union, for breaking digital privacy rules by transferring the data of EU citizens to U.S. servers.

Malcolm Owen 3 years ago 8

Supreme Court overturns ruling holding platforms responsible for users' criminal activity

The Supreme Court has maintained that internet platforms such as social media are not responsible for users' content and actions, even if it results in criminal conduct or death.

Amber Neely 3 years ago 9

FTC wants Facebook to stop rolling out new services until it can guarantee user privacy

The FTC wants to stop Meta from debuting new products and services profiting from the data it collects, until they comply with privacy requirements for minors.

Andrew Orr 3 years ago 5

The Facebook privacy settlement is real — how to claim your share

Facebook users can submit a claim for a share of the $725 million class action settlement of a lawsuit over the Cambridge Analytica scandal. Here's how to get your share.

Andrew Orr 3 years ago 6

Meta & Google shouldn't be allowed to bully their way out of paying for news

Journalism has been nearly destroyed by Google and Facebook stealing news — and they should not be allowed to use threats to escape regulation demanding that they pay for profiting from it.

William Gallagher 3 years ago 15

Facebook also launches blue-check Verified program

Meta's Facebook is rolling out its own verification program to users that gives access to a blue check mark and exclusive features, very similar to Twitter's paid offering.

Andrew Orr 3 years ago 13

Meta cuts another 10,000 jobs in 'year of efficiency'

Facebook owner Meta is almost doubling the number of employees that is laying off that it previously announced, and also plans to leave many further jobs that it has advertised, vacant.

William Gallagher 3 years ago 28

Meta's 'year of efficiency' continues, thousands more expected to be laid off

Meta is not quite finished streamlining its workforce, with plans for another culling of thousands of employees being considered by management.

Malcolm Owen 3 years ago 17

Meta leaks its AR four-year plan before Apple can beat them

Meta has made sure its new AR/VR plans would leak, as it tries to leverage its five-year lead to establish itself as the headset company to beat — before Apple makes its announcements.

William Gallagher 3 years ago 12

Facebook has decided that paid user validation is also the way to go

Meta is joining Twitter in providing a paid verification subscription to customers, with Meta Verified allowing other users to confirm the identity of its subscribers on Facebook and Instagram.

Malcolm Owen 3 years ago 16

Meta is slowly recovering, but still 'at the whim of Apple' says exec

Following its precipitous stock value fall in 2022, and mass layoffs in 2023, Facebook owner Meta sees recovery on the horizon — but is warning staff that the hits it keeps taking from Apple's privacy moves are not going away.

William Gallagher 3 years ago 10

EU hits Meta with $411 million fine for forcing users to accept personalized ads

Meta, the parent company of Facebook and Instagram, has been told by a European Union privacy regulator that it cannot require users to opt into personalized ads, fines them $411 million.

Wesley Hilliard 3 years ago 7

Cambridge Analytica suit settled for historic $725 million [u]

In the largest privacy class action lawsuit settlement yet, Facebook owner Meta has agreed to pay $725 million to settle charges over use of customer data without permission.

William Gallagher 3 years ago 4

Meta's 11,000 job cuts may be only the beginning

Mark Zuckerberg says that laying off 13% of Meta's workforce is a "sad moment" — and analysts predict more cuts are coming as ad revenues continue to crumble.

William Gallagher 3 years ago 24

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