A wave of layoffs at tech giants like Facebook parent Meta, Amazon and Twitter — along with falling share prices — seems to signal a changed environment for big tech.
Platforms like Facebook and Twitter are generally staying the course from the 2020 voting season, which was marred by conspiracies and culminated in the Jan. 6 insurrection at the U.S. Capitol. Video app TikTok, which has soared in popularity since the last election cycle, announced Wednesday it is launching an election center.
The company faces challenges on multiple fronts, but it was a dismal earnings report Wednesday that triggered the sudden collapse in its share price.
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Facebook CEO Mark Zuckerberg said his company is rebranding itself as Meta in an effort to encompass its virtual-reality vision for the future — what Zuckerberg calls the “metaverse.”
The metaverse is the latest buzzword to capture the tech industry’s imagination. Facebook is hiring thousands of engineers in Europe to work on it, while video game companies are outlining their long-term visions for what some consider the next big thing online.
Facebook is also planning to introduce new controls for adults of teens on an optional basis so that parents or guardians can supervise what their teens are doing online. These initiatives come after Facebook announced late last month that it was pausing work on its Instagram for Kids project.
Santosh Janardhan, Facebook’s vice president of infrastructure, said in a blog post that Facebook, Instagram and WhatsApp going dark was “caused not by malicious activity, but an error of our own making.”
The six-hour outage was a headache for many casual users but far more serious for the millions of people worldwide who rely on the social media sites to run their businesses or communicate with relatives, parents, teachers or neighbors.
Frances Haugen, testifying to the Senate Commerce Subcommittee on Consumer Protection, also offered thoughtful ideas about how Facebook’s social media platforms could be made safer.
Facebook and its Instagram and WhatsApp platforms are back online after a massive global outage plunged the services and the businesses and people who rely on them into chaos for hours Monday.
A data scientist who was revealed Sunday as the Facebook whistleblower says that whenever there was a conflict between the public good and what benefited the company, the social media giant would choose its own interests.
For many of us, social media is a convenient way to keep in touch with family, friends and colleagues. But sharing false information on platforms like Facebook during a global pandemic can have life or death consequences.
Facebook says it will suspend former President Donald Trump’s accounts for two years following its finding that he stoked violence ahead of the deadly Jan. 6 insurrection.
Facebook says it will no longer remove claims that COVID-19 is human-made or manufactured “in light of ongoing investigations into the origin of COVID-19 and in consultation with public health experts.”
Former President Donald Trump won’t return to Facebook — at least not yet. Four months after Facebook suspended Trump’s accounts for inciting violence that led to the deadly Jan. 6 Capitol riot, the company’s quasi-independent oversight board upheld the bans.