Meta, X, TikTok, Snap and Discord confront Congress eager for tighter social media regulation

(L-R) Shou Zi Chew, CEO of TikTok, Linda Yaccarino, CEO of X, and Mark Zuckerberg, CEO of Meta testify before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC. Alex Wong | Getty Images “We could regulate you out of business if we wanted to,” a frustrated … Read more

How Ready Is Meta for the Biggest Election Year in History?

What we asked for was for Meta to clarify that its policy restricting account for public figures should apply not only in contexts where we have incidents of civil unrest or incidents of violence, but also where political expression is preemptively suppressed or responded to with violence or threat of violence from the state using … Read more

Tech layoffs jump in January as Alphabet, Meta, Microsoft reach high

L-R: Mark Zuckerberg, CEO of Facebook, Satya Nadella, CEO of Microsoft, and Sundar Picahi, CEO of Google. Reuters | Getty Images The S&P 500 is trading at a record and the Nasdaq is at its highest in two years. Alphabet shares reached a new pinnacle on Thursday, as did Meta and Microsoft, which ran past … Read more

Creeps Will Have a Harder Time Sliding Into Instagram and Facebook DMs

Photo: Michaela Handrek-Rehle/Bloomberg (Getty Images) Meta no longer allows teenagers to receive direct messages from anyone they’re not following on Instagram, or friends with on Facebook, according to a company blog post on Thursday. The policy update aims to create a safer environment for minors on the platform, one week after Meta’s internal documents revealed … Read more

Meta is rolling out tighter teen messaging limitations and parental controls

Meta announced today that it is rolling out new DM restrictions on both Facebook and Instagram for teens that prevent anyone from messaging teens. Until now, Instagram restricts adults over the age of 18 from messaging teens who don’t follow them. The new limits will apply to all users under 16 — and in some … Read more

Meta is going all in on artificial general intelligence, says Zuckerberg. Here’s why it matters

Getty Images/peterhowell Meta has kept up in the AI race, releasing new generative AI models, features, and research constantly. However, the company is now positioning itself to dive into artificial general intelligence (AGI).  On Thursday, Meta CEO Mark Zuckerberg took to Threads to post an almost two-minute video updating the public on the company’s AI … Read more

Mark Zuckerberg indicates Meta is spending billions on Nvidia AI chips

Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023. Josh Edelson | AFP | Getty Images Meta is spending billions of dollars on Nvidia’s popular computer chips, which are at the heart of artificial intelligence research and projects. In an Instagram … Read more

Meta shares close at a record as last year’s rally continues

Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023. Josh Edelson | AFP | Getty Images Meta’s stock price has fully rebounded from its awful year in 2022. The share rose almost 2% Friday to close at $383.45, setting a new … Read more

Sheryl Sandberg, former Facebook COO, to step down from Meta board

Sheryl Sandberg will step down from the board of Meta, the parent company of Facebook, in May. The 54-year-old announced the news — where else — on her Facebook page, in a post that explained that “the Meta business is strong and well-positioned for the future, so this feels like the right time to step … Read more

Sheryl Sandberg Is Leaving the Meta Board

Photo: Lino Mirgeler/picture alliance (Getty Images) Sheryl Sandberg, original girlboss and longtime fixture at Facebook, is formally stepping down from her position on Meta’s board. Sandberg announced her transition away from the company on Wednesday in a post that she made, appropriately, on Facebook. Russian Court Says Meta Is “Extremist Organization” “With a heart filled … Read more