Meta Completes Another Round of Layoffs in its ‘Year of Efficiency’
Facebook and Instagram parent company Meta completed yet another round of layoffs Wednesday, what is likely the final batch of job cuts the company announced in March.
Shutterstock to Acquire Giphy from Meta for $53M
Shutterstock is set to acquire animated GIF platform Giphy from Facebook and Instagram owner Meta for $53 million in cash, a divestment that the social media company is making in order to comply with United Kingdom regulators.
Meta Issued Record-Breaking $1.3 Billion Fine for Mishandling Data
Meta has been hit with a record-setting $1.3 billion fine from European Union (EU) regulators early Monday and was ordered to stop transferring data on EU residents to the United States.
Leaked Image Shows What Instagram’s New Twitter Competitor Looks Like
Meta was rumored to be working on a standalone Twitter competitor, and a new leak shows not only what it might look like, but also how it would pair and sync with Instagram and other apps.
Maryland Public Schools Sue TikTok and Meta Over ‘Addictive’ Platforms
Prince George's County Public Schools in Maryland has become the latest U.S. school district to sue Meta and TikTok for allegedly contributing to the mental health crisis among young people in recent months.
Meta Will Test Paying Creators Based on Reels Views
Meta is testing a new payout model that will pay Facebook and Instagram creators based on how many views their Reels get.
Meta Unveils Open-Source Multimodal Generative AI System
Meta has announced a new generative AI model called "ImageBind" that links together six different modalities; images, text, audio, depth, thermal, and IMU.
Report: Meta Struggling to Stop Child Sex Trafficking on Facebook and Instagram
A new report by The Guardian reveals Facebook and Instagram have become marketplaces for child sex trafficking and parent company Meta is struggling to take sufficient action to prevent criminals from using its platforms.
Meta Says Users Spent 24% More Time on Instagram Because of Reels
Meta says users are spending over 24% more time on Instagram because of its TikTok-clone, Reels.
Meta’s Oversight Board Says Platform Needs to Keep Up Efforts to Remove Misinformation
Meta’s independent Oversight Board says the company can’t start rolling back its efforts to remove misinformation, especially when it comes to Covid misinformation.
Meta’s Latest Round of Layoffs Will Hit Instagram
The latest round of cuts at Meta will affect Instagram as more layoffs hit the tech company Wednesday.
Do You Use Facebook? Meta May Owe You Money
Facebook users who had an account anytime between May 2007 and December 2022 might be among the tens of millions of users who are entitled to a cash payment from the social media platform.
This Music Video was Created from Passwords Leaked onto the Dark Web
A filmmaker downloaded a huge cache of passwords that had been leaked onto the dark web and used them to create a unique music video.
Bye-Bye Linktree? Instagram Now Lets Users Have Five Links in Their Bio
Meta is now allowing Instagram users to add up to five links in their bio on the social media platform, all but erasing much of the value of services like Linktree.
Meta’s New AI Can ‘Cut Out’ Objects in Photos and Video Instantly
Meta, the parent company of Facebook and Instagram, has demonstrated a new artificial intelligence-powered (AI) model that can "cut out" any object in any image or video with a single click. Surprisingly, the company has also made it open source.
You Can Now Save Instagram Posts into a Shared Album with Friends
Instagram has added a new feature called a "collaborative collection" which allows users to save posts in a shared space with family or friends.
Arkansas Sues TikTok and Meta Over its ‘Addictive’ Platforms
The state of Arkansas is suing Meta and TikTok, accusing the social media platforms of misleading consumers about the safety of children on its "addictive" platforms and deceiving users about the protection of their private data.
Hipstamatic is Back to Once Again Challenge Instagram
The retro iPhone camera app and one-time Instagram rival Hipstamatic is making its return to Apple's App Store today.
Instagram Co-Founder Doesn’t Like What the App Has Become
Kevin Systrom, one of Instagram's co-founders, says that the app has lost its "soul" and what used to be a place to connect with friends and family has become overly focused on turning into a business tool for creators and brands.
Meta’s Paid Verification Program for Instagram is Rolling Out Today
Meta's promised paid verification program is rolling out to Facebook and Instagram today, CEO Mark Zuckerberg announced on his Instagram channel.
Instagram is the App Americans Want to Delete Most
New data reveals that Instagram is the app that people in the U.S. want to delete more than any other.
Meta Lays Off 10,000 More Workers Ahead of a ‘Year of Efficiency’
Calling it a move to a "year of efficiency," Meta CEO Mark Zuckerberg has announced that the company will lay off 10,000 more workers and is closing about 5,000 open job listings.
Meta is ‘Winding Down’ NFTs on Facebook and Instagram
Not even eight months after launching widespread support for non-fungible tokens (NFTs) on Facebook and Instagram, Meta is pulling the plug.
Meta Cuts Bonus Payouts for Reels Creators
Meta is cutting its Reels Play bonus program on Instagram and Facebook, which offered monthly payouts to short-form creators who hit certain view counts and other metrics.
Meta is Preparing to Lay Off Thousands More Employees
Meta, the parent company of Facebook and Instagram, is gearing up for another round of layoffs that are expected to affect thousands of employees.
Facebook and Instagram to Combat the Sharing of Teen’s Intimate Photos
Facebook and Instagram have announced that they are founding members of Take It Down, a new platform designed to proactively prevent young people’s intimate images from spreading online.
Photos May Be Performing Better on Instagram as Reel Views Fall
A new report claims that Instagram Reels views are plummeting while photos are finally performing better on the social media platform.
Meta is Testing a BeReal-Like ‘Roll Call’ Photo and Video Feature
Meta is testing a BeReal-style "Roll Call" feature on its apps which will invite users to add a photo or a video to a prompt to show what they are up to within five minutes.
BeReal May Be On the Out: Users Have Nearly Halved Since Peak
BeReal, the "anti-Instagram" photo-sharing app that dominated Apple's App Store charts for much of last year, is already on the decline.
Meta Will Start Charging $12 a Month For Verification on Instagram
Mark Zuckerberg's Meta is taking a page out of Elon Musk's Twitter playbook and will roll out paid verification to both Instagram and Facebook starting this week.