Meta implements hiring freeze, Zuckerberg warns of more downsizing ahead

Meta CEO Mark Zuckerberg told employees on Thursday that the company is enacting a company-wide hiring freeze and warned them that more downsizing is likely coming. First reported by Bloomberg’s Kurt Wagner and confirmed by sources to The Vergethe comments made during an internal all-hands call show how Meta is responding to a decline in … Read more

Meta says ad-free Instagram client The OG App breaks its rules • TechCrunch

Last week, a startup called Un1feed launched an Instagram client called The OG App, which promised an ad-free and suggestion-free home feed along with features like creating custom feeds like Twitter lists. The app raked up almost 10,000 downloads in a few days, but Apple removed the app from the App Store for violating its … Read more

Meta infringes Voxer live streaming patents

Meta has been ordered to pay Walkie-Talkie messaging app creator Voxer $175 million as a fine. A jury in a Texas federal court found that the social media giant violated two live-streaming patents. Meta violates the patent on its Facebook Live and Instagram Live. The patents were developed by Voxer co-founder Tom Katis, a U.S. … Read more

Facebook Parent Meta, Google To Cut Costs And Staff, Report Says

What’s happening Facebook parent company Meta and Google are looking at ways to cut costs, including by reducing staff. Why it matters The moves show how the companies are bracing for an economic downturn. Facebook parent company Meta and Alphabet’s Google are reportedly cutting staff as the tech giants look to slash costs amid slowing … Read more

Meta is disbanding the team responsible for making its products more ethical

What you need to know Meta is disbanding its internal Responsible Innovation team and moving some employees to other groups within the organization. The Responsible Innovation team was formed years ago and was dedicated to helping teams at Meta create ethically responsible products. Meta says “most of its former members would continue similar work elsewhere … Read more

Facebook Parent Meta Aims to Fuel VR Ambitions With Latest Acquisition

What’s happening Facebook parent company Meta purchased a Berlin startup to help fuel its virtual reality ambitions. Why it matters Meta has been doubling down on creating the metaverse, virtual spaces where people can work, play and socialize. VR is a key part of those efforts, but Meta is also facing allegations from regulators that … Read more

Meta and Qualcomm signed an agreement to jointly produce custom chips for VR devices

In the development of advanced technologies, it is often common to find top companies forming alliances. According to reports, Facebook parent company Meta and Qualcomm will cooperate in VR devices development. The announcement was made at the “Berlin Consumer Electronics Show” that the two sides have signed an agreement. Qualcomm will develop chips for Meta’s Quest … Read more

Meta plans to bring paid features to Facebook, Instagram, WhatsApp

Meta is setting up a product organization to identify and build “possible paid features” for Facebook, Instagram, and WhatsApp, according to an internal memo sent to employees last week that was obtained by The Verge. The new division is Meta’s fist serious foray into building paid features across its main social apps, all three of … Read more

Meta lets advertisers in India pay for their ad campaigns in ‘no-cost’ monthly installments – TechCrunch

Meta has introduced a feature to let its advertisers in India pay for their advertising campaigns in ‘no-cost’ monthly installments for over three months — a move to help the social networking giant expand its advertising business in the South Asian country. Announced at its annual business-focused summit on Tuesday, the feature allows Meta’s advertisers to … Read more