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Zelensky 'Surrender' Deepfake May Be Just the Start

Meta has taken phony clip down, but experts warn there could be more, and better ones, to come

(Newser) - Earlier this month, Ukraine's military intel agency issued a warning about the possibility of Russia using deepfake technology to spread disinformation in the ongoing Russia-Ukraine conflict . That has now apparently come to pass: Facebook parent Meta has removed a phony clip purporting to show Ukrainian President Volodymyr Zelensky surrendering...

Starting Monday, No More Instagram in Russia

After same move on FB, nation bans social media site due to 'calls for violence' against Russians

(Newser) - Earlier this month, Russia blocked access to Facebook. Now citizens are about to lose access to Instagram, a widening of the net that's "squeezing the free flow of information online for Russians," per NPR . Insider reports that Roskomnadzor, Russia's media overseer, announced Thursday that starting Monday,...

Is Mark Zuckerberg a Robot? Traffic Lights Reveal the Truth

Podcaster asks Zuckerberg to prove he's not 'Zuckerborg'

(Newser) - Mark Zuckerberg has long known that he comes across as, well ... not quite human, acknowledging in a 2019 interview that "historically, I've had a very hard time expressing myself. ... I just come across as robotic." One computer scientist and AI researcher recently decided to carry out a...

Meta Promotes Clegg to Face Regulatory Heat

Former UK deputy prime minister will be on level with Zuckerberg, Sandberg

(Newser) - Mark Zuckerberg has installed a former British political leader as the public point person for regulatory issues involving Meta. Nick Clegg will be the company's president of global affairs, the CEO announced, after joining Facebook in 2018 as vice president for global affairs and communications. Clegg's policy experience...

Meta Zaps &#39;Openness&#39; From Its Values
Meta's Rebranding
Continues—to Laughs
THE RUNDOWN
Feb 16, 2022 10:30 AM CST

Meta's Rebranding Continues—to Laughs

Twitter users, employees ridicule changes announced Tuesday

(Newser) - Controversy-prone Meta is digging deeper into its overhaul with new company values revealed Tuesday. They didn't go over so well. As the Washington Post reports, the changes described at a virtual all-hands meeting—streamed for the first time on Facebook's virtual-reality platform, Horizon Venues—"were ridiculed by...

Peter Thiel to Leave Facebook for Politics

Longtime director, a mentor to Zuckerberg, will support Trump candidates

(Newser) - Peter Thiel, a longtime member of Facebook's board known for his sometimes-contrarian views, will leave the company this year to focus on politics. He was an early investor in the company and joined the board in 2005, one year into the small startup's existence, CNN reports. He was...

Meta Plunge Knocks Zuckerberg Out of Top 10 Billionaires

Bezos is set to get $20B richer

(Newser) - Share price swings have brought the fortunes of two tech billionaires up—and down—by amounts equivalent to the GDPs of small countries. Shares in Meta, Facebook's parent company, plummeted 26% on Thursday, bringing Mark Zuckerberg's net worth down by around $29 billion to $85 billion, reports Reuters...

Facebook&#39;s Brutal Day Helps Sink Stock Market
Facebook's Brutal Day
Helps Sink Stock Market
MARKETS
Feb 3, 2022 3:14 PM CST

Facebook's Brutal Day Helps Sink Stock Market

Parent company Meta has a historically bad day

(Newser) - The stock market had a rough day on Thursday, thanks largely to a historically bad day for Facebook parent company Meta . Its shares fell 26%, which wiped out more than $220 billion in market value—"the largest drop in history for any company," per the AP . As for...

Meta Loses $200B in Market Value Within Hours

Facebook's daily users fell in Q4 for the first time

(Newser) - For the first time in its 18-year history, Facebook is losing more daily users than it's gaining—and Meta and its CEO are feeling the burn. Shares in the company plunged more than 20% in after-hours trading Wednesday, wiping out $200 billion in market value, after Facebook reported losing...

Zuckerberg Just Expanded His 'New Monarchy' in Hawaii

He spends $17M to add 110 more acres to his estate

(Newser) - Mark Zuckerberg just added even more property to his Hawaii compound, a site that's been embroiled in controversy since he began scooping up land there in 2014. The Guardian reports the 37-year-old CEO of Facebook parent company Meta and his wife, Priscilla Chan, have dropped $17 million to tack...

Artist: 'Metaverse' Insta Handle Blocked After FB Name Change

Australia's Thea-Mai Baumann used the 'metaverse' handle, then suddenly got blocked

(Newser) - For nearly a decade, Thea-Mai Baumann, once the owner of an augmented-reality company called Metaverse Makeovers, used the Instagram handle "metaverse" to showcase her creative work. Last month, however, the Australian artist says she suddenly wasn't able to access her Insta, and she suspects Facebook's recent rebranding...

Facebook Exec: Don't Blame Us for Misinfo, Blame Yourselves

Incoming Meta CTO Andrew Bosworth says individuals bear responsibility for the spread

(Newser) - We all agree, for the most part, that the spread of misinformation has worsened today's politics and handling of contemporary health issues like COVID. What we may not all agree on, however, is the role that social media plays in promoting that spread. Andrew Bosworth, for instance, a longtime...

Facebook: Scientist Behind Misinformation Doesn't Exist

Account claimed US was pushing its scientists to blame virus on China

(Newser) - A disinformation network with ties to China used hundreds of fake social media accounts— including one belonging to a fictitious Swiss biologist—to spread an unfounded claim that the US pressured scientists to blame China for the coronavirus, Facebook said Wednesday. The company based in Menlo Park, California, did not...

Teen Brand Quits Social Media: 'Something Has to Change'

Lush will shutter IG, FB, TikTok, Snapchat on Black Friday, won't come back til user safety is improved

(Newser) - While most brands are revving up their social media for Black Friday, Cyber Monday, and the rest of the holiday shopping season, one teen favorite just made a shocking announcement: It's shuttering its social media entirely on the day after Thanksgiving. At least for now, says Lush Cosmetics—known...

Bipartisan Group of AGs Is Investigating Instagram

They say Meta ignored research about dangers posed to young people

(Newser) - A group of state attorneys general is investigating the photo-sharing platform Instagram and its effects on children and young adults, saying its parent company Facebook—now called Meta Platforms—ignored internal research about the physical and mental health dangers it posed to young people. The investigation is led by a...

Facebook to Delete Faceprints of 1B Users

Company is shutting down its facial-recognition system

(Newser) - Facebook said Tuesday it will shut down its face-recognition system and delete the faceprints of more than 1 billion people, per the AP . The move comes as the company has come under intense scrutiny for causing harm with its technology. “This change will represent one of the largest shifts...

Facebook Mocked Over &#39;Meta&#39; Name Change
Internet Delights in Mocking 
Facebook's New Name
THE RUNDOWN
Oct 29, 2021 7:06 AM CDT

Internet Delights in Mocking Facebook's New Name

'Changing name to Meat,' Wendy's quips

(Newser) - Facebook has been accused of driving people apart—but commentators were near-unified in mocking the company after CEO Mark Zuckerberg revealed its new virtual-reality focused name Thursday. There were countless jokes about the name Meta, as well as concerns about what Zuckerberg is planning for what he calls the "...

Facebook Rebrands Itself &#39;Meta&#39;
Facebook Has a New
Company Name
Oct 28, 2021 1:29 PM CDT

Facebook Has a New Company Name

It's 'Meta'

(Newser) - Let the rebranding begin: Facebook CEO Mark Zuckerberg said Thursday that his company is rebranding itself as Meta in an effort to encompass its virtual-reality vision for the future , per the AP . The move comes widespread criticism that the company has knowingly caused social harm on its platform across the...

Media&#39;s Facebook-Is-Evil Claims Don&#39;t Add Up
Media's
Facebook-Is-Evil
Claims Don't
Add Up
OPINION
Oct 26, 2021 8:58 AM CDT

Media's Facebook-Is-Evil Claims Don't Add Up

Robby Soave at 'Reason' calls the Facebook Papers a 'nothingburger'

(Newser) - Facebook is taking a tremendous amount of flak this week thanks to the Facebook Papers—reporting from nearly 20 media outfits based on internal documents released by whistleblower Frances Haugen. The Washington Post has key takeaways here , but the upshot of coverage is that Facebook "prioritizes its business over...

Zuckerberg Fires Back in Announcing $9B Earnings

Facebook CEO says younger users will become the priority

(Newser) - Facebook delivered a third-quarter earnings report Monday that exceeded analysts' expectations, though revenue was off. The company reported, per MarketWatch : Stronger earnings. Facebook said quarterly earnings hit $9.19 billion for the quarter, or $3.22 a share; that figure was $2.71 a share a year ago. Weaker revenue....

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