Canadian government outlines proposed regulations for Online News Act, which it says will address Alphabet and Meta concerns. Facebook not convinced
TECHNOLOGY POWERING BUSINESS
News Facebook
Meta Shuts Down Huge Chinese Disinformation Campaign
Nearly 9,000 Facebook and Instagram accounts associated with Chinese disinformation campaign have been closed by Meta
Canadian PM Trudeau Slams Facebook Amid Wildfire Crisis
Canada’s government continues to turn up the heat against Meta, with Prime Minister Trudeau calling news ban 'inconceivable'
Zuckerberg Says Elon Musk ‘Not Serious’ About Cage Fight
Meta's Mark Zuckerberg says it is time to move on from cage fight, after Elon Musk delays anticipated ring showdown
Meta Begins News Closure In Canada Over Publisher Payment Law
After repeated warnings, Meta begins process to end Facebook, Instagram news access in Canada, as government labels move 'irresponsible'
US States Fight Court Order Blocking Social Media Misinformation Efforts
Group of Democratic US states attorney general joins appeal against court order blocking government social media misinformation efforts
Facebook Parent Meta Profits From Advertising Increase
Year of efficiency paying off for Mark Zuckerberg, as Meta enjoys a strong second quarter thanks in part to advertising uptick
Canadian Government Halts Advertising On Facebook, Instagram
Federal government in Canada pulls its modest amount of advertising on Facebook, Instagram after Meta pulls news for Canadians
Meta Set To Launch Twitter Rival This Week
With downloads for Jack Dorsey's Bluesky booming, Meta this week is expected to launch its Twitter rival, Instagram Threads
Meta To Pull News On Facebook, Instagram In Canada
As promised, Meta is to pull news content from Facebook and Instagram in Canada, after the Online News Act becomes law
Meta ‘Prepares To Launch Twitter Rival’
Facebook and Instagram parent Meta prepares to launch text-based Twitter rival as it looks to offer 'sanely run' alternative
Meta Workers Told To Return To Office Three Days A Week – Report
Facebook parent organisation Meta requires staffers to return to the office three days a week, starting in September
Meta Warns It May Pull News Content In California
Proposed California legislation to require online platforms to pay news publishers, but Meta says it may withdraw news in its home state
Meta Starts Axing Nearly 20 Percent Of Irish Workforce
Nearly 500 jobs are being axed at Meta's international headquarters in Ireland, in its third and final round of layoffs
Meta Sells Giphy At Huge Loss After CMA Order
Mark Zuckerberg firm takes $260m (£210m) loss selling gif search engine Giphy, after UK ordered its divestment
Meta Fined Record £1bn Over Facebook Data Transfers
Ireland data office fines Facebook parent Meta £1bn over continued transfers of user data to US, presenting risk to 'fundamental rights'
Silicon UK Pulse: Your Tech News Update: Episode 3
Welcome to Silicon Pulse – your roundup of the latest tech news and developments impacting your business for the week ending 19/05/2023.
WhatsApp Adds ‘Chat Lock’ To Secure ‘Intimate’ Messages
Extra layer of security has been added for WhatsApp messages, with ability to lock and hide sensitive conversations
Meta Paid Verification Arrives For UK Users
Paid verification for Instagram and Facebook, dubbed Meta Verified, launches in UK at a cost of £9.99 per month for each service
Appeals Court Dismisses Lawsuit To Break Up Meta
US Federal Appeals court dismisses antitrust attempt by US states to breakup Facebook parent Meta Platforms
Meta Pleases Investors After Sales Rise, As Profits Dive
Plunge in profits at Facebook parent, but Meta pleases Wall Street after sales rose for first time after three quarters of decline
US Bill To Require Parental Consent For Kids Use Of Social Media
New bipartisan bill unveiled in US will require parental consent for anyone under the age of 18 to use social media
Meta Lays Off Technical Staffers, In Another Workforce Blow
Second tranche of layoffs begin at Meta Platforms, as engineers and other technical staff are made redundant
Meta To Layoff Another 10,000 Staff
Mark Zuckerberg's 'year of efficiency' continues after he makes “difficult decision” to axe 10,000 jobs, on top of November's 11,000 layoffs
New Meta Layoffs ‘Could Match Those of Last Year’
Upcoming layoffs at Meta could reportedly cut same proportion of staff as those announced last November, as company reins in spending
Meta Considering Twitter-Like Social Network
Facebook parent Meta considering launching Twitter-style stand-alone text-based social network amidst chaos at Elon Musk-owned platform
Meta Planning Thousands More Job Cuts – Report
Zuckerberg's promise of “year of efficiency” at Meta likely to entail more job losses, according to media report
Meta Cuts Prices For VR Headsets
Struggling to sell? Meta has cut prices for two of its virtual reality headsets amid reduced consumer spending on tech
Meta Forms AI Team To Compete With ChatGPT
Facebook, Instagram parent Meta forms AI-focused team to develop text and visual tools across its products, following success of OpenAI's ChatGPT
Facebook, Instagram To Get Paid Verification
Facebook, Instagram to offer paid 'blue tick' verification starting in Australia and New Zealand this week, following similar move by Twitter