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Meta’s body-blow layoff announcement will see the parent of Facebook, Instagram and WhatsApp making its first-ever major layoffs as a company, cutting 11,000 employees, 13% of its total; predictably investors are responding favorably, bumping the stock up by over 5% in pre-market trading. Whi

Facebook, Instagram and WhatsApp’s parent company Meta has confirmed a huge round of layoffs, amounting to 13% of its workforce. “I want to take accountability for these decisions and for how we got here,” CEO and co-founder Mark Zuckerberg wrote in a statement. “I know this

Twitter is turning the famous blue check mark into a symbol that denotes you’ve paid Elon Musk $8, rather than one that identifies public figures. But of course, if anyone with a spare $8 and a fragile ego can get verified, then the symbol is rendered meaningless, paving the way for trolls to

Instagram is rolling out an in-app scheduling tool to all professional accounts in its app, the company has announced. The new tool allows businesses and creators to schedule their posts in advance without having to use third-party apps or Creator Studio. Social media managers and creators have lon

As the U.S. braces for midterm elections, the first major voting cycle since the violence on January 6, Elon Musk's intensely chaotic Twitter takeover adds more uncertainty to an already tense time. While other major platforms pull out their dusty playbooks for dealing with viral misinformation

As mass layoffs begin at Twitter, major advertisers are pausing their campaigns on the social network — a move that’s gotten the attention of newly minted CEO Elon Musk. In a tweet this morning, Musk blamed a “massive drop” in Twitter revenue on “activist groups pressu

So let’s say hypothetically, you’re an extremely online billionaire who just bought a social media platform for $44 billion, a purchase you presumably regret given the fact that you spent months in legal limbo trying and failing to get out of the deal. You’re probably wondering ho

Ajit Mohan, the head of Meta in India, has left the firm and agreed to join rival Snap, according to sources familiar with the matter. At Snap, Mohan will serve as the president of the company’s APAC business, two sources said. (Updated at 8:50 p.m. India standard time: Mohan has confirmed th

More on rumors of looming job cuts at Twitter: Bloomberg is reporting that new owner Elon Musk will slash headcount by 50% to cut costs, citing people familiar with the matter. Its report suggests staff will begin being told Friday. Additionally, Bloomberg says Musk will reverse Twitter’s cu

Meta announced today that it is introducing a number of new creator updates across Instagram and Facebook. Most notably, the company revealed that creators on Instagram will soon be able to create their own NFTs and sell them directly to fans, both on and off Instagram. With this update, creators w

After meeting with a group of civil rights leaders about his content moderation plans, new “Chief Twit” Elon Musk has committed to uphold existing election integrity policies until at least after the results of next week’s U.S. midterm elections have been certified. According to s

Some three years after first introducing a curated news section for publishers, Meta has confirmed that it’s ditching the humans and leaning entirely on algorithms for Facebook News in all markets where it’s available. Meta, then known simply as Facebook, introduced Facebook News back i

We’ve been hearing for years how TikTok hoovers up data globally and presents it to its parent company in China, and potentially thence to the powers that be. But despite renewed calls today from FCC commissioner Brendan Carr, the popular app is very unlikely to be outright banned. That doesn

With its biggest product launch in years, Twitch is betting on a near future of the platform that features more dynamic conversations, expanding its current focus beyond mostly solo streamers. Through a new tool called Guest Star, which launched in a limited beta earlier this year, streamers can no