Facebook is removing several information fields from profiles, including religious and political views • ZebethMedia

Facebook is notifying users that it will remove four information fields from profiles starting next month. These fields include religious views, political views, addresses and the “Interested in” field, which indicates a user’s sexual orientation. The change will go into effect on December 1. A spokesperson for the company told ZebethMedia in an email that […]

Meta slashes expenses on reduced hiring and capex investments • ZebethMedia

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. While the dust settles and we start to get an idea […]

Meta confirms 11,000 layoffs, amounting to 13% of its workforce • ZebethMedia

Facebook, Instagram, and WhatsApp’s parent company Meta has confirmed a huge round of layoffs, amounting to 11,000 employees or 13% of its workforce. “I want to take accountability for these decisions and for how we got here,” CEO and cofounder Mark Zuckerberg wrote in a statement. “I know this is tough for everyone, and I’m […]

Meta India head Ajit Mohan departs to join Snap • ZebethMedia

Ajit Mohan, the head of Meta in India, has left the firm and joined rival Snap, according to sources familiar with the matter. At Snap, Mohan will serve as the President of the APAC business, two sources said. Mohan joined Meta, called Facebook then, in January 2019 as a VP and MD of the India […]

Instagram will soon allow select creators to make and sell NFTs directly in its app • ZebethMedia

Meta announced today that’s 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 will have access to a toolkit that […]

Meta to ditch human-curated Facebook News stories globally • ZebethMedia

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 in 2019, kicking off initially to a small subset of users […]

Facebook expands its professional mode profile setting to all creators globally • ZebethMedia

Meta has announced the global expansion of its professional mode profile setting on Facebook to all creators. Professional mode is designed to be used by creators looking to monetize their followings on the social network. Facebook began testing professional mode with select creators in December 2021 and is now offering it to anyone on its […]

India to create committees with veto power over social media content moderation • ZebethMedia

India will set up grievance committees with the veto power to reverse content moderation decisions of social media firms, it said today, moving ahead with a proposal that has rattled Meta, Google and Twitter. The panels, called Grievance Appellate Committee, will be created within three months, it said. In an amendment to the nation’s new […]

Meta posts another revenue decline as investors voice metaverse concerns • ZebethMedia

Earlier this year, Meta posted its first quarterly revenue decline. Once again, Meta’s financials aren’t inspiring much faith in its investors this quarter. Meta’s revenue declined 4% year over year to hit $27.7 billion; but Meta CFO David Wehner pointed out on the earnings call today that some of this decline is owed to inflation. […]

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