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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 the reason behind the change is to make the social network easier to use. “As part of our efforts to make Facebook easier to navigate and use, we’re removing a handful of profile fields: Interested In, Religious Views, Political Views, and Address,” the the spokesperson said in a statement. “We’re sending notifications to people who have these fields filled out, letting them know these fields will be removed. This change doesn’t affect anyone’s ability to share this information about themselves elsewhere on Facebook.” The change was first spotted by social media consultant Matt Navarra, who tweeted a screenshot of the notice being sent to users who have these fields filled out. The notice indicates that users’ other information will remain on their profiles, along with the rest of their contact and basic information. Facebook’s decision to get rid of these specific profile fields is part of its efforts to streamline its platform, which currently consists of several features that are somewhat outdated. It’s worth noting that the information fields that Facebook is choosing to remove are ones that other major social networks don’t offer. Platforms like Instagram and TikTok have simple bios that let users share a little bit about themselves without going to specific details, such as political or religious views. In the past, people may have been interested in filling out their profiles with additional information, but as privacy infringements have come to light, users may no longer want to share extra details about themselves online. The news comes as Meta laid off 11,000 workers, which is about 13% of its workforce last week. The layoffs came amid a tough time for Meta, which provided lukewarm guidance last month October regarding its upcoming fourth-quarter earnings. The layoffs marked the most significant job cuts in the tech giant’s history.

WhatsApp broadens in-app features to help users browse and find businesses • ZebethMedia

WhatsApp is introducing new Yellow Pages-like features to help users find businesses from within the instant messaging app, part of the Meta-owned platform’s growing attempts to make deeper inroads with e-commerce. The encrypted messaging service, used by over 2 billion users worldwide, said on Thursday that it’s expanding a feature called ‘Directory’ to all users in the key overseas market of Brazil to help them browse and discover local small businesses in their neighborhoods. The nationwide rollout follows WhatsApp testing the directory feature in Sao Paulo last year. WhatsApp is also introducing the ability to find larger businesses from within the app. The feature – rolling out in several markets (Brazil, Colombia, Indonesia, Mexico and the U.K.), a spokesperson told ZebethMedia – will allow users to browse businesses by category such as banking, food and drink and travel as well as by their names. The feature, called ‘Business Search,’ aims to help individuals avoid having to spend time looking for phone numbers of businesses from their websites and keying in and saving those details to their phone contacts, the company said at a WhatsApp-focused business summit in Brazil. The new features underscore WhatsApp’s growing attempts to turn the behemoth messaging app into a commerce engine, one of its largest bets to generate revenue from the otherwise free service. The company disclosed in the quarterly earnings last month that the click-to-WhatsApp ads business had grown 80% year-over-year and was on track to generate $1.5 billion in annual revenue. “We want to make it easier for people to get more done on WhatsApp,” Meta CEO Mark Zuckerberg said at the summit. “Part of that is building better ways to engage with businesses. And while millions of businesses in Brazil use it for chat, we haven’t made it easy to discover businesses or buy from them, so people end up having to use work-arounds. The ultimate goal here is to make it so you can find, message and buy from a business all in the same WhatsApp chat.” Brazil, the most populous nation in Latin America, is a key region for WhatsApp. The platform, which has amassed over 120 million users in Brazil, has chosen the South American market for testing several new business offerings. WhatsApp last year introduced a payments-to-merchant service in Brazil, in what was briefly a world-first feature for WhatsApp. It rolled back the functionality shortly afterwards following the local central bank stating that adequate risk and regulatory tests were needed to be undertaken first. Brazil’s monetary authority said at the time that its decision would “preserve an adequate competitive environment, that ensures the functioning of a payment system that’s interchangeable, fast, secure, transparent, open and cheap.” The encrypted messaging platform, which received the approval to operate peer-to-peer payments in the nation last year, said it’s still waiting for the regulatory clearance on merchant payments. But that’s not stopping it from continuing some development work. Payments giant Cielo, multinational Fiserv, merchants acquirer Getnet, payments platform Mercado Pago and credit and debit cards player Rede have built the technical integration with WhatsApp and many of them are participating in production testing, Meta-owned unit said. “If you run a business in Brazil, that means people will be able to find you, contact you and purchase from you all in one WhatsApp chat, and we’re working to bring this experience to more countries in the coming months too,” Zuckerberg said. “This is the next step for business messaging and I’m looking forward to hearing about the opportunities this unlocks for all of you.”

WhatsApp India head Abhijit Bose, Meta India public policy director Rajiv Aggarwal quit • ZebethMedia

WhatsApp’s head of India Abhijit Bose and Meta’s public policy head for the country Rajiv Aggarwal have both left the social networking firm — just days after Meta India chief Ajit Mohan quit the company to join rival Snap. On Tuesday, Meta confirmed the departure of both executives. The company also announced the appointment of Shivnath Thukral as its director of public policy in the country — replacing Aggarwal, who joined the company last year from Uber. “I want to thank Abhijit Bose for his tremendous contributions as our first Head of WhatsApp in India. His entrepreneurial drive helped our team deliver new services that have benefited millions of people and businesses. There is so much more WhatsApp can do for India and we’re excited to continue helping advance India’s digital transformation,” said Will Cathcart, Head of WhatsApp, in a prepared statement. More to follow…

The power pendulum is swinging back to employers, isn’t it? • ZebethMedia

Tech layoffs may get worse before they get better — which means that the next few months will be full of companies trying to pivot their way to survival during this extended downturn. At least that’s what entrepreneur Nolan Church, who helped lead Carta’s 2020 layoffs as its chief people officer, thinks. He estimates that another 30,000 to 40,000 tech employees around the world will be laid off in Q1 2023 — a number that follows the more than 100,000 layoffs so far in 2022, according to layoffs.fyi data. Church chatted with me on Equity this past week about how his experience in the people operations world, at both Carta and DoorDash, has influenced his perspective on the best playbook for layoffs. He’s also building Continuum, a venture-backed startup that wants to match executive talent with startups for full-time and fractional opportunities. Unsurprisingly, his vision for a more flexible workforce fits well into the fact that tens of thousands of employees are now looking for work after just this week’s layoff stampede alone. My entire conversation with Church lives now wherever you find podcasts, so take a listen if you haven’t yet. Below, we extracted four key excerpts from the interview, from canned CEO statements to how he’s thinking about Twitter’s workforce reduction. The conversation Let’s talk about Twitter and ownership. We saw Jack Dorsey tweet a few days after the layoff that he ultimately owns responsibility for the fact that Twitter overhired. That delay in his response created a lot of attention, which made me wonder if the bar is getting higher when it comes to the way that employees expect CEOs to take responsibility for large-scale layoffs. Over the last 12 years, the pendulum between who has power between employees and employers has drastically swung toward employees. Now we’re in a moment where the pendulum is swinging back. If I predict where the next five to 10 years are going, the best talent is ultimately always going to be sought after. And I think employees now will continue to hold more power as they go forward. And they will remember how companies handle this moment. To your point around Jack, very candidly, I thought [his statement] was so weak. He waited to say anything; he sent out like two sentences. As somebody who has followed Jack and has been a fan of Jack for a very long time, I thought that this was the definition of weak leadership. And I would have expected more from him. And if I was an employee thinking about working for Jack in the future, I would think twice about it.

It’s not a rug pull if it’s an accident • ZebethMedia

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. We thought that last week was a lot. It was, but this week was somehow more. More chaotic, rapid-fire change at a number of massive tech companies kept us on our toes. So, while our beloved co-host Natasha was out, we couldn’t do the recording down a set of hands, so we brought Becca aboard with Mary Ann and Alex. The list of news was so long that we were cutting entire sections up until we hit record, and even still we went over time. If you like longer episodes, this one is for you. Deals of the Week: What’s going on with the former Peloton CEO’s new rug startup? And how is Tellus going to offer much better consumer savings rates? And, finally, how wrong can Alex get the Harmonic business model until he figures it out live on the show? Mega-layoffs: From there, we had to sit down and discuss the massive Meta layoffs. Our read is that the company is doing right by the folks it is cutting, which is not as much as we can say about some other companies in the world also undergoing massive staffing cuts. Naturally, this brought up Twitter to a degree, the smaller social network being the Main Character in tech news up until, well: WTF FTX? Ah, FTX. Last week it was worth $32 billion and its founder was arguably the face of crypto around the world. And now Sequoia has pulled its on-site hagiography, SBF is a pariah, and FTX may be going to zero. There’s going to be a mini-series about this, isn’t there? We are back Monday! Have a lovely weekend! Equity drops at 7 a.m. PT every Monday and Wednesday, and at 6 a.m. PT on Fridays, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. ZebethMedia also has a great show on crypto, a show that interviews founders, one that details how our stories come together, and more!

Facebook, TikTok, Twitter failed election integrity test in Kenya’s elections • ZebethMedia

Social media platforms Facebook, TikTok and Twitter did not live up to their election integrity pledges during Kenya’s August elections, according to a new study by the Mozilla Foundation. The report says content labeling failed to stop misinformation, as political advertising served to amplify propaganda. The study found that hours after voting ended in Kenya these social media platforms were awash with mis- and disinformation on candidates that were purported to have won the elections, and that labeling by Twitter and Tiktok was spotty and failed to stop the spread of these falsehoods. It says that the spotty labeling of posts calling the elections ahead of the official announcement affected some parties more than others, which made the platforms seem partisan. Facebook failed majorly on this front by not having “any visible labels” during the elections, allowing the spread of propaganda — like claims of the kidnapping and arrest of a prominent politician, which had been debunked by local media houses. Facebook recently put a label on the original post claiming kidnapping and arrest of the prominent politician. “The days following Kenya’s federal election were an online dystopia. More than even, we needed platforms to fulfill their promises of being trustworthy places for election information. Instead, they were just the opposite: places of conspiracy, rumor, and false claims of victory,” said Odanga Madung, the Mozilla Tech and Society Fellow who conducted the study and previously raised concerns over the platforms inability to moderate content in the lead up to the Kenya’s elections. Mozilla found similar failures during the 2021 German elections. “This is especially disheartening given the platform’s pledges leading up to the election. In just a matter of hours after the polls closed, it became clear that Facebook, TikTok and Twitter lack the resources and cultural context to moderate election information in the region.” Prior to the elections these platforms had issued statements on measures they were taking in the lead up to Kenya’s elections including partnerships with fact-checking organizations. Madung said that in markets like Kenya, where the trust level of institutions is low and challenged, there was need to study how labeling as solution (which had been tested in western contexts) could be applied in these markets too. Kenya’s general election this year was unlike any other as the country’s electoral body the Independent Electoral and Boundaries Commission (IEBC) released all results data to the public in its quest for transparency. Media houses, parties of main presidential contenders– Dr. William Ruto (now president) and Raila Odinga, and individual citizens conducted parallel tallies that yielded varying results, which further “trigger[ed] confusion and anxiety nationwide.” “This untamed anxiety found its home in online spaces where a plethora of mis- and disinformation was thriving: premature and false claims of winning candidates, unverified statements pertaining to voting practices, fake and parody public figure accounts…” Madung added that platforms implemented interventions when it was too late, and ended soon after elections. This is despite knowledge that in countries like Kenya, where results have been challenged in court in the last three elections, more time and effort is required to counter mis- and disinformation. Political advertising The study also found that Facebook allowed politicians to advertise 48 hours to the election day, breaking Kenya’s law, which requires campaigns to end two days before the polls. It found that individuals could still purchase ads, and that Meta applied less stringent rules in Kenya unlike in markets like the U.S. Madung also identified several ads containing premature election results and announcements, something Meta said it did not allow, raising the question of safety. “None of the ads had any warning labels on them — the platform (Meta) simply took the advertiser’s money and allowed them to spread unverified information to audiences,” it said. “Seven ads may hardly be considered to be dangerous. But what we identified along with findings from other researchers suggests that if the platform couldn’t identify offending content in what was supposed to be its most controlled environment, then questions should be raised of whether there is any safety net on the platform at all,” said the report. Meta told ZebethMedia that it “relies on advertisers to ensure they comply with the relevant electoral laws” but has set measures that ensure compliance and transparency including also verifying persons posting ads. “We prepared extensively for the Kenyan elections over the past year and implemented a number of measures to keep people safe and informed- including tools to make political ads more transparent, so people can scrutinize them and hold those responsible to account. We make this clear in our Advertising Standards that advertisers must ensure they comply with the relevant electoral laws in the country they want to issue ads,” said Meta Spokesperson. Mozilla is calling on the platforms to be transparent on the actions they take on their systems to uncover what works in stemming dis- and misinformation, and to initiate interventions early enough (before elections are held) and after sustain the efforts after the results have been declared.

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 of how specific departments, products and regions are being impacted, Meta’s also released some updated financials for 2023 that detail billions shaved off of its expenses estimates on the back of reduced hiring and less capex spending in areas like metaverse. In an 8-K filing today, the company confirmed it will reduce hiring next year, shaving off between $1 billion and $2 billion off its 2023 total expenses range as a result. Overall expenses for 2023 are now estimated at between $94 billion and $100 billion, versus its previous range of $96 billion to $101 billion. “The updated range reflects our plan to add fewer employees in 2023 than we previously expected as we are significantly slowing our hiring trajectory through the beginning of 2023,” Meta said, expanding on words from CEO Mark Zuckerberg in his open letter, which referred to a “hiring freeze” in Q1. (The expenses figure includes $2 billion in charges due to reduced office facilities, which Meta had previously disclosed.) Meta also noted in the 8-K that it is narrowing capital expenditures for 2023 by $2 billion at the top end. Capex estimates are now between $34 billion and $37 billion, versus $34 billion and $39 billion previously. Meta doesn’t detail here which areas will be hit by those cuts — capex can include any number of things such as data centers and network infrastructure, as well as Meta’s costly “metaverse” effort — but it does note that the latter of these is not looking very bright. “We continue to anticipate that Reality Labs operating losses in 2023 will grow significantly year-over-year,” Meta said. Again, it doesn’t specify numbers, but Reality Labs (the division that houses the metaverse operation) accounted for $285 million in revenues in Q3, just 1% of the company’s total for that period. The company’s ambitions to grow metaverse and other new lines of business have been a big pull on Facebook’s balance sheet. For context, in 2020, the company sunk $15.72 billion into capex, a figure that ticked up in 2021 to $19.24 billion. In 2022, capex looks to be even more outsized against a stark backdrop of sluggish revenue due to declining returns on its core advertising business: Meta estimated in Q3 that 2022 capex would be in the range of $32 billion and $33 billion. “In this new environment, we need to become more capital efficient,” Zuckerberg wrote in his note today. “We’ve shifted more of our resources onto a smaller number of high priority growth areas — like our AI discovery engine, our ads and business platforms, and our long-term vision for the metaverse. We’ve cut costs across our business, including scaling back budgets, reducing perks, and shrinking our real estate footprint. We’re restructuring teams to increase our efficiency.” Revenue ranges previously provided by Meta for Q4 revenue — between $30 billion and $32.5 billion — are unchanged, it said in the 8-K filing today, as are the ranges it provided for overall expenses in 2022, which are between between $85 billion and $87 billion.

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 especially sorry to those impacted.” The news comes as companies across the technological spectrum have announced huge swathes of redundancies in recent weeks, with Twitter laying off some half of its 7,500 workforce in the wake of Elon Musk’s arrival at the helm, while Stripe revealed plans to cut its headcount by 14%, or 1,120 employees. This is a breaking story, refresh for updates    

Instagram rolls out an in-app scheduling tool to all professional accounts • ZebethMedia

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 long relied on third-party tools to schedule posts on Instagram, so the new scheduling tool will likely be a game changer. The official launch comes a few weeks after the social network began testing the scheduling tool with select users. With the new tool, businesses and creators will be able to schedule posts, reels and carousels directly in the app up to 75 days in advance. Once you have created a post, you can access the scheduling tool by tapping “Advanced settings.” Then, you will see a new “Schedule this post” toggle. After you have selected the new option, you will be able to select the time and date that you want the post to go live. You then need to navigate back to the Instagram post flow and tap “schedule.” Creators and businesses will be able to see scheduled posts in the “Scheduled Content” section that is accessible via the hamburger menu. The section also lets you reschedule content if needed. The launch of the new tool isn’t exactly a surprise, given that app researcher Alessandro Paluzzi noted that Instagram was working on a scheduling feature back in July. Instagram hasn’t said when or if regular accounts will get access to the in-app scheduling tool, but ZebethMedia has reached out to learn more. It’s worth noting that anyone can switch to a professional account by navigating to their account settings. In addition to rolling out the new scheduling tool, Instagram also launched “Achievements” in reels. Creators will be able to unlock achievements in relation to specific actions when creating a reel, such as collaborating with another creator, engaging with their community by making reels more interactive, making more than one reel in a week or using trending audio and effects. Creators will be notified when they have unlocked an achievement after publishing their reel. They will also be able to keep track of the achievements they have and haven’t earned. Instagram is testing Achievements globally starting this week.

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 business. During his stay at the firm, Facebook’s family of apps including Instagram and WhatsApp added over 200 million users in India and made a series of ambitious investments in the country, including cutting a $5.7 billion check to Indian telecom giant Jio Platforms and ramped up the commerce engine of WhatsApp. A McKinsey alum, Mohan rose to the stardom at Star, where he played an instrumental role in getting the entertainment conglomerate to launch a streaming service, called Hotstar. Along with Uday Shankar, Mohan also played a key part in the content strategy of Hotstar, banking on local movies and shows and sports streaming. The timely bet on online streaming and cricket helped Hotstar become a crown jewel in Disney’s portfolio after the Fox acquisition. “Ajit has decided to step down from his role at Meta to pursue another opportunity outside of the company,” Nicola Mendelsohn, Vice President of Global Business Group at Meta, said in a statement. “Over the last four years, he has played an important role in shaping and scaling our India operations so they can serve many millions of Indian businesses, partners and people. We remain deeply committed to India and have a strong leadership team in place to carry on all our work and partnerships. We are grateful for Ajit’s leadership and contribution and wish him the very best for the future.” (More to follow)

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