Meta
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- grafician0
- Leg games!!!ShenanigansTV
- asian short girl legs?shapesalad
- grafician0
https://www.wsj.com/articles/met…
"Company Documents Show Meta’s Flagship Metaverse Falling Short
Most visitors to Horizon Worlds generally don’t return after first month; ‘an empty world is a sad world’"
- grafician1
"Facebook earnings cut in half, Meta stock sinks toward lowest prices in more than 6 years"
https://www.marketwatch.com/stor…
"Meta META, -5.59% posted third-quarter earnings of $4.39 billion, or $1.64 a share, down from $9.2 billion, or $3.22 a share last year. Total sales, most of which come from ads, were $27.17 billion, down from $29 billion a year ago. Both results missed the average forecast for profit of $1.90 a share and sales of $27.44 billion, according to analysts polled by FactSet."
- PioneerDJ3034
Meta Lays Off More Than 11,000 Employees
"Today I’m sharing some of the most difficult changes we’ve made in Meta’s history. I’ve decided to reduce the size of our team by about 13% and let more than 11,000 of our talented employees go," said Mark Zuckerberg in a letter to employees today. "I want to take accountability for these decisions and for how we got here. I know this is tough for everyone, and I’m especially sorry to those impacted."
The layoffs come at a tough time for the company, with rising costs and diving profits. Zuckerberg's investments in the metaverse alone have cost the company $9.4 billion in 2022 according to CNBC, and the company anticipates that losses “will grow significantly year-over-year.”
“This is a sad moment, and there’s no way around that. To those who are leaving, I want to thank you again for everything you’ve put into this place."- It was worse that he made them all wear the headsets to get sacked in the metaversePhanLo
- haha_niko
- https://i.imgur.com/…utopian
- Just in time for the holidaysMondoMorphic
- what do they all do?shapesalad
- is this 1998?ApeRobot
- Do any of you guys listen to the "All In Podcast"?HijoDMaite
- utopian4
- LOL I posted "How to succeed at Meta" a month ago
https://qbn.com/repl…grafician - Anyway four months salary as severance seems a fair dealgrafician
- Anyway I don't see Meta surviving next year at this rategrafician
- sweet baby ray'smilfhunter
- LOL I posted "How to succeed at Meta" a month ago
- grafician5
"Mark Zuckerberg is set to resign next year"
https://theleak.co/2022/11/22/ma…
"Our insider source, privy to plans at Meta, informs us that “Zuckerberg is set to resign next year”. "
- Bye MetacuntNBQ00
- cutting and running while he still has coinhans_glib
- Meta stocks are up today.utopian
- Meta spokesperson denies report of CEO Zuckerberg stepping down next year
https://finance.yaho…PioneerDJ303 - We'll see if it's just PR...grafician
- Thanks, Elon.palimpsest
- I QUIT.... in a years time.shapesalad
- jump of a sinking ship..milfhunter
- grafician1
Meta cannot run advertising based on personal data, will need users' consent, according to EUprivacy watchdog decision - source
Final decision by Irish privacy body on Meta likely to include hefty fines - source
$META
- < this might set precedent for Google, Microsoft, Apple etc. in the EU
Nice.grafician - More info https://techcrunch.c…grafician
- < this might set precedent for Google, Microsoft, Apple etc. in the EU
- yuekit-1
Meta faces $1.6bn lawsuit over Facebook posts inciting violence in Tigray war
- yuekit-1
Although these cases are probably an uphill battle to win in court, the basic allegation is pretty damning...
"Facebook has repeatedly come under fire for expanding into countries with low media literacy, rapidly growing to encompass a large fraction of internet traffic in the area, and failing to devote sufficient resources to moderation in the local languages. That describes its role in Myanmar, where the site faces compensation claims worth more than £150bn after legal action was launched in the UK and US last December."
- sted0
- sted2
Ireland's Data Protection Commission has fined Instagram and Facebook parent Meta 390 million euros (about $414 million) for violating EU privacy laws with its targeted advertising.
The regulator also asked Meta to start asking for explicit consent for personalized advertising within three months. Meta says it will appeal the decision.
- that can mean each FB user in Europe could receive a $1PioneerDJ303
- sted0
Peak social media is when you can watch a tiktok video on twitter about people doing nothing but eating at facebook/meta hq. and the musketeer who owns twitter comes in and expresses his doubts about the reality presented in that video.
- NBQ00-1
Zucky now introducing verification subscription for FB & Insta like Musky is doing with twitter. lolz
- im all about bareback social media.. unverifiableautoflavour