Social media app, launched in the wake of Twitter chaos, recorded 576,000 active users in August, down 79% from 2.3 million in July
The daily usage of Threads, Meta’s answer to Twitter, continues to slump after a strong start in its first weeks of existence.
Engagement with the social media app is down 79% from a high of 2.3m active users in early July to 576,000 as of 7 August, according to Similarweb, a digital intelligence platform.
Continue reading...X owner in talks with government over historic site for event – though Colosseum and Rome ruled out
Elon Musk is in talks with Italy’s government about hosting his proposed cage fight with Mark Zuckerberg at a historic site in the country, but the Colosseum has been ruled out as a venue.
The owner of X Corp and the chief executive of Facebook-owner Meta first raised the idea of a one-on-one scrap in a series of social media posts back in June. The challenge came as Zuckerberg prepared to launch Threads, a rival microblogging site to Musk’s now rebranded Twitter platform.
Continue reading...Dust-up began after law passed requiring social media companies to compensate news publishers for posting their content
A group of Canadian news publishers and broadcasters has called on the country’s competition regulator to stop Meta from blocking access to news as the federal government and technology companies clash over revenue and content sharing.
News Media Canada, the Canadian Association of Broadcasters and CBC/Radio‐Canada warned on Tuesday that Meta’s decision to bar Canadians from viewing news on Facebook and Instagram amounted to “anticompetitive conduct” and violates a provision of a federal law.
Continue reading...Country’s data protection regulator said firm cannot harvest user information such as physical locations for showing targeted ads
Facebook owner Meta Platforms will be fined 1m crowns ($98,500) a day over privacy breaches from 14 August, Norway’s data protection authority told Reuters on Monday, a decision that could have wider European implications.
The regulator, Datatilsynet, had said on 17 July that the company would be fined if it did not address privacy breaches the regulator had identified.
Continue reading...Retaliatory move against Online News Act is ‘epic miscalculation’ that will promote spread of misinformation, analysts say
Social media giant Meta’s ban on news access on its platforms in Canada is an “epic miscalculation” that could damage journalism and promote the spread of misinformation and fake news, experts are warning.
The company announced the move on Tuesday, saying they had begun the process to end access to news on Facebook and Instagram for users in Canada.
Continue reading...Tech firms permit ads for potentially harmful products including vaginal ‘cleanse’ balls and useless herbs for infertility, according to an investigation
Meta, YouTube and Google are profiting from posts promoting harmful and useless health products to women in Kenya, according to an investigation.
Researchers from the media collective Fumbua have accused big tech firms of amplifying content that promises unproven cures for infertility and herbs that can stave off cancers on their networks.
Continue reading...Facebook and Instagram’s parent company will stop harvesting audience data to create profiles for advertisers after regulatory rulings
Facebook and Instagram are to ask EU users for permission to show them personalised adverts, in a concession that challenges the platforms’ core money-making strategy.
The social media networks’ parent company, Meta, announced the change after a series of regulatory rulings struck down the company’s legal justification for harvesting audience data to create user profiles that can be targeted by advertisers.
Continue reading...Move comes in response to Canadian legislation requiring internet giants to pay news publishers
Meta has begun the process to end access to news on Facebook and Instagram for all users in Canada, the company said on Tuesday.
The move comes in response to legislation in the country requiring internet giants to pay news publishers.
Continue reading...Study of Facebook and Instagram data from 2020 election shows chronological lists had no measurable impact on polarization
The powerful algorithms used by Facebook and Instagram have increasingly been blamed for amplifying misinformation and political polarization. But a series of groundbreaking studies published on Thursday suggest addressing these challenges will require more than just tweaking the platforms’ software.
The four research papers, published in Science and Nature also reveal the extent of political echo chambers on Facebook, where conservatives and liberals rely on divergent sources of information, interact with opposing groups and consume distinctly different amounts of misinformation.
Continue reading...Revenue grew to $32bn, marking company’s most profitable quarter since 2021, as news sends stocks surging by 7%
Meta stock rallied as the company reported an 11% rise in revenue on Wednesday, beating Wall Street expectations.
Revenue grew to $32bn in the quarter ending in June, compared to analysts’ average estimate of $31.12bn, marking Meta’s most profitable quarter since 2021. The news sent stocks surging by 7% in after-market trading.
More details soon …
Continue reading...eSafety commissioner received 795 requests to remove alleged bullying of children from various social media platforms in past 18 months, with 309 from TikTok
TikTok received more requests from Australia’s eSafety commissioner to remove posts that bullied children in the last 18 months than any other social media platform.
Reddit received the most reports of people’s images being shared without their consent.
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Continue reading...Elon Musk has said advertising has plunged on his social media platform and it is cashflow negative
An investor in Elon Musk’s Twitter has written down their stake in the business by 47% as advertisers rein in their spending on the social media platform.
The move by ARK Investment Management came as an analysis firm claimed that usage of the “Twitter killer” Threads app has fallen by half since its launch by Mark Zuckerberg’s Meta.
Continue reading...Khan accused of giving herself ‘unchecked power’ by taking aggressive steps to regulate Twitter, Meta and Google
Lina Khan, the chair of the Federal Trade Commission, faced a grueling four hours of questioning during a House judiciary committee oversight hearing on Thursday.
Republicans criticized Khan – an outspoken critic of big tech – for “mismanagement” and for “politicizing” legal action against large companies such as Twitter and Google as head of the powerful antitrust agency.
Continue reading...Exclusive: Parent company of Facebook, Instagram and Threads says it will ensure content on its platforms is ‘contributing to democracy’
Facebook and Instagram want to be “contributing to democracy” and not exacerbating harms surrounding the Indigenous voice referendum, the company’s Australian policy head has said, as the social media giant beefs up protections on misinformation, abuse and mental health before the national vote.
Meta, the parent company of the two apps, on Monday announced it would boost funding to factcheckers monitoring misinformation, activate global teams to locate and respond to potential “threats” to the referendum – including coordinated inauthentic behaviour – and form a partnership with ReachOut for mental health support to Aboriginal and Torres Strait Islander people. The company will also maintain transparency tools such as its ad library that tracks political spending.
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Continue reading...In a letter to CEO Mark Zuckerberg, a lawyer for the Elon Musk-owned app said Meta had unlawfully misappropriated trade secrets
Twitter has threatened to sue Meta over its new Threads app, which Mark Zuckerberg has openly billed as a rival, claiming the company has violated Twitter’s “intellectual property rights”.
In a letter to CEO Mark Zuckerberg, first published by the news outlet Semafor, a lawyer for Twitter said the company “has serious concerns that Meta Platforms (Meta) has engaged in systematic, willful and unlawful misappropriation of Twitter’s trade secrets and other intellectual property”.
Continue reading...New app developed by Facebook and WhatsApp owner is due to launch in the UK and US on Thursday
Mark Zuckerberg’s rival to Twitter will not launch in the EU on Thursday amid regulatory uncertainty about the service’s use of personal data.
Sources at Meta, which owns Facebook, Instagram and WhatsApp, said regulations were behind the postponement of an EU launch, amid a series of clashes between the social media group and the bloc.
Continue reading...Tech firm gives parents greater control over their children’s online activities, but not all kids have consistent supervision
Social media giant Meta this week introduced new parental supervision tools, but child protection and anti-sex trafficking organizations say the new measures offer little protection to the children most vulnerable to exploitation, and divert the responsibility from the company to keep its users safe.
On Tuesday, Meta launched new features aimed at increasing parents’ awareness of their children’s activities on its platforms. For Messenger, its private message service, parents can now view and receive updates on their child’s contacts list and monitor who views any stories their child posts. On Instagram, the company has introduced a new notice to alert parents if their child has blocked somebody.
Continue reading...Employees get preview of chatbots similar to ChatGPT for Messenger and WhatsApp
Facebook’s owner, Meta, announced new artificial intelligence-focused tools in an internal company meeting on Thursday and outlined its plan after months of financial struggle.
The company confirmed a New York Times report that employees were given a sneak peek of new products it has been building, including ChatGPT-like chatbots planned for Messenger and WhatsApp that could converse using different personas.
Continue reading...Trauma experienced by staff at Nairobi Facebook hub recognised in legal ruling that may have global implications
Meta has been ordered to “provide proper medical, psychiatric and psychological care” to a group of moderators in Nairobi following a ruling in a Kenyan employment court that heard harrowing testimony about the distressing nature of their work.
The instruction by judge Byram Ongaya formed part of a broader interim ruling that saw the moderators’ jobs restored after they sued Meta in March for what they termed a “sham” mass redundancy.
Continue reading...Observer investigation reveals Meta Pixel tool passed on private details of web browsing on medical sites
NHS trusts are sharing intimate details about patients’ medical conditions, appointments and treatments with Facebook without consent and despite promising never to do so.
An Observer investigation has uncovered a covert tracking tool in the websites of 20 NHS trusts which has for years collected browsing information and shared it with the tech giant in a major breach of privacy.
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