2025-02-21
Meta approves massive bonuses for executives after broad layoffs
Meta has offered up a lucrative new executive bonus plan, according to a company filing released Thursday. Under the new plan, executives could earn a yearly bonus of 200 percent of their base salary, which is up from 75 percent. This comes just after Meta announced sweeping layoffs impacting five percent of its workforce.
A committee for Meta’s board of directors approved the change on February 13, on the grounds that the “target total cash compensation [...]
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2025-01-07
Meta is ditching third-party fact checkers on Facebook, Instagram
Meta CEO Mark Zuckerberg announced a big shift in the company's approach to moderation and speech. Meta will be suspending its fact-checking program and will move to an X-style Community Notes mo [...]
2025-01-21
Meta is trying to lure TikTok creators with a new bonus program
The TikTok ban may have lasted only a few hours (at least for now), but Meta is still trying to capitalize on its rival’s tenuous future. Meta has rolled out a new “breakthrough bonus program” t [...]
2025-01-31
Meta Safety Advisory Council says the company's moderation changes prioritize politics over safety
The Meta Safety Advisory Council has written the company a letter about its concerns with its recent policy changes, including its decision to suspend its fact-checking program. In it, the council sai [...]
2024-12-31
Bluesky and Threads showed us very different visions for a post-X future
There’s no longer any question that Threads and Bluesky have created the most viable alternatives to the platform once known as Twitter. But while the two services may share some of the same goals, [...]
2025-01-14
Mark Zuckerberg plans to lay off an additional five percent of Meta's workforce
Meta is preparing for even more layoffs, according to reporting by Bloomberg. CEO Mark Zuckerberg said in a company memo that he plans on cutting about five percent of its "low-performers."& [...]
2025-02-13
Civil society groups urge Meta’s Oversight Board to resign in protest
Meta’s Oversight Board is coming under new pressure to respond to the company’s recent policy changes on fact-checking and moderation, which were made without input from the advisory group. A coal [...]
2025-02-14
Meta is reportedly working on humanoid robots that help with chores
If you look at your Roomba with disgust, thinking about what a far cry it is from the Jetsons’ Rosey the Robot, help is on the way. Bloomberg reported on Friday that Meta plans to leverage its advan [...]