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 [...]
2025-02-26
The Oversight Board will weigh in on Meta’s new hate speech policies
Less than two weeks before Donald Trump’s inauguration, Meta announced sweeping changes to its content moderation procedures, reportedly at the behest of Mark Zuckerberg and a small group of advisor [...]
2025-03-18
The wildest details in the Facebook memoir Meta is trying to bury
Sarah Wynn-Williams joined Facebook in 2011 when it was very much in its “move fast and break things” era. A former United Nations diplomat, she had aspirations of helping Facebook boost its stand [...]
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."& [...]