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RARE PHOTOS: 73 - The Real Truth

Wall Street liked what it heard in the Facebook parent's latest earnings, and the company also won a round with the FTC.

Axios

MEPs launch site for EU officials to report ‘shady lobbying’ by big tech

Exclusive: Dutch MEP hopes site will give early warning of suspicious tactics such as use of front organisations

The Guardian - UK

Meta shares soar as Zuckerberg ushers in ‘year of efficiency’

Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg struck a new tone with investors Wednesday: The social media giant will be leaner, more efficient and more decisive, with a big assist from artificial intelligence.

Tribune News Service

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Meta soars after sales beat, rosy forecast as Facebook grows

Meta Platforms Inc. posted quarterly sales that topped estimates, gave a rosy revenue forecast and indicated Facebook and Instagram still have room to grow, signaling it’s on course for a turnaround after its most difficult year.

Tribune News Service

Snap shares tank after losses top $280 million

The scale of the struggle facing the world’s largest social media firms was laid bare today after Snapchat owner Snap Inc posted a whopping $288 million (£234 million) loss for the fourth quarter, reversing profits of $23 million it made in the previous year and sending its shares down as…

Evening Standard

Why has Alphabet hit the panic button? Only Google can answer that question

The economic downturn, US lawsuits and the fear of rising tech rivals could be reasons for the firm’s 'code red” alert, but it still has an AI ace up its sleeve

The Guardian - UK

Donald Trump is reinstated to Facebook after 2-year ban

Ending a two-year ban, Facebook says the public has a right to hear from its political leaders, ‘the good, the bad and the ugly — so that they can make informed choices.’

Chicago Sun-Times

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Free the nipple: Facebook and Instagram to lift ban on sharing bare breasts pictures

A decade ago, Facebook had banned its users from sharing bare breasts photos on their account. But in an inclusive move, Meta may now allow trans, non-binary people and women to share their bare breast photos on their platform.

The Times of India

Free the nipple: Facebook and Instagram told to overhaul ban on bare breasts

Meta’s advisory board says policy impedes right to expression for women and trans and nonbinary people

The Guardian - US

Meta alleges online spying firm collected data of 600,000 Facebook users

The surveillance firm known as Voyager Labs supposedly extracted info, including social-media posts, friends’ lists, photos, and comments.

Evening Standard

Salesforce eyes thousands of job cuts in fresh Bay Area tech layoffs

Salesforce plans to chop potentially thousands of jobs worldwide within weeks, the company said Wednesday, marking a grim start to 2023 for a tech sector that’s already reeling from layoffs.

Tribune News Service

EXPLAINER: Kansas' Democratic governor imposes TikTok ban

Kansas Gov. Laura Kelly has become one of the first Democratic governors to ban the use of TikTok on state-issued devices

The Independent UK

From Twitter chaos to TikTok bans to the metaverse, social media had a rocky 2022

From Facebook's troubled pivot to the metaverse to Twitter's management chaos to industry-wide layoffs, social media companies have had a rocky 2022

WEKU

TikTok staff accessed data to track journalists, ByteDance finds

Chinese parent company of popular video app says the employees responsible are no longer with the company.

Al Jazeera

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The Times of India

Twitter rolls out grey tick mark for govt, golden for companies

NEW DELHI: Social media platform Twitter has started rolling out a grey tick verification mark for government-related accounts and a golden tick mark for companies while the rest of the verified accounts will get a blue tick mark.

The Independent UK

Meta faces record-breaking fine after being accused of breaking EU rules

Fine for Facebook owner would smash previous European Union record of 4.125 billion euros

Asharq Al-Awsat

EU Accuses Meta of Antitrust Breaches with Classified Ads

The European Union on Monday accused Facebook parent Meta of breaching antitrust rules by distorting competition in the online classified ads business, the bloc’s latest maneuver to curb the power of Big Tech companies. In its complaint following an investigation launched last year, the EU’s executive commission took issue with…

The Independent UK

EU accuses Meta of antitrust breaches with classified ads

The European Union has accused Facebook parent Meta of breaching the bloc’s antitrust rules by distorting competition in the online classified ads business

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The Guardian - UK

Twitter’s suspension of journalists sets ‘dangerous precedent’, UN warns

Pressure grows on Elon Musk as EU says social media platform could face sanctions over suspensions

AAP

Google lifts ban on Aussie abortion ads

The Greens will push for Google to front an inquiry after the telco stopped ads for abortion services appearing on the platform, before reversing the decision.

The Guardian - AU

Australian abortion and contraceptive provider’s ads banned by Google

MSI Australia has been prevented from promoting its services through paid ads on Google since 3 December

The Guardian - UK

Meta faces $1.6bn lawsuit over Facebook posts inciting violence in Tigray war

Legal action backed by Amnesty alleges hateful posts inflaming war in northern Ethiopia were allowed to flourish on platform

Al Jazeera

Meta sued for $2bn over Facebook posts ‘rousing hate’ in Ethiopia

A lawsuit filed in Kenya alleges Facebook’s recommendations systems amplified violent posts, inflaming the conflict.

Newslaundry

‘Public interest’: Meta panel upholds move to restore Insta video showing sexual assault on Dalit woman

Meta’s Oversight Board has upheld the social media giant’s decision to restore an Instagram video showing a Dalit woman being sexually assaulted by a group of men, citing larger public interest and the need to raise awareness about discrimination against Dalits and Adivasis in India, especially women. However, the board…

Reuters

Meta accused in lawsuit of allowing posts that inflamed Ethiopia conflict

Meta Platforms was accused in a lawsuit filed in Kenya on Wednesday of letting violent and hateful posts from Ethiopia flourish on Facebook, inflaming the Ethiopian civil war.

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