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Facebook founder Mark Zuckerberg takes $29bn hit as Meta share price plunges

Sky News Friday, 4 February 2022
Facebook founder Mark Zuckerberg takes $29bn hit as Meta share price plungesMark Zuckerberg has seen $29bn wiped off his net worth after the share price of Meta - owner of Facebook, Instagram and WhatsApp - saw a record one-day plunge.
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News video: Zuckerberg's $420 Million Changes Result of the 2020 Election

Zuckerberg's $420 Million Changes Result of the 2020 Election 03:14

Funded by $419 Million from Facebook founder Mark Zuckerberg, The Center for Technology and Civic Life (CTCL) and The Center for Election Innovation and Research (CEIR) created a two-tiered election system that treated voters differently depending on whether they lived in Democrat or Republican...

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Mark Zuckerberg Mark Zuckerberg American internet entrepreneur and founder of Facebook

Facebook and Instagram To Postpone Taking a Cut of Creators’ Revenues Until 2024 [Video]

Facebook and Instagram To Postpone Taking a Cut of Creators’ Revenues Until 2024

Facebook and Instagram To Postpone , Taking a Cut of Creators’ Revenues Until 2024. On June 21, Mark Zuckerberg announced monetization updates for both platforms in a Facebook post. On June 21, Mark Zuckerberg announced monetization updates for both platforms in a Facebook post. Previously, Meta said it wouldn't share in creator revenue until 2023, but that has now been pushed back to 2024. Additionally, Facebook has added a new feature that allows creators to give fans subscriber-only access. The Verge reports that more creators will also be eligible for cash bonuses for making Reels. Instagram videos cross-posted to Facebook will be eligible for monetization as well. Instagram videos cross-posted to Facebook will be eligible for monetization as well. Stars, Facebook's tipping method, will be available to eligible creators. Also being tested is an Instagram creator marketplace that allows brands and creators to easily partner up. The Verge reports that a select group of American users will also "soon" have access to Facebook's NFT rollout

Credit: Wibbitz Top Stories    Duration: 01:31Published

Facebook Facebook Social media service

G7 leaders meet in Germany to discuss Ukraine [Video]

G7 leaders meet in Germany to discuss Ukraine

Boris Johnson, Joe Biden and other G7 leaders have met in Germany to discuss the issue of Ukraine. Report by ETEMADIL. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:51Published
Leaders arrive for G7 summit in Germany [Video]

Leaders arrive for G7 summit in Germany

Boris Johnson is among the leaders to arrive in Bavaria, Germany for the G7 summit hosted by German Chancellor Olaf Scholz. Report by ETEMADIL. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 02:24Published
Brandon Lewis: Boris can win next election [Video]

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Northern Ireland Secretary Brandon Lewis defends Prime Minister Boris Johnson and says he can win for the Conservatives at the next general election. Report by ETEMADIL. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:56Published
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Labour calls on Boris Johnson to step down

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Credit: ODN    Duration: 00:22Published
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Meta Platforms Meta Platforms American multinational technology corporation

Meta, Epic Games, Microsoft and Others Team Up To Develop Metaverse Standards [Video]

Meta, Epic Games, Microsoft and Others Team Up To Develop Metaverse Standards

Meta, Epic Games, Microsoft and Others , Team Up To Develop Metaverse Standards. Meta, Epic Games, Microsoft and Others , Team Up To Develop Metaverse Standards. Meta, Epic Games, Microsoft and Others , Team Up To Develop Metaverse Standards. Engadget reports that a group of some of the biggest tech names have formed an organization called the Metaverse Standards Forum. The goal of the group is to develop standards by which an open metaverse can be achieved. . Founding members include Meta, Epic Games, Microsoft. Founding members include Meta, Epic Games, Microsoft. Founding members include Meta, Epic Games, Microsoft. Huawei, Nvidia, Sony Interactive Entertainment. Huawei, Nvidia, Sony Interactive Entertainment. Huawei, Nvidia, Sony Interactive Entertainment. Qualcomm, Unity and Adobe. Qualcomm, Unity and Adobe. Notably, Apple and Google are missing from the list. Notably, Apple and Google are missing from the list. Both tech behemoths are reportedly working on their own respective AR headsets which are expected to be prominent metaverse devices. Both tech behemoths are reportedly working on their own respective AR headsets which are expected to be prominent metaverse devices. However, Metaverse Standards Forum membership is open to all organizations free of charge. so more companies could join down the road. Multiple industry leaders have stated that the potential of the metaverse will be best realized if it is built on a foundation of open standards, Metaverse Standards Forum, via press release

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Meta Introduces New Parental Controls for Instagram and Virtual Reality [Video]

Meta Introduces New Parental Controls for Instagram and Virtual Reality

Meta Introduces , New Parental Controls , for Instagram and Virtual Reality. NPR reports that Facebook's parent company Meta has announced new parental supervision measures for Instagram and its virtual reality headset. NPR reports that Facebook's parent company Meta has announced new parental supervision measures for Instagram and its virtual reality headset. The new features come after the company has faced intense scrutiny, particularly regarding child safety and detrimental effects on younger users. The new features come after the company has faced intense scrutiny, particularly regarding child safety and detrimental effects on younger users. In December, the company first announced that it would be rolling out new safety tools aimed at teens and their parents. In December, the company first announced that it would be rolling out new safety tools aimed at teens and their parents. NPR reports that Meta is now taking steps to give parents and guardians additional oversight of their kids' activities. NPR reports that Meta is now taking steps to give parents and guardians additional oversight of their kids' activities. One of the new features allow teens to use new 'nudges' that will help them switch to a different topic after repeatedly looking at the same type of content. . We designed this new feature because research suggests that nudges can be effective for helping people — especially teens — be more mindful of how they're using social media in the moment, Meta statement, via NPR. We designed this new feature because research suggests that nudges can be effective for helping people — especially teens — be more mindful of how they're using social media in the moment, Meta statement, via NPR. Meta said it also plans to launch reminders for teens to turn on the existing 'Take a Break' feature. Another aspect of the new features is to give parents more information and resources, including a Family Center education hub and tips for talking to teens. Another aspect of the new features is to give parents more information and resources, including a Family Center education hub and tips for talking to teens. This is just a starting point, informed by careful collaboration with industry experts, and we'll continue to grow and evolve our parental supervision tools over time, Meta statement, via NPR. This is just a starting point, informed by careful collaboration with industry experts, and we'll continue to grow and evolve our parental supervision tools over time, Meta statement, via NPR. The news comes after Meta was hit with eight lawsuits which accuse the company of deliberately making Instagram and Facebook addictive to young people. The news comes after Meta was hit with eight lawsuits which accuse the company of deliberately making Instagram and Facebook addictive to young people

Credit: Wibbitz Top Stories    Duration: 01:31Published
Major Companies Announce Layoffs and Hiring Freezes as Fears of Recession Loom [Video]

Major Companies Announce Layoffs and Hiring Freezes as Fears of Recession Loom

Major Companies Announce, Layoffs and Hiring Freezes, as Fears of Recession Loom. Yahoo reports that the United States has been impacted by a wave of corporate layoffs meant to cut costs amid broad market selloffs. . Big firms like Uber, Microsoft, Twitter, Wayfair, Snap and Meta have all seen layoffs. . Big firms like Uber, Microsoft, Twitter, Wayfair, Snap and Meta have all seen layoffs. . Other major companies to recently let go of employees include Tesla, PayPal, Uber and Netflix. Other major companies to recently let go of employees include Tesla, PayPal, Uber and Netflix. Tesla CEO Elon Musk announced his concerns about a potential recession in a company wide email. . The same email decreed that 10% of Tesla's staff needed to be laid off and hiring for the company would be put on hold worldwide. In May, Netflix fired about 150 U.S.-based employees after the company's revenue growth slowed down. In May, Netflix fired about 150 U.S.-based employees after the company's revenue growth slowed down. Also in May, Carvana fired 2,500 employees, or about 12% of its entire staff, after announcing its $2.2 billion acquisition of Adesa. . Also in May, Carvana fired 2,500 employees, or about 12% of its entire staff, after announcing its $2.2 billion acquisition of Adesa. . In April, Robinhood Markets announced a layoff of 9% of its full-time employees. . As a result, stock in Robinhood fell about 52.5% as of June 8. Facebook parent company Meta announced a company wide hiring freeze with stock down 42% year-to-date. According to Meta, the company is focusing on its core business and Reality Labs after making a $10 billion investment in developing the metaverse. . According to Meta, the company is focusing on its core business and Reality Labs after making a $10 billion investment in developing the metaverse.

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Elon Musk Tells Remote Tesla Workers They Can 'Pretend to Work Somewhere Else' [Video]

Elon Musk Tells Remote Tesla Workers They Can 'Pretend to Work Somewhere Else'

Elon Musk, Tells Remote Tesla Workers They Can, 'Pretend to Work Somewhere Else'. According to NBC News, Elon Musk has reportedly told Tesla employees to return to their offices for at least 40 hours a week or leave the company. . According to NBC News, Elon Musk has reportedly told Tesla employees to return to their offices for at least 40 hours a week or leave the company. . If you don’t show up, we will assume you have resigned, Elon Musk, leaked emails, via Electrek. In two emails obtained by Electrek, Musk told employees that he would personally review and approve any exceptions for particularly exceptional contributors. In two emails obtained by Electrek, Musk told employees that he would personally review and approve any exceptions for particularly exceptional contributors. There are of course companies that don’t require this, but when was the last time they shipped a great new product? It’s been a while, Elon Musk, leaked emails, via Electrek. There are of course companies that don’t require this, but when was the last time they shipped a great new product? It’s been a while, Elon Musk, leaked emails, via Electrek. Tesla has and will create and actually manufacture the most exciting and meaningful products of any company on Earth. This will not happen by phoning it in, Elon Musk, leaked emails, via Electrek. Tesla has and will create and actually manufacture the most exciting and meaningful products of any company on Earth. This will not happen by phoning it in, Elon Musk, leaked emails, via Electrek. NBC reports that Musk seemed to confirm the validity of the emails in a post to Twitter. In response to a question about the leaked emails, Musk tweeted, , “They should pretend to work somewhere else.”. In response to a question about the leaked emails, Musk tweeted, , “They should pretend to work somewhere else.”. According to NBC, other Big Tech companies have yet to force workers to return to the office. . According to NBC, other Big Tech companies have yet to force workers to return to the office. . Employers like Amazon, Apple, Google and Meta have gone to great lengths to retain workers amid what's been called the "Great Resignation.". Employers like Amazon, Apple, Google and Meta have gone to great lengths to retain workers amid what's been called the "Great Resignation.". These efforts include allowing at least some remote work.

Credit: Wibbitz Top Stories    Duration: 01:31Published

Instagram Instagram Media sharing social site

‘My Big Fat Greek Wedding 3’ Is in the Works [Video]

‘My Big Fat Greek Wedding 3’ Is in the Works

‘My Big Fat Greek Wedding 3’ , Is in the Works. 'Entertainment Tonight' reports Nia Vardalos shared the news on Instagram. . I have an announcement. We are in Greece, filming 'My Big Fat Greek Wedding 3,' and thank you so much for the lovely messages of just waiting and everything. I'm in a little room, getting ready to go down and film, Nia Vardalos, via Instagram. Vardalos also revealed that she'll be starring in and directing the movie. . I'll show you a part of it. We're filming in the beautiful Plaka of Athens. Oh, I want to teach you your first Greek word, which is e-skinothétis, and what that means is director. And guess who the director is? Me!, Nia Vardalos, via Instagram. Vardalos also shared a photo with some of her co-stars and said the project is dedicated to the late Michael Constantine who played her father in the films. Friends in real life are why our films are so much fun to make... gathered to honor the memory of Michael Constantine, may he rest in peace, Nia Vardalos, via Instagram. He had told me he wouldn’t be able to join us for the third film and his wish was that we go on. I wrote the screenplay to reflect Michael’s decision and will always treasure his last messages to me, hoping we were filming soon, Nia Vardalos, via Instagram. We miss you Michael, thank you for bringing my words to life with such passion and accuracy, you will always be with us. , Nia Vardalos, via Instagram. 'My Big Fat Greek Wedding' debuted in 2002 and earned an Oscar nomination for best original screenplay. 'My Big Fat Greek Wedding 2' came out in 2016. A release date for the third movie has yet to be revealed

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Britney Spears Returns to Instagram, Posts About Marriage, New House

Britney Spears is back from where she came -- Instagram!!! Britney re-activated her account Wednesday, with a post about marriage, swimming and steak. In other..
TMZ.com
‘Jeopardy!’ Host Mayim Bialik Tests Positive for COVID-19 | THR News [Video]

‘Jeopardy!’ Host Mayim Bialik Tests Positive for COVID-19 | THR News

The star announced her diagnosis via her official Instagram account on Monday and then directed people to the Instagram account for her ‘Bialik Breakdown’ podcast, where she offered more details on her symptoms

Credit: The Hollywood Reporter    Duration: 01:27Published
Rob Gronkowski Announces NFL Retirement [Video]

Rob Gronkowski Announces NFL Retirement

Rob Gronkowski , Announces NFL Retirement. Gronkowski, who retired before the 2019 season and returned to join Tom Brady and the Buccaneers, has decided to walk away from the game once more. Gronkowski, who retired before the 2019 season and returned to join Tom Brady and the Buccaneers, has decided to walk away from the game once more. The 33-year-old tight end made the announcement on June 21 via Instagram. I will now be going back into my retirement home, walking away from football again with my head held high knowing I gave it everything I had, good or bad, every time I stepped out on the field. , Rob Gronkowski, via Instagram . The friendships and relationships I have made will last forever, and I appreciate every single one of my teammates and coaches for giving everything they had as well. , Rob Gronkowski, via Instagram . From retirement, back to football and winning another championship and now back to chilling out, thank you to all. , Rob Gronkowski, via Instagram . Buccaneers fans, the Krewe, without you guys, none of this is possible, all of ya brought it every game, thank you for all you do. Cheers to what’s next, maybe sailing the seas, Rob Gronkowski, via Instagram . NBC Sports reports that although the Buccaneers were optimistic that Gronk would return. they drafted Cade Otton and Ko Kieft. they drafted Cade Otton and Ko Kieft. NBC Sports reports that during his career, Gronk had 621 receptions for 9,286 yards and 92 touchdowns. NBC Sports reports that during his career, Gronk had 621 receptions for 9,286 yards and 92 touchdowns. NBC Sports reports that during his career, Gronk had 621 receptions for 9,286 yards and 92 touchdowns

Credit: Wibbitz Top Stories    Duration: 01:31Published

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