F.T.C. Chair Lina Khan Upends Antitrust Standards by Suing Meta

Lina Khan may set off a shift in how Washington regulates competition by filing cases in tech areas before they mature. She faces an uphill climb.

#antitrust-laws-and-competition-issues, #computer-and-video-games, #computers-and-the-internet, #corporations, #entrepreneurship, #facebook-inc, #federal-trade-commission, #khan-lina, #mergers-acquisitions-and-divestitures, #meta-platforms-inc, #metaverse-internet, #mobile-applications, #regulation-and-deregulation-of-industry, #start-ups, #supernatural-mobile-app, #virtual-reality-computers

Meta Reports First Revenue Decline and 36 Percent Profit Drop

It was the first time the social media giant’s revenue had fallen since it went public a decade ago, as it confronts increased regulatory scrutiny and a turbulent economy.

#advertising-and-marketing, #company-reports, #computers-and-the-internet, #facebook-inc, #instagram-inc, #meta-platforms-inc, #metaverse-internet, #social-media, #virtual-reality-computers

F.T.C. Sues to Block Meta Virtual Reality Deal as It Confronts Big Tech

The move is a potential blow to Meta’s metaverse efforts and signals a shift in how the Federal Trade Commission is approaching tech deals.

#antitrust-laws-and-competition-issues, #facebook-inc, #federal-trade-commission, #meta-platforms-inc, #metaverse-internet

How Mark Zuckerberg Is Leading Meta Into Its Next Phase

Facebook’s founder is setting a relentless pace as he pushes his company through a tech transformation during a global economic slowdown.

#appointments-and-executive-changes, #computers-and-the-internet, #data-mining-and-database-marketing, #facebook-inc, #instagram-inc, #instant-messaging, #meta-platforms-inc, #metaverse-internet, #mobile-applications, #online-advertising, #silicon-valley-calif, #social-media, #virtual-reality-computers, #zuckerberg-mark-e

As Midterms Loom, Meta C.E.O. Shifts Focus Away From Elections

Mark Zuckerberg, who once said securing elections was “the most important thing,” has shifted Meta’s focus to the metaverse. That may have real-world implications.

#computers-and-the-internet, #elections, #facebook-inc, #instagram-inc, #meta-platforms-inc, #metaverse-internet, #presidential-election-of-2020, #project-democracy, #rumors-and-misinformation, #social-media, #storming-of-the-us-capitol-jan-2021, #twitter, #voter-fraud-election-fraud, #whistle-blowers, #zuckerberg-mark-e

Andrew Garfield on Mark Zuckerberg: ‘His Dysfunction Has Become All of Our Dysfunction’

The actor, who was in “The Social Network,” shares how the film changed his view of social media and discusses his recent projects.

#audio-neutral-informative, #garfield-andrew, #metaverse-internet, #miranda-lin-manuel, #tick-tick-boom-movie

Out With the Facebookers. In With the Metamates.

Now that Facebook has renamed itself Meta, that’s what employees will be known as, the company said.

#facebook-inc, #hofstadter-douglas-r, #meta-platforms-inc, #metaverse-internet, #mobile-applications, #names-organizational, #social-media, #zuckerberg-mark-e

After Pak and Beeple, What’s Next for NFT Collectors? Art Made With a Paintbrush

Now crypto collectors are investing in something more tangible, and traditional, like paintings and sculpture. And art dealers are rushing to woo them.

#art, #blockchain-technology, #collectors-and-collections, #ethereum-foundation, #metaverse-internet, #nonfungible-tokens-nfts, #pace-gallery, #sachs-tom, #sun-justin-1990, #xu-felix

Facebook’s Failures of Invention

We’re seeing the limits of Facebook’s strategy to buy or copy other people’s best ideas.

#computers-and-the-internet, #facebook-inc, #instagram-inc, #meta-platforms-inc, #metaverse-internet, #mobile-applications, #news-and-news-media, #snap-inc, #social-media, #start-ups, #zuckerberg-mark-e

6 Reasons Meta Is in Trouble

The company formerly known as Facebook has hit major turbulence as it suffered its biggest one-day wipeout ever.

#antitrust-laws-and-competition-issues, #apple-inc, #company-reports, #computers-and-the-internet, #data-mining-and-database-marketing, #facebook-inc, #google-inc, #instagram-inc, #instant-messaging, #meta-platforms-inc, #metaverse-internet, #mobile-applications, #online-advertising, #social-media, #virtual-reality-computers, #zuckerberg-mark-e

Meta Says Apple’s Privacy Changes Could Cost the Company $10 Billion

After Apple made it harder to track people on the internet, even tech giants felt the effects.

#apple-inc, #company-reports, #computers-and-the-internet, #facebook-inc, #google-inc, #iphone, #meta-platforms-inc, #metaverse-internet, #online-advertising, #privacy, #snap-inc, #social-media, #software

How Facebook Is Morphing Into Meta

Shifting a 68,000-person social networking company toward the theoretical metaverse has caused internal disruption and uncertainty.

#appointments-and-executive-changes, #artificial-intelligence, #augmented-reality-computers, #bosworth-andrew-1982, #computers-and-the-internet, #engineering-and-engineers, #facebook-inc, #hiring-and-promotion, #innovation, #instagram-inc, #labor-and-jobs, #meta-platforms-inc, #metaverse-internet, #oculus-vr-inc, #social-media, #software, #virtual-reality-computers, #wearable-computing

What to Wear in the Metaverse

Dressing for a virtual world is going to be both enormously liberating and potentially very, very messy.

#digital-fashion, #fashion-and-apparel, #metaverse-internet, #your-feed-fashion, #zuckerberg-mark-e

Microsoft and the Metaverse

Why are so many major companies investing in this new digital world — and what is it, anyway?

#activision-blizzard-inc, #audio-neutral-informative, #computer-and-video-games, #mergers-acquisitions-and-divestitures, #metaverse-internet, #microsoft-corp, #virtual-reality-computers, #xbox-video-game-system