The Federal Trade Commission proposes sweeping changes to a 2020 privacy order with Facebook that would prohibit it from profiting from data it collects on users under 18.
Posted inBusiness, Nation & World
Facebook parent company Meta begins fresh round of job cuts among highly skilled staff
In total, Meta expects to cut around 10,000 jobs.
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Posted inBusiness, Nation & World, News
Facebook parent plans to cut thousands of jobs, after CEO predicted no more layoffs
Meta’s newest efforts to become more efficient is part of a larger wave of tech companies that have slashed positions in recent months.
Posted inBusiness, Op-eds, Opinion
From the Business Desk: In praise of tall buildings
An 18-story addition to Portland’s skyline raises the question of why the city should build tall – and why we should raise our sights so high.
Posted inBusiness, Nation & World
Donald Trump to be allowed back on Facebook after 2-year ban
Former President Donald Trump was suspended on Facebook on Jan. 7, a day after the deadly 2021 insurrection.
Posted inOp-eds, Opinion
Commentary: Trump and Facebook are frenemies who can’t let go
Allowing the former president back on the social platform would be risky, but both sides could use the revenue.
Posted inBusiness, Nation & World, News
Congress drops media bargaining bill amid Facebook, industry blowback
The Journalism Competition and Preservation Act would have allowed publishers a temporary exemption from antitrust laws to negotiate jointly for the use of their content by the large tech companies.
Posted inBusiness, Nation & World, News
Facebook parent Meta threatens to remove news from platform
Congress is considering legislation that could require social media companies to pay news outlets for their material.
Posted inBusiness, Nation & World, News
Meta expected to join tech industry’s growing list of layoffs
More than a month ago, Meta had said it would stop making new offers to job candidates, sourcing candidates and approving internal transfers while the company reevaluated how best to prioritize its staffing resources.
Posted inBusiness, Uncategorized
Social media platforms brace for midterm elections mayhem
Social media platforms like Facebook, TikTok and Twitter say they’re taking steps to prevent the spread of misinformation about voting and elections ahead of next month’s midterms.