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53°
Thursday, mar 20
Tag:
Mark Zuckerberg
News
Meta's Community Notes To Use Tech From Elon Musk's Social Media Platform
Meta's new Community Notes system will be based on algorithms developed by billionaire Elon Musk's social media platform, the company said. Meta will begin testing the crowdsourced program that aims to prevent misinformation on Tuesday, Mar. 18, the tech giant said in a blog post on Thursday, Mar. 13. The move comes as Meta replaces its third-party fact-checking program in the US for Facebook, Instagram, and Threads. Community Notes are part of CEO Mark Zuckerberg's broader shift toward what he calls "free expression" on the company’s platforms. "We’re going to take time to …
Business
Meta To Cut 5% Of Lowest-Performing Workers, Zuckerberg Braces For 'Intense Year': Reports
Meta will cut thousands of employees in the latest move for the controversial company that owns platforms like Facebook and Instagram, according to reports. An internal memo sent to Meta workers said five percent of low-performing employees will be terminated, Bloomberg News reported. The company that also owns WhatsApp and Threads has more than 72,000 employees, according to Meta's most recent quarterly report. A five-percent reduction would mean about 3,600 people could lose their jobs. "I've decided to raise the bar on performance management and move out low-performers faster,…
Business
Meta Drops Fact-Checking Program Ahead Of Trump's White House Return, Company Says
Meta is dismantling its third-party fact-checking program in the U.S. and aims to bring back political content as President-elect Donald Trump prepares to return to the White House, the company said. Meta CEO Mark Zuckerberg announced the changes in a video statement on Tuesday, Jan. 7. The company that owns Facebook, Instagram, WhatsApp, and Threads, will replace its fact-checking program with a Community Notes system similar to the one implemented on X (formerly Twitter). Zuckerberg said the new system's goal is to reduce bias and restore free expression. "Fact-checkers have be…
Business
Here's Who Rank As The Richest Maryland Billionaires In New Forbes 400 Report
Former and current sports team owners are among the richest in Maryland, though everyone is still chasing the renowned Lerner family, according to Forbes' most recent ranking of the richest people in America. With an estimated net worth of $5.8 billion, 94-year-old Annette Lerner and her family, which owns the Washington Nationals, as well as Lerner Enterprises in Rockville, are the most wealthy in Maryland, the new report states, though they are being rapidly approached by other moguls in Maryland. According to the report, "Lerner Enterprises is among the largest owners of real estate in t…