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The Latest Breaking News from Facebook

Facebook Yields To Biden’s Request To Remove COVID-related Content, Despite Internal Dissent

Biden administration pressures Facebook to remove COVID content, sparking internal disagreement

Zenger

‘The everything app’: why Elon Musk wants X to be a WeChat for the west

Twitter owner’s rebranding is part of larger strategy to add payment functionality and more

The Guardian - UK

Is Meta Stock Still A Buy After Facebook Parent Surges On Earnings, Outlook?

Meta stunned Wall Street with the Facebook parent's bullish Q3 sales outlook. But is now a good time to buy Meta stock?

Investors Business Daily

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Studies Keep Finding That Social Media Algorithms Don't Increase Polarization. Why Is the Press So Skeptical?

New research on Facebook before the 2020 election finds scant evidence to suggest algorithms are shifting our political views.

Reason

Election disinformation campaigns targeted voters of color in 2020. Experts expect 2024 to be worse

Community organizations are gearing up for what they expect will be a worsening onslaught of disinformation targeting voters of color as the 2024 election approaches

The Independent UK

Bay Area man fatally stabbed woman and posted video of it on Facebook, police say

Authorities say a man allegedly stabbed a woman to death in the San Francisco Bay Area and then posted a video of the slaying to Facebook

The Independent UK

Man arrested after posting video of fatal stabbing on Facebook

Someone who viewed the video reported it to the police, leading them to the victim

The Independent UK

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Difference In Social Media Algorithms Does Not Reduce Political Polarisation, Study Finds

97% of political news sources on Facebook identified as having spread misinformation more popular with conservatives

Zenger

Stock Market Rallies Amid Huge Earnings, Fed Rate Hike, Inflation Data: Weekly Review

Despite Thursday's downside reversal the major indexes had a solid advance amid an earnings wave and another Fed rate hike.

Investors Business Daily

Biden White House Pressured Facebook To Censor Lab Leak Posts

"Can someone quickly remind me why we were removing—rather than demoting/labeling—claims that Covid is man made," asked Meta's president for global affairs.

Reason

Creative Flow+ review

Shutterstock is more than an online media library: they also offer browser-based tools to help you organize, schedule and design artwork for social media and print. If you already have a subscription to its library, you already have access to it, but you can also get it on its own.…

TechRadar

'Shark Tank's' Kevin O'Leary Shares Key Advice for Every Worker

The 'Shark Tank' investor also shares his thoughts on "quiet quitting'

The Street

For FuturLabs, PowerWash Simulator's success is just the "start of the journey"

FuturLab’s James Marsden shares PowerWash Simulator’s success and what that means for the title's future

TechRadar

Why Dunkin' and Lego rebrands succeeded – but X missed the mark

Twitter has swapped the fluffy bird that used to symbolize the social media platform for a spindly black X. Ditching the company’s well-known logo and changing its name to a letter often associated with danger, death and the unknown is only the latest user-aggravating step CEO Elon Musk has taken…

The Conversation

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Fortune

Threads can become the 'purest form' of social media as long as Meta and Mark Zuckerberg agree to one thing, says tech exec

The president of a once-trendy social app believes Meta should operate Threads as a loss leader to help it reclaim the goodwill it lost over the past few years.

The Street

7 Things You May Have Missed From Meta's Earnings

Here's what investors must know about Meta Platforms' second quarter results.

The Guardian - US

Changing Meta’s algorithms did not help US political polarization, study finds

Study of Facebook and Instagram data from 2020 election shows chronological lists had no measurable impact on polarization

Kiplinger

Stock Market Today: Stocks Drop Despite Solid Meta Earnings

The major benchmarks couldn't hold on for a win Thursday, though Meta stock popped on impressive Q2 results.

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WEKU

New study shows just how Facebook's algorithm shapes conservative and liberal bubbles

Research conducted at the height of the 2020 election reveals new details about how Facebook's algorithms handle political content. But it suggests there are no easy fixes to political polarization.

The Independent UK

Deep dive into Meta's algorithms shows that America's political polarization has no easy fix

A team of some of the world's leading social media researchers has published four studies looking at the relationship between the algorithms used by Facebook and Instagram and America's widening political divide

The Independent UK

Republican-led committee calls off vote to hold Meta's Mark Zuckerberg in contempt

A House committee has called off a vote on a recommendation that Meta CEO Mark Zuckerberg be held in contempt of Congress for failing to fully supply documents related to an investigation into supposed censorship of conservatives by tech companies

Roll Call

House panel backs away from Zuckerberg contempt vote - Roll Call

A House committee scrapped a Thursday meeting to vote on whether to hold social media mogul Mark Zuckerberg in criminal contempt of Congress.

TechRadar

Facebook is being flooded with fake ads that are actually malware

ChatGPT and Bard users are being targeted by fake Facebook ads that look to steal your information.

WEKU

Meta's Threads needs a policy for election disinformation, voting groups say

Twelve voting rights organizations tell Meta its new social media site Threads needs a robust plan to ensure election disinformation doesn't go viral during the 2024 elections.

Zenger

Meta Platforms Beats Expectations With $32 Billion Q2 Revenue, User Base Continues To Grow

Group's revenue up 11% YoY, ahead of $31.12 billion prediction by analysts; 3.07 billion family daily active people, up 7% YoY.‌

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