Sheryl Sandberg, long Facebook's No. 2 exec, steps down
Meta-Sandberg-Resignation FILE- In this Sept. 5, 2018, file photo, Facebook COO Sheryl Sandberg testifies before the Senate Intelligence Committee hearing on Capitol Hill in Washington. 2 exec at Facebook owner Meta, is stepping down, according to a post Wednesday, June 1, 2022 on her Facebook page. Fourteen years later, it is time for me to write the next chapter of my life," Sandberg wrote on her Facebook page Wednesday. “Sheryl Sandberg had an enormous impact on Facebook, Meta, and the broader business world. She helped Facebook build a world-class ad-buying platform and develop groundbreaking ad formats," said Debra Aho Williamson, an analyst at Insider Intelligence.
wftv.com10-year-old arrested over ""fake"" mass shooting threat
Florida authorities released a video on Saturday showing a 10-year-old 5th grader after he was arrested over an alleged written threat to commit a mass shooting. “My team didn’t hesitate one second to investigate this threat,” Lee County Sheriff Carmine Marceno said. “This child made a fake threat, and now he’s experiencing real consequences.”
news.yahoo.comDC sues Zuckerberg over Cambridge Analytica privacy breach
WASHINGTON — (AP) — The District of Columbia on Monday sued Meta chief Mark Zuckerberg, seeking to hold him personally liable for the Cambridge Analytica scandal, a privacy breach of millions of Facebook users’ personal data that became a major corporate and political scandal. D.C. Attorney General Karl Racine filed the civil lawsuit against Zuckerberg in D.C. Superior Court. The lawsuit maintains that Zuckerberg directly participated in important company decisions and was aware of the potential dangers of sharing users’ data, such as occurred in the case involving data-mining firm Cambridge Analytica. Cambridge Analytica gathered details on as many as 87 million Facebook users without their permission. Racine is seeking damages and penalties from Zuckerberg as may be determined in a trial.
wftv.comBoards for Meta, Twitter face backlash from NY pension fund
A major New York pension fund that has invested in both Facebook’s corporate parent and Twitter believes it’s time to shake up the companies’ boards of directors because of their inability to keep violent content off their influential social media services.
WhatsApp adds messaging tools to attract businesses
WhatsApp parent Meta is moving forward with its push to attract businesses to its popular chat app, part its effort to find new ways to make money beyond targeted advertisements on its other platforms, Facebook and Instagram. Meta CEO Mark Zuckerberg on Thursday unveiled a developer tool, WhatsApp Cloud API, which will enable businesses to message and chat with their customers more easily. Zuckerberg called it “an important step to help more businesses connect with people and help more people message the businesses that they want to support — big and small.”The company, which at the time was called Facebook, bought WhatsApp in 2014. Zuckerberg agreed at the time that putting ads on WhatsApp would not be the right way to make money from it. But the metaverse is in its infancy, its future uncertain, and the company still needs to make money in the meantime.
wftv.comThese are the books that Warren Buffett, Mark Zuckerberg and Daymond John turned to for crucial business lessons
Billionaires Buffett and Zuckerberg are just a few of the successful business leaders who have gleaned important lessons and career advice from books they've read throughout the years. Here are a few examples of the books on business that have influenced some of the business world's biggest success stories.
cnbc.comElon Musk takes a swipe at Mark Zuckerberg's ironclad control of Meta, says it's set up so even 'Mark Zuckerberg the 14th' will be in charge of Facebook and Instagram
When asked whether his role as richest man on Earth could pose a conflict of interest to his Twitter buy, Musk said he wouldn't be like Zuckerberg.
news.yahoo.comDid Amazon violate federal laws? Lawmakers ask for DOJ probe
Lawmakers have made good on their threat to seek a criminal investigation of Amazon, asking the Justice Department to investigate whether Amazon and its senior executives obstructed Congress or violated other laws in testimony on its competition practices.
Chan, Zuckerberg fighting Native American vaccine hesitancy
Dakota and Navajo actor Dallas Goldtooth joins other influencers — people who have earned the community’s trust — in a two-phase public outreach effort by nonprofit organizations IllumiNative, the Urban Indian Health Institute, and 13 Native groups in states including Alaska, Minnesota, and California.
Haugen urges lawmakers to avert impasse on social media laws
Ex-Facebook employee and whistleblower Frances Haugen implored lawmakers to avoid falling into the usual congressional stalemate as they weigh proposals to curb abuses in social media platforms by limiting the companies’ free-speech protections against legal liability.
Facebook whistleblower Frances Haugen fears the metaverse. Here’s why
Facebook whistleblower Frances Haugen is warning that the virtual reality world at the heart of the social media giant’s growth strategy will be addictive and rob people of personal information while giving the company another monopoly online.
EXPLAINER: Could Facebook sue whistleblower Frances Haugen?
Facebook has recently taken a harsher tone toward whistleblower Frances Haugen, suggesting that the social network could be considering legal retaliation after Haugen went public with internal research that she copied before leaving her job earlier this year.
Ex-Facebook manager criticizes company, urges more oversight
While accusing the giant social network of pursuing profits over safety, a former Facebook data scientist told Congress she believes stricter government oversight could alleviate the dangers the company poses, from harming children to inciting political violence to fueling misinformation.