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Read previewNoah Kagan, an early Facebook employee, may have worked for Mark Zuckerberg for only nine months, but he says the brief stint taught him a lot about Zuckerberg's management style. Then I got fired," Kagan wrote in an X post on Tuesday before launching into what he said were the "10 non-obvious lessons" he picked up from Zuckerberg. Kagan joined Facebook as a product manager in 2005, the same year Zuckerberg dropped out of Harvard University to run the company full time. Representatives for Kagan and Zuckerberg didn't immediately respond to a request for comment from Business Insider sent outside regular business hours. Zuckerberg told employees in January 2023: "I don't think you want a management structure that's just managers managing managers, managing managers, managing managers, managing the people who are doing the work."
Persons: , Noah Kagan, Mark Zuckerberg, Kagan, Zuckerberg, uPGrc5aq6V — Noah Kagan, Mark, he's, Zuckerberg didn't, Meta Organizations: Service, Facebook, Zuckerberg, Business, Harvard University, Harvard, LinkedIn, Business Insider, Meta
The independent Oversight Board that hears appeals about content decisions on Facebook and Instagram said Tuesday it would consider whether the pro-Palestinian phrase "from the river to the sea" violates the platforms' rules including their ban on hate speech. In each of the three cases, other Facebook users reported the phrase, saying it violated platform rules on hate speech, incitement or violent organizations. The users opposed to the phrase then appealed to the Oversight Board. One of the Facebook posts being reviewed by the Oversight Board received about 8 million views, the board said. In one of its most significant decisions, the Oversight Board in 2021 upheld the suspension of former President Donald Trump from Meta's platforms but ruled that it was inappropriate to make the ban indefinite.
Persons: Instagram, Rashida Tlaib, Meta, Mark Zuckerberg, Donald Trump Organizations: Resistance, Facebook, Meta, Palestinian American, Hamas Locations: Manchester, United Kingdom, Israel, Gaza, Jordan, Palestinian, Palestine, Denmark
The app's founder, Edison Chen, described it as "a space for the older generations to feel more comfortable" in an interview with D Magazine last year and somewhere "the parents of TikTok users can express themselves." AdvertisementThe spokesperson said that since the House voted on a TikTok ban, Clapper has seen 30,000 new users. While the app heavily leans on Gen X and Y, the spokesperson said Clapper is adjusting its strategy "to appeal to younger audiences." It would remind me a bit of early Vine, but a lot of content I'm being served seems to be reposted old clips scraped from YouTube and other platforms. On Clapper, I'm watching without really thinking.
Persons: , Joe Biden, Edison Chen, Chen, I'm, Zers, TikTok, Shannon Lee, Allie, Rebecca Starkey, It's, vaxxers Organizations: Service, Business, D, Pew Research Center, YouTube, Facebook
Before Meta stepped away from nearly all its dealings with the news industry, Mark Zuckerberg considered getting more entangled with it than ever. Between 2017 and 2018, the founder and CEO of Facebook, as it was still known, seriously considered acquiring a news outlet. His focus eventually turned to The Associated Press, the storied news agency service, according to three people familiar with internal Facebook talks surrounding the idea. Around this time, Zuckerberg weighed another option for Facebook to start a news organization, the three people said. This idea was also ultimately abandoned, mostly due to concerns about public blowback and trust in Facebook at the time.
Persons: Meta, Mark Zuckerberg, Zuckerberg, Jeff Bezos, Chan Zuckerberg, Donald Trump, Facebook's Organizations: Facebook, Associated Press, Washington Post, Chan Zuckerberg Initiative, AP, Meta
A Meta product manager who also worked at Google in a similar role revealed some differences between the tech companies based on his experiences over the past six years. AdvertisementCompany transparencyMeta does maintain some of the transparency the company was known for in its earlier days, McKinnon wrote. At Meta, McKinnon was aware of what other teams were working on, partly through the company's internal forums and dashboards. At Google, employees mostly communicate through email or chat, so it's more difficult to know what everyone is doing, McKinnon wrote. At Google, McKinnon saw that projects were largely created and led by software engineers, and PMs played a more auxiliary role.
Persons: , Daniel McKinnon, Ray, McKinnon, Googlers, Meta's, Mark Zuckerberg, Sundar, Alphabet's, Sundar Pichai wasn't, Zuckerberg, Meta, VPs, Susan Li Organizations: Meta, Google, Service, Unit, Business, Facebook, . Software Engineers Locations: Meta
Major corporations often don't want to seem like they're taking one side politically, so they either sponsor both conventions, or neither. Conventions could see new sponsorsThe Democratic and Republican conventions this summer are the first fully in-person conventions since the 2016 election. Democratic convention organizers in April said if corporations had any reluctance to back the RNC, it hasn't hampered Chicago's efforts to lure donors. Microsoft in 2012 contributed over $1.5 million in a mix of in-kind and cash contributions to the Republican convention. JPMorgan donated $200,000 to the 2012 Republican convention and didn't write a check for the 2016 event.
Persons: Donald Trump, Jon Cherry, Rashad Robinson, Robinson, , Fiserv, Greg Goldner, Trump, Donald Trump's, aren't, they'll, Joe Biden, Trent Morse, Morse, they've, Alison Prange, Reince Priebus, Priebus, it's, Steve Kornacki's, Biden, Nancy Pelosi, Michelle Yeoh, Natalie Edelstein, Michael Sacks, Sacks, J.B . Pritzker, Barack Obama, Alex Hornbrook, There's, Taylor Swift, she's, Mitt Romney, Obama, didn't, General Motors Organizations: Christian Media, The Gaylord, Center, Getty, Republican National Convention, Republican, NBC News, Trump, Fiserv Inc, Democratic, Fiserv, RNC, Resolute Consulting, GOP, Corporations, Fortune, Milwaukee Journal Sentinel, Democrats, White House, Milwaukee, NBC, Wall, Republican National Committee, Wall Street, Biden, TV, Kentucky Derby, Street Journal, Northwestern Mutual, Wisconsin Fortune, Democratic National Convention, WEC Energy Group, Manpower Group, Conventions, Metropolitan Milwaukee Association of Commerce, DNC, Convention, Chicago, Longtime Democratic, Illinois Gov, White, Correspondents, Commission, Facebook, Google, Microsoft, Bank of America, FEC, Meta, Skype, CNBC, JPMorgan Chase, Walmart, JPMorgan, General Motors, General, Motors, Comcast, Press, Trade Locations: Nashville , Tennessee, Milwaukee, Wisconsin, America, Chicago, NBCUniversal, Philadelphia
Read preview404 Media has been pulling the thread of the great mystery of "What the heck is going on with all this AI image spam on Facebook?" Finally, Jason Koebler presents his theory of what all this AI engagement bait spam means:I think we should not view Facebook's AI spam through the lens of the "Dead Internet." The platform has become something worse than bots talking to bots. It is bots talking to bots, bots talking to bots at the direction of humans, humans talking to humans, humans talking to bots, humans arguing about a fake thing made by a bot, humans talking to no one without knowing it, hijacked human accounts turned into bots, humans worried that the other humans they're talking to are bots, hybrid human/bot accounts, the end of a shared reality, and, at the center of all of this: One of the most valuable companies on the planet enabling this shitshow because its human executives and shareholders have too much money riding on the mass adoption of a reality-breaking technology to do anything about it. AdvertisementI have a few theories about why Facebook is (for now) allowing this kind of AI image spam:
Persons: , they've, Jason Koebler, I'm Organizations: Service, Business, Facebook
Former Miss USA Cheslie Kryst's new memoir was finished by her mother, April Simpkins. AdvertisementA new memoir by former Miss USA Cheslie Kryst was released on Tuesday. Kryst was an attorney, reporter, and Miss USA titleholderKryst won the Miss USA title in 2019 while representing North Carolina, and made the top 10 at Miss Universe that same year. Miss USA Cheslie Kryst competed in the 2019 Miss Universe pageant. In 2019, Kryst was part of a historic moment when Miss Universe, Miss USA, Miss Teen USA, and Miss America all went to women of color.
Persons: April Simpkins, Simpkins, Kryst's, , Miss USA Cheslie Kryst, Kryst, Benjamin Askinas, John Huber, Healthline, Cheslie —, Cheslie Kryst, Mimi Winsberg, Brightside, Winsberg Organizations: Miss USA, Service, Miss, Miss Universe Organization, Mental Health, BI, Brothers, Sisters, America, Miss Teen USA, Miss America, Depression Association of America Locations: North Carolina, San Francisco
Tesla recently made new yearly lows with no apparent support level in sight until another 30% lower at the early 2023 bottom of $101.81. We're heading into Q1 earnings this evening plagued with a plethora of negative news headlines clouding this stock. Tesla shareholders, me included, are coming to the realization that consumer appetite for electric vehicles combined with increased competition are significant headwinds for the stock. All that being said, the phrase "it's always darkest before the dawn" usually applies to beaten-down fundamental stories that are approaching technical support. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: Tesla, Cybertruck, Elliott, Elon Musk, — Todd Gordon, Todd Gordon, TSLA Organizations: Tesla, Inside Edge, Inside Edge Capital Management Locations: Europe, Asia, Elon
In a 2005 interview, Mark Zuckerberg said he came up with the idea while drunk. But when a young Mark Zuckerberg over-imbibed, he invented the "poke," the Facebook feature that is both the most creative thing Facebook has done — and one of the creepiest. The poke was one of the earliest features of Facebook, which Zuckerberg launched in college in 2004 as The Facebook. Here's how he describes the poke feature:AdvertisementThere's this feature called poking where you just go to someone's profile and you can poke the person. It also made it easier to find the page where all your pokes live (try searching "pokes" on Facebook).
Persons: Mark Zuckerberg, , we've, Zuckerberg, David Pogue, You've, improbably Organizations: Facebook, Service, CBS, Meta
But increasingly, the algorithms that undergird our digital lives are making questionable decisions that enrich the powerful and wreck the lives of average people. There's no reason to be scared of AI making decisions for you in the future — computers have already been doing so for quite some time. As human control diminished, the real-world consequences of these algorithms have piled up: Instagram's algorithm has been linked to a mental-health crisis in teenage girls. AdvertisementAcross the public and private sectors, we've handed the keys to a spiderweb of algorithms built with little public insight into how they make their decisions. While generative AI is just the newest extension of the algorithm, it poses a unique threat.
Persons: who's, They've, Matthew Gray, Sergey Brin, Larry Page, It's, Elon Musk, Cambridge Analytica, algorithmically, ProPublica, Quora, OpenAI's ChatGPT, you've, they'll, superintelligence, — simulacrums Organizations: Knight Capital, Companies, Yahoo, Stanford, Google, Spotify, Netflix, Revenue, Facebook, Twitter, Elon, European Union, Associated Press, Black, Microsoft, Eating Disorders Association Locations: Cambridge
An analytics app Meta acquired a decade ago turned into a major source of inspiration for product and business decisions, including its work to "clone" Snapchat. Rosen is Meta's chief information security officer, while Tiger was vice president of engineering until he left Meta in 2022. For several years, Onavo was key to how Meta decided to acquire, launch, and change its products, according to over a dozen court documents unsealed last week in an ongoing lawsuit. After the acquisition, Facebook found through Onavo's data on messaging apps that Snapchat was a top five mobile app and WhatsApp had begun to outpace Facebook Messenger. The company was hailed for its tech that compressed data on mobile phones, allowing apps to run in the background without eating up user data.
Persons: Guy Rosen, Roi Tiger, Rosen, Tiger, Onavo, Meta, Mark Zuckerberg, Sheryl Sandberg, Mike Schroepfer, Chris Cox, Javier Olivan, Sandberg, Olivan, Cox, Facebook's, Colin Stretch, WhatsApp, Zuckerberg, Instagram, Snapchat, Stretch, Kali Hays Organizations: Meta, Facebook, Business, Onavo, YouTube, Olivan, TechCrunch Locations: Onavo, Davos, khays@insider.com
In today's big story, we're breaking down how to identify a meme stock . Three years after GameStop upended things, meme stocks are back in fashion. But how does one find a meme stock? (Trump Media doesn't technically qualify as a meme stock under Sosnick's criteria due to the amount of low short interest. Maintaining long-term support for a meme stock remains a tough nut to crack.
Persons: , Mark Zuckerberg, Satya Nadella, Jenny Chang, Rodriguez, There's, Steve Sosnick, Business Insider's Matthew Fox, David Becker, Chelsea Jia Feng, Donald Trump's, Trump, Bill Gross, BI's Peter Kafka, there's, it's, Pedro Ribeiro Simões, , Matt Chase, they're, OpenAI's Sam Altman, Sora, Meta, Tyler Le, Jack Canfield's, Jay Marine, Amazon's, Jeff Bezos, Antony Blinken, Emmanuel Macron, Dan DeFrancesco, Hallam Bullock, Grace Lett, Lisa Ryan Organizations: Business, Service, Getty, GameStop, Interactive, Business Insider's, Trump Media, Technology Group, AMC Entertainment, Big Tech, Hollywood, Facebook, NBA, FOX Locations: YOLO, hodlers, Silicon, Paris, Ukraine, Gaza, New York, London, Chicago
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On the agenda today:AdvertisementBut first: The effects of the fatal bridge collapse in Baltimore will be felt for months. ET Tuesday, the 984-ft long container ship Dali crashed into the Francis Scott Key Bridge in Baltimore, bringing it down. AdvertisementNow, China is in a similar situaJtion as Japan once was, as it stares down a property market collapse. But Japan's recovery won't be easy to replicate for China, which has resisted stimulus packages and faces a difficult trade market.
Persons: , Tim Cook's, Francis Scott Key, Tasos Katopodis, Dali, It's, Sam Altman, Kent Nishimura VCs, Altman, Sam Altman's, Jenny Chang, Rodriguez, I'm, Hannes P Albert, Chelsea Jia Feng, ChatGPT, Mark Zuckerberg Organizations: Business, Service, Apple, OpenAI's, Getty Images, Microsoft Locations: Baltimore, Port, London, China Japan, China, Japan
Read previewThe influencer had a directive for the 75,000 members of her Facebook Group. Some creators' Facebook pages look vibrant, with thousands of followers and every photo and post they share accruing numerous comments, affirmations, and reactions. PLEASE refrain from using the normal words," wrote an administrator for "Maniifesting 55k (META}🤑" , a Facebook Group with 6,500 members. AdvertisementBuying and selling Facebook accounts is prohibited, but a bustling trade in Performance Bonus accounts is thriving in some of the Groups. The 22,000-member "$30k Performance Bonus" Group hosts a mix of posts begging for engagement and people openly selling Facebook accounts.
Persons: , affirmations, Meta, That's, Baltimore influencer, tim e Organizations: Service, Facebook, Business, Baltimore, Facebook Groups, Facebook's, GE Locations: Baltimore
Newly unsealed emails reveal that when Meta was still called Facebook, CEO Mark Zuckerberg ordered his executives to find a way to learn how people were using competing apps like Snapchat, even if the information was encrypted. Advertisement"Given how quickly they're growing, it seems important to figure out a new way to get reliable analytics about them," Zuckerberg wrote of Snapchat in the email. The app "doesn't (can't) decrypt data," a Facebook employee noted in an email to Zuckerberg included in a court document. While the existence of Onavo's work to track rival app usage has been reported, details of Meta's actions, the executives involved, and the surrounding communications were unreported. AdvertisementAdvertisers suing Meta said the company failed for years to disclose its use of Onavo technology to intercept rivals' analytics traffic.
Persons: Meta, Mark Zuckerberg, Zuckerberg, Javier Olivan, Snapchat, Olivan, Guy Rosen, Rosen, , Mike Schroepfer, Kali Hays Organizations: Service, Facebook, Business, Meta, Wall Street, YouTube, SSL, TechCrunch Locations: California, Onavo, khays@insider.com
Reddit's post-IPO rally continues, despite the company receiving a hold rating from a prominent analyst. Investors continue to rally behind Reddit despite New Street Research issuing a neutral rating on the company "after the stock goes to the moon," analysts wrote in a note that was published Tuesday. Investors expect such a deal "to be added soon," considering OpenAI CEO Sam Altman maintains a 9% stake in Reddit. It also recently entered into an expanded partnership with Google, allowing the search giant to access more Reddit data to train its AI models. Meanwhile, some Reddit users took to the company's various finance-related subreddits on Tuesday to discuss the company's rising shares since its IPO.
Persons: Steve Huffman, Sam Altman, Altman, Condé Nast, Reddit, Reddit's, I've, I'd, Dash Organizations: New York Stock Exchange, New, Research, Investors, Advance Magazine Publishers, Google, Federal Trade Commission, FTC, GameStop, Nasdaq, Trump Media & Technology Group Locations: New York City, Reddit's, Reddit, pontificating
Related storiesLast week, a duo from Stanford University and Georgetown University published a paper — not yet peer-reviewed — about AI images on Facebook, after studying 120 Facebook pages through early March. It's been covered by other media outlets well before last week's study; 404 Media wrote about it in December. Meta's president of global affairs said in February that the company is working on generative AI labels it will roll out later this year. Notably, this comes in an election year that's already been marred by generative AI issues, online and off. But I don't want to see labeled generative AI content in my feed — I don't want any generative AI pictures at all.
Persons: , I, Joseph, Jesus, I'm, Mark Zuckerberg, Matthew, that's Organizations: Service, Business, Facebook, Stanford University, Georgetown University, Media Locations: Indiana, mmorris, insider.com
This story is available exclusively to Business Insider subscribers. But first: Social media is making a comeback. I'm not alone: Sharing on social media has tapered off, Business Insider reported back in 2023, but consuming content hasn't. Now social media platforms — Facebook, Instagram, TikTok, and others — are clamoring to get users to stay just a little while longer. It's clear social media isn't giving up without a fight — and right now, it seems we're OK with that.
Persons: , Instagram, Tyler Le, edu, Mark Zuckerberg, I'm, Gen Z, Kate Middleton, BBC Studios Kate, Princess, Wales, she's, Read, Andrew Caballero, Reynold, Jenny Chang, Rodriguez Sam Altman, OpenAI, Altman, Pete Ballmer, Abanti Chowdhury, Steve Ballmer's, Pete, didn't, Kristen Wiig's, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Service, Business, Dispatch Social, Facebook, BBC Studios, Aurora, Getty, Biosciences, Hulu, Netflix Locations: Finland's, Utsjoki, Lapland, New York
It took BI 20 minutes to find endangered squirrel monkeys and other exotic species for sale. Used lawn furniture, homemade baked goods… endangered species. 20 minutes to monkeysIt took BI less than two minutes to identify Facebook accounts selling the bowmouth guitarfish horns. Advertisement"In just two mouse clicks, our researchers could locate substantial wildlife trafficking content," researchers behind the ACCO study wrote. "Facilitated by transnational organized crime networks, with links to drug, human, and weapon trafficking, illegal wildlife trade threatens not only wildlife populations," Allan told BI.
Persons: , Crawford Allan, Allan, Jill Atkins Organizations: Facebook, Service, World Wildlife Fund, Coalition, Meta, Products, BI, Wildlife Fund, Wildlife, Alliance, WWF, United Nations, Sheffield University Management School, University of Sheffield
Meta says Pokes surged after it quietly resurfaced the Poke button. Technically, the Poke never fully left, it was just hidden deep, deep, deep within a bunch of settings that you'd need a pith helmet and satellite phone to reach. (Or you'd need to type "Poke" into the Facebook search bar or somehow know the Poke page's exact URL). Meta said it made a design tweak at the start of 2024 that made the Poke button slightly more visible. The Poke is a perfect low-effort way to connect with a Facebook friend you haven't seen in a while.
Persons: Meta, , Z, Facebook Meta Meta, millennials, Poke, haven't Organizations: Service, Facebook Meta, Facebook
Chew, meanwhile, clapped back, “American social companies don’t have a good track record with data privacy and user security. But if lawmakers were serious about protecting the digital data of millions of American social media users, targeting TikTok alone is a limited way to achieve this goal. Separately, US intelligence authorities have said that Russian operatives were able to exploit US-based social media platforms including Facebook and Twitter as part of an election meddling campaign in the lead-up to the 2016 US presidential vote. Sherman said he thinks some lawmakers are raising important national security concerns regarding TikTok. Ultimately, Jameel Jaffer, the executive director of the Knight First Amendment Institute at Columbia University, called the bill a “missed opportunity” for Congress to take real action regarding their concerns about US user data.
I have a twin sister who I'm very close with, who said, "I'm going to Chicago," and I was like, "You know what? But once things started opening back up and the world started to become "normal" again, a lot of my friends left Chicago. When they hired me, they said I could work from one of two locations: either Austin, Texas, or Chicago. It's been almost two years or so and people are still commenting, "Texas didn't want you anyway." I haven't been back to Texas since I made my decision but I'm going in February for my cousin's birthday.
Persons: , AW, I've, Austin, Ayahna Wilbon, wasn't, flack, It's, A.W, Wilbon, haven't, I'm Organizations: Service, Facebook, Business, Chicago, Texas, Austin, Dallas Locations: Chicago, Texas, There's, Austin , Texas, Austin, Dallas, Houston
Jefferies' Brent Thill sees Facebook as vital — despite President Donald Trump calling it an "enemy of the people" on CNBC's "Squawk Box " on Monday. The reverse has happened for small businesses," the firm's tech sector lead told CNBC's " Fast Money ." "The reality is the economic value to all these small businesses' advertising is off the charts." But ultimately, I think, the value created is so great for these small businesses, it's hard to turn down the facts," said Thill. "I'd be buying this stock on this weakness," Thill said.
Persons: Jefferies, Brent Thill, Donald Trump, CNBC's, Trump's, Thill Organizations: Trump, Facebook, Meta, Google Locations: Monday's
Meta CTO Andrew Bosworth said startup culture is often romanticized, but in reality isn't glamorous. The CTO said he woke up every four hours for two years to make sure an anti-spam system was intact. In an interview on Lenny's Podcast , Bosworth talked about the early days of Facebook when he worked as one of its first engineers. He also worked 120 hours a week and didn't sleep more than four hours consecutively a day for two years. If not he could go back to sleep for the next four hours, Bosworth said.
Persons: Andrew Bosworth, , Andrew, Boz, Bosworth, Mark Zuckerberg, Lenny Rachitsky Organizations: Service, Facebook
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